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2 years ago

Minors are liable for the reasonable value of the necessary:______.

Business

1 answer:

kotegsom [21]2 years ago

8 0

Answer:

b. that they agreed to purchase.

Explanation:

A minor is a person who is under the age of 18 and unable to make decision on his own such as mentally impaired or incompetent persons .

A minor cannot enter a contract like adults but if under any circumstance they enter into a contract of sale purchase of daily goods like clothing etc, they are liable to pay the price which they agreed to pay.

Their parents are liable only if the contract was made according to the parent's will etc.

If the minor is unable to pay the agreed amount then the minor should return the goods or fulfill any other liability as imposed by the court of law.

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if you are interested in a career in the hospitality industry, it is important that you enjoy the following:

Nezavi [6.7K]

if you are interested in a career in the hospitality industry, it is important that you enjoy the following:

working with people
an upbeat work environment
traveling
opportunity for growth and career advancement.

<h3>What are pros and cons of working in hospitality industry?</h3>

Pros -

Opportunities for Many Benefits, Not a 9-to-5 Job, Diverse Jobs that Travel
It is dynamic, ever-evolving, and collaborative.

Cons -

a worldwide industry-wide five-day workweek. Employee happiness leads directly to better service, which will surely have long-term benefits.
Weekend work is compensated in addition to the regular weekend off.
using technology more effectively to forecast the requirement for personnel during peak season
Depending on its practicality, automation at the front desk and in restaurants during peak hours

To learn more about hospitality from given link

brainly.com/question/618712

#SPJ4

7 0

1 year ago

The approved detail design resulting from the __________ serves as a basis for making the decision to begin production. Systems

wel

Answer: Critical Design Review

Explanation:

A Critical Design Review is referred to as a review that's fine in order o ensure that a system can be able to move into fabrication, and test and also ensure that the stated performance requirements are met.

The approved detail design resulting from the critical design review serves as a basis for making the decision to begin production.

3 0

2 years ago

Accounting Equation Shannon Cook is the stockholder and operator of Personality Shine LLC, a motivational consulting business. A

Neporo4naja [7]

Answer:

a. Stockholders' equity as of December 31, 2017: $635,000

b. Stockholders' equity as of December 31, 2018: $524,000

Explanation:

Please find the below for detailed explanation and calculations:

We have the Accounting Equation as: Total Asset = Total Liabilities + Total Equity <=> Total Equity = Total Asset - Total Liabilities

Applying the Accounting Equation to find the Stockholder's Equity at the two point of time require, we have the calculation as below:

* December 31, 2017:

Total Asset = $836,000; Total Liabilities = $201,000

<u>=> Total Stockholder's Equity = $836,000 - $201,000 =$635,000</u>

*December 2018:

Total Asset = $836,000 - $159,000 = $677,000; Total Liabilities = $201,000 - $48,000 = $153,000

<u>=> Total Stockholder's equity = $677,000 - $153,000 = $524,000 </u>

3 0

3 years ago

A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to

Aleonysh [2.5K]

The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True .

<u>Explanation: </u>

The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.

Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.

A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.

8 0

3 years ago

Without a strong and efficient marketing channel system, merchandise isn't available when customers want it. True False

Andrews [41]

Answer:

TRUE

Explanation:

Network representatives add value for suppliers and clients alike. They balance the difference between buyers and sellers in terms of time, location, and ownership.

Channel representatives collect demand and supply information to make the services available on the marketplace.

At a market level, product placement relates to the wide range of products available on the market and presentation of those items in such a manner as to generate curiosity and entice investors to make a buy.

8 0

3 years ago