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Hatshy [7]
3 years ago
5

In an output contract, the seller can operate a factory on a 24-hour-a-day schedule and can legally require that the buyer take

all of the output, when that same seller had operated only eight hours a day at the time the contract was made and the buyer relied on the eight-hour-a-day operating schedule at the time the contract was entered into ____.
Business
1 answer:
Len [333]3 years ago
5 0

Answer:

yes

Explanation:

You might be interested in
This is a partial adjusted trial balance of Pharoah Company. PHAROAH COMPANY Adjusted Trial Balance January 31, 2022 Debit Credi
Lelechka [254]

Answer and Explanation:

The closing entries are shown below:

1.  Service revenue $4,350

              To Income summary 4,350

(Being the closing of service revenue is recorded)

For recording this we debited the sales revenue as it has normal credit balance so to close it we debited it and credited the income summary

2. Income summary $3,180

        To Supplies Expense  $870

         To Insurance Expense $540

         To Salaries and Wages Expense $1,770

(Being the closing of all expenses is recorded)

For recording this we debited the income summary and credited all expenses as it has normal debit balance so to close it we credited it

3. Income summary $1,170                 ($4,350 - $3,180)

          To Retained earnings $1,170

(Being the net income or loss is closed)

Since the revenue is more than the expenses so it would leads to net income and for recording this we debited the income summary and credited the retained earning so that the closing of the net income is recorded

7 0
2 years ago
Pestro manufactures a herbicide that is used in the parks in Metroville. After the parks were sprayed with the herbicide, a grou
Free_Kalibri [48]

Answer:

d. bring suit against Pestro under Section 402A even though there is no privity.

Explanation:

Section 402A enforces strict liability for physical harm that is caused a by the product sold to a buyer by a seller.

It states that if a seller sells a defective product that is unreasonably dangerous to an end user, the seller will be liable for any physical harm that results from its use.

Privity is when a contractual relationship exists between different parties in a transaction.

In the given scenario even without a privity the parents of the children and the dogs can bring suit against Pestro under Section 402A even though there is no privity.

They don't have to have a direct contractual relationship with Pestro.

4 0
2 years ago
True or false? the internal revenue code forbids nonprofit hospitals to make a profit.
andrew11 [14]
That is FALSE

hope i helped
7 0
2 years ago
If a project activity experiences positive variation:
kari74 [83]
<span>The project management office (PMO) helps an organization develop project management skills.
</span>If a project activity experiences positive variation: the following activity can be started earlier than anticipated.
4 0
3 years ago
In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,
nordsb [41]

Answer:

Option A is correct.

deficit; negative

Explanation:

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade <u>deficit </u>and <u>negaive</u> net capital outflow.

This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.

6 0
2 years ago
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