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Aleonysh [2.5K]
3 years ago
5

Eric and Chelsea sign a contract where Eric will sell his used car to Chelsea for $400. That night, Chelsea's parents surprise h

er with a new car. Chelsea's friend, Andrea, needs a new car. Andrea, Chelsea and Eric sit down the next day and cross off Chelsea's name on the contract and write in Andrea's name. All three of the parties initial the changes. This is:a. a satisfaction.
b. an accord.
c. a novation.
d. a rescission.
Business
1 answer:
tangare [24]3 years ago
4 0

Answer:

Option C....

A novation

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a. sales orientation

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During the process of making financial decisions, the three primary decisions are spending, saving, and <u>planning</u>.

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A financial decision can be defined as a strategic process through which an individual or business firms save, plan, and decides on how to spend its revenues over a specific period of time.

This ultimately implies that, the three primary decisions during the process of making financial decisions include the following:

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Answer: a. consumer price index rises much more than does the GDP deflator.

Explanation:

The Consumer Price Index is a measure of inflation. It shows the change in the prices of a basket of goods over a period of time. If the prices of gasoline and heating oil rise, this basket will be affected and so Consumer Price Index (CPI) will increase.

GDP deflator on the other hand, adjusts the nominal GDP to a Real GDP measure. Not everything will increase in price in the country as a result of oil going up so GDP will not change by much which would limit the increase in the GDP deflator.

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