A (mail) is sent to you from the( bank)
The expense budget can be said to be the type of budget that Rashad would have to discuss with the company’s accountant
<h3>What is the expense budget?</h3>
This is what is also called the expenditure budget that an organization or a government have, This is the type of budget that shows the revenue and the capital that they have.
It tries to explain in details the various reasons why there may be a difference between the types of expenditure and the variations that may be seen in the estimates of the budget.
Read more on budget here: brainly.com/question/6663636
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Answer:the total amount of income J.D. recognizes related to Clampett, Incorporated, in 2021 =$5,000
Explanation:
Income of J.D related to Clampett = Ordinary income + Capital gain
Given that Basis distribution = $50,000
Basis stock = $45,000
Ordinary income = $10,000
But Capital gain = Basis distribution -( Basis stock + Ordinary income)
Capital gain = $50,000 - ($45,000 +$10,000)
Capital gain = $50,000 - $55,000
Capital gain = = - $5,000
Therefore J.D. income related to Clampett = Ordinary income + Capital gain =$10,000 +(- $5,000)
=$10,000 - $5,000
=$5,000
Answer:
much <em>more </em>likely;
There is only one car dealership in a small town, giving the dealership the ability to influence the price of cars. - <em>Market power</em>
A person smoking in a restaurant emits second-hand smoke that harms other restaurant patrons. - <em>Externality</em>
Explanation:
<u>Property rights</u> are an incentive for individuals to create goods that are needed on the market. In other words, when a discrepancy between demand and supply occurs on a specific market, entities, businesses or individuals that create the goods are motivated to meet market needs through enforced property rights.
On the other hand, when there is a lack of property rights that regulate the market, <em>market failures</em> occur. Two common types of market failures include <em>market power</em> and <em>externalities</em>.
The car dealership example shows <u>market power</u> in practice, as the reigning company can dictate car prices.
The second example shows an externality, as there is evident influence (cost or benefit) on the third party, which they cannot change. People are affected (negatively) by smoke they did not create.
Answer:
c. An agency relationship
Explanation:
An agency relationship is a mutual relationship, in which one person (i.e the principle ) gives a permission to an agent so as to act on their behalf.
In this relationship the agent must consent to the instructions of the person i.e the principle.
Here in the question, Stefanie acting as Principal who has directed the agent (which is the bank in the given case ) to execute a task.
