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fomenos
3 years ago
6

Brie buys a subscription to music provided by Concerto, an online streaming service. Before gaining access, Brie must agree to a

provision stating that she will not make and sell copies of the music. This provision is:__________
A. a partnering agreement.
B. a click-on agreement.
C. a shrink-wrap agreement.
D. a browse-wrap term.
Business
2 answers:
kodGreya [7K]3 years ago
5 0

Answer:

B) a click-on agreement.

Explanation:

A click on agreement is the legal agreement by which websites or app provides request you to either accept or reject (I do not accept, disagree, etc.) their "Terms and Conditions of Use". Whenever you download an app or subscribe to some type of service, the first thing you have to do is accept their terms. Since the company will not send you a written contract, they require that you carry out a click on agreement. That is the equivalent to a binding contract in the internet.

exis [7]3 years ago
4 0

Answer:

Option B. A click-on agreement

Explanation:

A click on agreement requires the customer to agree with the terms and condition of use of the website. If the customer doesn't agrees with the terms and conditions the website doesnot provides the access to its sophisticated data set. So clicking on the button on a pop-up to agree the terms and condition is a click-on agreement.

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The Allowance for Bad Debts has a credit balance of $ 9 comma 500 before the adjusting entry for bad debts expense. After analyz
Natali5045456 [20]

Answer:

$5,500

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Adjustments to allowance required

= $15,000 - $9,500

= $5,500

The entries to be posted are

Debit Bad debt $5,500

Credit Allowance for Doubtful debt $5,500

6 0
3 years ago
Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec
Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

<em>Future value of $7500 after 3 years:</em>

FV = 7500× (1.08)^3 = 9,447.84

<em>Future Value of $9000 after 2 years:</em>

FV = 9000 × (1.08^2) = $10,497.6

<em>Future value of $12,500 after 1 year:</em>

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

7 0
3 years ago
Read 2 more answers
The firm projects a rapid growth of 40 percent for the next two years and then a growth rate of 20 percent for the following two
il63 [147K]

Answer:

The price of the stock today is $15.63

Explanation:

The three stage Dividend Discount model will be used to calculate the price of this stock as the dividends are growing at three different growth rates. These dividends will be discounted back to calculate the price of the stock today.

The price per share today under this model will be:

P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [Dn * (1+gC) / (r - gC)] / (1+r)^n

Where,

  • D1 is the dividend expected for the next period of Year 1.
  • gC is the constant growth rate or third stage growth rate that will last forever.

P0 = 1.25 / (1+0.2)  +  1.25 * (1+0.4) / (1+0.2)^2  +  1.25 * (1+0.4) * (1+0.2) / (1+0.2)^3  +  1.25 * (1+0.4) * (1+0.2)^2  /  (1+0.2)^4  +  

[1.25 * (1+0.4) * (1+0.2)^2 * (1+0.08)  /  (0.2 - 0.08)]  /  (1+0.2)^4

The P0 = $15.625 rounded off to $15.63

7 0
3 years ago
To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of th
grandymaker [24]
New value: $87
new-orig= $7
7/80= 0.0875=87.5%
7 0
3 years ago
Which three factors make starting a business a highly risky investment?
Alika [10]
The correct options are B, C and E.
Starting a business can be a risky move because of some elements which are involved in creating a new business. For instance, large amount of capital is needed to start a typical business and the uncertain conditions which prevails in the business world can make one to lose one's capital in no time at all. The extent to which assets can be converted to cash is also one of the risks that one must considered.
3 0
3 years ago
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