An agreement to settle a debt for less than the sum claimed is referred to as?

1 answer:

fomenos3 years ago

7 0

An agreement to settle a debt for less than is owed is called an Accord and Satisfaction. this is because the accord is the original debt, and the term for the re-structured settlement. The satisfaction is the actual payment of that debt. Therefore, accord and satisfaction could be re-written as new agreement and payment.

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Which of the following statements about federal student loans is TRUE?

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A.the interest rate on your loan will be fixed over time

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This is a promotion for a brand of ketchup. Investigate the positioning strategy that best explains the cognitive values. Select

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Answer:

a. The positioning of the bite mark enhances the message 'No sin'.

Explanation:

Based on the popular story of Adam and Eve in the garden of Eden, where the two was said to have sinned against God, by eating or biting from the forbbiden fruit.

Thus, in this case, with the promotion for a brand of ketchup showing a part of the fruit that was bitten, is trying to link the popular Adam and Eve story to the picture, such that people or audience can easily remember the promotion and that biting or eating from the ketchup is not a sin.

Hence, positioning strategy that best explains the cognitive values is that, the positioning of the bite mark enhances the message 'No sin'.

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Due to the existence of a large number of similar, but not identical, substitutes in most communities, the market for chiropractors is best considered monopolistically competitive.

A monopolistic competition is when different producers sell products that are differentiated by branding/quality. Since they differentiate in such ways, they are not perfect substitutes for one another.

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4 years ago

When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income wil

Nastasia [14]

Answer:

b. False

Explanation:

The difference between absorption costing net operating income and variable costing net operating income lies in the fixed costs deferred in closing inventory.

If Production is greater than Sales - Increase in Finished Goods Inventory, Absorption costing net operating income will typically be greater than Variable costing net operating income.

However, If Production is less than Sales - Decrease in Finished Goods Inventory, Absorption costing net operating income will typically be less than Variable costing net operating income.

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If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.

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Answer: Option B

Explanation: In simple words, corporate governance refers to the set of rules and guidelines which are used for operating and managing an organisation. These rules are implemented so that all the actions of the organisation will be ethical and lawful so that no potential threats like lawsuit etc will occur in the future.

Thus, if the corporate control is as efficient as a governance device than any breach of rule will be easily detected ans strict actions would be taken against it. And chances of doing a breach is high for an organisation in which the top executives are unethical.

Hence the correct option is B .

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