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Setler79 [48]
3 years ago
11

Austin has a contract to sell 500 homemade teddy bears to Ally. The teddy bears typically sell for between $25 and $40. Austin d

elivers the bears to Ally but she refuses to pay, saying she changed her mind and that the contract is not valid because it is missing the price term. Did the price need to be specified in order for this contract to be valid?
Business
1 answer:
Effectus [21]3 years ago
5 0

Answer:

No, price need not be in the contract for the sale of goods under the Uniform Commercial Code, so long as the quantity is specified.

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A company received a bank statement showing a balance of $78,000. Reconciling items included outstanding checks of $2,400 and a
Kisachek [45]

Answer:

Adjusted Bank Balance = $85,000

Explanation:

Adjustment of bank balance is a bank reconciliation procedure, that is used to match the amount in the bank statement with the amount in the company's balance sheet.

To adjust the bank balance, particulars that need to be subtracted or added to the bank statement balance has to be identified and treated accordingly.

For this example, the adjusted balance is calculated thus:

Adjusted bank balance = (Bank statement balance) - (outstanding checks) +(deposit in transit)

Adjusted Bank Balance = 78,000 - 2,400 + 9,400 = $85,000

Note:

outstanding checks are subtracted because they are payments to be made made by the company, representing a liability to the company (payer)

deposit in transit is an income to the company that has not been credited yet, but that will be credited.

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What did u learn about entrepreneurial activities​
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2 years ago
What is essential to successful communication?
V125BC [204]
The ability to listen is essential to successful communication.

Listening does not only mean that you hear what others have to say. When you listen, you also understand the message they are trying to impart. This is to avoid confusion. 

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Based on the specificity and reversibility principle, training during the off-season should?
likoan [24]

Answer:

Off-season training should be focused on building general strength and conditioning in activities that are similar to the sport an athlete. According to the principle of specificity and reversibility, specificity states that the change in physical nature of the body is in line with the training type performed. Reversibility explains how an athlete can lose the effects gained from training from he stops training. Thus to stay fit, off-season training must concentrate on exercises that keeps the body in shape for the same type of sports.

Explanation:

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3 years ago
Floraâs car breaks down, leaving her stranded on the highway in the middle of rush hour. as more and more cars drive past her, f
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The reason why the drivers fail to recognize Flora’s need of assistance and help because of the rush hour that they are currently experiencing. Rush hour is the time when there is a heavy traffic and it is most likely makes the drivers more focus that they don’t have the time to pay attention to other people or the surrounding around them. That’s why Flora is having a hard time having or asking someone for assistance.

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