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
ryzh [129]
3 years ago
14

Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer

choices
Business
1 answer:
Minchanka [31]3 years ago
5 0

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

You might be interested in
Which type of fund should you consider if you're seeking high long-term returns and can tolerate the normal ups and downs of the
guapka [62]

Answer:

growth funds

Explanation:

If you have done enough research in a particular company to invest in them then growth funds do generate a lot of profit however they are a bit risky.

4 0
3 years ago
Read 2 more answers
Contribution margin is:
ddd [48]

Answer:

Sales less variable production, variable selling, and variable administrative expenses.

Explanation:

On a contribution margin income statement the variable administrative and variable selling are considered as variable cost and used to determinate the contribution margin.

Contribution margin =

sales revenue - total variable cost

the fixed cost are listed below the contriution,

once subtracted from the contribution, the rest is the net income.

8 0
3 years ago
Cyclical unemployment is closely associated with Select one: a. long-term economic growth. b. short-run ups and downs of the eco
kiruha [24]

Answer:

b. short-run ups and downs of the economy.

Explanation:

Cyclical unemployment is a form of employment that occurs as a result of fluctuations in the economy.

When there's a downturn in the economy, unemployment increases and It falls when there's a boom.

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
_________ forecasting method is well suited to situations in which sales forecasts are needed for a large number of products.
nikdorinn [45]

Answer:

D. Moving averages

Explanation:

Moving averages is a method of forecasting which is adopted to receive an overall idea of the trends for a given data

Moving averages is an average of any subset of numbers.

This method is very useful when the long-term trends are to be forecast or when the number of data sets are large in numbers.

3 0
3 years ago
HOW DOES GOVERNMENT PAVING ROADS AFFECT GDP<br> ?
ruslelena [56]
It effects how money is moved around the united states. They will hire more companies, such as contractors. Those contractors will hire other companies to do said work, they companies will hire workers. However it creates more jobs, and more government spending. 
7 0
3 years ago
Other questions:
  • Lionel joined the International Council on Hotel, Restaurant and Institutional Education for career guidance. Which profession i
    5·1 answer
  • Eve Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 50,000 ounces from the
    13·1 answer
  • What do you call the second year of high school?
    10·1 answer
  • Troy Company budgeted​ $12 million for customer service​ costs, but actually spent only​ $10 million. Which of the following sta
    5·1 answer
  • The following is a list of accounts and their balances for Benson Company for the month ended June 30, 20xx. Prepare a trial bal
    5·1 answer
  • ADRIAN CORP. SELLS GOODS ON ACCOUNT FOR $100000 ON MAY 1. ON MAY 15, THE CUSTOMER RETURNS $40000 OF THE MERCHANDISE. THE CUSTOME
    9·1 answer
  • As the number of urban areas grew in the state in the late nineteenth and early twentieth centuries, the management of local aff
    5·1 answer
  • Cricket Corp. issued, without consideration, rights allowing stockholders to subscribe for additional shares at an amount greate
    14·1 answer
  • How much profit is this monopolist earning? You may use this formula when solving the question: Profit = Total Revenue − Total C
    8·1 answer
  • In its 2016 annual report, Lockheed Martin reported net earnings of $5,302 million and dividends paid of $2,048 million. Your fo
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!