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morpeh [17]
2 years ago
12

Describe a real or made up example of a contract that includes consideration

Business
1 answer:
ANEK [815]2 years ago
6 0

Answer:

It is important that all contracts include consideration  in order for any agreement to be legally binding.

The example of a contract of this type is:

Renting a place to use for your sales business. You rent the place for a certain period of time (Let's say one year) and for a settled amount of money. In form of a lease, is stated and stipulated what that amount of money includes (let's say just the place) and what it doesn't include (energy and water bill) as well as the rules for using and living in the place.

This contract applies for both parts once consideration is provided by accepting the terms of conditions and the value agreed.

Explanation:

But this is not my answer I have to give credit to Brainly user  keylacordoba.

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Identify business equipment or resources required to complete task under direct instruction?​
lianna [129]

Answer:

Explanation:

Estimate quantities and resources correctly to.

4 0
2 years ago
Chen Company's account balances at December 31, 2017 for Accounts Receivable and the Allowance for Doubtful Accounts are $800,00
Hatshy [7]

Answer:

B) $27,500.

Explanation:

The computation of the amount credited to the allowance account is shown below:

= Sales during the 2017 year × estimated  uncollectible percentage

= $2,750,000 × 1%

= $27,500

By multiplying the sales with the estimated  uncollectible percentage we can get the amount credited to the allowance account and the same is to be considered

Hence, the correct option is B

6 0
3 years ago
Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, a
Katen [24]

Answer:

B. $123,000

Explanation:

The computation of the Paul's cost of going to college is presented below:

= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges

= $90,000 + $15,000 + $7,000 + $22,000 - $11,000

= $123,000

We simply deduct the room and board charges while working as a construction job and the other items would be added

4 0
3 years ago
Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p
faust18 [17]

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

3 0
3 years ago
Which act prohibits banks from treating people differently based on race, origin, marital status, or age?
Serjik [45]

Answer:C.

Explanation:

4 0
2 years ago
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