Answer:
<u>True</u>
Explanation:
Remember, Consideration is that thing that is legally agreed and given such as money, property in exchange for something.
What usually should come first in any contract is sufficient consideration; presence of value to be given.
Therefore, a Court can refuse to enforce an agreement due to insufficient consideration because it is the primary thing that should come first in any contract.
For example, a father gives his adult son $5 on Monday as a present and the son is impressed he says he’ll give his father $10 the following day, there is no contract. In this scenario the son does not have to give his father $10 on Tuesday, because they (son and father) did not agree to give $5 in exchange for $10. A court would term this case as having insufficient consideration.
Answer:
Loss leader strategy
Explanation:
A loss leader is a strategy in which an item or administration that is offered at a value that is not beneficial, yet it is offered to pull in new clients or to offer extra items and administrations to those clients. Loss leading is a typical practice when a business first enters a market. Basically, a loss leader informs new clients with an assistance or item in the desire for building a client base and verifying future repeating income.
Answer: Server level agreement (SLA)
Explanation:
An SLA is an agreement between the service provider and its client. This ensures that quality, service, reliability and resources are met. SLA binds the service provider to honor the agreement.
If someone believe that is never ethical to eat meat, they believe that right or wrong is defined by personal belief/prejudice
They didn't use god and religion as their right and wrong guidebook, and they also don't use concrete facts as for why is it wrong for human to eat animal unless "because they also have feelings" argument
Answer and Explanation:
The Journal entries are shown below:-
1. Maintenance and Repairs Expense Dr, $150
To Cash $150
(Being cash paid is recorded)
For recording this we debited the maintenance and Repairs Expense as there is increased in expenses and credited the cash as assets are decreased
2) Equipment $700
To Cash $700
(Being cash paid is recorded)
For recording this we debited the equipment as it increased the assets and credited the cash as assets are decreased
