1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
3 years ago
11

Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real

estate without the obligation to buy it. Until Eric exercises his option to buy, only Sylvan is bound by the option agreement; he may not sell the property to anyone else during the option period. What type of contract is this
Business
1 answer:
Anton [14]3 years ago
5 0

Answer:

"Unilateral" would be the right choice.

Explanation:

  • A contract wherein the assessment would be offered less than by several other party candidates is indeed a unilateral document. In several other sentences, aware of the side effects in one less manner.
  • One such kind of decisionmaker has been begun taking by one of the other factions, government agencies, or regions associated with a specific situation, another without consent of everybody else.
You might be interested in
PLEASE HELP ME!!!!!!!!!!!!!!!!!!!!!111 I NEED HELP RIGHT NOW!!!!!!!!! IM LITERALLLY CRYING! JK IM NOT BUT I NEED HELP!!!!!!
8_murik_8 [283]

I think A and C.

Hope this helps.

8 0
3 years ago
Because your mother is about to retire, she wants to buy an annuity that will provide her with $75,000 of income a year for 20 y
siniylev [52]

The calculated present value of the annuity is $915,166.70.

Explanation and Solution:

Annuity is a collection of fixed payments made or earned either at the close or at the beginning of any term such that a significant initial payment or receipt may be turned into a set of comparatively minor payments or receipts. An annuity that lasts indefinitely is called perpetuity.

The formula for the present value of the annuity is given by:

P = \frac{1- (1+i)^{-n} }{i}  * R

Where;

R = annual payment = $75,000

i = interest rate = 5.25%

P = Present value of annuity

n = number of years = 20 years

P = \frac{1- (1+5.25)^{-20} }{5.25}  * 75,000

P = $915,166.70

5 0
3 years ago
E6-20 (Algo) Inferring Bad Debt Expense and Determining the Impact of Uncollectible Accounts on Income (Including Tax Effects) a
SVETLANKA909090 [29]
Theres is to much writing sorry hope this helps
8 0
2 years ago
Opal Company manufactures a single product that it sells for $100 per unit and has a contribution margin ratio of 30%. The compa
yarga [219]

Answer:

$490,000.

Explanation:

To find out sales of Opal Company we will use below equation,

Sales = Variable cost + Fixed cost + Target profit

variable cost margin will be (1 - contribution margin)

= 0.7 (1 - 0.3)

we will consider sales as x,

x = 0.70x + $49,000 + 0.20x

x = 0.90x + $49,000

x - 0.90x = $49,000

x = $49,000 / 0.10

x = $490,000.

Sales = $490,000.

7 0
3 years ago
Terry's Trees has reached its break-even point and has a contribution margin ratio of 70%. For each $1 increase in sales ______.
Mnenie [13.5K]

Answer:

- total contribution margin will increase by $0.70

- net operating income will increase by $0.70

Explanation:

4 0
2 years ago
Other questions:
  • Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $
    10·1 answer
  • In monopolistic competition, what effect do price variations generally have on the market as a whole
    5·1 answer
  • A career goal should be measurable, detailed, and include a plan.<br> a. True<br> b. False
    6·2 answers
  • Material 1 costs $7 a pound, material 2 costs $5 a pound, and labor costs $15 per hour. Product A sells for $101 a unit, product
    12·1 answer
  • As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method an
    13·1 answer
  • RKO Company sold bonds with a face value of $850,000 for $910,000. The bonds have a coupon rate of 8 percent, mature in 10 years
    7·1 answer
  • The purpose of a restrictive monetary policy is to:a. reduce borrowing costs b. stimulate spending curb c. rising prices and ove
    7·1 answer
  • Prepare the journal entries to record these transactions on Blossom Company’s books using a periodic inventory system. (If no en
    12·1 answer
  • Merchandise operations
    15·1 answer
  • Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,988. The
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!