Answer:
B. Partial performance.
Explanation:
Partial performance is the place one party finishes performance under an oral contract – may make the oral contract enforceable, regardless of the Statute of Frauds. A party must exhibit his performance was exclusively inferable from the oral contract.
Answer:
D) configure their products and services in ways that have built-in growth potential
Explanation:
Savvy growth-minded company tend to design their product in a way that can be easily adjusted following the future's demand. By doing this, the company's could grow their sales using the same product even if the situation in the market change in the future.
In the case above, the companies sold sandals with interchangeable straps. This means that the product that is made by the company could easily adjusted to follow the trend that exist among their consumer groups in the future.
For example if in the future there is a certain design/theme that is favored by their customers, the company could just change the straps to follow the trend rather than creating a whole new batch of sandals.
Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
Hope this helped.. ;)
Answer:
No
Explanation:
Loking at you past answers and one question, I noticed incoreect punctuation and incorrect lowercases.
Answer:
Dr Trucks 18,555
Dr Discount on Notes Payable 1,445
Cr Cash 2,500
Cr Notes Payable 17,500
Explanation:
Since the seller accepted a zero interest bearing note, that is equivalent to making a discount. To determine the discount on the note, we have to calculate the present value of the note: discount rate is 9% and present value is $17,500
present value of the note = $17,500 / (1 + 9%) = $16,055
discount on the note = $17,500 - $16,055 = $1,445
So the purchase price of the truck would be:
$2,500 down payment + $16,055 = $18,555