What are the basics of consideration?
The basics of consideration include the following elements:
Legal SufficiencyBargained for exchange. What is consideration?Consideration is a promise to act, exchange, or do something which the law does not obligate but an agreement creates.
For something to be regarded as a consideration, it must have legal value and form part of the exchange contract.
Thus, a thing or action does not qualify as a consideration if it lacks legal value (legal sufficiency) or does not form part of the contract (bargained for exchange).
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You receive an email "You won a Ford Bronco, Click the link to retrieve your prize."
What should you do? Select all that apply.
A) Click the link to receive your prize.
Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for
B) improper grammar and misspelled words.
C) Forward the email to your People Leader.
D) Respond to the sender to confirm if the email is legitimate.
E) Click the "Report Phish" button to report the suspicious email.
Submit All
Next
Back
How to navigate through the knowledge Check
• Click the Back button to return to the video
• Click the next button to proceed to the next
Question
. Click the Submit All button when you are ready to
all your answers to the questions
When you get a phishing email, your response should be as follows:
B. Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for improper grammar and misspelled words.
E) Click the "Report Phish" button to report the suspicious email.
What is email phishing?Email phishing is the sending of fraudulent messages to trick recipients into revealing sensitive information by making them think that they had become extremely lucky without participating in any lottery or game.
When email phishing is received, do not click the link or forward the email to another person. You do not need to respond to the sender, asking for its legitimacy.
2. The best way to navigate through the knowledge CHECK is A. Click the Back button to return to the video.
Thus, when you get a phishing email, your response should be Options B and E.
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EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $23 per dozen. Their current volume is 4,850 dozen per month. They are considering reducing their sales price by 23% per dozen. What are EasyFind's total current revenues per month
The total current revenues per month from EasyFind's company is $85893.5
What is the meaning of Total Revenue?Total revenue, often known as the entire sales, is the total money made by an organization from all merchandise sold.
If the present price of the golf ball = $23 and;The volume of sales monthly = 4850.Therefore, the monthly total revenue = $(23 × 4850) = $111,550
However, if we consider reducing the price by 23% per dozen, we have:
[tex]\mathbf{= \dfrac{23}{100} \times 111550}[/tex]
= $25656.5
Now, the total current revenue per month will be:
= $111550 - $25656.5
= $85893.5
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Identify any errors in the following partial balance sheet. The interest receivable should be ____________________________________. The allowance for doubtful accounts should be ____________________________________.
WORD BANK
- added to the notes receivable
- deducted from accounts receivable
- reported separately as a current asset
- shown on the income statement as revenue
As a current asset, the interest receivable needs to be shown individually. Accounts Receivable should be reduced by the allowance for shaky accounts.
What is the asset?A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current.
As a current asset, the interest receivable needs to be shown individually. Accounts Receivable should be reduced by the allowance for shaky accounts.
Therefore, As a current asset, the interest receivable needs to be shown individually
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#SPJ2
A theory is anything that people want to achieve
Answer:
FalseExplanation:
sorry if that is not what you were looking for.
How will the equilibrium price and quantity change if there is an increase in demand and a
decrease in supply? Draw the original curves and the new curves after the shift.
Answer:
Explanation:
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa. Supply and demand rise and fall until an equilibrium price is reached.
What is 6/8 x 5? Draw a model of your choice to help you solve.
PLEASE HELP RLY FAST!!!
50 points
If a manufacturer buys wheat directly from farmers, grinds it into flour, and then produces a variety of boxed breakfast cereal with the guidance of its research and development division, which of the following is true?
It is considered a tertiary industry because it involves three production phases.
It is considered a quaternary industry because it involves research and development.
It is considered a primary industry because it starts with unrefined raw materials
it is considered a secondary industry because it transforms basic materials into finished goods.
Answer:
It is considered a secondary industry because it transforms basic materials into finished goods.
Explanation:
got it right on edge 2022
The __________ method records bad debt expense only when an account is determined to be worthless.
a. allowance
b. direct write-off
c. gradual write-off
d. factoring
Marshall Manufacturing has recently reached an agreement with an intermodal marketing company to significantly reduce the cost of shipping its finished goods to some major business customers. This agreement will help Marshall reduce the costs associated with outbound logistics.
Following the agreement Marshall Manufacturing reached with an intermodal marketing company, it would enable marshal Manufacturing to: Cut Cost of logistics.
What is an agreement?An agreement is a consensus in opinion or feeling. In most organizations agreements is reached before a particular policy can be implemented. An agreement can be in form of a written form, a verbal form or even a recorded form.
For Marshal Manufacturing to cut cost of logistics, they had to enter an agreement with an intermodal marketing company. This marketing company would serve as a middleman between the manufacturers and end-users and would help cut logistics cost.
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What is a drawback to having a credit card if you aren’t responsible with it?
Answer:
Fees for not paying your bill in full
Explanation:
A drawback is an amount of excise or import duty remitted on imported goods that the importer re-exports rather than sells domestically.
Answer:
debt
Explanation:
What is the first step in starting up a business? and Why?
Answer: Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business
Explanation:
it takes time and you have to know what you're doing to make a successful business don't rush do your research before you try doing something big
In which situation would a banker's draft be used?
A. When a person is traveling in another country and does not want
to carry a lot of cash
B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account
C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds
D. When the person making the payment wants money to be
available in the receiving bank's account
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
What is bank draft?Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
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Answer:
D. When the person making the payment wants money to be
available in the receiving bank's account
Explanation:
A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.
All receivables that are expected to be realized in cash within a year are reported in the __________ section of the balance sheet.
a. current assets
b. investments
c. noncurrent assets
d. current liabilities
How project finance differ from ordinary lending
Corporate financing refers to the overall financial management of a company, such as determining the company's financial model, raising funds, maximizing the use of funds, and improving the company's operations, whereas project financing refers to making financial decisions for a project, such as funding sources.
Answer :
Project financing is simply a method of completing a project while safeguarding the company's other assets. As the project sponsor, your firm, Big Energy Corp., would basically create a second corporation to carry out the project's construction. This tiny firm is known as a project firm; we'll refer to it as Little Energy Co. Big Energy will possess most or all of Little Energy's stock and will most likely oversee the company's day-to-day operations as well. Independent lenders will provide additional cash in the form of Little Energy loans. Little Energy will go bankrupt if the project fails for any reason, but as the project sponsor, your firm, Big Energy, will not be accountable for any of Little Energy's obligations. This type of configuration is frequently employed in energy, infrastructure, and construction projects, despite its complexity. Let's take it a step further in the case of energy initiatives.
Big Energy, as the project sponsor, may be a wind developer trying to create a new wind farm, an oil firm looking to explore a new resource, or a transmission business looking to establish a new transmission corridor. This is a well-established corporation with assets, liabilities, and equity on its balance sheet. It would also have the in-house competence to assess field projects and the contacts to complete them. Even yet, shareholders in organizations like Big Energy Corp. want to minimize their exposure in the event that the project fails.
This is similar to revenue bonds in the public sector. The project is the only source of prepayment.
General obligation bonds are safer. THE COMPANY'S OR GOVERNMENT'S ENTITIES ARE PLEDGEED AS SECURITY FOR PAYMENT.
how do you find your future work as interesting and exciting.-
Answer:
keep your mind clear an good
Explanation:
find a quiet place
Answer:
It is interesting and exciting because it will help me to achieve my destination and also get income on it
What is the remainder when 5,784 is divided by 28?
Answer:
16
Explanation:
Check the result:
206 * 28 + 16 = 5,784
Answer:
5, 784 divided by 28 is equal to 0 remender 21
Does any body know how to speed up the process of finding answers
Answer:
Hi
Explanation:
it honestly depends try reloading or refreshing or poking on other sites that LOOK APPROPRIATE
Periodic and Perpetual system can be used in FIFO method
Select one:
True
False
Answer:
True
Explanation:
Using the FIFO costing method will always produce the same results whether a company uses perpetual or periodic inventory.
Match the terms with the appropriate definition.
1. arbitration
desired outcome or achievement
2. bilingual
ability to use two languages fluently
3. compromise
the act of training an employee to also perform tasks performed by another employee
4. constructive criticism
activities outside the scope of your education or employment that enhance personal development and pleasure
5. cross-training
when a third party is consulted to make a final decision in resolving a conflict
6. extracurricular activities
explaining an error to another person in a positive way and offering ideas to avoid similar mistakes in the future
7. goal
to give up something to resolve a conflict
Answer:
1. goal
2.correct
3.cross training
4.extracurriculars
5.arbitration
6.constructive criticism
7.compromise
How do population affect the government critically
Answer:
Rapid population growth strains political institutions and increases pressure on services.
Explanation:
Suppose that the six-month interest rate in the United States is 2%, while the six-month interest rate in Britain is 4%. Further, assume the spot rate of the pound is 1.25. Suppose that you have $500,000 with which to attempt covered interest arbitrage. Assume the forward rate is $1.22596, as you just calculated, and the interest rates are the same as have been used throughout this problem. To start, you exchange your $500,000 (at the spot rate of 1.25) for 400,000pound. After depositing these funds for 6 months, and earning a return of 4%, your deposit grows to 416,000pound. When you convert your 416,000pound back to dollars, you end up with approximately_________________ , for a profit of about over your original $500,000. However, had you simply deposited your $500,000 in an account and accrued 2% interest, you would have ____________ , for a profit of ______________. This example illustrates that covered interest arbitrage ___________offer a significantly larger return than simply depositing the funds in a domestic account under internet rate parity.
After depositing these funds for 6 months, and earning a return of 4%, your deposit grows to 416,000pounds.
When you convert your 416,000pounds back to dollars, you end up with approximately $520,000, for a profit of about $20,000 over your original $500,000.
However, had you simply deposited your $500,000 in an account and accrued 2% interest, you would have $510,000 ($500,000 x 1.02), for a profit of $10,000.
This example illustrates that covered interest arbitrage does offer a significantly larger return than simply depositing the funds in a domestic account under internet rate parity.
What is the covered interest rate arbitrage?The covered interest rate arbitrage is a trading strategy that enables an investor to:
Use favorable interest rate differentials.Invest in a higher-yielding currency.Hedge the exchange risk through a forward currency contract.Data and Calculations:Funds for covered interest arbitrage = $500,000
Forward rate = $1.22596
Six-month interest rate in the United States = 2%
Six-month interest rate in Britain = 4%
Spot rate = $1.25
Value of $500,000 in pounds = $400,000 ($500,000/$1.25)
Expected returns on deposit for 6 months = 4%
New value of $500,000 in pounds after 6 months = $416,000 ($400,000 x 1.04)
Dollar value of 416,000 pounds = $520,000 ($416,000 x $1.25)
The gain or profit from the original $500,000 funds = $20,000 ($520,000 - $500,000)
Thus, the example illustrates that covered interest arbitrage does offer a significantly larger return than simply depositing the funds in a domestic account under internet rate parity.
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Classify each of the following situations as either frictional, structural, or cyclical unemployment.
a. Maria has started looking for work after taking time off to have a baby.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
d. Adam has just arrived in a new city and is looking for work.
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.
Classifying each situation into frictional, structural, or cyclical unemployment is:
a. Frictional unemployment
b. Structural unemployment
c. Cyclical unemployment
d. Frictional unemployment
e. Structural unemployment.
f. Cyclical unemployment.
Unemployment is simply the inability of a person to secure a job or find a job after searching .
a. Maria has started looking for work after taking time off to have a baby
Classification : Frictional unemployment.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
Classification: Structural unemployment.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
Classification: Cyclical unemployment.
d. Adam has just arrived in a new city and is looking for work.
Classification: Frictional unemployment
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
Classification: Structural unemployment.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.
Classification: Cyclical unemployment
Inconclusion each of the following situations are: a. Frictional unemployment; b. Structural unemployment.
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What are demand deposit accounts?
Answer:
it's a deposit of money that can be withdrawn without prior notice
Zen cart is written in _________________ , which is a programming language widely used for developing web-based applications. It is free and open-source and is one of the most popular computer languages with web developers because of its simplicity and power.
Answer: php
Explanation:
What types of training do Teach for America recruits undergo before they are placed in the classroom?
The Teach for America Recruits do undergo five weeks of training and intensive preservice coursework before they are placed in the classroom.
What is the intensive preservice coursework all about?The intensive preservice coursework for Teach for America Recruits is to prepare them ahead and equip them with necessary skills to perform their duty.
Therefore, after the five weeks of training and intensive preservice coursework , they will be placed in classrooms as student teachers or team teachers.
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How can birth rate and life expectancy combine to impact a nation's use of scarce resources?
The birth rate and life expectancy are related to the resources of a country, because the relationship between the amount of resources and the amount of resources that people will use throughout their lives can be made.
What is the birth rate?The birth rate is a statistical indicator of the communities in which it is established as the number of births per hundred thousand inhabitants.
What is life expectancy?Life expectancy is a statistical indicator of communities that establishes the average age lived by citizens of a given area.
How are life expectancy and birth rates related to available resources?Each country has a limited amount of resources for citizens to use. However, these are going to end up compromising the subsistence of future generations.
In this case, it is of great importance to know the birth rate and life expectancy to establish how much longer these resources will be able to be used before they run out and to propose strategies and alternatives to face the scarcity of resources.
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A retailer had the following information: 30 November 2019 Inventory on hand at cost (incl. VAT) R17 250 R13 800 December 2019 Sales (at cost plus 25% December 2019 Purchases at cost (incl. VAT) mark-up) (incl. VAT) R18 400 The estimated cost of inventory to be shown on the retailer's statement of financial position as at 31 December 2019 is?
A retailer has the following information The estimated cost of inventory to be from ACCOUNTING 101 at Far Eastern University
The amount that the shareholders have invested into the company is called: Multiple Choice Retained earnings. Accumulated other comprehensive income. Paid-in capital. Shareholders’ equity.
Bullwinkle Co. acquired an adjacent vacant lot with the hope of selling it in the future at a gain. The lot is not intended to be used in Bullwinkle business operations. Where should such real estate be listed on the balance sheet?