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larisa86 [58]
3 years ago
7

In the contracting process, a licensee must be careful to:__________

Business
1 answer:
olasank [31]3 years ago
7 0

Answer:

c. drafting a contract illegally.

Explanation:

In the contracting process, a licensee must be careful to drafting a contract illegally. The licensee can be defined as an individual or group of people holding a license given to them by an authority or authorized agencies, to engage legally in an activity.

Hence, it is required by law that whatever the licensee does after the acquisition of a license must be legal and not a violation of standard rules, and policies of the state or society. Licensee are to abide by the terms and conditions of the license.

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Timmons Corporation purchases office supplies for $350 cash. How would this transaction be recorded? Multiple Choice Debit Inven
9966 [12]

Answer:

Debit Supplies $350, credit Cash $350

Explanation:

The journal entry for the purchase of supplies is shown below:

Office supplies A/c Dr               $350

   To Cash A/c                                                      $350

(Being the office supplies are purchased for cash)

Since the office supplies are purchased for cash which means the supplies are increased and the cash balance is decreased.

That's why we debited the supplies account and credited the cash account.

3 0
3 years ago
If the dollar contribution margin per unit is increased by 8%, total fixed expenses is decreased by 18%, and all other factors r
satela [25.4K]

Answer:

Increase

Explanation:

Since the Contribution increased and Fixed Costs have decreased, the resulting effect is an Increase in Net Operating Income. Thus, all other factors remain the same, net operating income will: Increase

8 0
3 years ago
Abraham has just purchased his first car. His bank, First State Bank, loaned him the money to buy the car and has required him t
dsp73

Answer:

Option D) Collision,uninsured motorist,comprehensive,and liability coverage.

Explanation:

A Collateral is Simply an item of value used to secure the principal portion of a loan. It is usually required when requesting for loan. It is anything of value that could be used to cover the value of the loan.

Cars has different types of insurance coverage. Some of which are:

1.Liability (required by law)

2.Collision (may be required by lender)

3.Uninsured/Underinsured (optional but recomended)

4.Comprehensive(may be required by lender)

7 0
3 years ago
Select all that apply select the policies that are intended to encourage economic growth.
Travka [436]

If a government is trying to encourage economic growth, they would do all of these things except raise taxes. Raising taxes has the opposite effect and will slow growth because it takes more money out of the economy that could be used for growth and expansion.

5 0
4 years ago
Read 2 more answers
Pilar uses a unique product number for each product in her inventory. she makes the product number ____.
8090 [49]
Based on the question, Pilar was creating a database for her business.
The choices are: a. a table b. the primary key c. a database d. a record

I believe the answer is b. the primary key. 

<span>A primary key is a known as a unique record used in creating a license number or a telephone number. This is used in a relational database where there is only one primary key used as </span>
5 0
3 years ago
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