Answer:
The answer is: B) Contracts under seal, letters of credit, and also implied-in-law contracts
Explanation:
Only 10 states allow contracts under seal. A contract under seal does not require consideration and has the seal of the signer attached to it.
Letters of credit are legal contracts between banks and the sellers of goods (LC are usually related to export and import activities).
Implied contracts are contracts that are not written but they are valid based on the parties' actions.
Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
Answer:
C) $477,000.
Explanation:
net revenues = total sales - sales discounts - sales returns - sales allowances = $550,000 - $12,000 - $44,000 - $17,000 = $477,000
- Sales discounts are reductions in the sales price, e.g. 10% off.
- Sales returns are merchandise that was returned by the customers.
- Sales allowances are sales discounts made when the customer received a defective unit and instead of returning it, decides to keep it but at a lower price.
<span>1) - we see here that each college is different, so the answer is that they are not competitive because they are not not homogenous - since they can for example not all offer the same courses 2) This is a monopoly - they have the exclusive right to provide some service! it's not a competetive market (other companies don't have free entry). 3) Here there are not too many sellers - it's just a few companies, so people alsco can't choose from too many options. 4) this is a true competitive market - it has a free entry, many sellers and the product is homogenous!</span>
Answer:
$12,000 at 3%.
$14,000 at 4%.
Explanation:
Let A be the amount invested at 3%, and B be the amount invested at 4%. The following system of equations can be modeled from the provided information:
Solving the linear system:
$12,000 were invested at 3% and $14,000 were invested at 4%.