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xxTIMURxx [149]
3 years ago
11

In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contrac

ts in our economic system?
Business
1 answer:
AlexFokin [52]3 years ago
7 0

Answer:

The correct answer is The Sale of Goods.

Explanation:

The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.

For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.

The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.

You might be interested in
1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
Alla [95]

Answer:

£45

Explanation:

Simply multiply 18000 by 0.0025 and you get your result.

8 0
3 years ago
On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
Colt1911 [192]

Answer:

Earnings Per share = $0.83

Diluted Earnings per share = $0.71

Explanation:

Basic Earnings per share is how much each common stock share earns in profits and Diluted Earnings includes the options and bonds in its calculations for outstanding shares

formulas

Earnings Per share = (net income - Preferred stock dividends)/ outstanding number of shares

                              = $150/180

                              = $0.83

Diluted Earnings per share = (net income - Preferred stock dividends)/ outstanding number of shares

                                             = $150/210

                                             = $0.71

Outstanding number of shares  in millions

opening                                                       200

minus treasury stock                                 - 24

issued stock                                                 4

Basic outstanding shares                       = 180 shares

plus  share Options                                    30

Diluted shares                                           210

                 

8 0
3 years ago
​Martinville, Inc. earned revenues of $10,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $
Illusion [34]

Answer:

credit balance of $2,500.

Explanation:

Martinville, Inc. has earned revenue if $10,000. This will be reflected on credit side when journal entry is made and cash or accounts receivable are debited as per transaction. The company has now incurred expense of $7,500. These expenses are deducted from revenue amount to identify operating income of the company. The balance in the income summary will be reported. Income summary is a temporary account where all revenue and expense are accounted to identify net loss or gain during a certain period.

The calculation will be as follows,

$10,000 - $7,500 = $2,500.

3 0
3 years ago
Group price discrimination has ________ consumer surplus than under ________.
makvit [3.9K]

Answer:

The correct answer is letter "B": less; perfect competition.

Explanation:

Typically, <em>more output is produced in perfect competition markets than in markets ruled by price discrimination</em>. Consumer surplus is greater at the same time. Group price discrimination transfers the company some of the competitive consumer surpluses as an additional profit and causes the loss of deadweight due to reduced production.

5 0
3 years ago
Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into t
Afina-wow [57]

Answer:

The company should borrow or buy the truck as it is less costly than leasing.

Explanation:

Detailed solution is given below

7 0
3 years ago
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