_____ refers to what each party gets in exchange for his or her promise under a contract.

1 answer:

4 0

Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.

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"The MSRB online system that gives non-professional investors key information about municipal securities, including issuer finan

oee [108]

Answer: EMMA

Explanation:

MSRB is an acronym for The Municipal Securities Rulemaking Board and it is a body that is in charge of the regulating the body that gives policies and rules for the financial institutions that issue and sell municipal securities.

EMMA gives non-professional investors key information about municipal securities, including issuer financial disclosures, notices of material events, real-time prices, and market statistics.

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2 years ago

If the price elasticity of demand for apples is 1.20 (absolute value), then the demand is _____ and total revenue will ______ if

Ludmilka [50]

Answer:

The correct answer is: price elastic; increase.

Explanation:

The price elasticity of demand for apples is 1.2.

This implies that the demand relatively prices elastic.

Elastic demand means that a proportionate change in the price of apples will cause more than proportionate change in the quantity demanded.

A decrease in the price of apples will cause its quantity demanded to increase by more than proportionate. This will cause total revenue to increase.

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2 years ago

If the firm had a pronounced seasonal sales pattern or if it grew rapidly during the year, how might that affect the validity of

Lerok [7]

Answer:If the firm had sharp seasonal sales patterns, or if it grew rapidly during the year, many ratios would most likely be distorted.

Explanation: Fluctuations in Economics patterns have distorting effects on the ratios of a company or an economy especially if the the seasonal patterns has been consistent for a certain period. THE VALIDITY OF MOST RATIOS ARE SEVERELY AFFECTED BY SHARP CHANGES WHICH MAKES ECONOMIC WATCHERS FEEL THE RATIOS ALREADY ANALYSED ARE NOT VALID.

A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.

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2 years ago

# 8 & # 9 please .. I appreciate it

KatRina [158]

#8 is C. Unfortunately I do not know #9.

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2 years ago

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employme

nydimaria [60]

Answer:

The elasticity of labor is elastic (low elastic).

Explanation:

The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.

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2 years ago