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Fofino [41]
3 years ago
13

Which of the following is an essential element of a valid real estate contract?

Business
1 answer:
Svetlanka [38]3 years ago
8 0

Answer:

Legal purpose

Explanation:

The contract is approved when there is an agreement and agreement should be enforced i.e.

Agreement + enforceability = contract

Now the element of the contract that become the contract to be valid is the legal purpose that means the contract that should be made should be legal in the court point of view i.e. feasible

Therefore the second option is correct

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Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?
malfutka [58]

Answer:

Explanation:

The main reason for this is to try and position their brand or product in the best way possible within the market. Perceptual maps allow marketers to see how individuals are perceiving the competitive brands as well as their own brands, the markets use this information to determine which position will best benefit their brand in the market and hopefully beat the competition.

4 0
4 years ago
iven that jacob's chocolates had owner investments of $4,000; net income during the period of $10,000; and owner withdrawals of
Anuta_ua [19.1K]

Iven that Jacob's chocolates had an owner the ending balance in the owner's capital account is $13,700.

<h3>What is the owner's capital account?</h3>

The equity account that appears on a company's balance sheet is called an owner's capital account. It indicates the total ownership stakes that investors hold in a company. This account holds the owners' investment in the company as well as the net income it generates, which is then decreased by any draws made to the owners.

Given,

Investment =$4,000

Net Income =$10,000

Capital withdrawal =$300

Required to find ending capital account balance =?

Ending capital account balance = $4,000 + $10,000 - $300

Ending capital account balance = $13,700

The ending balance of the owner's capital account equals the beginning balance less any withdrawals, plus contributions, plus or minus any net gain or loss for the time. The balance at the conclusion of the accounting period is determined using this formula, which is updated annually.

Thus, the ending capital account balance is 13,700.

Learn more about Capital Account here:

brainly.com/question/14684892

#SPJ1

6 0
2 years ago
If fixed costs are $1,291,000, the unit selling price is $238, and the unit variable costs are $105, what is the amount of sales
sveta [45]

Answer:

b. 11,338 units

Explanation:

The computation of the amount of sales in units is shown below:

Let us assume the amount of sales in units is X

So, the equation is

Profit = Sales - Variable Expenses - Fixed Cost

where,

Profit = $217,000

Sales = $238 × X

Variable expense = $105 × X

And, the fixed cost is $1,291,000

So, the sales in units is

$217,000 = $238 × X - $105 × X - $1,291,000

$1,508,000 = $238 × X - $105 × X

$1,508,000 = $133 × X

So, the X = 11,338 units

4 0
4 years ago
A goal of monetary policy and fiscal policy is to
ioda

Answer:

B. Offset shifts in aggregate demand and thereby stabilize the economy.

Explanation:

Firstly about Fiscal Policy:

-Monitoring and influence of government to national economy by adjusting its spending levels and tax rates

-Based on the Keynesian economics which opines that the increasing or decreasing taxes or the same about public spending will impact significantly on the economy of the country.

-Fiscal Policy is the regulator of the inflation rate (2%-3% is normal for every economy) and in turn, this increase the rate of employment

Secondly about Monetary Policy:

- In most countries, central banks or central boards take the actions of plan about controlling process of the money in the country or money supplying estimations.

-Monetary policy is the management of money supply or the interest rates

-Monetary policy is the controlling of inflation, consumption, growth and liquidity of money

The mutual goals of these policies aim to establish and construct the perfect economic environment with the stable and positive growth of economy and, stable and low inflation rates. Moreover, the aim is the elimination of booms or fluctuations on the economy and to keep it stable as possible as.

8 0
3 years ago
While differing in details, all of the major types of project life cycle models have a series of phases with activities that nee
Gnoma [55]

Answer: True

Explanation:

The project life cycle is simply the path that is taken by a project from its start to the end. A standard project normally has the initiation phase, planning phase, the implementation phase and lastly the closure phase.

All of the major types of project life cycle models have a series of phases with activities that need to be completed and approvals that must be received before the project can proceed to the next phase.

5 0
3 years ago
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