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valentinak56 [21]
3 years ago
8

A title clause in a contract provides exactly what type of title the buyer is expecting to receive from the seller: Group of ans

wer choices True False
Business
1 answer:
damaskus [11]3 years ago
3 0

Answer:

True

Explanation:

A retention of title clause within a contract of sale essentially means that ownership remains with the supplier, until full payment for the goods has been received. That is the seller of a particular product still holds full custody of his goods until the buyer fully pays for the goods.

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The following situations should be considered independently. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $
Naddika [18.5K]

Answer:

1. John Jamison Approximately how long will it take John to reach his goal?

8.

2. Jasmine Company What is the interest rate implicit in this agreement?

8,77%

3. Sam Robinson What is the annual payment Sam must make to pay back his friend?

2416,815107

Explanation:

                          PV          x Int Rate x+int.rate N y    y*PV  

1. John Jamison 30000 1 10%          110% 8 2,143 64307,6643 64307

       

2.Jasmine Company N Monthly principal interest Net value    

    33.494    

1 6.000 3.062 2.937 30.432    

2 6.000 3.331 2.669 27.101    

3 6.000 3.623 2.377 23.477    

4 6.000 3.941 2.059 19.536    

5 6.000 4.287 1.713 15.250    

6 6.000 4.662 1.337 10.587    

7 6.000 5.071 929 5.516    

8 6.000 5.516 484 0    

       

       

Loan 33494      

Monthly: 8      

Interest: 8,77%      

Monthly payment 6.000      

       

3. Sam Robinson N Monthly principal interest Net value    

                                                       15000    

1 2416,815107 766,815107 1650         14233,18489    

2 2416,815107 851,1647687 1565,650338 13382,02012    

3 2416,815107 944,7928933 1472,022214 12437,22723    

4 2416,815107 1048,720112 1368,094995 11388,50712    

5 2416,815107 1164,079324 1252,735783 10224,4278    

6 2416,815107 1292,128049 1124,687058 8932,299746    

7 2416,815107 1434,262135 982,5529721 7498,037611    

8 2416,815107 1592,03097 824,7841372 5906,006641    

9 2416,815107 1767,154376 649,6607306 4138,852265    

10 2416,815107 1961,541358 455,2737492 2177,310907    

11 2416,815107 2177,310907 239,5041998 0    

5 0
3 years ago
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an
STatiana [176]

Answer:

Quebec, Inc.

Assuming Quebec, Inc. uses FIFO periodic inventory procedures, the ending inventory cost is:

= $2,220.

Explanation:

a) Data and Calculations:

                                  Units   Unit Cost   Total Cost    Units Sold

Beginning Inventory   32         $54            $1,728

Sale No. 1                                                                              10

Purchase No. 1           28           60               1,680

Sale No. 2                                                                            32

Purchase No. 2          20          57                 1,140

Totals                         80                            $4,548             42

Ending Inventory using FIFO periodic inventory system:

Units of ending inventory = 38 (80 - 42)

Units are from:       Units   Unit Cost   Total Cost

Purchase No. 1           18           60       $1,080

Purchase No. 2          20          57          1,140

Ending Inventory       38                    $2,220

7 0
3 years ago
George owns Luxury Yacht Company and has just received an order for one of its luxury models. To protect his company against the
Mariulka [41]

Answer: Letter of credit

Explanation:

 The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.

 The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.        

According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.  

  Therefore, Letter of credit is the correct answer.

3 0
3 years ago
How can parties that have unequal bargaining power negotiate meaningfully, without one party taking advantage of the other?
Bezzdna [24]

Answer:

Negotiation is a technique of Alternative Dispute Resolution (ADR) which retains power to decide the disagreement to the parties included.  

Explanation:

Inequality or unequal bargaining power take place when the provisions/terms of a contract are unjust, unreasonable, and unfair. Negotiation between 2 parties with unequal bargaining power can lead to the stronger party being oppressive at the time of negotiation with the other party having weaker bargaining power which results in unfair consequences for the weaker party.

 To ensure such unfairness does not take place to the weaker party, the alternate remedy is approaching the law. The law does not consent the noticeably unfair use by the stronger party of its advantage in the bargaining power, and would intervene by modifying or setting aside the contract to reinstate equity in negotiation between the parties.  

7 0
2 years ago
According to the concept of organizational demography, if team members have dissimilar experiences, it will lead to ________.A)
solniwko [45]

Answer:

D) higher employee turnover

Explanation:

According to the concept of organizational demography, if team members have dissimilar experiences, it will lead to higher employee turnover.

4 0
3 years ago
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