I would say that this note would still be valid despite no date on it since it states that it will be paid after the sale of his automobile and in the absence of a date, I believe it could be considered be paid up to 6 months after the sale of the automobile since that sale will have a date or needs to be ensured that such a date is now recorded. While a full signature is preferable, I believe the initial will suffice since some legal documents say at financial institutions only require an initial and in any case the person who initialled it can be contacted to provide his full signature and confirmation that the 6 months after the sale of the automobile can be used.
Answer:
Flexible
Explanation:
Flexible organisational structure is one that is informal and lacks management layers (flat structure).
This helps an organisation make decisions faster without waiting for approval at various levels of heirachy or departments within the organisation.
In the given scenario new drinks are constantly being invented, and more and more companies are looking to market healthy drinks, with less sugar and fewer artificial sweeteners.
Quick decisions on product change are needed and this is provided for by the flexible organisation structure.
Answer:
Borrower can capitalize on a reference rate decrease
Explanation:
Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.
As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest
Answer:
C. a change in marginal cost causes the profit-maximizing level of output to change by the same amount and in the same direction
Explanation:
Kinked demand curve consider that the business may face a double demand curve based on the likely response of other firms to change in the price of product.
it assumes that the change in variable cost may not cause to rise or fall in the profit maximising price in the market.
Due to change in cost the equilibrium price and output of product remains constant
