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Sonja [21]
3 years ago
15

Sports Bar and Tasty Bakery are adjacent businesses with adjoining parking lots. Sports Bar offers Tasty a discount on purchases

if the bakery will not tow the cars of Sports Bar's patrons who park in the bakery's lot. The discount is legally sufficient consideration
a. because it is a promise of something of value.


b. only if Tasty uses it.


c. only if Sports Bar adds a cash rebate.


d. under no circumstances.
Business
1 answer:
Semenov [28]3 years ago
5 0

Answer:

The correct answer is the option A: because it is a promise of something of value.

Explanation:

To begin with, in order to understand that the discount is legally sufficient consideration it is necessary to understand that it is due to the fact that what the company is offering is something of value for them, therefore that they decide to offer it to the other business in order to make an agreement according to the situation that they are both in. Moreover, that promise is consider to be legitim in court if it was stated in a written way in where both parties agree to the terms of use.

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Firms use various methods for identifying customers such as​ ________ and​ ________.
Rashid [163]

Answer:

The correct answer to the following question is option A) .

Explanation:

One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.

3 0
3 years ago
The Refining Department of Crystal Cane​ Sugar, Inc. had 73 comma 000 tons of sugar to account for in December. Of the 73 comma
soldier1979 [14.2K]

Answer:

67,600 tons

Explanation:

Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units  = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Conversion

Equivalent Units  = 55,000 + 18,000 x 70% = 67,600 units

6 0
3 years ago
Which of the following indicates the financial position of a practice at a point in time and shows its assets and liabilities? A
adell [148]

Answer:

The correct answer would be C, Balance Sheet.

Explanation:

A balance sheet is a document, which contains information about the Assets, Liabilities and owner's Equity of a firm, company or an organization. There is a predetermined format to write a Balance Sheet. There are two sides in this statement. One side contains Assets and Liabilities of the Company, whereas the other side contains the Owner's Equity in a particular point of time. This statement summarizes the financial balances of an individual organization. There are other financial statements of the company as well like Income Statement, cash flow statement, etc, but Balance Sheet is considered most appropriate to have a look at the assets, liabilities and equity of the company at a specific point of time.  

8 0
3 years ago
You currently own 6 percent of the 2 million outstanding shares of Webster Mills. The company has just announced a rights offeri
natta225 [31]

Answer:

The new ownership position is A. 5.08

Explanation:

Current holding= 6%

current no. of shares= 2*6%=.12

new no. of shares issued =18/50=.36

total no. of shares become =2+.36=2.36 million

my holding in no. =.12 million

my holdinng in %=.12/2.36=.0508

or, 5.08%

8 0
3 years ago
Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds
Morgarella [4.7K]

Mr. Divers will be affected bey th unatnticpated inflation causng his retirement account to be worth less in the future than before inflation. Due to inflation, the prices of goods and services rise causing his money to be spent in a shorter time period on less items then it would have if it were spent without any type of inflation issues.

7 0
3 years ago
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