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nordsb [41]
3 years ago
5

Gunnar, age 12, is paid $8 a week by his parents, bjorn and anna, to clean his room, fold and put away his laundry, take out the

trash, empty the dishwasher, and tend the sheep after school. on saturday, he offered to clean his room for additional time playing xbox. his room was very messy. which is true?
Business
2 answers:
daser333 [38]3 years ago
7 0

I guess the correct answer here is,

Cleaning his room would not be adequate consideration for the additional Xbox time.

Taya2010 [7]3 years ago
7 0

Answer:

Cleaning his room would not be adequate consideration for the additional Xbox time.

Explanation:

According to a different source, these are the options that come with this question:

  • Cleaning his room would be adequate consideration in exchange for playing Xbox.
  • Cleaning his room would not be adequate consideration for the additional Xbox time.
  • The contract is void as Gunnar is a minor.
  • None of the above.

In this example, we learn that the $8 that Gunnar is paid a week include the task of cleaning his room. Therefore, if Gunnar wants to do something in addition to this in order to earn more time with his Xbox, he needs to do something that is extra. In other words, a task that he was already meant to do cannot be adequate consideration for an extra reward.

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On January 1, 2020, Cougar Sales, Inc. issued $15,000 in bonds for $14,700. They were 6-year bonds with a stated rate of 9%, and
PSYCHO15rus [73]

Answer:

$700

Explanation:

If a bond is issued at a lower price than the face value of the bond, then the bond is issued on the discount. This discount is amortized over the bond's life. This amortization will be expensed as Interest Expense.

Discount = Face value - Issuance price = $15,000 - $14,700 = $300

Bond's Life = 6 years

Amortization of discount = $300 / 6 = $50 annually = $25 semiannually

Coupon Payment = Face Value x coupon Rate = $15,000 x 9% = $1.350 annually = $675 semiannually

Interest Expense Includes both the coupon payment and discount amortization for the period.

Interest Expense = $675 + $25 = $700

4 0
2 years ago
Santiago Incorporated has a constructing company in which he does major constructing jobs and also leases his heavy-duty equipme
Dafna11 [192]

Answer:

"Direct Method" is the right answer.

Explanation:

  • The direct approach provides a clearer overview of how a company receives currency. And therefore it is regarded as equivalent to the alternative manner.
  • Compared to the price of something like the money market account throughout the particular circumstance, the above direct method of registering cash balance somewhat from operations would be advised.
4 0
2 years ago
Oceania buys $100 of wine from escudia and escudia buys $80 of wool from oceania. suppose this is the only trade that these coun
Andre45 [30]
D. none of the above is correct
6 0
2 years ago
Economic modelsa. are not useful because they omit many real-world details.b. are usually composed of diagrams and equations.c.
tino4ka555 [31]

Answer:

b. are usually composed of diagrams and equations.

Explanation:

Economic models involve huge number of factors for their study and analysis.

It encompasses the analysis of various situations in an economy. It amounts for significant influence on the changes in market and environment, in which an economy runs.

Since it is complex in nature it involves huge diagrams, metrics, equations.

As with just theory it is not easy to form the understanding of economics. Thus, it involves many pictorial representations in the form of diagrams, graphs, etc:

Therefore, correct statement is

Statement b

6 0
3 years ago
Rosario, a department manager, has been dealing with two workers in her department who do not get along. Due to family problems
Degger [83]

Answer:

The correct answer would be option C, Disturbance Handler.

Explanation:

A Disturbance Handler is usually the manager who takes charge when an unexpected dispute or roadblock arises within the team of the organization. So in the given question, when two workers in his department could not go along and had a harsh argument with each other due to some family problem between them, Rosario meets both of them to resolve the issue between them. He, being a manager, played the managerial role of Disturbance Handler to make them come to a conclusion and stop their arguments. He is basically handling the disturbance, caused by both employees on the workplace.

5 0
3 years ago
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