Answer:
How does voluntary exchange help set prices in a market economy?
Voluntary exchange enables fluctuation in prices and makes it to be vary in the market system, this uncontrolled prices enables customers to buy same goods at different prices because each supplier sells at any convenient prices that suits them not adding both variable cost and fixed cost to determine the price.
Explanation:
This contract with honey bee company and ivan who enter into an oral contract with ivan under which he agrees to clean hbc's offices for two years is enforceable by neither of the party. Neither of the party is enforceable by this contract they make.
Answer:
a. $113.70
Explanation:
The computation of the new net income is shown below:
= Monthly salary × net income percentage - reduced amount of net income per month
= $3,410 × 7% - $125
= $113.70
Hence, the corrected net income is $113.70
Therefore the correct option is a. $113.70
All other options are wrong hence ignored them
Answer:
Enforceable
Explanation:
Statute of frauds are legal requirements that a contract must have before it is considered to be enforceable.
Normally written contracts are required for transactions that are above $500, for sale of land, and transctions that last one year or longer.
The contract amount in the given scenario is (1000 pencils * $0.25) = $250
This amount falls below what is required for a written agreement. So an oral agreement can suffice in this case.
The contract is enforceable
The bond can be called at par in one year or anytime thereafter on a coupon payment date. Ithas a price of $97 per $100 face value
<h3>What is
bond?</h3>
A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.
Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.
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