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
Lorico [155]
3 years ago
10

1. The Statute of Frauds prevents the enforcement of a(n) ______ contract, which is a contract in which the parties have not ___

___. These contracts are ________.
Business
1 answer:
icang [17]3 years ago
4 0

Answer:

The correct answers in order are:

Executory  

Fulfilled their obligations  

Not illegal

Explanation:

The Statute of Frauds prevents the enforcement of an executory contract, which is a contract in which the parties have not fulfilled their obligations. These contracts are not illegal.

You might be interested in
Market anomaly refers to _______.A. an exogenous shock to the market that is sharp but not persistentB. a price or volume event
Klio2033 [76]

Answer:

the correct answer is C. A trading or pricing structure that interferes with efficient buying and selling of securities.

Explanation:

7 0
3 years ago
Beck Company has inventory of​ $725,000 in its stores as of December 31. It also has two shipments in transit that left the​ sup
FrozenT [24]

Answer:

Total Inventory            $899,000

Explanation:

Inventory at hand            $725,000

Inventory in transit     $102,000

Inventory in consignation   $72,000

Total Inventory            $899,000

<u>Notice:</u>

<em> The first cargo </em>is under term FOB destination, which means the goods are still property of the seller, so are not part of Beck company's yet.

<em>While the second cargo</em> is fob shipping point, Beck assume possesion of the gods as soon as they enter the dock.

3 0
3 years ago
The cost of borrowing money is called _____.<br> risk<br> deposit<br> interest
GaryK [48]
<span>The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime. </span>
8 0
3 years ago
Read 2 more answers
You have a rich aunt who wants to give you money. She offers you two choices: Choice 1: You receive $100 starting today once a y
ValentinkaMS [17]

Answer:

Choice 1 is more profitable.

Explanation:

Giving the following information:

Choice 1:

You receive $100 starting today once a year every year for the rest of eternity.

Choice 2:

You receive $200 today and then $50 once a year starting next year for all of eternity.

<u>I will assume an interest rate of 8%</u>

The first option and second option are a perpetual annuity. To calculate the present value, we need to use the following formula:

Choice 1:

PV= Cf/i

Cf= 100

i=0.08

PV= 100/0.08= $1,250

Choice 2:

PV= 50 + 50/0.08= $825

Choice 1 is more profitable.

5 0
3 years ago
Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn?
Ket [755]

Answer:

Rate of interest is 8.37%

Explanation:

Future Value = PV(1+r)^{3}

3,500 = 2750 (1+r)^{3}

\frac{3500}{2750} = (1+r)^{3}

\sqrt[3]{\frac{3500}{2750}} = \sqrt[3]{(1+r)^{3}}

1.0837 = 1+r

r = 1.0837 - 1

r = 0.0837

r = 8.37%

Check:

3500 = 2750 (1+0.0837)^{3}

3500 = 3500

6 0
3 years ago
Other questions:
  • Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4,600 price, invoice dated April 2, credit terms of 2
    7·1 answer
  • Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-e
    12·1 answer
  • Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporatio
    11·1 answer
  • National Warehousing just announced it is increasing its annual dividend to $1.18 next year and establishing a policy whereby th
    11·1 answer
  • What might be considered an example of a ruthless business tactic?
    7·1 answer
  • Which best explains why a credit score represents
    9·1 answer
  • Bateman Corporation sold an office building that it used in its business for $800,950. Bateman bought the building ten years ago
    13·1 answer
  • Which of the following choices correctly depicts whether McDonald's, the University Wisconsin, and Apple Inc. would have a need
    15·1 answer
  • Cumberland Co. sells $1,114 of merchandise to Hancock Co. for cash. Cumberland paid $779 for the merchandise. Under a perpetual
    5·1 answer
  • True or False: While monitoring any online conversations about its brand, a company should also monitor the search results that
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!