Government issued picture ID, as well as a second form of ID. Preferably a social security card.
Answer:
The answer is low ball procedure
Explanation:
A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. once the customer has agreed to buy the car, the terms of the sale are shifted, by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. now the car costs well above the current market rate. this is an example of the <u>Low ball</u> procedure.
The low-ball is an influence and selling method where a product or service is offered at a lower cost than is really expected to be charged, after which the cost is raised to expand benefits. Moreover, it is utilized in deals situations to induce clients to buy items, and in different circumstances as a consistence picking up methodology.
Answer:
Allocative Efficiency
Explanation:
Allocative efficiency takes place when the consumer's preference towards a particular good is the most which are measured by their willingness to pay to get it. This leads to achieving the optimum distribution.
In the given scenario, allocative efficiency is violated as Miami Heat is going to sign their desired product i.e. LeBron James who is a star player but they were not willing to pay the maximum to get him and rather got him anyway. Thus, the optimal distribution is not achieved.
Answer:
The answer is $358,169.53
Explanation:
Present value(PV) is $200,000
Interest rate(r) is 6%
Number of years(N) is 10years
The formula for finding future value is
FV = PV(1+r)^n
=$200,000(1+0.06)^10
$200,000(1.06)^10
$200,000 x 1.790847697
= $358,165.53
Alternatively;
Lets use a financial calculator
N = 10; I/Y = 6; PV = -200,000; PMT=0; CPT FV= $358,169.53
NOTE: The difference in final value result is due to the rounding off of decimal point.
Answer:
c. allow the buyer to reject the goods for any reason.
Explanation:
Under a destination contract, the seller usually bear the risk until the goods get to and are accepted by the buyer. The carrier is the responsibility of the seller and the risk of loss is on the seller until he completes his delivery obligation.