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Stella [2.4K]
2 years ago
14

Why is representative money more useful than commodity money?

Business
2 answers:
love history [14]2 years ago
8 0

<span>Representative money is portable, durable, divisible, and acceptable.</span>

tatuchka [14]2 years ago
8 0

Before the invention of money, people exchanged the goods produced. For example, a corn producer traded with a sugar beet producer. This means that each commodity has an intrinsic value. The problem is that this value is difficult to predict. Representative money has emerged as a way of facilitating trade. Money has peculiar characteristics that differ from commodities. Money is easily carried, highly divisible and accepted by everyone. Since the creation of money, it has become easier to market goods and services.

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Thalia is an employee of Universal Insurance Company. Universal’s employee manual states that workers will be dismissed only for
IrinaVladis [17]

Answer:

Implied covenant of good faith

Explanation:

With respect to the employment-at-will doctrine, this is implied covenant of good faith.

The employment - at - will - doctrine has three major laws which are public policy, implied covenant of good faith and implied contact.

The above scenario is an example of implied covenant of good faith which states that no employer can dismiss or discharge an employee without any plausible reason that makes sense or without proving the employees lack of worth to the company.

3 0
3 years ago
Which business letter feature is found at the top of the page?
kvv77 [185]

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Explanation:

8 0
3 years ago
Question 13 What is the value of Country 2's net exports?
blondinia [14]
Option B, $45 Billion
6 0
2 years ago
Travis has a 2,400 square foot home. He is self employeed and uses one room of his home exclusively for his business. The area o
Montano1993 [528]

Answer:

$500;$810

Explanation:

Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses

Calculation for deductible indirect expenses.

First step is to calculate the utilities

Utilities= $3,000 x (240/2,400)

Utilities= $3,000 x 10%

Utilities= $300

Second step is to calculate the property taxes

Property taxes= $1,500 x 10%

Property taxes= $150

Third step is to calculate the mortgage interest

Mortgage interest= $3,600 x 10%

Mortgage interest= $360

Now let calculate the deductible indirect expenses.

Deductible indirect expenses=$300+$150+$360

Deductible indirect expenses=$810

Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.

4 0
2 years ago
You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost
Trava [24]

Answer:

The value that should be placed when analyzing the option of using the house as a professional office is $242,880

Explanation:

In calculating cash flow of a project, opportunity cost is very important hence be made part of the cash flow

Incremental cash flow = Appraisal on the house - Real estate fees

=$264,000 - $21,120

= $242,880

7 0
2 years ago
Read 2 more answers
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