The answer is c, the type of renter Insurance must buy
Answer:
Explanation:
Despite the fact that it seems jerry can easily take a bow of the discussion with Lucy and forge ahead in selling the car to Roberta, he had certain restrictions that he should respect. Accepting $100 from Lucy, Jerry entered into what we know as an “Option” contract, giving an option to Lucy to buy the car in the next two weeks.
Irrespective of Lucy’s financial status, jerry should respect the contract that he has entered into. As a back-up, he can hold discussions with Roberta and can request her to wait for 2 weeks when the option period expires and he can sell the car to her at an outright payment
Answer: Business Prototyping
Explanation:
The business prototyping is one of the concept that helps in understanding all the industrial standard procedural by applying the similar type of method and ideas in the business organization.
In the inventing process it is essential for creating the business prototyping process based on the specific vision.
According to the given question, the business prototyping is used by the entrepreneurs for the purpose of testing the business model before their launch on very small scale.
Therefore, Business prototyping is the correct answer.
Answer:
$20000
Explanation:
Given: Total cost of computer system= $50000.
Residual value= $5000.
Useful life= 5 years.
Now, calculating depreciation expense as per double-declining balance method.
⇒ 
⇒ 
∴ 
Hence, $20000 is the depreciation expense for first year as per double-declining balance method.
