Answer:
<u>Real Property </u>
Explanation:
Capital markets refer to the market which trades in long term securities whose maturity is more than an year. The instruments traded in capital markets are usually stocks and bonds.
In private equity real estate, public and private investments are pooled together and invested in the real estate property markets. So here the underlying asset whose price fluctuates is property. If property prices soar, the investors stand to gain.
This kind of investment involves high risk but is also capable of generating a higher return as greater the risk involved, greater the return.
So that the government earn more revenue .Few governments for exampe India people are still ready to pay high to consume alcohol and tobacco,So therefore Indian government charges high tax(not too high) so that the consumers doesn't decrease their consumption and increase the government revenues
to reduce the consumption .if taxes are high people might refuse to buy tobacco and alcohol thus reduces the consumption
Answer:
1.
c. $21
2.
b. $20
Explanation:
1.
In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.
In the given Scenario the realizable value of product Z is the recoverable value of the product.
Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.
2.
Calculate the net recoverable value for the product Z
Net recoverable value = Selling price of product Z - Cost to sell product Z
Net recoverable value = $25 - $3 = $22
Now by comparing the cost and net realizable value the lower value is cost of $20.
Hence $20 will be used in order to value the inventory.
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
<h3>Validity of the statements</h3>
- Under the UCC, a contract will generally fail because one or more terms are left open, (TRUE)
- A contract without a quantity term is valid. (TRUE)
- A contract for services is specifically covered by the UCC. TRUE
- Whether there has been an offer is determined by a subjecive standard. TRUE
- A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUE
- Offers made in jest are always invalid. FALSE
- B agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUE
- A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUE
- When an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUE
- The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSE
- An offer continues until there is an express revocation of the offer. TRUE
- A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUE
- A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUE
- Under the UCC, a non-merchant may make her offer irrevocable without consideration. TRUE
- In general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUE
- A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUE
- At common law, an offeree may request additional terms in accepting the offer. TRUE
- Merchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUE
- Revocation of an offer sent by mail is elfective upon receipt. TRUE
- lla ained for forbearance of a legal right will constitut esileration TRUE
- B agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUE
<h3>Law of contract</h3>
Law of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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