The effect on the financial reporting of the company is that the liabilities on the balance sheet would be understated. This is because at the end of the year, a possible event was calculated. The management felt from the calculation of that event that it is possible that the event could become an actual liability and that the amount could be estimated explainably. So it would become understated if these calculations of probable events cannot be written down in the balance sheet or in the notes of the final statements. It is like a forecasting of possible events that may happen in the future to prevent losses in the company.
Economists use the phrase "trade creates wealth" to ask the positive gains enjoyed by both buyers and sellers when they trade.
How do economists define the law of demand ?
The Law of Demand states that other things being constant, a rise in the price of a good lowers the quantity demanded of that good, while a decrease within the price of a good raises the quantity demanded of that good.
What is opportunity cost economics ?
the most desirable alternative given up as the result of a decision. thinking at the margin. the method of deciding whether to do or use one additional unit of some resource. cost/benefit analysis.
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This scenario has elements of Bait and switch pricing practice.
Explanation:
Bait and switch is a marketing trick that attracts customers to sell items that are not available for a similar pricing product at low prices. This is a method of retail sales fraud, although in other ways it takes place. Although many countries include laws against baiting and flipping, not all incidents are fraud.
Many activities are also common in bait and switch-like strategies:
- Many unethical brokers in the real estate industry may sell a huge property at a price that is too good for prospective purchasers. The land affected is no longer accessible once it is on board.
- In restaurants and supermarkets, nearly one-third of fish sold as one species (and thus priced) is also a kind of fish that is less expensive.
- Hotels have low promotional prices to lure visitors that are eventually impacted by undisclosed resort fees or other unforeseen minimum transparency fees.
- When trying to collect resumes, recruiters will post appealing and fake jobs.
Answer: Franchise agreement
Explanation: Before a third party can be licensed to use a proprietary software, document, brand name or other licensed materials, goods, product or trademark, there must be an agreement between the franchisor (Theodore and James) and the franchisee ( organizations or individuals who wish to use the franchisor's product) called the franchise agreement. These provides a legal bond between both parties which outlines terms and conditions of use pertaining to the franchisor's brand name or proprietary product. The franchisee offers something in return for the grant which is usually a Monetary package.
The function of the organelles that are labeled F is to move proteins and other substances through the cell. Thus the correct answer is C.
<h3>What is Organelles?</h3>
Organelles are tiny structures in the cytoplasm that perform tasks crucial for a cell to stay in balance. In the diagram, the organelle designated "F" is the endoplasmic reticulum.
They carry out a variety of tasks inside cells, including the creation of energy and the synthesis of proteins and secretions.
Therefore, option C to move proteins and other substances through the cell is the appropriate answer.
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