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Leni [432]
3 years ago
8

Jackson offers to pay Casey $50 for his used business law textbook. Casey agrees to sell it for that amount. They agree to meet

one week later to exchange the money for the book. Casey and Jackson have formed:_______.a. a bilateral contract.b. a unilateral contract.c. no contract.d. a formal contract.
Business
1 answer:
Gennadij [26K]3 years ago
7 0

Answer: A bilateral contract. Option A.

Explanation: A bilateral contract is one in which both parties are bound by their promise to fulfill their side of the bargain.

Therefore by Jackson and Casey agreeing to meet to exchange book for money, they have formed a bilateral contract, because each of them has agreed to fulfill his end of the bargain.

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If a society decides to produce consumer goods from its available resources, it is answering the basic economic question,
dexar [7]

Answer:

What to produce?

Explanation:

What to produce?

Due to the fact that resources are scarce, a producer has to decide what he wants to produce.

In the question above, the consumer has decided to produce consumer goods.

How to produce?

The producer has to decide on the optimal production method to employ. It has to decide whether a labour or technology intensive production method would be better .

For whom to produce?

A producer has to answer this question in order to be able tailor his product to perfectly suit his target customers. The producer has to decide if to produce for young people, middle aged people or the elderly or sell to the poor or rich.

I hope my answer helps you

6 0
4 years ago
Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
Aleks [24]
3
That’s because all other ones are more positive and things you would like. Hope this helps! Please mark brainlist!
3 0
3 years ago
Read 2 more answers
The business of streaming video is radically different from DVD-by-mail in several key ways, including content costs, content av
elena-s [515]

Answer:

The answer is true

Explanation:

The video streaming industry is vastly different from the DVD-by-mail rental industry. Curiously enough, one company has navigated both industries succesfully: Netflix was born as a DVD-by-mail service, and now is one of the most well-known streaming services.

6 0
3 years ago
1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?
Andrews [41]

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

3 0
3 years ago
Superior has provided the following information for its recent year of operation: The common stock account balance at the beginn
yKpoI14uk [10]

Answer: $22000

Explanation:

The amount of Superior's dividend declarations during its recent year of operation will be calculated thus:

Ending retained earnings ($91000) = Beginning retained earnings ($75000) + Net income ($38000) - Dividend declared

$91000 = $113000 - Dividend declared

Dividend declared = $113000 - $91000

Dividend declared = $22000

Therefore, Superior's dividend declarations during its recent year of operation is $22000

7 0
3 years ago
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