The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
<h3>What is a lease agreement?</h3>
A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.
However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.
In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
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<em>brainly.com/question/24460932</em>
The transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.
Under the statement of Cash-flow, the financing activities section records all transactions that involves long-term liabilities, owner's equity etc.
- Hence, the transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.
Therefore, the Option C is correct.
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<em>brainly.com/question/735261</em>
Answer:
True
Explanation:
It's A.A because it makes more sense then b Falsehood
Answer: This is called <u>Self-interest bias</u>.
Explanation:
When someone is using this type of bias they are doing it for their own self interest. They will use all information gathered to use the information that will benefit themselves and their interests. This can be considered unethical in some types of businesses. The person using self interest bias will try to blame others for any failures that they may have. They may also refuse to take personal responsibility in any situation.
These are three other types of bias;
- Selection bias
- Information bias
- Confounding
