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PolarNik [594]
3 years ago
7

Millet Grains Cooperative and Corn Cereals, Inc., discuss the terms of a contract for periodicdeliveries of corn. Millet Grains

then faxes Corn Cereals a memo on Millet Grains's letterhead thatsummarizes the points on which they agreed, including a two-year term. Millet Grains begins toperform, and Corn Cereals accepts the deliveries but refuses to pay.Refer to Fact Pattern 15-1.Between Millet Grains and Corn Cereals, there is
(A) an oral contract only.
(B) a pre-contract only.
(C) a written contract.
(D) no contract.
Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

C) a written contract.

Explanation:

There is a valid written contract between Millet Grains and Corn Cereal because two important things happened:

  1. Millet Grains sent a fax to Corn Cereals with a summary of the bargaining process held by both organizations.
  2. Once Millet Grains started to perform, Corn Cereals accepted the delivery of the goods.

UCC rules are relatively flexible between merchants and traders, and both companies classify as such. The fact that Corn Cereals received the fax from Millet and then received the goods is proof that a written and valid contract existed between them. It doesn't have to be signed by Corn Cereals to be enforceable, since they accepted it by receiving the goods.  

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Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

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What is the expansionary fiscal policy of the government?
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Answer:

D. when the government decreases the interest rate

Explanation:

Fiscal policy can be defined as the use of taxes, government spending and transfers to stabilize an economy. Expansionary fiscal policy of the government  is when the government of a country decreases its taxes and increases its expenditure.  the word "fiscal" refers to tax revenue and government spending.

when the government reduces its interest rates, consumers pay less interest, they have more money to spend and there will be drastic effect to that because there will be more spending in the  economy. businesses also benefits from this decreased interest as they will be motivated to buy equipment and obtain loan to boost their businesses and pay less interest.

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3 years ago
On March​ 15, Maxwell Plush sold and shipped merchandise on account for​ $6,000 to Kittson Amusement​ Park, terms FOB shipping​
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(a)- Its assets will​ increase, as will its equity

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The sale is thus completed. The revenue can be recognize thus, increasing the company's equity and assets.

Account receivable(+Assets)     debit

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Small business owners usually invest little money into new marketing strategies because
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The answer is:  many small business owners invest money into other areas of the business.

Small business usually still struggle in paying all the necessary expense for daily operation. So they cannot afford the marketing strategy that require a lot of capital (such as  magazine, billboards, television, etc.).  Business start to put more into marketing strategies when it inteded to be a player in a large market.

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The underlying assumption of the argument above is that the individuals who study music tend to be more intelligent.

This can be infered in the statement that "Generally, individuals that study music achieve more exceptional scores in subjects such as math and language arts". In this case, a connection was emphasized between academics and music.

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