<span>Answer:
A court is most likely to rule against Flossy and in favor of Garth. Garth provided legally sufficient consideration by losing 100 pounds in weight over the stipulated two-year period. Generally, a waiver of a le- gal right—in this case, the right to eat to obesity—at the request of another party is sufficient consideration to support a promise. The promise in this question was the payment of $10,000. It does not matter whether the performance—the loss of weight—also benefited the Garth.</span>
Answer:
b) Paying higher wages can reduce a firm's training costs.
c) Paying higher wages encourages workers to be more productive.
d) Higher wages attract a more competent pool of workers.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal. The point at which the MRPL equals the prevailing wage rate is the labor market equilibrium.
The idea of the efficiency wage theory is that increasing wages can lead to increased labour productivity because workers feel more motivated to work with higher pay. Paying higher wages encourages workers to be more productive. Higher wages attract a more competent pool of workers. Workers stay with employers longer (instead of seeking out better-paying work with other companies) reducing businesses’ turnover, hiring, and training costs.
Answer:
The correct options are<em> (B). Provide information about dissatisfied customers and the possibility of lost future sales and (D). Are usually recorded in separate contra-revenue accounts.</em>
<em />
<em>From the foregoing the Account Receivable should be credited with the full amount of the original sales transactions not debited as provided in option </em><em>"A." Represent a reduction of the customer's account receivable.</em>
Explanation:
<em>Sales Returns and Allowances is a contra-revenue account deducted from Sales</em>. When customers return goods for one unsatisfied reason or the other, adjustments are made to the sales account. Likewise, deductions to the original selling price are made when the customer accepts defective products.
<em>How to Record the Sales Return Transaction
</em>
<em>The following under-listed steps are to be taken to make the appropriate entries:</em>
- Debit sales returns and allowances by the selling price.
- Debit the appropriate tax liability account by the taxes collected on the original sale.
- Credit cash or accounts receivable by the full amount of the original sales transaction.
Answer:
de-industrialization
Explanation:
De-industrialization is a process in which there is a shift of industries from an economy.
It is not necessary that the industry is then relocated somewhere else.
But it does not work any further in the city it is setup. Here also, the factory is closed in South Carolina. That is de-industrialization in the current city.
Although, the industry is setup in Malaysia, but the company do not work in its earlier location. And it has shifted from original location.
Thus, it is a case of de-industrialization.
Answer:
The correct answer is letter "B": That no other person was involved in the fraud in question.
Explanation:
In admission-seeking interviews, a professional interviews an individual that is alleged of being part of a fraud. It is vital for the interviewer to have knowledge on the facts that led to the fraud and beginning from there to have a well-thought series of questions that may allow to confirm if the individual is guilty or not. Before the interview, it is not so important to know if another person was involved in the fraud because that is something the professional might find out during the interrogation.
