Answer:
A Student Representative Council (SRC) is a group of students elected by their peers to represent all students within the school. SRC's work democratically to represent the student body in school decision-making and organise ways for students to participate in and enjoy school life.
Acceptance of a public offer by anyone, as indicated by the performance of the act, does not result in an enforceable contract. Silence does not indicate assent to an offer, even if both parties agree beforehand that this is to be the means of acceptance.
An enforceable contract is a written or oral agreement that can be enforced in court. If the law permits the performance of a contract, the performance of the contract is the obligation of the consenting parties. You may not breach or violate any terms without voiding the contract.
Examples of enforceable contracts allow two or more people to legally compel one party to do something to the other party. When entering into agreements or contractual obligations. An enforceable contract must contain both an offer by one party and an acceptance by the other party.
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The lower-of-cost-or-net realizable value can be applied to total inventory, groups of similar items, or to each item. Groups of similar items results in the largest write downs.
What is supposed of inventory?
Inventory refers to all the items, items, merchandise, and substances held by way of a enterprise for promoting within the market to earn a profit. instance: If a newspaper dealer uses a vehicle to supply newspapers to the customers, simplest the newspaper might be considered stock. The automobile could be treated as an asset.
What are inventory items?
Inventory is the objects/products a company has to sell, in addition to the substances had to create those products. The 3 foremost classes of inventory are uncooked materials, paintings-in-progress and finished goods. An example of raw substances inventory would be the magnesium in an alloy wheel.
What's the purpose of inventory?
The primary feature of inventory is to provide operations with an ongoing deliver of materials. To acquire this function effectively, your commercial enterprise ought to try to find a sweet spot among an excessive amount of and too little, with out ever walking out of inventory.
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This is known as biodiversity. Biological diversity, or biodiversity, is the diversity of all living organisms in a biome or an ecosystem. It increases over time as new species are differentiated all the time and at a faster pace than other organisms become extinct. The longer the time the more the organisms will be created due to genetic differentiation.