Answer:
D)grossly inadequate.
Explanation:
From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is
grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.
Answer:
use words that provoke emotion
explanation:
If a company’s own cash records show a balance of $3,200 and service fee charged by the bank $ 100 after reconciliation, the correct balance of cash is: $4500.
<h3>
Correct balance of cash </h3>
Using this formula
Correct balance of cash = Bank balance for cash + Deposits outstanding- Checks outstanding
Where:
Bank's balance for cash = $4000
Deposits outstanding = $2300
Checks outstanding = $1800
Let plug in the formula
Correct balance of cash =$4000+ $2300 - $1800
Correct balance of cash =$4500
Therefore we can conclude that the correct balance of cash for the company is the amount of $4500.
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Answer:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Explanation:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash