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Hunter-Best [27]
3 years ago
10

Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement

with a cork exporter from Portugal to purchase all of the cork it needs to produce its products, this would be:
Business
2 answers:
Tema [17]3 years ago
7 0

Answer:

The correct answer is a requirements contract.

Explanation:

Contract requirements are those essential for a contract to simply be born into legal life, regardless of whether or not it does so with validity or effectiveness. Therefore, they refer to a mere question of fact that could respond to the question: is there a contract? Such requirements are: the expression of will, the existence of an object and a cause. Once these three requirements are met, the previous question can be answered affirmatively. Otherwise there is no contract, the event has not occurred. As the Civil Code does not contain norms related to this question of existence, the courts generally sanction the omission of any of the indicated requirements declaring the contract null.

Vika [28.1K]3 years ago
7 0

Answer:

requirements contract

Explanation:

A requirements contract is signed between a company and its vendor:

  • The vendor agrees to supply all the necessary products or services required by the company.
  • The company agrees to purchase all the goods and services it requires from only that specific vendor.

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The major difference between a low-cost provider strategy and a focused low-cost strategy is the a. amount of outsourcing involv
docker41 [41]

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

<h3>What is a strategy?</h3>

These are devices company employ to achieve their medium and long term objectives.

Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

Learn more about strategies here: brainly.com/question/24462624

#SPJ12

6 0
2 years ago
On January 1, 2020, a county government sends out property tax bills in the amount of $100,000,000. Of this amount, $15,000,000
Lesechka [4]

Answer:

B. $12,000,000

Explanation:

Hi there!

At the beginning of 2020 we estimate the credits that will be uncollectible and constitute the allowance for uncollectible.

<u>The journal entry:</u>

                                                                      Debit             Credit                          

Bad debts expense                               $15,000,000

Allowance for uncollectible account                             $15,000,000

During the year $88,000,000 was collected and part of the forecast must be reversed since it was overestimated (remember that it was estimated to collect $85,000,000 from the $ 100,000,000)

<u>The jorunal entry:</u>

                                                                    Debit             Credit

Allowance for uncollectible account    $3,000,000

Bad debts expense                                                      $3,000,000

Allowance for uncollectible account  ledger, December 31 2020

<h3><u>Allowance for uncollectible acc</u><u>ou</u><u>nt </u></h3>

          Debit                  Credit

                                $15,000,000

      <u> $3,000,000                               </u>

                                   $12,000,000

4 0
3 years ago
A European chocolate manufacturer received several complaints from customers about the quality of its products when it began sel
Otrada [13]

climatic requirements

3 0
3 years ago
HRH Collection Agency keeps a collection fee of 25% of any amounts collected. How much did the agency collect on a bad debt if t
Kazeer [188]

Answer:

The agency collected $ 622.5.

Explanation:

Since HRH Collection Agency keeps a collection fee of 25% of any amounts collected, to determine how much did the agency collect on a bad debt if the agency forwarded $ 2490 to a client, the following calculation must be performed:

2490 x 0.25 = X

622.5 = X

Therefore, the agency collected $ 622.5.

5 0
3 years ago
an object travels 16 metre in 4 seconds and then another 16 metre in 2second what is the average speed of the object
Zigmanuir [339]

Answer:

6m/s

Explanation:

Given the information :

an object travels 16 metre in 4 seconds and then another 16 metre in 2second.

what is the average speed of the object?

First portion of travel:

Distance = 16 meters

Time = 4 seconds

Second portion:

Distance = 16 meters

Time = 2 seconds

Speed is calculated as the proportion of distance traveled to the time taken.

Speed = distance / time

First portion :

Speed attained

Distance / time = speed

16 meters / 4 seconds = 4m/s

Second portion:

Speed attained

Distance / time = speed

16 meters / 2 seconds = 8m/s

Average speed :

(first portion + second portion) / 2

(4m/s + 8m/s) / 2

12m/s ÷ 2

= 6m/s

5 0
3 years ago
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