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Phoenix [80]
3 years ago
6

What is the common obstacle in selling car parts

Business
1 answer:
lana66690 [7]3 years ago
3 0

Answer:

The answer is below:

Explanation:

The common obstacle in selling car parts is finding a buyer that needs that particular car part a seller is willing to sell at a particular time.

This is because in most cases, for example, the seller might have a rim for the Lexus jeep 2015 model, however, the available buyers are looking for a rim of Toyota car 2017 and 2018 model.

Hence, the difficulty of finding ready-made end-users for the car parts can be difficult most of the time and it is a common obstacle faced by the car part sellers.

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Bernard Flinn operated a business known as Harvey Investment Co., Inc./High Risk Loans. Flinn worked as a loan broker, matching
den301095 [7]

Answer:

The defense was not valid as per court.

Explanation:

The Indiana requirement of having license before initiating a credit business is to be fulfilled before starting the transactions and according to the customs when starting such business, a research is properly done to avoid any future claims and get firsthand knowledge of business initiation process.

Flinn’s statement to be unaware of the fact that it is necessary to get license, and non-criminal intentions are not justifiable as per the law because law is more of explicit things rather than implicit, i.e. acts and intentions, respectively.

So, the defense is not justifiable.

3 0
3 years ago
Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $700,00
Svetradugi [14.3K]

Answer:

$100,000

Explanation:

Data provided in the question:

Estimated overhead = $700,000

Estimated machine hours = 200,000

Estimated Direct labor hours = 35,000

Direct labor hours for February = 5,000

Now,

The Predetermined Overhead Rate is calculated as

= ( Estimated Overhead Cost ) ÷ ( Estimated Direct Labor hour )

or

Predetermined Overhead Rate = $700,000 ÷ 35,000

or

Predetermined Overhead Rate = 20 per direct labor hour

Therefore,

The amount of overhead applied for February

= Predetermined Overhead Rate × Direct labor hours for February

= 5,000 × $20

= $100,000

6 0
3 years ago
Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On
Fofino [41]

Answer: C. Purchase facultative reinsurance and write the policy

Explanation:

The options are:.

A. Purchase another treaty and write the policy

B. Decline the business for reinsurance reasons

C. Purchase facultative reinsurance and write the policy

D. Cede the policy to the existing treaty if the risk is acceptable

Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.

A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.

5 0
3 years ago
In order for "limit pricing" to be effective, the firm practicing such a strategy must be able to charge a price that is:_______
pentagon [3]

In order for "limit pricing" to be effective, the firm practising such a strategy must be able to charge a price that is lower than the potential entrant's ATC but greater than the firm's own ATC.

Explanation:

A pricing strategy is a level where products are sold by a supplier at an expense that is cheap enough to make the market unprofitable for others. Monopolies use it in order to discourage market entry and in many cases it is illegal.

It is not able to sustain a monopolistic-ally profitable firm where P = MC and growth, with a long-run balance, generates an efficiency that approaches the minimum possible in an ATC business. Profit so long as potential customers can not enter the market.

5 0
3 years ago
What are the consequences of not notifying your reference of their inclusion in your job
lawyer [7]

Answer:

they probably wouldn't take you as seriously

Explanation:

I mean if you have references they know for sure that you are good.

4 0
3 years ago
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