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zimovet [89]
3 years ago
15

When an auctioneer decides that no one will bid any higher for the goods on sale, the bidding is closed, usually by

Business
1 answer:
Black_prince [1.1K]3 years ago
8 0

Answer:

True

Explanation:

An auction is defined as a public sale of properties that considers bids from prospective buyers.

The highest bidder eventually makes the purchase.

The auctioneer calls for bids and when there is an unchallenged bid he pounds the gavel to indicate the item has been sold.

The auctioneer is the seller himself of am agent representing him.

At the start of the auction the seller sets a minimum price before bidding commences

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. If shareholders are granted a preemptive right they will: Select one: a. be able to choose the timing and amount of any future
PtichkaEL [24]

Answer:

Have priority in the purchase of any newly issued shares

Explanation:

Preemptive right is the right given to existing shareholders to maintain the proportion of their investment by buying a proportionate number of shares in any future sales of share.

The main essence of this is to ensure that their ownership interest is not diluted as more shares are issued and new investors come in.

In a preemptive share arrangement , consideration is given to existing shareholders ahead of any other person or entity .

5 0
4 years ago
If we use Country A as the base country to calculate a cost-of-living index comparison to Country B and the index number is posi
arsen [322]

Answer:

Greater than

Explanation:

Answer 1:

If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.

 

PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.

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3 years ago
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Rob, Dave, and Kelly understand the financial risks involved in starting their own brewery; that's why they've established their
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I do believe its A.. yeap its A
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3 years ago
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Which of the following best defines tangible products? They refer to the physical entities or services that are offered to a buy
Len [333]

Answer: <em>They refers to the physical entities or service that are offered to a buyer .</em>

Explanation:

The statement written above best defines the tangible commodities. A physical good that can be distinguished by touch. Examples of these are automobile, confectionery items such as beverages etc, personal computers, mobiles, etc. Many business organization are also required to dispense packaging for these commodities in order to provide security during their transportation.

4 0
3 years ago
When there is a shortage, rationing is a method of distributing goods by using prices.
Cerrena [4.2K]
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