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3 years ago

Describe two disadvantages of early forms of money, and explain how they could have been fixed.

2 answers:

8 0

Every country had different types of coins with different values and they were not easily comparable in value with the money from the other countries. This could have been fixed with collaboration between neighboring countries from certain areas to create same types of coins that have the same value so that they can use them easily for the trade that was occurring between the different economies.

Every craftsmen that had the skills and tools and suitable material was able to create copies of the money. This could have been fixed with strict regulations on every craftsmen by the authorities. Also putting a unique mark on the different types of coins by the official producers that was not easy to be copied.

slava [35]3 years ago

8 0

Early forms of money was made up of such things which were easily available and so the currency could be copied.
It was difficult to compare two different places currency values.

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Your company is considering two mutually exclusive projects. Project A has an initial cost of $80,000 and generates expected cas

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Answer:

The company should accept Project B because it generates more value per year as compared to Project A.

Explanation:

Explanation can be seen in the file attached.

Download docx

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3 years ago

Read 2 more answers

In a period of falling interest rates, a bond dealer would engage in which of the following activities?I Raise prices in interde

vredina [299]

Answer:

C. I, II, III

Explanation:

In a period of falling interest rates, a bond dealer would engage in all of the following activities except for IV. Therefore, a dealer would raise his quoted price in Bloomberg. If the dealer has an appreciated bond that he wishes to sell, he can place ''Request for Bids'' for those bonds in Bloomberg. The dealer may buy bond the he has previously sold short to limit losses due to rising price. To protect existing short position against the rising price, the dealer will buy call options, not put options. Put options are used in protecting existing long position from falling price.

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3 years ago

4. Which of the following is true of social capital?

maks197457 [2]

Answer:

Option C.

Explanation:

Social capital is basically the relationships among people who live and work in a particular society, thus allowing that society to function effectively". As such. The value of social capital is determined by the number of the relationships in a social network.

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2 years ago

Alais is a clothing fashion designer known for her French style of elaborate heirloom smocking combined with industrial elements

ElenaW [278]

Answer:

The answer is: Alais will prevail because of material breach of the contract

Explanation:

Material breach in contract law refers to one party failing to perform under the contract significantly enough so that the aggrieved party has the right to sue for breach of contract.

In this case when Rutherford failed to perform, Alais sustained enough "damage" that enables her to sue Rutherford. She probably was no longer able to finish her job in time.

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2 years ago

Ayayai Corporation traded a used truck (cost $20,800, accumulated depreciation $18,720) for a small computer with a fair value o

Ierofanga [76]

Answer:

See below.

Explanation:

Journal entries to record the transaction are as follows,

Debit Computer account with $3,432

Debit Accumulated depreciation account with $18,720

Credit Truck account with $20,800

Credit Cash Account with $520

Credit profit on sale of asset with $832

This the journal entry that balances the books by targeting appropriate accounts.

Note that accumulated depreciation account has a credit balance as it is an asset reducing account.

Hope that helps.

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2 years ago