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rjkz [21]
3 years ago
5

Revenue & Sales Corporation and Software, Inc., enter into a contract for the design of custom software for which Revenue &a

mp; Sales agrees to pay $64,500. Software transfers the right to payment under the contract to CreditLine LLC. This transfer is​
Business
1 answer:
Colt1911 [192]3 years ago
6 0

Answer:

An Assignment

Explanation:

Assignment in contract occurs when a party to a contract transfers the contract's obligations and benefits to another party so that the new party can take over the contacts obligation and right.This is guided  by an assignment agreement that shows the intent to transfer the rights and obligation.

The process of contract assignment involves the assignor and the assignee. The assignor is the party that transfers its right and obligation while the assignee is the party that receives the right and obligation

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dsp73
Changing prices to attract customers is most difficult in a "<span>purely competitive market"

Hope this helps!</span>
8 0
3 years ago
Jamison Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank
Alex787 [66]

Answer:

c. $15,065

Explanation:

In bank reconciliation the book balance is adjusted using some adjustments made by the the bank and still pending by the business. We make an adjusted balance of cash book balance and bank statement balance to reconcile the amounts.

Cash balance per book 6/30    $13,000

+ Note receivable                      $4,000

- Bank charges                          $35

- NSF check                               <u>$1,900  </u>

Adjusted Cash book balance   <u>$15,065</u>

Note receivable is received in the bank but not been recorded by the business. It will be added to the balance because it will increase the balance.

Bank charges are deducted by the bank but not been recorded by the business it will be deducted.

NSF check have already added by the balance but its not been cleared. So it needs to be deducted form the Book balance.

3 0
3 years ago
Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false
Mariana [72]

Answer:

<u>True</u>

<u>Explanation:</u>

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials,  labor, etc into the goods and services needed by consumers.

8 0
3 years ago
Lakeisha is a management assistant at the Fourth Bank and Trust Company of Pasadena. Wilson is a senior vice president of the ba
Mamont248 [21]

Answer:

d. Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner

Explanation:

In such a situation, Wilson decides to send Lakeisha a letter that:

Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner even though the romantic attraction between Lakeisha and Wilson was very strong and they have become lovers in which Wilson is concerned that the bank and he could be accused of sexual harassment which is why The director of human resources recommends that Wilson and Lakeisha sign a "lovecontract." Despite such arrangements was not a perfect solution to liability.

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3 years ago
Palmetto regional hospital has designed an upcoming research project for determining the best methods for improving patient care
Lina20 [59]
<span>The next step the organization must take in the marketing research process is "Collecting data".
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The Marketing research process refers to an arrangement of five stages which characterizes the errands to be expert in directing an advertising research study. These incorporate issue definition, building up a way to deal with issue, look into plan detailing, field work, information planning and investigation, and generating report and introduction.
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3 years ago
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