Answer:
Of course a sales agent can be involved, although they will probably charge a fixed amount and not a sales percentage. Many people probably need the help of a sales agent to fill out legal forms, including contracts, etc. Not everyone has the knowledge to prepare them or simply fill them out, and a sales agent can be helpful.
Answer:
B. There is no contract
Explanation: A contract is an agreement between two or more people to enter into a relationship which can be a business relationship or other types of Relationship.
FOR A CONTRACT TO BE BINDING IT MUST MEET CERTAIN CRITERIA WHICH INCLUDES
(1) CONSENT OF THE PARTIES INVOLVED.
(2) THE PARTIES INVOLVED MUST BE OF SOUND MIND ESPECIALLY AS AT THE TIME THE CONTRACT IS BEING SIGNED
(3) THE CONTRACT MUST BE LEGAL ETC.
Between Jane and Al there is no contract as Al does not agree with the proposal of Jane.
In the product markets of the circular flow model, households provide <u>Consumption Spending (or Revenues) </u>to the business sector in exchange for goods and services.
Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.
To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.
To know more about consumer spending, click here:-
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Answer:
b) Offer similar loans to the poor.
Explanation:
Muhammad Yunus is a Bangladeshi economist, and civil society leader who was awarded the Nobel Peace Prize for the concepts of microcredit and microfinance, which provided loans to entrepreneurs too poor to qualify for traditional bank loans. According to my research on Yunus's teachings, I can say that based on the information provided within the question his success created an incentive for other banks to offer similar loans to the poor.
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Answer:
a. 32 refrigerators
b. 29 refrigerators
Explanation:
a. The computation of the economic order quantity is shown below:


= 32 refrigerators
The carrying cost is come from
= $500 × 20%
= $100
b. And, the reorder point is
= Annual demand ÷ total number of days in a year × lead time + service level × Standard deviation during lead time
= 500 ÷ 365 days × 7 days + 1.90 × 10
= 29 refrigerators