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
hodyreva [135]
3 years ago
7

Agreement is normally evidenced by an offer and an acceptance. True or False

Business
1 answer:
Ahat [919]3 years ago
6 0

Answer:

The statement is true as well as correct

Explanation:

Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.

And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.

You might be interested in
Buddy Slaton has only one itemized deduction item, the $3,000 he gave to his church. His standard deduction this year is $5,450,
Pepsi [2]

Answer:

$0

Explanation:

Tax payers can elect to use either standard deduction or itemized deduction to reduce their taxable income, for them to pay least amount of tax on their taxable income. Standard deduction is calculated and given in accordance with the provision of the tax law while itemized deduction is a list of items that the tax payer has incurred and expecting to except from tax, examples of this includes donation to charities and interest paid on mortgage.

Taxpayers normally elect the higher of standard deduction and itemized deduction to reduce their tax liability to the lowest.

In the case of Buddy Slaton, electing for itemized deduction of contributing to church($3,000) will save her no tax since the standard deduction is greater ($,5450).

5 0
3 years ago
Kaye Blanchard is 50 years old. She has $66000 of adjusted gross income and 15,200 of qualified medical expenses. She will be it
Usimov [2.4K]

Deductible amount is $10,250

A deductible is an expense that an individual taxpayer or a business can deduct from adjusted gross income when filling out a tax form. Deductible expenses lower taxable income and, as a result, the amount of income taxes owed.

Most wage earners take the standard deduction; however, those with extremely high deductible expenses can itemize to reduce their tax bill.

Individual tax deductions for individuals include student loan interest, self-employment expenses, charitable donation deductions, and mortgage interest deductions.

Payroll, utilities, rent, leases, and other operational costs are examples of business deductibles.

The amount of tax levied on the taxpayer is referred to as his or her income tax liability. It represents the total amount of tax owed to the government. Once paid, it will contribute to the total amount required by the government to fund its projects.

Threshold amount

=Adjusted gross income × Threshold rate

=$66,000 × 0.75

=$4950

Deductible amount

=Qualified medical expenses - Threshold amount

=$15,200 - $4950

=$10,250

Deductible amount is $10,250

To learn more about Deductible amount, refer:

brainly.com/question/4289977

#SPJ1

8 0
1 year ago
Lynn, the manager of a transportation company, goes through the product delivery schedule. She assigns territories to each execu
Vsevolod [243]

Answer: Outbound logistics.

Explanation:

Outbound logistics involves storing finished products and transporting them to the consumers in the various target markets. Lynn is in charge of supervising the outbound logistics of her company, she does so by assigning routes to distributors in her company.

3 0
3 years ago
Approximately how much should be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for
makkiz [27]

Answer:

B. $323,900.00

Explanation:

Nper = 300 periods

Rate = 8%/12

FV = 0    

PMT = $2500  

Amount to be Accumulated = PV(Rate,Nper,PMT,FV)

                                               = PV(8%/12,300,2500,0)

                                               = $323911.31

Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900 .

7 0
3 years ago
Even though the remainder of this assignment will focus on motivation, there are two additional determinants of job performance.
Marat540 [252]

Answer:

The answer is Job perfomance= Motivation x Ability x Situational x Constraints

Explanation:

Because in this formula, job performance is how well someone performs the requirements of the job, motivation is the degree to which someone works hard to do the job well, ability is the degree to which workers possess the knowledge, skills, and talent to do the job well, and situational constraints are factors beyond the individual control of the empolyees. Such as policies, resources. Since job perfomance is a multiple function of motivation times ability times situational constraints, the job performance wil decline if one of those elements is considered insuficient.

6 0
3 years ago
Other questions:
  • What satellite television channel focuses on the interests of rural america
    11·1 answer
  • Suppose that some investors have decided that economic and financial uncertainty have made the prospect of investing in domestic
    13·1 answer
  • Henry, a salesperson, calls a prospective buyer in an attempt to sell his company's new air conditioner. the buyer indicates tha
    11·1 answer
  • The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $63,100 1,1
    7·1 answer
  • A SWOT analysis involves an analysis of factors internal to the company, which include _____ as well as factors outside the comp
    8·1 answer
  • Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity chan
    13·1 answer
  • Assume a purely competitive, increasing-cost industry is in long-run equilibrium. If a decline in demand occurs, firms will:leav
    5·1 answer
  • Pharoah Construction enters into a contract with a customer to build a warehouse for $870000 on March 30, 2021 with a performanc
    11·1 answer
  • Sheffield Corp. owns the following assets: Asset Cost Salvage Estimated Useful Life A $540000 $42000 10 years B 201000 23500 5 y
    6·1 answer
  • What is the future value of a 500 annuity payment over wight years if interest rates are 14 percent?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!