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Setler79 [48]
3 years ago
8

Zack enters into a contract to buy Olivia’s home. Per the terms of the contract, Zack must put down a $10,000 earnest money depo

sit and have the property inspected within five days. In reality, he puts down a $12,000 deposit and has the property inspected within two days. This is an example of ______.
Business
1 answer:
Nastasia [14]3 years ago
4 0

Answer:

performance of a contract

Explanation:

When you enter a contract you can perform your part of the contract, not perform your part of the contract or partially perform your part of the contract. In legal terms, there is no such thing as over performance.

in this case, Zack performed his part of the contract. Him making a slightly higher deposit or getting the inspection done before the due date, will not alter the total consideration of the contract, e.g. selling price will remain unchanged and the house will be the same one.

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If your unemployment rate is high, that means you're making less money in all. If many people are without jobs, that means your labor force is also weak. Your employers will make a lot of cutbacks. 
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Rowan Company has four different categories of inventory. The quantity, cost, and market value for each of the inventory categor
luda_lava [24]

Answer:

The correct answer is that the valuation would decrease total assets and stockholders’ equity by $101.00

Explanation:

Item             Cost                      Market price            Impact

Quantity

1 220 $ 4.40  $ 4.60        no impact as cost is lower

2 130 $ 6.20  $ 6.00 ($6.20-$6.00)* 130=$26

3 100 $ 10.00  $ 9.25 ($10-$9.25)*100    =$75

4 25 $ 20.50  $ 25.00 No impact as cost is lower

The total reduction in the value of inventory as a result of adopting the lower of cost or market price valuation is $101 ($75+$26),hence decreases total assets by $101 and the stockholders' equity(retained earnings which is a component of stockholders' equity ) by the same amount

3 0
3 years ago
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Money market mutual funds
katen-ka-za [31]

Answer:

c. carry no loads.

Explanation:

  • They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers.
  • They are made with the goal of maintaining high stable assets values by liquid investments.
  • Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.  
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3 years ago
Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to se
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Answer:

Employability.

Ethics.

Systems.

Teamwork.

Career development.

Problem solving.

Critical thinking.

Information technology application.

Explanation:

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3 years ago
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IBM's Smarter Planet campaign markets IBM as a company that provides innovative solutions that improve the world's IQ. This is a
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IBM's Smarter Planet campaign markets IBM as a company that provides innovative solutions that improve the world's IQ. This is an example of organization marketing.

<h3><u>Explanation:</u></h3>

Marketing function plays a vital role in the success of any company. It is the process by which the companies will first find the potential markets for selling their products and then promote their products saying how they vary from the other similar products.

Organisation marketing is the strategy that is being used by the business  but a difference is that here customers will buy their products and do not used those products personally. In the example given, IBM markets innovative solutions that helps in improving the Intelligence Quotient. This acts as an example of  organization marketing.

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