1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
densk [106]
3 years ago
15

Suppose your boss tells the people you work with, "If any worker shows up at my house on Saturday and helps me clean my pool for

three hours, I will pay the worker $75." You show up and help with the pool cleaning. What type of contract did you and your boss create?
Business
1 answer:
ozzi3 years ago
6 0

Answer:

Unilateral contract

Explanation:

An unilateral contract is a contract that can only be enforced when the performing party performs the action that he agreed upon. It is only when this actions is completed, that the offering party is obliged to make a payment.

In this case, your boss has offered $75 if you clean the pool. This is an unilateral contract because your boss is only obliged to pay that money once you finished cleaning the pool. If you never clean the pool, you simply will not receive the $75.

You might be interested in
Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $750. He pays a sales commission of 15%
Rudik [331]

Answer:

Stanley's Bicycles contribution margin is $7,500

Explanation:

<u>Stanley's Bicycles Contribution Margin Income Statement for the month of June</u>

Sales ($750 x 200)                                                       $150,000

Less Variable Costs :

Costs of Sales ($600 x 200)                  $120,000

Commissions ( $150,000 x 15 %)            $22,500    ($142,500)

Contribution                                                                     $7,500

Less Fixed Costs

Rent                                                             $1,400

Salaries                                                       $3,000       ($4,400)

Net Income                                                                       $3,100

Conclusion

Contribution Margin is Sales less Variable Costs. Therefore, Stanley's Bicycles contribution margin is $7,500

3 0
3 years ago
Should companies be allowed to force stores to obey minimum prices? Yes or no? Explain the reason why you chose yes or no?
Viktor [21]
Yes, stores should be forced to obey minimum prices for a good or a company that is selling a service should as well. They should have to obey by this so that price competition isn't ongoing in the market. Larger producers can often charge a smaller amount for a product because they are producing them in high qualities. By charging less it gives them a competitive advantage over their competition in means of price. Unless the item is on clearance because a company is discontinuing stock of that item, they should have a set minimum as they do a set maximum they are allowed to charge for that item. 
3 0
3 years ago
As we consider process improvement efforts, when we identify the needs and
Aliun [14]

Answer:

The answer is A

Explanation:

Voice of the Process

4 0
2 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible A
marin [14]

Answer:

$5,230

Explanation:

Account receivable balance = $310,000

Credit balance in allowance for uncollectible accounts = $970

Given percentage = 2%

So by considering the above information, the bad debt expense is

= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts

= $310,000 × 2% - $970

= $6,200 - $970

= $5,230

7 0
2 years ago
Supply chain management refers to Question 13 options: A) how the firm compensates the employees who work on the firm's internal
Elden [556K]

Answer:

C

Explanation:

The decisions around which stages of production to handle internally and which to buy from others

5 0
3 years ago
Read 2 more answers
Other questions:
  • Bob is training for a triathlon, a timed race that combines swimming, biking, and running.Consider the following sentence: Bob h
    8·1 answer
  • For much of the first half of the twentieth​ century, managers viewed work specialization as​ ________.
    8·1 answer
  • Which of the following accounts would be closed at the end of the year using the perpetual inventory​ system? A. Accounts Payabl
    7·1 answer
  • One problem with relying on eidetic imagery to study for tests is that ________. you remember too much material and the professo
    8·1 answer
  • Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: a. no pollution
    11·1 answer
  • Piper Corporation’s standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company work
    6·1 answer
  • Firms with a(n) _________________ orientation spend little on marketing research and planning, target customers indiscriminately
    5·1 answer
  • Coastal Shores Inc. (CSI) was completely destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory
    9·1 answer
  • Music Masters sells a unique assortment of sheet music including just about any published music ever written before 1970. Its cu
    14·1 answer
  • The May transactions of Hanschu Corporation were as follows.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!