Answer:
True
Explanation:
If a natural disaster occurs, house insurance can prevent you from further financial loss, as some compensation would be given.
Answer: breach of contract
Explanation:
Some of the duties of an agent include the duty to perform, the duty to account, the duty to notify and the duty of loyalty.
It is the duty of the agent to perform the lawful duties that are expressed in the contract and to also meet the standards of diligence, skill and reasonable care. In such case, an agent who doesn't meet the standards will be liable for the breach of contract.
Answer:
The three major macroeconomic goals of an economy should be economic growth, low unemployment/full employment, and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’
Explanation:
Answer:
yes D is the correct answer
Answer:
The value of current assets are 60,750.
Explanation:
This can be calculated using the current ratio formula as follows:
Current ratio = Current assets / Current liabilities .............. (1)
Where;
Current ratio = 2.7
Current assets = ?
Current liabilities = Total liabilities = 22500
Substituting the values into equation (1) and solve for Current assets, we have:
2.7 = Current assets / 22500
Current assets = 2.7 * 22500
Current assets = 60,750
Note:
It should be noted that in Accounting when no information is given about Non-current liabilities, it indicates that current liabilities are to Total liabilities .
