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2 years ago

The rules governing when a sale is a sale when the product is _and _; the buyer can cancel prior to that.

1 answer:

6 0

Basically, the rule of sales contract recognizes that sales is done when the product is negotiated on and paid for, and thus, the the buyer can cancel prior to that.

In the contract on sales, a sale formally becomes a sale when a party gives something to another in exchange for money.

The consideration (Premium/Sales cost) is the main factor that makes a sales contract valid and legal.

Hence, the rule of sales contract recognizes that sales is done when the product is negotiated on and paid for, and thus, the the buyer can cancel prior to that.

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Entry into a market by new firms will increase the:_______

Oksi-84 [34.3K]

Answer:

The right approach is Option a (supply of the good).

Explanation:

Supply would increase substantially of some more production. Increasing the income of established businesses wouldn’t rise, as there has been increasing competitiveness.
This similar value of the product is likely to decline due to further fulfillment as well as the same requirement. Marginal costs would never be compromised.

Anyone else alternatives possible does not apply to the situation throughout the question. That's the right thing above.

8 0

3 years ago

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat

otez555 [7]

Increased competition.

Answer: Option 3.

Explanation:

Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.

In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.

5 0

2 years ago

Why are american firms moving manufacturing jobs overseas?

strojnjashka [21]

Cheap labor force...American businesses can save a substantial amount if they outsource.

5 0

3 years ago

Estimate the liquid density (g/cm3) of propane at 298 K and 10 bar. Compare the price per kilogram of propane to the price of re

Deffense [45]

Answer:

Density of propane = 17.8 g/L

Propane is more priced than gasoline

Explanation:

Given:

Temperature, T = 298 K

Pressure, P = 10 bar = 0.987 × 10 = 9.87 atm

now,

Molar mass of propane, M = 44.1 g/mol

From ideal gas law

⇒ PV = nRT

here,

n is the number of moles

R is the ideal gas constant = 0.0821 L.atm/mol.K

also,

Density, D = $\frac{\textup{Mass}}{\textup{Volume(V)}}$

V = $\frac{\textup{Mass}}{\textup{D}}$

and,

nM = mass

thus,

V = $\frac{\textup{nM}}{\textup{D}}$

substituting in the ideal gas relation

we have

P = $\frac{\textup{DRT}}{\textup{M}}$

D = $\frac{\textup{PM}}{\textup{RT}}$

D = $\frac{9.87\times44.1}{0.0821\times298}$

D = 17.8 g/L

Now,

1 gallon = 3.78 Liter

Therefore,

5 gallon = 5 × 3.78 Liter = 18.9 Liter

Thus,

mass of 5 gallon propane = Volume × Density

= 18.9 Liter × 17.8 g/L

= 336.42 g

= 0.336 kg

also it is given that Price of 5 gallon propane i.e 0.336 kg = $30

Therefore,

Price per kg = $\frac{30}{0.336}$

= $89.28

and,

Mass of 5 gallons i.e 18.9 Liter gasoline = Density × Volume

= 0.692 g/cm³ × 18.9 Liter

also,

1 L = 1000 cm³

thus,

= 0.692 g/cm³ × 18.9 × 1000 cm³

= 13078.8 g

= 13.078 kg

Therefore,

Price per kg of gasoline = $\frac{\$30}{13.078}$

= $2.29

hence, propane is more priced than gasoline

4 0

3 years ago

A truck costing $12,100, which has Accumulated Depreciation of $9,010, was sold for $2,010 cash. The entry to record this event

blagie [28]

Answer:

Loss of $1,080

Explanation:

The correct journal entries would be:

Dr Accumulated Depreciation 9,010

Dr Cash 2,010

Dr Loss on sale 1,080

Cr Truck (Asset) 12,100

Thus, the correct answer is a loss of $1,080

3 0

3 years ago

The rules governing when a sale is a sale when the product is _____and _____; the buyer can cancel prior to that.

The rules governing when a sale is a sale when the product is _and _; the buyer can cancel prior to that.