1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
3 years ago
8

Ted failed to disaffirm a contract during his minority or within a reasonable time after reaching majority. The contract was aut

omatically:
Business
1 answer:
Vlada [557]3 years ago
6 0

Answer:

Ratified

Explanation:

You might be interested in
Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record th
Marianna [84]

Answer:The entry to record the sale will include a Credit toPaid in Capital from  treasury stock at $4,000.

Explanation:

Journal entry to record sale of shares

Accounts and explanation          Debit                  Credit

Cash                                        $18,000

Treasury stock                                                      $14,000      

Paid in Capital from Treasury STOCK                  $4,000

Calculation

CASH = Number of  shares x Price per share

= 400 x $45=$18,000

Treasury stock = Number of  shares x Price per share

= 400 x $35=$14,000

Paid In Capital = Cash - Treasury stock= $18,000- $14,000= $4000

6 0
3 years ago
True/False: Money is more important than finding something you're going to love<br> doing.
Annette [7]

Answer:

False.

You don't want to work day and night, or do something you are not willing to, just to get a bunch of money

Explanation:

3 0
3 years ago
The freeze which destroyed a good portion of the South American coffee crop in the mid-1970s increased the price of tea. Explain
Anarel [89]

Answer:

attached diagrams

Explanation:

As the freeze decrease teh output of coffee the supply decreased heavily. This make the price of coffee go up which decreased demand. This makes consumer move to substitute goods like tea making increase their demand. This ended with a greater price of both, coffee and tea.

6 0
3 years ago
Company ("ABC") located in Arlington, Texas makes TV sets. It agrees to sell 1,000 TV sets to Sanborn Ltd. Located in Mexico Cit
WITCHER [35]

Answer:

ABC is the BENEFICIARY under the letter of credit and will be paid under a standard letter of credit AFTER ABC DELIVERS TO THE BANK THE BILL OF LADING AND ANY OTHER DOCUMENT SPECIFIED UNDER THE LETTER OF CREDIT.

Explanation:

A letters of credit (LC) is issued by the buyer's bank to the seller's bank in order the guarantee the payment for a foreign commerce transaction. The payment s competed after the seller provides the documents needed to prove the delivery of the goods.

3 0
3 years ago
The question "do you think someone around here might be justified in making a secret arrangement with one of the company's vendo
katen-ka-za [31]
<span>This would be a question in an assessment interview. The company is trying to gather information about the interviewees personality. This same question might also show up on a motivation questionnaire or in an interview where the person conducting the interview is trying to assess a person's situational judgement on particular matters that may impact the company.</span>
8 0
3 years ago
Other questions:
  • If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage point
    7·1 answer
  • Chuck offers $240,000 for a house. The seller turns down the offer but says she will sell the house for $260,000. However, Chuck
    12·1 answer
  • Industry is the supply side of the market.<br><br> Question 10 options:<br> True<br> False
    10·1 answer
  • Pick the correct statement from below. Multiple Choice A deferred call provision requires the bond issuer to pay the current mar
    9·1 answer
  • Cash is an _____.
    9·1 answer
  • Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T
    11·1 answer
  • Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
    14·1 answer
  • Monkey See. Monkey Take and<br> Humans vs Chimps
    5·2 answers
  • Qualities of useful accounting information​
    14·1 answer
  • Whats the connect between running a business and being responsible with your own finances.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!