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nataly862011 [7]
3 years ago
8

When an offeree changes the terms of an offer, it is called a counteroffer. What happens

Business
1 answer:
Amanda [17]3 years ago
7 0
<h2>Original offer becomes void (nothing).</h2>

Explanation:

Counteroffer: The original offer would have been either rejected or modified with new one.

This gives the original offeror three options:

  • accept the counteroffer,
  • reject it, or
  • make another offer.

Example:

When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".

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Answer:

Explanation:

According to the Kai surf shop in Laie, Hawaii, below is the computation of sales and use tax of surf shop that must collect or remit.

A.

Kai doesn't have a sales tax nexus with Utah, therefore it will not have any sales tax liability. Instead, Kalani will have a tax liability in Utah that will be $63($1000 x 6.85%).

B.

kai will have a tax liability of $83($2000 x 4.166%) Also, Nick will have use tax liability of $87[($2000 x (9% - 4.166%)].

C.

Kai doesn't have a sales tax nexus with Michigan, therefore it will not have sales tax liability. Instead, Jim will have a use tax liability in Michigan will be $140($2000 x 6%)

D.

Sales and use tax is not imposed on sale of services. Therefore, neither Kai nor Scott will have any sales or use tax liability.

7 0
3 years ago
According to the text, economic analyses became more difficult when a firm entered overseas markets because, unlike the situatio
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Answer:

The correct answer is A. Management must operate in two new environments, foreign and international.

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It is more difficult to assess the unknown environment. When the company belongs to a country, it is easier for her to study market behavior because it has information at her fingertips. On the other hand, international markets require more adaptation time to assess the internal impact of making investments.

8 0
3 years ago
Tp-7 on gasoline powered boats, when should the blower be operated?
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5 0
3 years ago
Prepare the issuer’s journal entry for each of the following separate transactions.a. On March 1, Atlantic Co. issues 51,000 sha
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Answer:

March 1

Account                                             Debit               Credit

Cash                                                 $323,000

Common Stock                                                         $153,000

Paid-In Capital in Excess

of Par Value                                                              $170,000

April 1

Account                                              Debit                Credit

Cash                                                 $87,000

Common Stock-no par value                                    $87,000

April 6

Account                                             Debit                 Credit

Inventory                                          $56,000

Common Stock                                                           $56,000

Machinery                                        $170,000

Paid-In Capital in Excess of

Common Stock                                                           $170,000

Note Payable                                                              $92,000

Cash                                                 $92,000

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Yuki888 [10]
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