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
Ymorist [56]
3 years ago
14

Ted’s wallet is as empty as his bank account, and he needs $3,500 immediately.Fortunately, he has three gold coins that he inher

ited from his grandfather.Each is worth $2,500, but it is Sunday, and the local rare-coin store is closed. When approached, Ted’s neighbor Andreaagrees to buy the first coin for $2,300. Another neighbor, Cami, agrees to buy the second for $1,100. A final neighbor,Lorne, offers 'all the money I have on me"—SlOO—for the last coin. Desperate, Ted agrees to the proposal. Which of thedeals is supported by consideration? (a) Ted’s agreement with Andrea, only(b) Ted’s agreements with Andrea and Cami, only(c) All three ofthe agreements(d) None ofthe agreements
Business
1 answer:
Ann [662]3 years ago
3 0

Answer:B. Teddy's agreement with Andrea and Cami, only.

Explanation:

Consideration is anything of value that moves from both parties to a contract, it must equally be specific and devoid of ambiguity.

The agreement with Andrea and Camil both meet these requirements. However the agreement with Lorne is not devoid of ambiguity because we are not sure of the amount of his consideration.

You might be interested in
Cardiac Science is a California-based company that makes defibrillators,heart monitors,and other medical equipment.It is prepari
Elden [556K]

The correct answer is A)  The name of the product, when translated into Greek, has an unintentional meaning.

Explanation:

In business, communication problems can emerge due to a difference in language that prevents the business from communicating appropriately its purpose, name, slogan, and from advertising its products. This mainly occurs if the translation does not reflect the original meaning or there are cultural features that create a barrier.

This situation occurs in "The name of the product when translated into Greek, has an unintentional meaning" because due to the lack of experience of the manager in Greece and the differences in language, she does not know how to communicate in Greek the name of the company, which creates a communicative barrier as Greek customers will not understanding the real meaning of the company.

5 0
4 years ago
Why are supply and demand curves sloping in opposite directions?
Aliun [14]

The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.

plz mark me as brainliest :)

6 0
3 years ago
Suppose the quantity demanded of a particular good increases by 30%, and (the absolute value of) the price elasticity of demand
viktelen [127]

Answer: Option (c) is correct.

Explanation:

Given that,

Quantity demanded increases by = 30%

Price elasticity of demand = 2

Therefore,

Price elasticity of demand = \frac{Percentage\ change\ in\ quantity\ demanded}{Percentage\ change\ in\ prices}

2 = \frac{30}{Percentage\ change\ in\ prices}

Percentage change in prices = \frac{30}{2}

                                                = 15%

Therefore, price of a particular good decreases by 15%.

8 0
3 years ago
Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
Helga [31]

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

What is the weighted average ?

  • One of three methods for valuing the stock in your company's inventory is the weighted average cost method, which establishes the average cost of all the products in your inventory based on their individual costs and the quantity of each item that is kept on hand.
  • The weighted average is used by businesses to calculate the amount that goes into inventory and the cost of products sold (COGS).
  • Due to the variety of inventory stock kinds or the same stock items being purchased at various times, a firm may pay varying costs when purchasing pieces of inventory.

Total units transferred = 42000

and, units of ending WIP = 6000(material),  4000(Labor),  4000(overhead)

So,

Equivalent units of production = 48000(material), 46000(Labor),  46000(overhead)

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

Learn more about weighted average here:

brainly.com/question/16557719

#SPJ4

4 0
1 year ago
To make a decision resulting in good corporate citizenship, a business should evaluate the decision based on:
Sergio039 [100]

Answer:

All of them

Explanation:

When making decisions, a business should evaluate:

  • Legal implications of each decision : do our decisions comply with all applicable laws and regulation?
  • Public relations impact : how will the public feel about our decision?
  • Safety risks for consumers and employees: does it affect the safety and well being of our employees and customers?
  • Financial implications: does our decision benefit our business?
7 0
4 years ago
Other questions:
  • Business Bonus Question:
    15·2 answers
  • On January 1, 2018, Byner Company purchased a used tractor Byner paid $3,000 down and signed a noninterest-bearing note requirin
    6·1 answer
  • A company investing borrowed funds expects to earn a return greater than the interest it will pay for the use of funds is using
    13·1 answer
  • Jones, a consulting manager of Miller & Co., is considering membership on an audit client's board of directors. Jones does n
    13·1 answer
  • If the absolute value of the price elasticity of demand is greater than 1:
    14·1 answer
  • "The potentially valid arguments for tariff protection are also the most easily abused. " What are those arguments? Why are they
    5·1 answer
  • Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After
    13·1 answer
  • Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell devote
    5·1 answer
  • Three ways a business can promote products and services and describe the strengths and weaknesses
    5·1 answer
  • In order for a lead to be considered a sales prospect, the lead must have a need for the salesperson's product.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!