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dlinn [17]
3 years ago
7

An ad on the newsnow web site asks viewers to "send us your story and we might share it with the world." ollie submits a manuscr

ipt, adding, "i accept your offer." between newsnow and ollie, there is
Business
2 answers:
Viktor [21]3 years ago
5 0

Answer:

No valid contract between Ollie and Newsnow.

Explanation:

Newsnow's ad states that if you send them a story they "might" publish it and share it with the world. This cannot be considered a valid offer because of the "might" word included in the sentence, so there is no nothing for Ollie to accept. Actually it is Ollie that is making the offer by sending the story. It depends on Newsnow whether they will accept Ollie's offer and publish the story.

Serggg [28]3 years ago
3 0

Answer:

There should be no contract formed between Newsnow and Ollie.

Explanation:

To form a contract, there should be 03 essential elements which are an offer; an acceptance and an consideration the offeror gives the offeree once the contract has been delivered.

For the purpose of this question, putting aside the examination of the 02 essential elements which are an offer and an acceptance, given there are lack of certain consideration in Newsnow advertisement, there are lack of one essential element for the contract to be formed. In other words, there are no "meetings of mind" in this scenario, thus it is quite certain there is no contract between Newsno and Ollie.

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Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of Octob
Alexeev081 [22]

Answer and Explanation:

The recording and the computations are as follows

a. The recording of the October revenue transactions are shown below:

DATE INVOICE NO. ACCOUNT DEBITED POST.REF.  

ACCOUNT REC. DR.  FEES EARNED CR.

Oct 2       321        Pryor Co.  

380

Oct 3        322         Armor Co.  

540

Oct 14        323         Pryor co.  

190

Oct 24        324        Rose co.  

790

Oct 31    1900

b) Now the total amount for account receivable and fees earned is

Account receivable = 1900

Fees earned = 1900

c) The October 31 balance is

October 31 balance

= $380 + $190 - $380

= $190

5 0
3 years ago
Read 2 more answers
What is lump sum payment?
vladimir2022 [97]
One single payment of money, opposed to a an annuity. (a series of payments made over time)
8 0
3 years ago
Asset sales, Usage fees, Brokerage frees, and advertising are all ___?
lapo4ka [179]

Answer:

sources of business revenue

Explanation:

Revenue is the money a business gets from its normal trading activities.  It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.

The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.

7 0
3 years ago
In-market audiences allow the opportunity to specifically identify what kind of user?
brilliants [131]

Answer:

The correct answer is the option B: someone who is in the mindset to buy.

Explanation:

To begin with, the term of <em>''in-market audiences''</em> refers to the potential consumers that a business may want to target regarding the fact that those consumers are searching and browsing about topics that are related to the business' products that are being offered at that time. Moreover, this tool helps the business to connect with those buyers who are already comparing products across the Google Display Network publisher and more. It is clearly stated that with this tool the company will find the person who has an intereset in the business' products and are in the mindset to buy.  

3 0
3 years ago
Incline Company generated $4,900,000 in revenue selling 4,025 units of its only product. Each unit has a contribution margin of
Hatshy [7]

Answer:

23%

Explanation:

The computation of the contribution margin ratio is shown below:-

Selling price per unit = $4,900,000 ÷ 4,025 units

= 1217.39

Contribution margin ratio = Contribution margin ÷ Selling price

= $280 ÷ 1217.39

= 23%

Therefore for computing the contribution margin ratio we simply divide selling price by contribution margin.

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3 years ago
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