Answer:
A) The firm can ratify Haskin's actions and take over the contract.
Explanation:
Hanskin's was not explicitely allowed to buy the property in Arizona, but he did it with the intention of increasing the amount of assets that the real estate company holds.
The board of directors should simply take over the contract as long as it is profitable (it most likely is), and analyze whether to change its policies about property purchasing or not, because requiring a board resolution for each one of them can make the process slow and increase opportunity costs.
Answer:
Explanation:
When a payment is made to somebody, you debit the receiver of that payment and credit Cash or Bank as money is paid from cash or by means of cheque. When money or cheques are received, you credit the person who is paying you and you debit the cash or bank.
Answer:
Currency in circulation and in bank vaults , checkable deposits and travelers' check
Explanation:
Money is defined as a generally accepted medium of exchange and a measure of the value of good and services.
One key property of money is liquidity. That to qualify for money , an asset must be in a state that it can easily be converted to cash in a short space of time.
Money must also be durable , divisible ,portable and valuable.
.The only qualified option is Currency in circulation and in bank vaults , checkable deposits and travelers' check
Answer: The total value created from the trade is $58
Explanation: The value created by me is $25 as I sold for $70 a bicycle worth $45 to me. That is $70 - $45 = $25.
On the otherhand, my friend created a value/gain of $33. He bought the bicycle for $70 but the worth to him is $103. That is, $103 - $70 = $33
In essence, the total value created will be the summation of the value created by me and that of my friend
That is, $25 + $33 = $58
The answer is; "this is an example of a media schedule".
A media schedule or plan assigns the medium or media to be utilized, the particular vehicles, and the inclusion dates of the promoting. It is utilized by advertisers to plan their promotions subsequent to picking the media for their advertising campaign.
