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snow_lady [41]
3 years ago
13

Sheila and Vickie are sisters who enter into a contract to buy a vacation property. The sisters get into a dispute, and Vickie n

o longer wants any part of the deal. However, Sheila talks her younger brother Joe into replacing Vickie on the contract. Vickie agrees to the substitution. This is an example of _____________.
Business
1 answer:
Pie3 years ago
3 0

Answer:

The correct answer is Novation.

Explanation:

Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.

Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.

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How might the government regulations affect a small family restaurant
raketka [301]

Explanation:

regulations are significance]factor that could prevent from our restaurant from growing it also involved rule makingfind child labor

7 0
3 years ago
Concord Corporation sells radios for $50 per unit. The fixed costs are $665000 and the variable costs are 60% of the selling pri
kenny6666 [7]

Answer:

(B) 34400 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed costs) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $50 -  ($50 × 50%)

= $50 - $25

= $25

And, the fixed cost = $665,000 + $195,000 = $860,000

So, the break even point would be

= ($860,000) ÷ ($25)

= 34,400 units

7 0
4 years ago
A bank installed an ATM. After several months of operation, a sample of 100 customers showed the following use of the ATM in a m
Fed [463]

Answer:

a. 25 is the correct answer b. yes

6 0
3 years ago
The Fisher effect states that Group of answer choices any forward premium or discount is equal to the actual change in the excha
attashe74 [19]

Answer:

the nominal interest rate differential reflects the expected change in the exchange rate.

Explanation:

The Fisher Effect was developed by Irving Fisher and is shows the relationship between real interest rates, nominal interest rates and inflation.

Fisher's theory states that real interest rate = nominal interest rate - inflation rate.

The International Fisher Effect describes the relationship between two different currencies and how they are proportionally affected by changes in their exchange rate.

7 0
3 years ago
Total Pool Services earned $130,000 of service revenue during 2018. Of the $130,000 earned, the business received $105,000 in ca
docker41 [41]

Answer:

Cash Basis and Accrual Basis

Explanation:

We be using the Cash Basis and Accrual Basis method to explain this

If we are going to use cash basis accounting system  

the service revenue will = $105,000  while

Pool Expenses will = $80,000

If we are going to use accrual basis accounting system  

the service revenue = $130,000  while

Pool Expenses = $85,000

8 0
3 years ago
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