Answer:
a counteroffer
Explanation:
Based on the information provided within the question it can be said that the original offer is still an offer but as the seller crossed out the provision and returned the offer it has now become a counteroffer. Meaning that it is a new offer with details from the original offer either removed or added, and is now up to the buyer to review and accept this new offer.
Answer:
a. The production possibility curve(PPC) moves up and to the right because of increase in human skills resulting in enhanced production and output.
b. Due to bumper crop PPC moves up and to the right.
c. Due ton increased workers entering into the country PPC moves up and to the right ( increased output)
d. The workers are already unemployed hence it does not shifts PPC
e. Due to efficiency to convert salt water into fresh water output increases. PPC moves up and to the right.
f. Decreased productive capacity results in PPC shifting down and to the left.
Answer:
c. Debit Supplies: $100 & Credit Accounts Payable: $100
Explanation:
When we purchase supplies on credit this has the following effect :
Assets : Will Increase thus Debit Supplies with $100
Liabilities : Will Increase thus Credit Accounts Payable with $100
Conclusion :
The correct entry is c. Debit Supplies: $100 & Credit Accounts Payable: $100
Answer: C : They will need to subtract a partial year of depreciation from the book value of the second truck but not the first truck.
Explanation:
When disposing of fixed assets such as vehicles, depreciation has to be charged on them to see their Net Book Value.
Companies usually depreciate their vehicles on a yearly basis in accordance with the end of their fiscal year. This company therefore most likely depreciates on December 31.
The first truck is sold 2 days after this Depreciation so there is no need to add more depreciation to it.
However the second truck on the other hand was sold 6 months later. Depreciation needs to charged on this substantial period but since it was not for the full year, a partial one needs to be charged.
If an offeree dispatches both an acceptance and a rejection to an offer
(d) WHICHEVER RESPONSE REACHES THE OFFEROR FIRST WILL DETERMINE WHETHER A CONTRACT IS CREATED.
In such case, if the acceptance reaches the offeror first then a contract can be created. Thus, it totally depends on what reaches the offeror first. Any offer made by head of an organization can be accepted or rejected and there are business laws for this.