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3 years ago

It is based on perceived characteristics such as style, fashion or peer acceptance.

Business

1 answer:

Yuliya22 [10]3 years ago

3 0

Answer:

Consumer buying behavior

Explanation:

Due to various factors that affect consumer's purchase decision, crucial among them is emotional factors.Thus, many consumer marketing put more efforts in creating a stimulating discretionary buying behavior through catchy and enticing advertisement to create and increase demand.

Hence, considering that often times consumer goods are discretionary products people may want but don’t necessarily need, such as entertainment services and vacation travel, it can be concluded that CONSUMER BUYING BEHAVIOR is based on perceived characteristics such as style, fashion or peer acceptance.

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Aaron purchased footballs from Matthew for $370. Matthew had purchased the footballs from Tom by providing Tom with a bad check.

LenaWriter [7]

Answer:

The principle in Law 'Nemo dat quod non habet' states that an individual connot give what he does not have

Indeed Tom can rescind the contract with Matthew as he possesses voidable title to the balls

Explanation:

Until consideration has moved from Matthew to Tom the validity of the agreement/Contract remains inconclusive.

Considering his Account is not funded means he has no valid title to the Balls, he is merely in possession of the Balls but not the Owner.

Tom can sue demanding a return of the Balls irrespective of Matthew having sold them to Aaron.

Another illustration could be given of a thief who sells off a property. Inspite of the Buyer being unaware, because the thief has a voidable title it makes the transaction invalid.

8 0

4 years ago

Cassandra owns her own business and drives her van 15,300 miles a year for business and 5,100 miles a year for commuting and per

neonofarm [45]

Answer:

The largest tax deduction = $8,874 mileage method

Explanation:

mileage method = 15300*0.58 =$8,874

Actual Expense = $5,540 + 765 + 3,095 +165 +240 + 1000 = $10,805

business use % = 15300/(15300+5100)

= 15300/20400 = 0.75

Actual expense = $10,805 * 0.75 = $8,103.75

If the interest expense on loan for the Van is considered as an expense for profit and loss section in calculating Net income then

ACTUAL EXPENSE = $10,805 - $1000 = $9,805 * 0.75= $7,353.75

nonetheless Mileage method gives the largest deduction

3 0

3 years ago

What is the quick ratio of a company that has a balance sheet showing cash of $120,000, accounts receivable of $80,000, inventor

Dmitrij [34]

Answer:

the quick ratio is 1.4 times

Explanation:

The computation of the quick ratio is given below:

Quick ratio is

= (Cash + Accounts receivables) ÷Current liabilities

= ($120,000 + $80,000) ÷ $140,000

= 1.4 times

hence, the quick ratio is 1.4 times

The same should be considered and relevant

4 0

3 years ago

Finding both parties to a trade who have something the other party wishes to trade for is called a

inn [45]

Answer:

Double coincidence of wants

Explanation:

In a barter system, there has to be double coincidence of wants. This means that both parties to a trade who have something the other party wishes.

For example, if I have fish and I want cereals which i don't have. you want fish but you don't have it but you have cereals. I could give you my fish and you can give me your cereals

8 0

3 years ago

ABC Co wishes to undertake a project requiring an investment of $732,000 which will generate equal annual inflows of $146,400 in

Marysya12 [62]

Answer:

The IRR of the project is 13%.

Explanation:

ABC Co wishes to undertake a project requiring an investment of $732,000 which will generate equal annual inflows of $146,400 in perpetuity. If the first inflow from the investment is a year after the initial investment, what is the IRR of the project?

The first inflow from the investment is a year after the initial investment. Solving for "n", we get:

$2,548,831 = 732000/(1 + n)^1

$732,000/((1*(1+n))^1) = $2,548,831

$n = ln(($2,548,831)/$732000)

Using the function of n that we found above:

$n = ln((($2,548,831/$732000))/1)

Plugging in for "n" to get the IRR:

IRR = 13%

3 0

3 years ago