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3 years ago

What Trade-off Do You Make When You Use Credit ?

Business

1 answer:

sp2606 [1]3 years ago

7 0

With a credit card you don't always need to use cash, but you have to pay fees to the bank for usage.

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Certain types of contracts must be in writing pursuant to the statute of _____.

marta [7]

Certain types of contracts must be in writing pursuant to the statute of "frauds".

A state statute that necessitates certain kinds of agreements to be written, expected to guarantee that terms of imperative contracts are not overlooked, misconstrued, or fabricated, reason for this is to smother misrepresentation, fraudulent cases, some of the time envisioned in light of ensuing occasions or basically invoked.

5 0

3 years ago

A company with a labor agreement under which union membership cannot be required as a condition of employment is considered a

frez [133]

A company with a labor agreement under which union membership cannot be required as a condition of employment is considered an open shop.
This means that the employees do not have to join a trade union in order to work there at this particular company. So regardless of the fact whether these workers are members of the union or not, they will be employed and paid equally.

7 0

3 years ago

Nathanial’s company developed a new machine that could sort through a stock of produced goods to identify defective ones. His co

Marta_Voda [28]

Nathanial’s company can apply for a Utility Patents patent for the new machine.

Explanation:

Any intellectual property can be protected by the use of a patent. Filing for legal protection is the major requirement for acquiring a patent. Patent are useful for the protection of any new process, machine or anything that is created physically. Utility patent, plant patent, provisional patent and design patent are the different types of patents that exists in US.

When a new product,machine or process is created or remodeled then Utility Patent helps to protect them. "patent for Invention" is the other name given for Utility patent. It protects your inventions from being sold or used by other industries or enterprises without your authorization.

5 0

2 years ago

A car's price is currently $20,000 and is expected to rise by 4% a year. if the interest rate is 6%, how much do you need to put

kati45 [8]

Answer:

$19,591.63

Explanation:

1. Calculate the price of the car in a year from now.

This is add the 4% on the current price:

$20,000 × 1.04 = $20,800

2. Calculate the amount of money that must be put aside to have $20,800 in a year:

Use the formula of monthly compound interest, with 6% annual interest

r = 6% / 12 = 0.06/12 = 0.05

P(1 + 0.005)¹² = $20,800

P = $20,800 / (1 + 0.005)¹² = $19,591.63

5 0

3 years ago

A t-shirt maker would be willing to supply 75 t-shirts per day at a price of $18.00 each. At a price of $20.00, the t-shirt make

pav-90 [236]

Answer:

c. 2.71, and supply is elastic.

Explanation:

The formula to compute the price elasticity of supply is shown below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Change in quantity supplied is

= Q2 - Q1

= 100 t-shirts - 75 t-shirts

= 25 t-shirts

And, an average of quantity supplied is

= (100 + 75) ÷ 2

= 87.5

Change in price is

= P2 - P1

= $20 - $18

= $2

And, the average of price is

= ($20 + $18) ÷ 2

= 19

So, after solving this, the price elasticity of supply is 2.71

3 0

3 years ago