An implied warranty of fitness for a paticular purpose
Answer:
(a) They take a personal stake in the success or failure of the business.
Explanation:
Entrepreneurs are some of the most multiverse, multi -talented and diverse people. They try to perform different roles at same time like they are the project managers, a risk taker, an accountant, a marketer and a salesman etc.
Entrepreneurs play a key role in any economy. These are those that have the talents and initiative necessary to anticipate current and future desires and produce sensible new concepts to the market.
They carefully analyze market conditions and also they take a personal stake in the success or failure of the business.
So, option (a) is correctly fitted.
Alternative
Go to the Park Clean Bedroom
Benefits Your Having Fun and developing relationships through speaking skills You have a better self-esteem since your space is clean
Decision Hang out with friends Obey your Mother
Opportunity Cost You will miss out on having fun You will loose your mother’s trust
Benefits Forgone You miss out on one day of having fun You give up an opportunity to build trust and be obedient
The Decision making alternatives cause me to decide on an operatunity cost that makes me trustworthy and compliant. By being obedient you are able to follow directions which is very important in the work force. Having a dirty room can have a dirty impact on our self esteems because it can cause us to look down on ourselves when we can’t be at peace in our own living space and also you have the chance of being embarrassed. You can Clean your room so your friends can come hang out with you in your room.
Answer:
$48,840.00
Explanation:
If the average income is $37,000
A graduate expects to earn 32% above average.
The graduate will earn $37,000 +( 32% of $37,000)
=$37,000 +(32/100 + 37,000)
=$37,000 + $11,840.00
= $48,840.00
Answer: A) Fair value of the asset(s) given up.
Explanation:
Non-monetary exchange occurs when non-financial assets are exchanged in a transaction. Recording this transaction is based on the fair value of the assets exchanged and the recording is usually done in one of 3 ways being,
1. At the fair value of the asset transferred in exchange for it with a gain or loss on the exchange being recorded.
2. At the fair value of the asset received, if the fair value of this asset is more evident than the fair value of the asset transferred in exchange for it.
3. At the recorded amount of the surrendered asset, if no fair values are determinable or the transaction has no commercial substance.
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