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Tom [10]
3 years ago
13

Contracts for sale may contain sections that cause implementation of the contract to depend on the successful completion of some

prior action such as the buyer's ability to obtain financing on specified terms. This type of contract is commonly referred to as __________.
Business
1 answer:
aliina [53]3 years ago
3 0

Answer:

C. contract with contingencies

Explanation:

Real estate contracts that contain contingencies or provisions that must be met before the real estate contract can be fulfilled are called contracts with contingencies. If this contingencies or provisions are not fully satisfied, the contact is null or void, e.g. the buyer will only proceed with the operation if the house passes the inspection.

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Volt Electronics sells equipment that includes a three-year warranty. Repairs under the warranty are performed by an independent
Nuetrik [128]

Answer:

a. When the equipment is sold.

Explanation:

As we know that

When someone sells or purchase a product, the services are attached to the product which is passed from the buyer to the seller that can be in terms of warranty i.e after-sales services, etc

So according to the given situation, the estimation of the warranty cost is $25 per time sold so the warranty cost should be recognized when the equipment is sold as it is attached to the product

4 0
3 years ago
The amount you owe in state income tax is based on:
artcher [175]
<span>A. Your yearly earnings. </span>
7 0
3 years ago
Read 2 more answers
Most phone numbers are seven digits long, and this fits within the memory span of digits for most people. when is it helpful to
irina1246 [14]
It is helpful to convert phone numbers into letters when you are advertising for a business.  For example, if you were advertising for a fish market, the phone number could be something like "123-FISH".  This is helpful to remember the numbers for a lot of people.  It's a lot more likely someone will remember  "123-FISH" than a bunch of random numbers.

Hope this helps!! 
8 0
4 years ago
Individuals and businesses must choose between the different uses for their available resources. This is called ______ resources
ki77a [65]

The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.

<h3>What is Scarcity?</h3>

According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.

It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.

Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>

<u></u>

Learn more about scarcity here:

brainly.com/question/1088553

6 0
2 years ago
A firm that is pursuing _____ strategy is simultaneously trying to achieve low costs through location economies, economies of sc
vitfil [10]

Answer:

Transnational

Explanation:

A transnational procedure is a lot of arranged activities characterised by an organisation to have tasks in business sectors abroad. This term applies to the strategies and structures that enable a firm to start and keep up capacities in outside nations while protecting focal coordination at one explicit area. This particular strategy is applied by the company to achieve economist of scale and economise.

6 0
3 years ago
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