All categories

3 years ago

In a contract each party has what

2 answers:

6 0

Each party has legal obligations in the agreement/contract, and which they connectedly exchanged of value whether it was a product, service, money, etcetera.

lana [24]3 years ago

4 0

Answer:

Obligation and responsibility.

Explanation:

Contract is a legally binding agreement that serve as a guide to the actions of the parties involved in a employment , lease , sales ,tenancy or business agreement.

It is supported with offer , acceptance of offer and legal valuation.

Every party in a contract agreement has right and obligations relative to others , but that does not mean that every party has equal right as the legal condition binding the contract might state otherwise.

You might be interested in

Tudor Company acquired $500,000 of Carr Corporation bonds for $487,706.69 on January 1, 2019. The bonds carry an 11% stated inte

hichkok12 [17]

Answer:

Debt securities Carr Corp. 500,000 debit

Cash 487,706.69 credit

Discount on D.S Carr Corp. 12,293.31 credit

--to record the purchase of the dbet securities--

Cash 27500.00 debit

Discount on D.S Carr Corp. 2048.88 debit

interest revenue 29.548,88 credit

--to record under straitgh-line method --

Cash 27,500.00 debit

Discount on D.S Carr Corp . 2,224.99 debit

interest revenue 29,724.99 credit

--to record under effective rate method --

ATTACHED SCHEDULED

Explanation:

The difference between the face valeu and the actual price will be the discount or premium being discount, when lower and premium when higher.

500,000 - 487,706.69 = 12,293.31

Effective rate will calculate the interest revenue by multipling the carrying value by the market rate

and the amortization in the discount will be the difference with the actual cash proceeds

Straight-line will divide the discount over the total amount of payments due and do the same amount over time:

12,293.31 / 6 = 2048.885

8 0

3 years ago

Rather than being just a random activity, good marketing requires _____ in determining appropriate actions to produce sound deci

lakkis [162]

Rather than being just a random activity, good marketing requires thoughtful planning in determining appropriate actions to produce sound decisions. The most essential rule that company should follow is that there should be detailed and well-thought m<span>arketing plan so that it will have stable ground for developing and success.
Hope that helps!</span>

4 0

3 years ago

Q 6.29: Accurate Auditing is conducting an inventory count for Blake Industries. Blake intermingles empty boxes with full boxes

Rasek [7]

Answer:

The asset would have been overestimated

Explanation:

An inventory account deals with assigning values to all the items or goods that are involved in the production process ranging from raw goods, processed goods to market-ready goods.

<em>An inventory represents an asset to a company. Hence, the presence of empty boxes in the storeroom if otherwise taken as full boxes will lead to an overestimation of the asset unless they are discovered.</em>

3 0

3 years ago

When the market is more optimistic about a firm, its share price will ______; as a result, it will need to issue _______ shares

galben [10]

Answer:

The answer is rise, fewer

Explanation:

When the market is more optimistic about a firm, its share price will RISE OR INCREASE as a result, it will need to issue FEWER shares to raise funds that are needed.

Share price can increase as a result of positive economic environment. For example, the company is making consistent profit, prevailing economic or environmental conditions are favouring the company.

When this happens, company will issue lower shares to raise fund because many investors will be looking to buy their shares.

6 0

3 years ago

Olivia is working on budgeting her time between studying for school, working at a part-time job, and training for a triathlon. W

Leno4ka [110]

Answer:

Create a daily schedule and reward herself for sticking to it

Explanation:

The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.

7 0

3 years ago