1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Assoli18 [71]
3 years ago
9

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

Business
1 answer:
fomenos3 years ago
7 0
<span>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.</span>
You might be interested in
The money paid to corporate investors in return for their investment is called _______.
Andrej [43]
It's called dividend. It's their share of the profit
8 0
3 years ago
Match the terms with the appropriate definition.
Bond [772]
1.) data
2.)aptitude
3.)skill
4.)personality trait
5.)intrapersonal
6.) learning style
8 0
3 years ago
Dairy Wishes, a local ice cream store, finds
iragen [17]

Answer:

d. perfectly elastic.

Explanation:

Demand is perfectly elastic if it at the current price, the product is sold out but if there is a change in price demand falls to zero. the demand curve is horizontal

Demand in perfectly inelastic if there is no change in quantity demanded regardless of the change in price.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

8 0
3 years ago
Suppose you own a restaurant were does the revenue come from
son4ous [18]
Revenue per hour of labor
8 0
3 years ago
Which of the following is an example of money as a unit of account?
Savatey [412]
The answer is lending your bestfriend 25 dollars to buy a guitar.
Unit of costs is the amount incurred by a particular company to be able to produce, store and sell the number of the same products. In the given example. 25 dollars is the cost of the guitar or the unit of costs.
8 0
3 years ago
Other questions:
  • It is understandable that productivity is rising faster in the service sector because service businesses have newer technologies
    15·2 answers
  • Which task should happen during the planning of a project
    14·2 answers
  • Demand is variable and the company wants to build a safety stock into R. The average daily demand is 15, the lead time is 3 days
    11·1 answer
  • Exercise 6-16 Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inv
    15·1 answer
  • Romeo Corporation reports the following for the year: Finished goods inventory, January 1 $ 2,500 Finished goods inventory, Dece
    15·1 answer
  • Phoenix Pump and Filter projects that the cost of steel bodies for Model R910 valves will increase by $2.50 every 3 months. If t
    8·1 answer
  • Suppose the governments of two different economies, economy A and economy B, implement a permanent tax cut of the same size. Inv
    7·1 answer
  • Frolic Corporation has budgeted sales and production over the next quarter as follows: August September Sales in units Productio
    13·1 answer
  • In which of these areas in the manufacturing and distribution process can a company create sustainability measures? (Select all
    14·1 answer
  • Cincy Machinery stock currently sells for $77 per share. The market requires a return of 14 percent while the company maintains
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!