The correct answer should be D. Mediagenic
It means that he is very loved by the media. It is like photogenic, except for the media.
Answer:
Yes, the contract is still valid.
Explanation:
Let us first clarify some terms first.
A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.
Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.
Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.
Therefore, as regards to the date on the letter, the contract is still valid.
Answer:
The journal entries are made as follows;
Explanation:
March 2. Account Receivable-Mcleena Co. Dr.$800,000
Sales Revenue Cr.$800,000
Cost of Goods Sold Dr.$540,000
Inventory Cr.$540,000
March 6. Sales Revenue Dr.$140,000
A/R-Mcleena Co. Cr.$140,000
Inventory Dr.$94,000
Cost of Goods Sold Cr.$94,000
Answer:
D) functional allocation
Explanation:
These are the options for the question;
A) overriding royalty arrangement.
B) reversionary sharing arrangement.
C) carried interest.
D) functional allocation.
A sharing arrangement in which only deductible costs are apportioned to the investor, with the sponsor bearing all capitalized costs is called functional allocation.
functional allocation in management involves the act in which employee are grouped in departments according to skills possessed by them or area they specialize in, and these department are been managed by functional leader.. It is very important in business for employees to give their best during production.
