1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Blizzard [7]
3 years ago
12

On May 1 Ralph offers to cure and smoke Sam’s pork, and promises to keep the offer open until June 1. On May 3 Ralph mails Sam a

letter revoking the offer. Sam receives and reads the letter on May 5 and responds to Ralph on May 6. Ralph’s revocation of the offer became effective on:
a. no date because the offer is irrevocable.
b. May 6.
c. May 5.
d. May 3.
Business
1 answer:
garik1379 [7]3 years ago
6 0

Explanation:

I would say may 6th because Sam didn't know Ralph was going to revoke until May 5th and that only makes it half final because Ralph wouldn't know in anyway except through a letter that Sam has received his letter and agreed or disagreed.

May 6th is when he gets the confirmation. So both people know on May 6th.

If this is too confusing ( like it was for me I had to read it 6 times ) then think about it this way. if you make a deal with a fisherman to buy fish on Wednesday and you send him a lettering sunday that arrives a day later, the fisherman won't know until a day later (Monday) and on that day he receives it you don't know if he got it. That's why it's half official. when he send a letter that arrives the day after he got your letter (tuesday) then you know that he understood you won't make it on Wednesday making it fully official.

does this make sense? if so hope it helps.

You might be interested in
_is any place where goods are produced or distributed or services areproduced​
ella [17]
A factory is any place where goods are produced or distributed or services are produced.
5 0
2 years ago
What is meant by an ‘economic boom’?
Anvisha [2.4K]
The Economic boom<span> of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The </span>economic<span> growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

</span>
8 0
3 years ago
Read 2 more answers
Lopez Corporation incurred the following costs while manufacturing its product.
grandymaker [24]

Answer:

$358,150

Explanation:

Cost of goods manufactured is calculated in a Schedule of Manufacturing Costs as follows :

Cost of goods manufactured = Beginning Work In Process + Total Manufacturing Costs - Ending Work In Process

where,

Total Manufacturing Costs :

Materials used in product              $124,260

Depreciation on plant                     $69,650

Property taxes on plant                   $21,750

Labor costs of assembly-line        $120,570

Factory supplies used                     $25,810

Total                                               $362,040

therefore,

Cost of goods manufactured = $13,700 +   $362,040 - $17,590 = $358,150

8 0
3 years ago
Virtually every business has variable expenses, which move up and down in tight proportion with changes in sales volume or sales
TiliK225 [7]

Answer and Explanation:

Dynamic expenses are pointed to as operating expenses that are the production cost and important to run a business.

common example of the variable cost that depends on sales volume.

  • The cost of goods sold, that is the equivalent of goods sold to consumers.
  • Commissions charged from their selling to salespersons.
  • Fees charged by a company when a customer requires a credit or debit card.

so, we say that when a business increase or decrease their sale volume, their variable cost also gets affected.

3 0
2 years ago
An invention that raises the future marginal product of capital in a closed economy) would cause an increase in desired investme
Lostsunrise [7]

Answer:

A) right; increase

Explanation:

In the case of the closed economy when the marginal product of capital increased so it also increased the investment due to which the shifting of the investment curve is rightward and this will result in increase in the real interest rate

So as per the given situation, the option a is correct

8 0
2 years ago
Other questions:
  • Which of these terms means "limited resource"?
    10·2 answers
  • Skysong, Inc. took a physical inventory on December 31 and determined that goods costing $235,000 were on hand. Not included in
    13·1 answer
  • What has the biggest impact on whether a 4 year university is affordable?
    12·1 answer
  • Flipco signed a 10​-year note payable on January​ 1, 2018​, of $ 800, 000. The note requires annual principal payments each Dece
    14·1 answer
  • What are three locations where you can view your Focused Review for a practice or proctored assessment?
    5·1 answer
  • ABC had the following net income (loss) the first three years of operation: $7,100, ($1,600), and $3,600. If the Retained Earnin
    11·2 answers
  • Curly’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $43,000 per year forever.
    9·1 answer
  • What are the disadvantages for an employer of paying employees piece rate or commission
    13·2 answers
  • Normative account captures what people often do when they are first introduced to computer and
    9·1 answer
  • Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!