Answer: Social Welfare
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Answer:
Option C Credit to Unearned Management Fees for $62,000
Explanation:
The reason is that the unearned managment fees are liabilities and so are credit in nature just like other liabilities. It is also the requirement of accrual accounting system that says the revenue and expenses must only be recorded when they are realized. Which means the revenue share for example which is $1000 must be recorded as revenue when we will deliver our customers services of one month. It doesn't matter if the revenue amount is not received in cash. So delivering your share is compulsory here to recognize sales or services.
Does it matter that the helicopter company <em>performed its obligation</em> under the contract?
- Yes, it does matter because they had a legally binding agreement.
<h3>What is a Contractual Agreement?</h3>
This refers to the legally binding document which two parties attest their signature to about an agreement for a particular thing with the terms clearly stated.
With this in mind, we can see that Claire who was involved in a car accident needs to go to a hospital in another state for better treatment for her injuries and she signs a contractual agreement that she would pay for the helicopter expenses.
In light of this, the argument which Claire can make to rescind the agreement is that her life was in danger and she needed the services of the helicopter company which had her Universal Right to Life.
Read more about contractual agreements here:
brainly.com/question/984979
<span>A buyer who needs a significant amount of trust with the seller is looking for an affiliative selling relationships.
When trust is an issue, a buyer and seller may join an affiliative selling relationship. By joining in on an affiliative selling relationship both parities are able to be judged if the wrong decision is made. Customers trust both parties and the parties typically are able to build trusting relationships because they wouldn't want to jeopardize their own. </span>
<span>Regarding distribution channels, the channel process includes all activities, beginning with the manufacturer and ending with the final consumer. When products are developed the main goal is to get them into the hands of the consumer, the person making the purchase. Each channel is responsible for an individual task with the end goal being the same. </span>
