Answer:
There should be no contract formed between Newsnow and Ollie.
Explanation:
To form a contract, there should be 03 essential elements which are an offer; an acceptance and an consideration the offeror gives the offeree once the contract has been delivered.
For the purpose of this question, putting aside the examination of the 02 essential elements which are an offer and an acceptance, given there are lack of certain consideration in Newsnow advertisement, there are lack of one essential element for the contract to be formed. In other words, there are no "meetings of mind" in this scenario, thus it is quite certain there is no contract between Newsno and Ollie.
Answer:
It's represented by a movement along the demand curve
Answer:
$544
Explanation:
LIFO means last in first out. It means it's the last purchased inventory that is the first to be sold.
The cost of the 250 units sold would be first deducted from the inventory purchased on the 25th
= 100 × 2.34 = $234
That leaves 250 - 100 = 150 units.
The cost of goods sold would be next allotted to the inventory purchased on the 9th
= 50 × 2.20 = $110
This leaves 150 - 50 = 100
The cost of the 100 would be alloted to the beginning inventory
100 × $2 = $200
Total cost of goods sold = $200 + $110 + $234 = $544
I hope my answer helps you
Answer:is D
Explanation:
The shape,size,design,and arrangement of its physical elements