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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.

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ABC had a net income of $8,000, $5,000, $12,000, and $10,000 over the first four years of the company's existence. If the averag
Nezavi [6.7K]

Answer:

B) $23,000.

Explanation:

ABC's accumulated net income (or retained earnings) over the past four years = $8,000 + $5,000 + $12,000 + $10,000 = $35,000

ABC's accumulated dividends paid over the past four years = $3,000 x 4 = $12,000

Since dividends are paid using money that proceeds from retained earnings, the balance of the retained earnings account = accumulated retained earnings - accumulated dividends = $35,000 - $12,000 = $23,000

4 0
3 years ago
In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex
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Answer:

Sunk cost will be = $70

Explanation:

Sunk Cost refers to the cost for which the amount has been already spent, and cannot be recovered. These are generally incurred and then not regarded for decision making as irrespective of decision being viable or not this cost cannot be avoided.

In the given instance, Damon Rutton Purchased the ticket of $70

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When he spend some time with his wife sunk cost will be = $70

8 0
3 years ago
Comfort Corners Home Furnishings uses labor and machinery to transform wood, plastic, metal, and cloth into comfortable chairs,
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Answer:

Form Utility.

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This is the process of designing a product to target a specific client's needs or wants. Customers' desires are incorporated into the features and benefits the products offer to customers. As in the above company. Various designs of furniture have been designed to appeal to customers needs and wants in home furnishing.furnishings.

3 0
3 years ago
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In a fee-for-service health insurance plan with a $6,500 annual deductible, _____.
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A.

Explanation:

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2 years ago
The activities of the federal reserve board have the most direct influence on.
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The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.) 

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1 year ago
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