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kiruha [24]
3 years ago
7

A contract in which a buyer takes goods primarily for resale, with a right to return any goods that fail to sell, is a sale on a

pproval.
Business
1 answer:
Jobisdone [24]3 years ago
7 0
<span>This question is actually false. The type of contract described is actually a Sale or Return. When negotiating a Sale or Return, it is useful to define a period in which the goods will be returned if they are not satisfactory. It is also useful to have a requirement that the goods be returned unaltered and undamaged.</span>
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One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per
inessss [21]

Answer:

Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:

PVA =C({1 – [1/(1 +r)t]} /r)

$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}

Now we solve for t:

1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}

1/1.0155t= 0.5505

1.0155t= 1/(0.5505) = 1.817

t = ln 1.817 / ln 1.0155 = 38.83 months

<u>Account will be paid off in 38.83 months.</u>

7 0
3 years ago
Which of the following schools is least likely to receive state tax dollars? A. Liberty Baptist University
bagirrra123 [75]
The least likely to receive tax dollars is Liberty Baptist University because of its religious beliefs.
7 0
3 years ago
When using the continuum leadership model, before selecting one of the seven leadership styles, the leader must consider all of
Rudik [331]

Answer:

no clus

Explanation:

idk

8 0
3 years ago
In marketing, the term __________ is used to describe the number of stores in a geographical area—and type of intermediaries to
HACTEHA [7]

The answer would be geomarketing. The type of intermediaries that can be utilized are as follows:

1. retailers- outlets that trade directly to household customers

2. wholesalers- their main purpose is to sell to retailers

3. distributors- similar to wholesalers but sell one line of product only

4. agents- main purpose is to act as the main representative of the company

4 0
3 years ago
Which economic goal is a major one of command economies?
pickupchik [31]

Answer:

the answer is equity.

Explanation:

the social equity in resource allocation and distribution is the main concern of an command economy. The entire "command" function is there for this purpose. Opposing to the market system, in which the efficiency of the market is of primary concern, the command system argues that while following to achieve the maximum market effeciency, these economies miss out on the fainress and unbiasedness in economic benefit destribution and therefore creates many social problems such as poverty, rich and poor gap, etc as a result.

The command economy tries to overcome this problem of Equity in market economies.

4 0
3 years ago
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