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Oduvanchick [21]
3 years ago
12

Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy some tablets of Gensol from Pharzime. Since D

r. Reilly does not know how many tablets he will need, that contract states that Pharzime will supply the clinic with "as many tablets as they need." Decide.
A. This is a requirements contract.
B. This is an output contract.
C. This contract would be void since it does not have a specific quantity term.
D. Both b. and c.
Business
1 answer:
SashulF [63]3 years ago
8 0

Answer:

D. Both b. and c

Explanation:

The contract between Dr. Reilly and Pharzime can either be output contract or considered to be void, since there are not agreement on quantity of products.

An output contract is an agreement in which a producer agrees to sell his or her entire production to the buyer, who in turn agrees to purchase the entire output. This might be the case with Dr. Reilly and Pharzime, or the contract might be considered void.

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antiseptic1488 [7]
Yes, because firms produce where the marginal benefit to consumers equals the marginal cost of production.
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2 years ago
During a conversation with the credit manager, one of Tabor's sales representatives learns that a $1,234 receivable from a bankr
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Answer:

The answer is "No Effect ".

Explanation:

In the situation wherein the write-off would not affect the 2019 net earnings, the write-off reduces that both debt accounts as well as the benefit counter-asset for similar quantities. Whenever an expenditure was recognized, net revenues were affected, therefore, there will be nothing to write off under the allowance approach, so the response is no effect.

8 0
3 years ago
Indicate whether the following statements are positive or normative. a. Raising interest rates encourages people to save: b. The
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a. Raising interest rates encourages people to save: positive statement

b. The government ought to be more concerned with reducing unemployment: normative statement

c. The government should raise the tax on tobacco to discourage people from smoking: normative statement

d. The government should limit immigration: normative statement

e. Increasing gasoline taxes results in less disposable income: normative statement

f. The government should raise gasoline taxes and fix bridges: normative statement

<h3>What are normative and positive statements?</h3>

Normative statements come from a viewpoint or an opinion. As a result, the terms "should," "ought," or "it is preferable to" are commonly used. Normative statements can never be proven to be true.

Conversely, positive statements can often be put to the test in theory, if not always in practice. Positive statements are not value judgments. They are predictions of what it is, was, or will become.

Thus, option A is a positive statement and rest are normative statements.

Learn more about positive and normative statements here:

brainly.com/question/14408475

#SPJ4

3 0
2 years ago
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. T
Anit [1.1K]

Answer:

Invalid

Explanation:

Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.

With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.

Cheers

8 0
3 years ago
George Steinbrenner transferred his passion for winning to everyone in the New York Yankees organization. His famous quote is, "
pshichka [43]

Answer: Leading function

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Thus, the quoting of George steinbrenner is an example of leadership as he is motivating others in the organisation.

7 0
3 years ago
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