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azamat
3 years ago
6

The real estate contract for a specific property for use as an unlicensed petroleum sales operation was forced to terminate.

Business
1 answer:
motikmotik3 years ago
8 0

Answer: A. Impossibility of performance

Explanation:

Impossibility of contract is a doctrine where by a contract is rendered invalid on the bases of uncontrollable circumstances which renders performance of contract impossible. Impossibility of performance can be difficult to prove.

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You will not hurt your credit rating if you:
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You will not hurt your credit rating if you pay off bills before they are due, D.
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3 years ago
Suppose that real GDP is currently ​$13.55 trillion and potential real GDP is​ $14.0 trillion, or a gap of ​$500500 billion. The
Georgia [21]

Answer:

$100 billion

Explanation:

Real GDP is currently = ​$13.55 trillion

Potential real GDP =​ $14.0 trillion

Gap = ​$500 billion

Government purchases multiplier = 5.0

Tax multiplier = 4.0

To increase aggregate demand by $500 billion, the required increase in government expenditure is:

= (1 ÷ government purchases multiplier) × change in aggregate demand

= (1 ÷ 5) × $500

= $100 billion

Therefore, the government expenditure need to be increased by $100 billion.

6 0
3 years ago
Spencer Co. has a $280 petty cash fund. At the end of the first month the accumulated receipts represent $51 for delivery expens
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Answer:

Credit to cash $230

Explanation:

Preparation of the Journal entry for the reimbursement of the account of Spencer Co.

Based on the information given we were told that the company spent the amount of $51 for delivery expenses, the amount of $159 for merchandise inventory, and the amount of $20 for miscellaneous expenses from their petty cash fund at the end of the month, which means that the journal entry to record the reimbursement of the account will be:

Dr Delivery expenses $51

Dr Merchandise inventory $159

Dr Miscellaneous expenses $20

Cr Cash                                  $230

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7 0
3 years ago
On the basis of the three Individual demand schedules below, and assuming these three people are the only ones in the society, d
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Answer:

Demand

Public Good

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42.....1

36....2

30....3

24....4

18.....5

12.....6

6.....7

2....8

Explanation:

6 0
4 years ago
Intermediaries in indirect channels of distribution: a. Often perform functions that producers cannot perform efficiently by the
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Answer:

A. Often perform functions that producers cannot perform efficiently by themselves.

Explanation

indirect distribution channel of distribution can be regarded as one that depends on intermediaries in order to carry out most or all of their functions of distribution , they are regarded as wholesaler. indirect distribution can also be explained as selling of wholesale producys to the agents/retailers in order for them to distribute the product so it can get to consumers. It should be that Intermediaries in indirect channels of distribution Often perform functions that producers cannot perform efficiently by themselves.

3 0
3 years ago
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