A company's ________ is similar to a company's personality.

Percy is a rich boy whose parents supply him with every conceivable necessity of life. While still a minor, Percy buys a coat on

cricket20 [7]

Answer:

The answer is: Percy can disaffirm the contract, and he must return the coat.

Explanation:

Minors (people under 18 years of age) are not allowed to participate in any kind of contract except for essential items like medicine or food. In order for a contract to be enforceable, Percy's parents must give prior consent.

So Percy can choose to either continue with the contract or void it, but if he decides to void the contract he must return the coat he bought.

6 0

3 years ago

Read 2 more answers

The ability of a government to exert control over a person or corporation is called _____.

omeli [17]

It is called a jurisdiction.

3 0

3 years ago

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine-hours best explain the

Paha777 [63]

Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest activity is in February.

Using high low method:

Variable cost = ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost = ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost = ( $9,625 - $8,360 ) / ( 950 - 720 )

Variable cost = $1,265 / 230

Variable cost = $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

5 0

3 years ago

If you are interested in pursuing a B.S.E. (Bachelor of Science in Engineering) degree, please write a 300-500 word essay descri

m_a_m_a [10]

Explanation:

When I was in school grade 9, I had my first interaction with a robot during a visit to technology expo since then I could not think of anything else but to awe for exploring the fascinating world of robots.

I didn't had much resources to buy tools and components to build robots but still my passion kept me motivated and I found my way to get hands on scrap parts available at the various spots in my locality. Slowly and gradually, I kept learning and building robots and by the time I was in my high school, I had already won 3 major school competitions and received tremendous amount of recognition. Due to my outstanding performance, I was awarded with merit scholarship for the college.

In college, I continued my handwork and kept myself busy in exploring the depth of robotics. I had the pleasure of working on a big project funded by a our college. The project was to build a search and rescue quad-copter. Honestly speaking, it was not easy! I worked day and night tirelessly, and finally after 6 months I successfully built the quad-copter.

My goal is to become an inventor in the field of robotics. Building such robots that can make a difference in our lives and help humanity to grow and thrive. I believe that engineering program at Princeton encourages such passion and vision and would be a great learning platform for me to showcase my talent and skills.

4 0

3 years ago

Match each of the following accounts to its proper balance sheet classification.

arlik [135]

Answer:

Account Balance sheet classification

a. Accounts payable Current liabilities

b. Accounts receivable Current Assets

c. Accumulated depreciation Property,plant and equipment

d. Buildings Property,plant and equipment

e. Cash Current Asset

f. Goodwill Intangible Asset

g. Income taxes payable Current liabilities

h. Investment in long-term bonds Long term investment

i. Land Property,plant and equipment

j. Inventory Current Assets

k. Patent Intangible Asset

l. Supplies Current Assets

8 0

3 years ago