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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This in the given instance the sale can be withdrawn anytime before there is a proper acceptance from the seller or the fall of hammer, as these two are preconditions for the sale under auction.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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Maru [420]

Answer:

C) your willingness and tolerance to bear risk

Explanation:

Long term investment is the act of wealth creation for a future use of money.

investing into long terms involves some patience and risks because, investment like this cannot be for seen, it fluctuate sometimes leading to appreciation or depreciation in the value of money.

this helps in bringing maximum returns for your money over a period of more than 10 years. to better maximize these returns involves a lots of patience, tolerance and risks

6 0
3 years ago
I would like you to analyze our current pricing scheme on our Chevy Tahoe in the Southwest region and give me a recommendation o
Montano1993 [528]
I mean if you asking me I would recommend anything up there if it doesn’t matter (:
7 0
3 years ago
1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the
lozanna [386]
The concert tickets are represented as an opportunity cost. 
5 0
4 years ago
Read 2 more answers
Checkable and debitable accounts in commercial banks and other financial institutions are classified as money because A. they so
White raven [17]

Answer:

The answer is D.

Explanation:

Option D. They are generally acceptable in the payment of debt is correct. Checkable and Debitable are very liquid as they can be easily convertible to money. That is, it is indirectly like money.

Option B is wrong as it is not related to the question atal.

Option C is wrong because all customers' deposit are the liabilities of the banks.

4 0
3 years ago
_____ is best described as a firm's ownership of its production of needed inputs or of the channels by which it distributes its
arlik [135]

Answer:

Vertical integration

Explanation:

Vertical integration is a technique in which a corporation owns or manages the ownership or supply chain of its suppliers , distributors, or retail locations.

It is required when the firms want to expand their business by purchasing another company that operates over and above supply chain management

Therefore according to the given situation the correct answer is Vertical integration.

5 0
3 years ago
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