Answer:
<u>a) Competent parties</u>
Explanation:
This is not an essential element of such a contract because basically we would not expect a minor to be involved in a transaction of a four-family residential resale property.
Remember, competent parties contract requirements are that the two parties in the sale contract should be persons legally and mentally capable of entering into contracts that is enforceable by law.
Answer: Government policies that heavily tax some activities while subsidizing others and that fix or control interest rates will result in lower productivity of investment.
Explanation: Lowering productivity of investment will cause the economy to not do as well due to the small level of investments happening. When the government heavily taxes different things, it lowers the amount of people purchasing those items due to the high rates.
Answer:
84
Supplier X
Explanation:
The computation of supplier Y score is shown below:
Supplier Y Score is
= Supplies Y rating × weight
= 80 × 0.5 + 90 × 0.1 + 85 × 0.3 + 95 × 0.1
= 40 + 9 + 25.5 + 9.5
= 84
As we can see that the supplier score of X is 85 which is greater than the supplier score of Y
Hence, the supplier X should be selected by the RBS company
Answer: d) Dividends cause equity to decrease.
Explanation:
Dividends are payments to shareholders as a way of sharing the profit that the company made with its owners. Net profit is added to the Equity of company.
In other words, dividends cause equity to decrease because they are taken from Retained Earnings (net income) which are added to Equity. By reducing the amount of Retained earnings available therefore, dividends are reducing Equity.
