Answer:
A, discharged
Explanation:
Since the speech to be seen is cancelled well ahead of the due date, then the contract between Ralph and Susan is discharged. There is no more speech to listen to and as such Susan can have her apartment back.
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Answer:
Correct Answer:
4. A low times-interest-earned ratio and a low quick ratio.
Explanation:
A bond rating agencies are organization that helps to find the credit worthiness of a government or corporate bond. is When a firm became rated low by the bond rating agencies, it shows that, it has a low quick ratio (low credit worthiness).
Answer:
C. A Debit Rent revenue for $500.
Explanation:
The journal entry for receiving cash in advance is shown below:
Cash Dr $2,500
To Unearned rent revenue $2,500
(Being the advance cash collected)
But for recognize the revenue, i.e earned from rent, the entry is
Rent revenue Dr $500
To unearned rent revenue $500
(Being the unearned rent revenue is recorded)
Hence, the correct option is C.
Answer:
If the supply of both changes, the computer price will increase more since it has an elastic demand.
Explanation:
Price elasticity of demand can be defined as a measure of how much the demand of a good or service changes with a corresponding change in price. It tries to estimate how much the consumers respond in terms of demand when the price of a good or service changes. The formula for determining the price elasticity of demand is as follows;
E=%D/%P
where;
E=price elasticity of demand
%D=percentage change in the demand which is given as;
%D={(final demand-initial demand)/initial demand}×100
%P=percentage change in price which is given as;
%P={(final price-initial price)/initial price}×100
The measure for the price elasticity of demand is absolute. A good or service can either be elastic or inelastic. A good that is elastic is one whose price elasticity of demand is greater than 1 which means that it's demand is highly responsive to changes in price. On the other hand, a good that is inelastic is one whose price elasticity of demand is less than 1 means that the changes in price do not affect it's demand.
Claims that are payable to a Disability Income insured, even when the insured can continue to work, are the result of a: C. presumptive disability.
<h3>What is an insurance company?</h3>
An insurance company can be defined as a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
<h3>What is a
Disability Income insurance?</h3>
Disability Income insurance can be defined as a type of insurance plan that is designed and developed to provide financial benefits for both non-occupational illnesses and injuries.
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Complete Question:
Claims payable to a Disability Income insured, even when the insured can continue to work, are the result of a
A. Total disability
B. Recurrent disability
C. Presumptive disability
D. Lengthy elimination period