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AlexFokin [52]
3 years ago
9

Diverse Diversions, Inc., makes video, games. Ember buys a copy of Final Infinity. Inside the package is a shrink-wrap agreement

. With respect to the contract for the game's purchase, the shrink-wrap agreement may not be enforced if _________.
a. Ember does not read it
b. Ember learns of it after contracting
c. Ember learns of it before contracting
d. the play of the game is poor
Business
1 answer:
Vilka [71]3 years ago
5 0

Answer:

B) Ember learns of it after contracting

Explanation:

A shrink wrap agreement is a type of legal agreement that a customer generally engages in when he/she purchases a product. They generally define the terms and conditions of usage of the new product.

In order for any legal agreement to be enforceable, you must first agree with it before a transaction is carried out. In this case, Ember discovered the agreement after purchasing the game, no one told her anything about it before she purchased it. Since the agreement was not something that Ember agreed to it is unenforceable.

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Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b
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Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

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Marginal cost = Change in total cost

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3 years ago
Using accrual accounting, expenses are recorded and reported only: _A. when they are incurred and paid at the same time. B. if t
sleet_krkn [62]

Answer:

C. when they are incurred, whether or not cash is paid.

Explanation:

In accrual accounting, expenses are recorded in the moment they are incurred, even if they have not been paid for.

In fact, the term "accrued expense" means an expense that has been incurred, but not yet paid.

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Suppose that a firm hires a worker on March 1, for a wage of $1,000 dollars per month, that is due to be paid at the end of the month (March 31). This worker is earning $33 per day. By March 4, the firm should have recorded accrued wages for $132 ($33 x 4 days) even if no payments will be made until March 31.

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On September 1, Sky Mountain Co. borrowed $54,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjust
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Answer:

Sky Mountain's adjusting entry four months later at December 31 would include:

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Credit  Interest Payable $1,080

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Debit Interest expense $1,080

Credit  Interest Payable $1,080

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