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Sloan [31]
3 years ago
9

The IRS assessed a large tax and penalty against Karl. Karl retained Roger, the CPA who prepared the tax returns, to challenge t

he assessment. Two days before the deadline for filing a response, Roger tells Karl that he will not represent him unless Karl signs an expensive retainer agreement. This conduct is probably:a.undue influence.b.unfortunate consent.c.economic collateralism.d.economic duress.
Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

Answer:

d.economic duress

Explanation:

The economic duress in simple terms means a party who is entering into a contract frightens or threatens of cancelling the contract or does not act according to the terms of the contract unless the other party in the contract agrees to their demands.

In the context, the conduct of Roger against Karl is probably can be called as the 'economic duress' as Roger informs Karl before the deadline of filing the response that he will not represent himself against IRS unless Karl enters into a deal of an expensive retainer agreement. Thus it is an economic duress that Roger is showing and forcing Karl to agree on his demands.

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Roger, an affluent college graduate, buys gadgets on the day of their launch in the market. He reads expert reviews on the Inter
Masja [62]

Answer: Innovators

Explanation:  

 According to the given question, the Roger is belong to the innovators category on the basis of the given diffusion of innovation context as innovators are one of the divergent thinker.

 The innovators are not influenced by the other opinions about the market products as they search themselves about the specification and the features of the specific products on internet.

The innovators is known as the risk taking users in the market as they first experience the product by buying it and the give any review.

 Therefore, Innovators is the correct answer.  

5 0
4 years ago
The LaPann Corporation has obtained the following sales forecast data: July August September October Cash sales $ 80,000 $ 70,00
Alika [10]

Answer:

1. 166,000

2. 188,000

Explanation:

The budgeted accounts receivable balance on September 30  and Budgeted cash receipts for october n be calculated as follows

July

Opening                          -

Credit sales                 240,000

Collection

20% of July                 48,000

Closing                      192,000

August

Opening                       192,000

Credit sales                 220,000

Total                             412,000

Collection

20% of August             44,000

70% of July                  168,000

Total receipts              208,000

Closing                         200,000

September

Opening                         200,000

Credit sales                    180,000

Total                               380,000

Collection

20% of september          36,000

70% of august                  154,000

10% of july                        24,000

Total receipts                  214,000

Closing                             166,000

October

Opening                         166,000

Credit sales                   200,000

Total                               366,000

Collection

20% of October               40,000

70% of september           126,000

10% of august                   22,000

Total receipt                     188,000

Closing                             178,000

8 0
3 years ago
Consider a market​ where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are​ ma
mario62 [17]

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

5 0
3 years ago
To a macroeconomist, a trade deficit is synonymous with which of the following?
aleksley [76]

Answer:

  A. outflow of financial capital

Explanation:

A trade deficit means more money is leaving the country to purchase imports than is entering the country to purchase exports. There is a net flow of financial capital out of the country.

__

Whether goods and services flow in or out depends on the nature of the trade. A trade deficit can also be created when residents spend money in a foreign country while on travel there. No goods or services actually cross a border in that case.

7 0
3 years ago
Is my answer correct
xeze [42]
Yes you have the answer right.

i know this because my friend just got sponsored for a basketball career and he used his basketball coach as a personal reference.

Hope this helps :)
Please give brainliest!
7 0
3 years ago
Read 2 more answers
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