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Klio2033 [76]
3 years ago
8

Around the world oil is priced consistently in United States dollars. In economic terms this is an example of:

Business
1 answer:
Zina [86]3 years ago
8 0

Answer: unit of account

Explanation:

The unit of account is function of money which refers to the standard monetary unit of measurement of a good or service.

Since oil is priced consistently in United States dollars around the world, this means that dollars is the standard monetary unit of measurement and is therefore, the unit of account.

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A check originally payable to cash, but subsequently indorsed with the words "pay to Li Ping," must be negotiated as:
7nadin3 [17]

Answer:

The correct option is C

Explanation:

Bearer instruments and order instruments are separately negotiated. However, the method of negotiation is highly dependent on the instrument character at the time of negotiation. Indorsement however has the ability to turn an order instrument to a bearer instrument. Like from the example provided in the question, it must be negotiated as an order instrument (via indorsement and must be delivered), although formerly, it was a bearer instrument.

5 0
3 years ago
This chart represents the desired employers for four different Manufacturing employees. Manufacturing Employees Interested in Wo
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I think the answer is A.

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3 years ago
Martha signs a listing agreement with Broker Patrick. Which of the following would probably not be found in the agreement they s
Vlad [161]

Answer:

4. Martha's average utilities

Explanation:

As in the question, it is given that Martha has signed a listing agreement with the Broker Patrick.  

The listing agreement refers to a contract between the real estate broker and the real estate owner that allows the broker the authority to act as a property sales agent.

The terms and conditions which are mentioned the listing contract are presented below:

a. Starting and expiration date of the contract

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8 0
4 years ago
Assume, for Vietnam, that the domestic price of textiles without international trade is higher than the world price of textiles.
nikitadnepr [17]

Answer:

a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.

Explanation:

A country has comparative advantage if it produces a good or service at a lower opportunity cost when compared to other countries.

The price of textile in Vietnam is higher when compared with other countries, this shows that Vietnam doesn't have a comparative advantage in the production of textile.

Vietnam should import textiles and use its resources to produce other goods for which it has a comparative advantage.

I hope my answer helps you.

8 0
3 years ago
Medallion Cooling Systems, Inc., has total assets of $10,000,000, EBIT of $2,000,000, and preferred dividends of $200,000 and is
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Answer:

Explanation:

The two attached pictures shows the explanation for this problem. I hope it help you. Thank you

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3 years ago
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