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Semmy [17]
3 years ago
14

Patrick and britt are in agreement that patrick will pay britt $2000 for a used vehicle. at what point is there a binding contra

ct
Business
1 answer:
katrin2010 [14]3 years ago
5 0
<span>There is a binding contract as soon and Patrick and Britt orally agree. There does no need to be a written contract as long as there is a meeting of the minds.</span>
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2. What types of things does a hospitality manager do?
AnnyKZ [126]

Answer:

2. What is a hospitality manager?

In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.

3. First, find a good mentor

second Be selective in your hiring

third Focus on leadership, not management

fourth Communicate, communicate, communicate

fifth Listen to your guests

sixth Keep learning

Explanation:

Hope this helps...

6 0
3 years ago
Suppose Czech businessmen began purchasing American properties. How would this impact the foreign exchange market for the koruna
Yanka [14]

Answer:

B. Appreciate / Depreciate / Decrease

Explanation:

If the businessmen want to purchase some American Properties them will need to exchange the Koruna by the Dollar, it means Sell Koruna to buy dollar,which is,  increase the Koruna supply and increase the demand by dollars.

It exchange will appreciate the dollar value because of an increase in the Dollar demand as the supply keeps at the same level.

While the Czech Koruna will see its price decrease because of the increase in the supply of Koruna while the demand of Koruna keeps at the same level,

In the meantime, the American Export see their market negatively affected by the increase in the dollar price, as the dollar increase its value and will be more difficult to the Americens sell their products to the rest of the world, because others countries need more money for each dollar.

4 0
4 years ago
Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv
zhuklara [117]

Answer:

$100,000

Explanation:

Calculation for the maximum Revenue

First step is to find the Required reserve using this formula

Required reserve =Outstanding checkable deposits ×Reserve ratio

let plug in the formula

Required Reserve=$240,000×0.25 =$60,000

Second step is to find the excess reserve using this formula

Excess reserve = Actual reserve - Required reserves

Let plug in the formula

Excess reserve =$85,000- $60,000

Excess reserve =$25,000

Last step is to find the maximum reserve using this formula

Maximum Reserve=Excess reserve× Reserve ratio

Let plug in the formula

Maximum reserve =$25,000*1/.25

Maximum reserve =$25,000*4

Maximum reserve =$100,000

Therefore the maximum reserve will be $100,000

6 0
4 years ago
Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​
ankoles [38]

Answer: D) rising;falling

Explanation:

Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​ rising labor force participation rate of adult women and the​ falling labor force participation rate of adult men.

3 0
3 years ago
Kier Company issued $700,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 4-year term to mat
mezya [45]

Answer: Interest expense = $45500

Cash outflow = $45500

Explanation:

Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:

Interest expense = $700,000 × 6.50%

= $700,000 × 0.065

= $45500

The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,

Interest expense = $45500

Cash outflow = $45500

5 0
3 years ago
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