Answer:
A) if it is deemed a necessary good
Explanation:
Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.
So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.
But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.
Answer:
The correct answer would be B, Money in a checking account.
Explanation:
Liquid assets are one in the category of assets that are ready to be converted into cash. Cash held by a company is the considered the liquid asset of the company. Or any assets which can be converted into cash without losing so much of its value is called a liquid asset. For example if a company holds gold bars as one of the assets, then this would be considered as the liquid asset because gold can easily be converted into cash in case of need. Account Receivables, Gold, deposits receipts, securities, bonds, etc are considered to be the liquid assets of the company after Cash.
Answer:
Dr Construction 800000
Dr Cost of construction 1200000
Cr Revenue form long-term contracts 2,000,000
Explanation:
Based on the information given What would be the journal entry made in 2020 to record revenue is :
Dr Construction $800,000
Dr Cost of construction $1,200,000
Cr Revenue form long-term contracts $2,000,000
($800,000+$1,200,000)
(Being to record revenue)
Based on the calculation done, there are 15 baskets of peaches.
x + y = 23 ..... i
20x + 18y = 430 ...... ii
From equation i, x = 23 - y ..... iii
Put equation iii into ii
20x + 18y = 430
20(23 - y) + 18y = 430
460 - 20y + 18y = 430
2y = 30
y = 30/2 = 15
x + y = 23.
x + 15 = 23
x = 23 - 15 = 8
Learn more about equations on:
brainly.com/question/13763238
Answer:
self-actualization
Explanation:
The answer is deeply related to "Maslows Hierarchy of Needs."
Abraham Harold Maslow is a popular American psychologist who introduced a motivational theory consisting of five stages in relation to the<em> deficiency needs and growth needs of humans.</em>
Everything starts with the deficiency needs.<u> It is very important to satisfy this need in order to engage into the growth needs.</u> For example, a boy is very thirsty. If that need will not be met, the boy will continuously crave for water. On the contrary, if this is met immediately, the boy will aim to grow as a person. This is what you call the growth needs.
This needs are presented in a pyramid.
From top to bottom:
1. Self-actualization
2. Self-esteem Needs
3. Love or Belongingness Needs
4. Safety Needs
5. Physiological Needs
It is ideal for a person to progress from Physiological Needs to Self-actualization, but it doesn't mean every stage is always met. Sometimes, fluctuations occur depending on the situation.
Regarding Clarence's case above. It was stated that he already worked as a doctor in a federal government. This means that he has already satisfied his self-esteem needs and the other needs below. Becoming a doctor is a prestige and a feeling of accomplishment. This can be found on the <u>Self-Esteem Needs </u>stage. In addition to this, <em>Clarence already reached his full potential and is seeking for personal growth and independence. </em>This is backed by the statement above that he opened a private clinic to continue his practice. This means he is already on the self-actualization stage of the hierarchy.
