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rewona [7]
3 years ago
14

On October 2 a buyer made an offer, which he agreed to keep open for three days. The seller made a counter offer, which the buye

r rejected. The seller then accepted the original offer. The status of the original contract is:a. unenforceableb. enforceablec. voidd. valid
Business
1 answer:
Alisiya [41]3 years ago
8 0

Answer:

Void

Explanation:

As long as the seller made a counter offer, this counter offer made by the seller automatically leads to the rejection of the original offer from the buyer. In this light, as long as the original contract has been rejected by the seller, it is impossible for the seller to then change his mind and make a decision to accepting the original contract because at this point, the contract is void.

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Laws represent the standards of ________ behavior.
Leona [35]

Answer:

B. legal

Explanation:

Law -

Law refers to the combination of rules and regulation , which are made and acted in order regulate conduct and management , in the society , is referred to as law.

These rules need to be followed by each and every individual , and there are strict outcome of not following the rules of law.

It is also known as the art of justice and is a the legal material .

Hence , from the question,

The correct term from the given option is legal behavior.

7 0
3 years ago
Bond outstanding with a coupon rate of 5.66 percent and semi-annual payments. The bond has a yield to maturity of 6.3 percent, a
vagabundo [1.1K]

Answer

Price of bond = 17.96825

Explanation:

Bond price = ∑(C / (1+YTM)^{n} )+  P /(1+i)^{n}

where

            n = no. of years

            C = Coupon payments

            YTM = interest rate or required yield

             P = Par Value of the bond

put values in above equation

  price = (5.66%/2) × 2000 × (0.31746) + ( 2000 ÷ 4.595×10^{18})

            = 17.96825

3 0
3 years ago
Chubbs Inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following data.
r-ruslan [8.4K]

Explanation:

a. Manufacturing overhead Flexible budget report

                                Budget      Actual      Favorable (Unfavorable)

Variable cost          

Indirect material      $11,100      $14,900     $3,800  U

Indirect labor           $11,000     $9,600      $1,400   F

Utilities                     $7,700      $9,100       $1,400   U

Maintenance            $5,500     $4,800      $700     F

Total Variable cost  $35,300    $38,400    $3,100  U

Fixed expenses

Supervisory Salary    $36,700   $36,700     0

Depreciation              $6,100       $6,100      0

Property, taxes          $7,400       $8,500    $1,100    U

Maintenance              $4,900      $4,900     0            U

Total fixed expense  $55,100     $56,200  $1,100    U

Total controllable

cost                             $90,400    $94,600   $4,200 U

b.          Manufacturing overhead Responsibility report

Controllable cost     Budget      Actual      Favorable (Unfavorable)

Indirect material      $11,100      $14,900     $3,800  U

Indirect labor           $11,000     $9,600      $1,400   F

Utilities                     $7,700      $9,100       $1,400   U

Maintenance            $10,400    $9,700      $700      F

Supervisory salaries$36,700   $36,700     0

Total                          $76,900   $80,000    $3,100  U

8 0
3 years ago
The difference between slope and elasticity is that slope _________.a. is a ratio of two changes, and elasticity is a ratio of t
jekas [21]

Answer:

c. measures changes in quantity demanded more accurately than elasticity.

Explanation:

Base on the scenario been described in the question, slope measures changes in quantity demanded very accurately compared to elasticity. The main for this reason is that m, slope and elasticity are not the same concepts. Slope evaluates the

flatness or steepness of a line in terms of the evaluating units for price and quantity, while elasticity evaluates the relative response of quantity to changes in price.

4 0
3 years ago
Read 2 more answers
The economic development of a country is dependent on all of the following except Part 2 A. improving education. B. limiting pro
Stolb23 [73]

The economic development of a country is dependent on all of the following except promoting protectionist barriers. Hence, option D is correct.

What is Economic Development?

  • Economic and social development is the process through which the economic well-being and quality of life of a country, region, local community, or an individual are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector.
  • Although the phrase has been widely used in the 20th and 21st centuries, the idea has been around in the West for much longer.
  • The terms "Westernization," "industrialization," and "modernization" are also frequently used when referring to economic progress. Prior to the 1960s, economic development programs tended to place more of an emphasis on infrastructure and industrialization than on reducing poverty.

Know more about Economic Development brainly.com/question/22690298

#SPJ4

5 0
1 year ago
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