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kodGreya [7K]
2 years ago
7

Steve and Grace know that their nephew loves to travel. Steve and Grace find a great deal on a timeshare and tell Mike they are

negotiating to buy the timeshare to give to Mike as a wedding gift. Steve and Grace continue to negotiate with Bob, the timeshare owner, for the purchase of the timeshare. If there is any dispute with the negotiations or a resulting contract, does Mike have any rights in that case
Business
1 answer:
Alexxandr [17]2 years ago
3 0

Answer:

Explanation:

That depens of the red tape, if there is one, Mike can claim rigths over the good depending on the negotiation, but if there is no a signed deal it is impossible to claim according to the law.

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What is the moral hazard​ problem?a. The problem that managers of a financial firm will take on riskier investments because they
s344n2d4d5 [400]

Moral Hazard occurs when a person increases its exposure to risk because someone else bears the the cost of those risk(Insurance companies)

Explanation:

Moral Hazard usually occurs when their is information asymmetry,the risk taking party has more information than the risk incurring party.

The financial crisis of 2008 is the best example of the Moral Hazard Problem.

The Moral Hazard Problem arises because the managers of the financial firm took over riskier investments because they believed that  the federal government will save them from the bankruptcy.

3 0
3 years ago
A business provides its employees with varying amounts of vacation per year, depending on the length of employment. The estimate
natta225 [31]

Answer:

1. Vacation pay expense Dr. 3500

Vacation pay payable 3500

2. It is recorded at the company's balance sheet as the accrued liabililty at the liabilities portion.

3. The amount will be removed once the vacation pay is paid and is debited to income account.

4 0
2 years ago
how much time does a bike with an acceleration of 2ms2 takes to increase its velocity from 10ms-2 to 30ms-2​
aniked [119]

Answer:

Time, t = 10 seconds.

Explanation:

<u>Given the following data;</u>

Initial velocity, u = 10 m/s

Final velocity, v = 30 m/s

Acceleration, a = 2 m/s²

To find the time, we would use the first equation of motion;

v = u + at

Where;

  • v is the final velocity.
  • u is the initial velocity.
  • a is the acceleration.
  • t is the time measured in seconds.

Making time, t the subject of formula, we have;

t = \frac{v - u}{a}

Substituting into the equation, we have;

t = \frac{30 - 10}{2}

t = \frac{20}{2}

<em>Time, t = 10 seconds.</em>

4 0
2 years ago
You take a sample of rents of 182 apartments in San Francisco and find that the mean rent is $4000 per month and the standard de
dedylja [7]

Answer:

89%

Explanation:

according to Chebyshev's theorem, for any k > 1, at least [1 - (1/k^2)] of the data will lie within k standard deviations of the mean.Therefore, Chebyshev's theorem formula can be given as follows:

Chebyshev's theorem formula =  1 - (1/k^2) ...................... (1)

In order to fing k, we proceed as follows:

1. Subtract the mean of rents from the larger rent value,

That is, $7,000 - $4,000 = $3,000

2. Divide the difference of $3,000 above by the standard deviation to obtain k as follows:

k = $3,000 ÷ $1000 = 3

3. Substitute 3 for k in equation (1) as follows:

Chebyshev's theorem formula =  1 - (1/3^2)

                                                   = 1 - (1/9)

                                                    = 1 - 0.11

                                                    = 0.89

If we multiply 0.89 by 100, we have 89%.

Therefore, 89% of the rents in the sample will fall between $1000 and $7000 per month.

6 0
3 years ago
Read 2 more answers
Allocating a transaction price to multiple performance obligations includes which of the following steps: a.Consolidate the comp
abruzzese [7]

Answer:

C) Identify distinct goods and/or services as separate performance obligations.

Explanation:

This refers to allocating different prices to several related activities that are part of one single large project or transaction. When you do this, you must specify which parts, goods or services you will require and at what specific prices. E.g. you agree to purchase uniforms for a football team, you will pay X amount when the helmets are delivered, another amount for the shoes and finally an amount for the uniform. The school will pay as the different products are delivered.  

7 0
2 years ago
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