The contract piece of information in the sales contract does not help the parties specify exactly which property is being purchased.
As explained above, the sales contract should include buyer and seller information, legal description of the property, closing date, down payment amount, contingencies, and other important information about the sale. The essential elements of a sales contract are: (b) identify the subject; (c) prize money or its equivalent;
As a general rule, the full sales contract clause should state that the written contract constitutes the entire agreement between the parties. The clause must also state that the contract supersedes any previous agreements between the parties.
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Answer:
The correct answer is C
Explanation:
Competitive disadvantage is the described as the situation or circumstance which is unfavourable and it causes the firm or business to under perform the industry .
The competitive disadvantage cost is the cost or an expense which cost the firm or industry or the business to under form because of disclosing the pricing strategies of the company or business. Therefore, it as an competitive cost or an expense of disadvantage.
Answer:
Dr. Truck $80,869
CR. Note Payable $80,869
Explanation:
Note issued is a liability instrument. It is a promise of payment f principal amount and interest after a specific period of time. Zero interst interest bearing not does not offer any interest payment but it is issued at a discounted price . Present value of Note payable is the value that should be recognised as a cost of the truck.
Now calculate the present value of the Note.
PV of Zero coupon bond = FV / ( 1 + r )^n
Where
FV = FV maturity value of the note = $118,400
r = Interest rate = 10%
n= numbers of period = 4 years
Placing Values in the formula
PV of Zero coupon bond = $118,400 / ( 1 + 10% )^4
PV of Zero coupon bond = $80,869
Other things being equal,foreign governments and corporations would demand <u>More</u> U.S.funds if their local interest rates were suddenly higher than U.S. rates.For a given foreign interest rate level,foreign demand for U.S. funds is <u>inversely </u>related to U.S.interest rates.
Answer: More;inversely
<u>Explanation:</u>
U.S. funds represent the funds that are available for borrowing and interest rates means cost of those borrowings.Other countries can buy U.S funds.There is inverse relationship between U.S. interest rates and foreign demand for U.S. funds.If U.S. interest rates are higher than a given foreign interest rate, than foreign governments will demand less of U.S funds because it will be costlier.But on the other hand if U.S.interest rates are less than a given foreign interest rate,than other countries will demand more of U.S. funds because it will be cheaper for them.
So demand curve for U.S funds and U.S interest rates is downward sloping.It has negative slope.
That seems true if its a true or false question