Is currency needed in a fully automated world?

Madison promises Grace $10 if Grace collects her dry cleaning for her. This is an example of a(n) ________ contract. Group of an

alexira [117]

It is an example of unilateral contract.

A unilateral contract expressly states that payment will be made solely via the performance of one party.

A unilateral contract is a business arrangement in which an offeror commits to pay when a certain act occurs. A award or a contest is another example of a unilateral contract. In a unilateral contract, the offeror has the right to rescind the offer before the offeree starts performing. Typically, the revocation must be expressed.

In general, unilateral contracts are utilized when an offeror has an open request for payment for a specific conduct.

Therefore, the answer is unilateral contract.

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8 0

2 years ago

Muller’s Investigative Services has stock trading at $80 per share. The stock is expected to have a year-end dividend of $4 per

Natalija [7]

Answer:

The forecast of growth is 9%

Explanation:

The dividend discount model is used to discount future dividends at the cost of equity to find the Value of the stock and is appropriate to use in this instance

SP = D1/r - g

What we have D1 $4, SP $80, r 14% we need to find the forecast of growth

Plug in the values in the formula

80 = 4/ 0.14 - g

80(0.14-g) = 4

80(0.14-g)/80 = 4/80

0.14 - g = 4/80

-g = 4/80 - 0.14 = -0.09

g = 0.09/9%

4 0

3 years ago

Audreys free-throw percentage so far this season is .875. If she makes only 13 of her next 20 free throws, her percentage will d

otez555 [7]

Answer:

245 free throws

Explanation:

x will be number of times Audreys makes a shot, and let y be total number of the shots.

x/y = .875

(x+13)/(y+20) = .860

Let solve for x in equation 1

x = .875y

We will plug the for x in the equation 2

(.875y+13)/(y+20)

= .860

.875y + 13

= .860y + 17.2

.015y = 4.2

y = 280

Audreys has taken 280 shots.

We will Plug that back into the equation 1 in order to find out how many Audreys made.

x/280 = .875

x = 245

Hence :

Audreys made 245 free throws

6 0

4 years ago

The practice that involves short-term trading of mutual funds seeking to take advantage of short-term discrepancies between the

Diano4ka-milaya [45]

Answer:

A. Market Timing

Explanation:

Based on the information provided within the question it can be said that the term being described within the question is called Market Timing. Like mentioned in the question this term refers to a strategy of buying and selling different financial assets, usually by trying to take advantage of price discrepancies in the short term.

8 0

3 years ago

Presented here are liability items for Teal Mountain Inc. at December 31, 2020. Accounts payable $321,850 FICA taxes payable $15

Maksim231197 [3]

Answer:

Total Liabilities = $2,888,450

Explanation:

Teal Mountain Inc.

Balance Sheet

As of December 31, 2020

Current Liabilities 

Accounts Payable $ 321,850

FICA taxes payable $15,990

Notes Payable $41,000

Interest Payable $82,000

Unearned Rent Revenue $492,000

Income Taxes Payable $7,175

Sales Taxes Payable $3,485

Total Current Liabilities $963,500

Long Term Liabilities:

Bonds Payable $1,845,000

Less: Discount on Bonds Payable ($84,050) $1,760,950

Notes Payable $164,000

Total Liabilities $2,888,450

6 0

3 years ago