An agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
Answer:
The M1 definition of money includes item(s) :
3. Currency (coins and paper money) in circulation
6. Checkable deposits
Explanation:
According to Fred, M1 comprises:
(1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of other depository corporations;
(2) traveler's checks of nonbank issuers;
(3) demand deposits at commercial banks (excluding those amounts held by other depository corporations, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and
(4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts, and demand deposits at thrift institutions. \
Seasonally adjusted M1 is constructed by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately.
It was a beagle. The claritin medicine for common allergies, itching, runny nose, watery eyes and some other on its 2018 commercial. Find the attach image.
Horizontal pressure gradient force results from high and low pressure systems in the atmosphere
Answer:
The statement which is incorrect or not true is Option A.
Explanation:
Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report
= $200,000 × 60%
= $120,000
But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.
Therefore, the first option is incorrect.
