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Tpy6a [65]
3 years ago
7

True or False. You have placed an antique sofa up for auction and the auctioneer has not made any special announcements about th

e sale. You can withdraw the sofa at any time before the auctioneer closes the sale by announcement or by the fall of the hammer.
Business
1 answer:
nydimaria [60]3 years ago
6 0

Answer:

True

Explanation:

An auction is a call for offer, basically a person with highest offer value gets the object under auction, only when the hammer is passed. Generally there is a least price set with which the auction begins.

This in the given instance the sale can be withdrawn anytime before there is a proper acceptance from the seller or the fall of hammer, as these two are preconditions for the sale under auction.

After this the seller cannot withdraw and needs to sale the object.

Thus, the statement is true.

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The lower the market price,
zalisa [80]
D the lower the taxes(I searched it up)
8 0
1 year ago
Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is that you will draw two cards
Solnce55 [7]

Answer:

Total bet amount= -$2

Explanation:

In a card deck of 52 cards we have 13 diamond cards. Cards are drawn without replacement.

Probability of the first card being diamond = 13/52

Probability of the send card being diamond= 12/51

So the probability for both cards being diamond = (13/52)*(12/51)= 0.0588235

Bet amount for 2 diamonds= probability* amount received

Bet amount for 2 diamonds= 0.0588235* $30= $1.765

Probability of no diamond= 1- 0.0588235

Probability of no diamond= 0.94118

Bet amount for no diamonds= 0.94118* (-$4)

Bet amount for no diamonds= -$3.765

Total bet amount= Bet amount for diamonds + bet amount for no diamonds

Total bet amount= $1.765+ (-$3.765)

Total bet amount= -$2

6 0
3 years ago
Ricardo buys a coffee maker as a gift for his sister. The product turns out to be defective. Ricardo knows that he can complain
Natali5045456 [20]

Answer:

the entire supply chain (hope this helps) pls i need one more brainly to rank up

4 0
3 years ago
Crane Company has a balance in its Accounts Payable control account of $9,250 on January 1, 2014. The subsidiary ledger contains
kondor19780726 [428]

Answer:

$4,375

Explanation:

Given that,

Crane Company balance = $9,250

Balance of Hale company = $3,000

Balance of Janish company = $1,875

January 1 balance in the Valdez Company subsidiary account:

= Crane Company Accounts Payable control account + Hale Company balance + Janish Company balance

= $9,250 + $3,000 + $1,875

= $4,375

5 0
3 years ago
Peterson Photoshop sold $1,300 in gift cards on a special promotion on October 15, 2021, and sold $1,950 in gift cards on anothe
Anastaziya [24]

Answer:

$1,300

Explanation:

Given that,

On November 15, 2021

sold gift cards = $1,950

Of the gift cards sold in November,

Redeemed in November = $195

Redeemed in December = $455

Therefore, the deferred revenue is as follows

= November sales - Redemptions

=  November sales - (Redeemed in November + Redeemed in December)

= $1,950 - ($195 + $455)

= $1,950 - $650

= $1,300

4 0
3 years ago
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