The element of this and any other contract include CONSIDERATION.
In business law, consideration refers to the exchange of money and the receipt of the item that was bargained for. In every transaction, there is always consideration in order for the contract to be legally binding.
Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
Impact on cost of living, (cost) how business is handled, and the disrupt the way money is borrowed.<span />
Your answer is
<span>A. Increased speed of transactions</span>
Hii :))
Owner's equity is defined as the amount of money invested by the owner in the business minus any money taken out by the owner of the business.
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