The Correct Answer is Option D. (Job-Cost record)
Answer:
This is an escrow transaction. An escrow is an arrangement where a third party (ABC Escrow) holds funds for a given transaction between other two parties.
The Van Horns are the grantees in this transaction.
The escrow is responsible for the safe keeping of the funds, in order to avoid any type of loss or fraud.
Answer:
The correct answer is option B.
Explanation:
Melanie decided to buy a coat at a price of $79.95.
When she brought the coat to the store's sales clerk, Melanie was told that the coat was on sale, and she would pay 20 percent less than the price on the tag.
She got a discount worth $15.99.
The consumer surplus, in this case, will be at least $15.99.
This is because the consumer surplus is the difference between the price the consumer is willing to pay for a good and the price he/she actually pays.
Melanie paid $15.99 less than the price but she may have been willing to pay more than the initial price. So the consumer surplus will be at least $15.99.
Answer:
Position Defense
Explanation:
Based on the description provided within the question it can be said that the term being described is called Position Defense. Like mentioned in the question this is when a company/business manages to surpass it's competition in desirability and intends to maintain that position with zero intention of diverting from it, and will do everything possible in order to do so.
