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Liono4ka [1.6K]
3 years ago
5

Vicky and Lee vacation in Cancun, Mexico, every year. They purchased the right to stay in a beach condo for the first two weeks

in May, and their agreement continues for the next 10 years. They don’t actually own the unit. What did they purchase?
Business
1 answer:
Crank3 years ago
6 0

Answer:

The answer is timeshare

Explanation:

A timeshare is a way for a number of people to share ownership of a property. Timeshare is fractional ownership in a vacation property. Each buyer usually purchases a certain period of time in a particular unit.  Almost all timeshares are resort or vacation properties.

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Terrance is very skilled in biological research and the scientific principles guiding his work. He is also punctual, well-organi
Veronika [31]

Answer:

<em>Transferable skills</em>

Explanation:

Transferable skills <em>include all abilities that you may have, that are helpful to companies throughout different employment and sectors. </em>

They may involve abilities that companies pursue in powerful applicants such as versatility, organisation, sportsmanship or other characteristics.

These skills can be used when searching for a new job to place your previous experience, especially if it's in another sector.

5 0
3 years ago
When are product costs included on the income statement?
ioda

Answer:

The correct answer is D. When the product is sold and delivered to a customer.

Explanation:

It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.

4 0
3 years ago
Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.
Andreyy89

Using economic understanding, insurance is "<u>Economically feasible</u>" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered <u>economically feasible.</u>

Hence, in this case, it is concluded that the correct answer is "<u>Economically feasible."</u>

Learn more here: brainly.com/question/13769098

8 0
3 years ago
If 20,000 worker-hours produced a total output of $600,000 in an economy, then the labor productivity is
cupoosta [38]

Answer:20 per hours Explanation:

6 0
3 years ago
Seperate legal entity​
slavikrds [6]

i need more information than this

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4 0
3 years ago
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