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rodikova [14]
3 years ago
7

A(n) ______ is a transaction in which the agreement between two parties is specifically stated, whether orally or in writing.

Business
1 answer:
Georgia [21]3 years ago
3 0

Answer:

Express contract

Explanation:

An express contract is one that is formed when the parties agree to the terms of the contract in writing or orally as at the time the contract is made.

The elements of a contract are clearly stated during the agreement. That is the offer, acceptance, and consideration.

Examples of express contract are real estate contract and employment contract.

On the other hand implied contract are those that are not based on a written contract. For example if a person purchases a television it is expected to power on. This is an implied contract and of the television does not power on the buyer can sue the seller for breach of contract.

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Cheyenne Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $17
shtirl [24]

Answer:

See below

Explanation:

Given the above information, the adjusting entry for Chynne will be;

5 0
3 years ago
5. Describe a firm you think has been highly innovative. Which of the four types of innovation—radical, incremental, disruptive,
Irina18 [472]

Answer:

Apple is the most innovative brand on the face of this earth. It has created iPhone, Mac-book, iPod, iTunes etc. Steve Jobs made it one of the most innovative brand in the world, when he was alive Apple was using disruptive innovation, they were creating totally new and innovative products which the world had never seen before. The way they changed the cell phone industry was simply phenomenal. They came up with iPhone when there was no concept of doing all of your computing works on the phone. But after Steve Jobs, company has almost lost its innovative charm, they could not come up with a disruptive innovation, they have just kept on changing the size, price and features of their iPhone which means they are involved in incremental innovation since after the death of Steve Jobs.

3 0
4 years ago
Lino is a linebacker on his college football team. He is concerned about achieving adequate hydration during intense, hot summer
dybincka [34]

Answer:

C) 14 cups of water

Explanation:

Athletes should consume between 2 to 3 cups of water or other fluids (like Gatorade) for every pound lost in order to prevent dehydration.

If Lino losses 5 pounds during practice, he should drink between 10 to 15 cups of water. Option C, with 14 cups of water is the only option that falls in that range.

3 0
3 years ago
Using the same resources, the country of Zanzibarus produces 12 million pounds of beef or 5 million pounds of pork. Zanizibarus
aksik [14]

Using the same resources, the country of Zanzibarus produces 12 million pounds of beef or 5 million pounds of pork. Zanizibarus has a (n) Comparative Advantage in beef in contrast with pork production. This is further explained below.

<h3>What is Comparative Advantage?</h3>

Generally, Superior performance in one economic activity (such as the production of one product) over another.

In conclusion, Using the same amount of resources, the nation of Zanzibar can produce 12 million lb of beef or 5 million lb of pork. Zanzibar has an n-Comparative Advantage in the beef market compared to the pork market.

Read more about Comparative Advantage

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7 0
2 years ago
What term is used to describe the method that allows coplink to access many different databases of law enforcement agencies with
slamgirl [31]

The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A

This is further explained below.

<h3>What is a multi-dimensional approach?</h3>

Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.

This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.

In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.

The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.

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5 0
1 year ago
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