The prices become higher when a desirable item is auctioned because the demand of the item rises when more people want it and only one person can get it. When this happens the price will rise immensely because the buyer wants it more than the other people so they bid higher to win the auction.
Answer:
C.Implied warranty
Explanation:
An implied warranty is an assumed assurance that the product purchased is fit to function as intended. The implied warranty can be oral, written, or silent.
An implied warranty protects customers from dishonest traders. All products and some services carry an implied warranty, written or not. The warranty guarantees that the product conforms to the buyer's expectations. For example, if you buy a car, you expect the engine to start and the vehicle to move.
Frank has an implied warranty. He's expectations are the blind will work. Products with an implied warranty may also come with other forms of assurances such as express or full warranties.
Answer:
collaboration
Explanation:
Supervisory skills is the ability to monitor work, duties been carried out to ensure they are successfully completed.
Conceptualization is the ability to create new ideas.
Resource planning is determining the resources needed to carry out a project.
I hope my answer helps you
Answer:
Present value of sales price = 465,395.16
Present Value of future cash flow= 465,359.16
Explanation:
The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.
The present value of a lump sum can be worked out as follows:
PV = FV × (1+r)^(-n)
Present Value of sales price= 3.1 × 1.11^(-6) =1.65739
Present Value=165,738.65
Present Value of an annuity of 110,000 for 6 years:
PV = A × 1- ( (1+r)^(-n))/r
PV = 110,000× (1-1.11^(-6))/0.11= 465,359.16
PV = 465,359.16
Answer:
C. To ensure secrecy and security regarding the company's actions
Explanation:
Ensuring secrecy and security regarding the company's actions is not one of the principles of corporate public relations that a company should follow.
