Under Georgia license law, a license must remove any sign placed on a property, offering it for sale, within 10 days of the expiration of the listing.
A license does not apply to land or property possession but merely gives a legal proper or duty. License most effective has a tendency to create an identity or interest inside the immovable property to do something under the authority of the license. License neither can be transferred nor assigned.
The license below the transfer of assets Act way permission to go into or use the property of another. In the case of a license, ownership and possession will always remain under the control of the licensor and the licensee would only be entitled to a license.
A lease is a transfer of an interest in selected immovable assets, even as the license is bare permission, with no transfer of a hobby. 2. A lease creates an interest in favor of the lessee with admiration of the belongings, however, a license does not create such an interest.
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Answer:
The correct answer is letter "D": for goods with many substitutes than for goods with only a few.
Explanation:
Elasticity is a characteristic of certain items, by which price increases reflect a shift in their demanded quantity. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or greater than (1) the demand is elastic. If the demand is lower than 1, then it is inelastic.
<em>Goods with many substitutes are considered to be elastic because a minimal change in their price represents a significant change in the quantity demanded. As consumers have different options from where to choose if the price of one of the substitutes increases (for example), the quantity demanded for that good could face a dramatic drop.</em>
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The budgeted selling price per unit is $125. Budgeted unit sales for April, May, June, and July are 7,600, 10,500, 13,800, and 12,900 units, respectively. All sales are on credit. Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month.
Cash collection May:
From April= $125*(0.80*7,600)= $760,000
From May= 125*(0.20*10,500)= $262,500
Total= $1,022,500
Answer:
A)True
Explanation:
Physical distribution concept can be regarded as larger distribution process that involves wholesale as well as retail marketing and the physical movement ( transportation as well as storage.) of goods/service. It should be noted that the The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.