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2 years ago

contracts are called because no formalities are required in making them

1 answer:

3 0

The answer to this question is Simple;informal
Simple contracts usually will be used if the transaction happens in small scale (it held small amount of value)
Which means that both parties either believe in one another or they simply do not care enough about the contract to care about the legal precautions.

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Use the indirect pattern when you need to soften or delay bad news until after an explanation is given. Understanding the four c

Trava [24]

Answer:

The correct answer is letter "B": Understanding.

Explanation:

While composing a text, the understanding buffering technique is helpful to show the reader the writer is concerned about what is being exposed. The buffering must provide a smooth transition to the explanation of the text. Thus, it must be written the most accurate possible.

5 0

3 years ago

National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has be

shepuryov [24]

Answer:

National Chemical Company

New Variant of a Chemical Compound:

The effect on total profit if National produces the new compound variant is that total profit increases by $33,200

Explanation:

a) Data:

Selling price of old chemical = $55

Selling price of fined chemical = $78

Initial demand for the new compound = 8,300 gallons

Refining costs for the new compound = $157,700

b) Calculations:

Profit from new fined chemical = $23 ($78 - 55)

Differential Sales revenue = $190,900 ($23 x 8,300)

Differential processing costs $157,700

Effect on total profit = $33,200

c) Refining a chemical always add some value to the chemical. The additional value added is the differential sales revenue that National generates minus the additional processing costs involved to get the chemical refined.

8 0

2 years ago

Which statement best describes the performance of mutual funds over the last 4 or 5 decades? A. While some mutual fund managers

madam [21]

The correct option is (d).

Choosing the best mutual funds by comparing performance of mutual funds against a benchmark index.
Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit.
Each variety has unique characteristics, dangers, and benefits.
The rate of return is subtracted from the risk-free rate of return for the investment, and the result is divided by the return on investment's standard deviation.

The Sharpe ratio tells investors if an investment's results are the result of prudent investing decisions or an outcome with excessive risk.

Learn more about mutual funds performance brainly.com/question/9000802

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7 0

2 years ago

Target Shoppers Inc. reported cash sales of $16,200 for the month of June 2020. Sales taxes payable are recorded at the point of

Usimov [2.4K]

Answer:

17000

Explanation:

17000

4 0

2 years ago

Calculate the additional cash needed for the six months. When there is a cash shortfall (the shortfall/surplus cash calculation

lord [1]

Answer:

the numbers are missing, so I looked for a similar question:

Vince's Blinds will have cash receipts of $97,000 and cash disbursements of $108,000. If its beginning cash is $5,000 and its desired reserve is $2,000, what will be its shortfall in cash for the month?

You have to repeat the same procedure for the following months. The ending balance of month 1 becomes the beginning balance of month 2, and so on. For month 2 we can flip the cash receipts and disbursements:

Month 1 Month 2 Month 3

Beginning cash balance $5,000 $2,000 $5,000

Cash receipts $97,000 $108,000 ....

Cash disbursements ($108,000) ($97,000)

Net balance ($6,000) $13,000

Cash from loan $8,000 ($8,000)

Ending cash balance $2,000 $5,000

Depending on the numbers that you have, you should be able to complete the 6 months and then just add the cash from loans.

5 0

3 years ago

__________ contracts are called __________ because no formalities are required in making them

contracts are called because no formalities are required in making them