Answer:
Probably not, because the terms are not definite.
Explanation:
A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.
The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.
A valid contract has the following elements: offer, acceptance, agreement, and consideration.
In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.
So the contract is probably not valid because terms are not clearly defined.
Based on the given information above about the Zook Company which is a wholesaler company, the type of wholesaler that it falls into is in the JOBBER. It is classified as a jobber since the Zook company only has a limited merchandise as well as their functions are limited too. In addition, they do not give any feedback to the manufacturers from the retailers.
Answer:
Line organization model
Explanation:
Based on the information provided within the question it seems that Party Pros Inc. is using a Line organization model. This is an organizational structure in which power flows from the top to the bottom, meaning that the person at the top is the owner and the individuals in each level of the hierarchy answer to those in the upper levels, all of which are trying to accomplish the same organizational goals. Such as is being described in this situation.
Answer:
Missing word <em>"You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate."</em>
a. At 18 years, future value of current amount (compounded for another 7 years at 8%)
= $3,996 * (1.08)^7
= $3,996 * 1.7138
= $6,848.34
b. At age 65, future value of this amount (compounded for another 40 years at 8%)
= $6,848.44 * (1.08)^40
= $6,848.44 * 21.7245
= $148,779.93
c. Future Value = Present Value * (1 + Interest Rate)^n
So, let initial the money deposited be represented by Y
=> $3,996 = Y * (1.08)^18
=> $3,996 = Y * 3.996
Y = $3,996 / 3.996
Y = $1,000
Answer:
B. a decrease; a decrease
Explanation:
Substitutes' goods are products that can be consumed in place of each other. If one product is missing, consumers will be ready and willing to buy its substitute. An increase or fall in the price of a good or services will cause the demand for its substitute to move in the opposite direction.
Equilibrium quantity is when supply matches the demand. If the price of Tuna fish decreases, its demand will increase as more customers will afford it. Tuna and chicken are substitutes, should the price of Tuna decrease, customers will prefer to consume Tuna over chicken. Consequently, the demand for chicken will reduce w leading to a decrease in its price.
