In a case whereby the buyer has made an offer that the seller has accepted, and proper notice has been given to the buyer of the seller's acceptance. the offer is now considered executory contract.
<h3>What is an
executory contract?</h3>
An executory contract can be described as the ongoing agreement that two parties entered to, whereby they are responsible for completing certain obligations at set period of time.
It should be noted that this written agreements ensure each party is clear about their o responsibilities, hence In a case whereby the buyer has made an offer that the seller has accepted, and proper notice has been given to the buyer of the seller's acceptance. the offer is now considered executory contract.
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Global marketers such as PepsiCo have embraced technology that enables them to form better relationships and communicate with customers. one of the benefits of e-marketing that Pepsi enjoys is that marketers and customers can share information
<h3>What are
global marketers?</h3>
Generally, To achieve global goals, global marketing is described as "marketing on a global scale reconciling or utilizing global operational differences, similarities, and possibilities."
Global marketers like Pepsico have embraced technology because it helps them connect and engage with consumers more effectively. Pepsi profits from information sharing between marketers and consumers, which is one advantage of e-marketing.
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Answer:
SUBSTITUTION BIAS
Explanation:
Substitution bias occurs when a customer decides to purchase a substitute of a good after the prices becomes cheaper than the goods they normally purchase. It rises as a problem in price index due to the fact that customers/buyers can decide to change or substitute goods at an instant because of changes in prices. In situations like this, customers tend to avoid the whole increase in prices by changing to cheaper substitutes. Substitution generally is a consumer changing or substituting an expensive product for a cheaper one due to changes in prices. This usually leads to inflation rate been overestimated or overstated.
Answer:
Interest expense $ 11.15
Explanation:
As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.
The rate is one and a half percent therefore, 1.5% --> 0.015
principal x rate = interest
$743 x 0.015 = $ 11.145
Answer:
The retirement fund will last for 33 years and 7 months
Explanation:
We need to solve for time in an ordinary annuity
C $15,000.00
rate 0.004 (4.8% divide by 12 month)
PV $3,000,000
time n
we clear for n as much as we can and solve

now we use logarithmic properties to solve for n:
-403.16
this will be a value in months so we divide by 12 to get it annually
403/12 = 33,5833
we convert the residual to months:
0.5833 x 12 = 6.996 = 7 months