My best guess is the supply would go down, since many companies would be losing profit margins, and many others losing profitability all together.
The parrot is deaf? That’s the best I could come up with
Answer:
Yes
Explanation:
There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.
There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.
Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.
Answer:
The amount of its liabilities is 280000
Explanation:
In a business balance we can see the following accounting equation
liabilities + owners' equity= assets
liabilities = assets -owners' equity
liabilities = $700,000-$420,000
liabilities = $280,000
