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3 years ago

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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Which of the following best defines the Theory of Constraints? a. The concept of purposely creating barriers in a process in ord

blagie [28]

In business, the Theory of Constraints is a methodology or set of principles to improve possible constraints or bottlenecks and maximize results (Option B).

In companies, it is common goals or projects are limited by factors such as:

Time.
Communication problems.
Limited resources.
Leadership issues.
Among others.

These limitations are known as constraints or bottlenecks. Moreover, the Theory of Constraints proposes these factors can help companies achieve a goal or maximize results if the company focuses on improving these limiting aspects.

This means this theory states the process and results can be increased if the bottleneck activities are also maximized (option B).

Learn more in: brainly.com/question/20040228

6 0

3 years ago

The process of alliance management begins with

bonufazy [111]

The process of alliance management begins with selecting the most appropriate partner. Typically, alliance managers work in partnership with other companies to achieve what their company can not achieve alone. An alliance manager needs to know all the aspects of his company's business.

3 0

4 years ago

The fallacy of composition is:a. the erroneous view that an economic activity can sometimes exceed the sum of its components. b.

Mamont248 [21]

Answer:

The correct answer is d.

Explanation:

The fallacy of composition consists in inferring that something particular is true, and that therefore it is also true about a whole, basing this only because it is true about one or more of its parts. For example, if we establish that a piece of metal can not break at high temperatures, therefore the machine of which it is part will not break at high temperatures.

Have a nice day!

7 0

3 years ago

Pontchartrain Company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and De

solmaris [256]

Answer:

$1,568,498

Explanation:

First calculate the Amont of discount

Discount on the bond = Face value - Proceeds from the bond = $20,000,000 - $19,604,145 = $395,855

Now prepare the bond amortization

The Bond Amortization schedule is attached with this answer, please find it.

Now calculate the interest expense for 2017

Interest Expense 2017 = $784,165.80 + $784,332.43

Interest Expense 2017 = $1,568,498.23

Interest Expense 2017 = $1,568,498

3 0

3 years ago

Becky's Bakery sells three large muffins for every two small ones. A small muffin sells for $3.50 with a variable cost of $2.00.

Lyrx [107]

Answer:

Contribution margin small muffin= 3.5-2= $1.5

Contribution margin large muffin = 6-3= $3

(2/5*1.5)+(3/5*3)= $2.40

Explanation:

4 0

3 years ago