The term consideration used in regards to a contract means

Business

1 answer:

Rashid [163]2 years ago

8 0

Answer:

something of value must be given by party.

Explanation:

In the contract agreements, the term consideration means something of value offered by one part in exchange for other goods, services, or promises. In most cases, consideration is in monetary form, although money is not the only valuable item acceptable as consideration. Consideration is the benefit that one enjoys by fulfilling their obligation in a contract.

For contacts to be valid, there must be a consideration. Only lawful valuable can be considered as consideration.

You might be interested in

When comparing different forms of advertising, the property manager should realize that A) trade journals are ineffective for re

Papessa [141]

Answer: C) direct mail is favored by industrial and commercial property owners.

Explanation:

Direct mail advertising is the method still preferred by most industrial and commercial property owners. This is simply down to the fact that it enables them to build a prospective list of clients that they can always target. They then mail these clients professional ads when there is an opening. The benefit of this is that they are mailing to who they would consider to be an audience more likely to act on the information that way their efforts are not wasted.

6 0

3 years ago

The weighted average cost of capital for a company is least dependent upon the:_______. A) company's beta. B) coupon rate of the

vlada-n [284]

Answer:

E) standard deviation of the company's common stock

Explanation:

The weighted average cost of capital (WACC) is dependent on cost of equity and cost of debt. Cost of Equity depends on company's beta (CAPM Model), growth rate of dividends (constant growth dividend discount model), so option A and C are not the answer. Cost of debt depends on coupon rate (for yield) as well as marginal tax rate (for post tax cost of debt) so option B and D are incorrect. So, answer is E. Standard deviation is the least probable factor that may cause change in WACC.

4 0

3 years ago

How do entrepreneurs contribute to the nation socially

aksik [14]

They will put themselves on social media for a way to get out there

5 0

3 years ago

Holly owns a dance studio. To improve sales of dance classes, she is reviewing how her marketing team could update the company's

ASHA 777 [7]

Answer:

b. website layout

c. email marketing

Explanation:

The website layout is the layout i.e created for a website. It should be attractive to the owners and users. Moreover it should be easy to navigate it so that if anyone could access to the website he or she could easily access it without any hurdle.

The email marketing is a technique in which we can send one message to large audience in the same time. It helps in saving cost and time

According to the given situation, the online customers struggled with website navigate and to find out the contact information related to the business

So to modify and help address her customer feedback the website layout and the email marketing plays a vital role and the same is to be considered

6 0

3 years ago

The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

beks73 [17]

The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

The price elasticity of demand for film

7 0

3 years ago