Answer: True
There is sufficient consideration for a valid contract to be developed if need be
Answer:
Basket purchases.
Explanation:
Basket purchases is a term used for buying multiple fixed assets. It is bought as the price for basket purchases is lower than the price for individual asset. The transactions in the basket purchases are accounted for by using the relative sales value method to calculate unit purchase cost. It is calculated by dividing each sales value of product by the total sales value of all the product.
Answer:
a) Informational
Explanation:
The company is using informational appeal in its advertisement to convince the buyers that they need the product and shows how it works. . This type of appeal informs customers of the features, quality and benefits of a product. The demonstration of how the blades work helps the potential customers to make a rational decision as it it portrays that the blades' function of the providing the closest shave is what they need.
Answer: The overall profits of the Goddard company will stay the same.
Explanation:
Division X has decided to lower it's transfer price to $8 meaning that it's profits will decrease.
Division Y is now buying at a lower cost but everything else remains the same which means that they are now making more profit.
This will mean that for the overall company, Division X will be making less profit than last time but Division Y will be making more profit. These will cancel themselves out and the company's profits will therefore remain unchanged.