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Snowcat [4.5K]
3 years ago
12

Dealer markets are characterized by: no time-consuming search for a fair deal. a guarantee of order fulfillment because the deal

er holds an inventory of securities. improved market efficiency because dealers provide continuous bid and ask prices for securities. all of the above characterize dealer markets.
Business
1 answer:
MAVERICK [17]3 years ago
3 0

Answer:

all of the above characterize dealer markets.

  • no time-consuming search for a fair deal.
  • a guarantee of order fulfillment because the dealer holds an inventory of securities.
  • improved market efficiency because dealers provide continuous bid and ask prices for securities.

Explanation:

A dealer market is a market where financial dealers post their trading prices (the buying and selling price of stocks, bonds, foreign currency, etc.). The largest dealer market in the US is Nasdaq where stocks are traded electronically. The main difference between a dealer market and a regular auction market like the NYSE is that no bidding takes place since operations are done in a split second.  

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Parsley, a world-famous chef, signs a contract to give lessons in French cooking to Curry. Parsley wants to transfer his duties
Margarita [4]

Answer:

C. <u>not valid because performance depends on Parsley's personal skills</u>

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

8 0
4 years ago
Will the grading period effect what college you will go to later on?<br> A (True)<br> B (False)
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Answer: A

Explanation:

8 0
3 years ago
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Vandana shiva agrees that the green revolution has increased agricultural output and household incomes, but she is concerned abo
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7 0
3 years ago
Example of the business that mainly belongs in the client service group is ​
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Accounting, Landscaping, Cleaning

Explanation:

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3 years ago
The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contr
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Answer:

If volume reaches 500 units, net income will be: $715

Explanation:

When  volume of sales was at 400 units:

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Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75

If volume reaches 500 units:

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