A purpose of the statute of fraud is to prevent unreliable oral evidence from interfering with a contractual relationship.
The concept of a contractual relationship is a legal connection between two or more parties that is supported by an acceptable offer and consideration.
A contractual relationship entails accepting the protection and services of the other party as well as the risk of being imprisoned, fined, or otherwise penalised for breaching its terms. An individual must be legally contracted to the government before police can engage with them legally.
Once they have your authorization to act, the officer has the ability and jurisdiction to carry out his tasks. You have consented to this contractual relationship as a citizen and licenced driver, and as such, you are bound by its terms and conditions.
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Tao Company has fixed costs of $708,000. Its single product sells for $350 per unit, and variable costs are $232 per unit. If the company expects sales of 10,000 units, its margin of safety as a percent of expected sales is: Multiple Choice 40%. 50%. 35%. 45%. 60%.
The margin of safety is 40%.
What is margin of safety?
Margin of safety is the extent to which current sales level exceeds the breakeven sales level, bearing in mind that breakeven sales level is the sales revenue at which total costs are the same as total revenue.
In the first we need to determine the breakeven sales level, which is fixed costs divided by the contribution margin per unit(contribution margin per unit is the selling price minus variable costs)
breakeven sales=fixed costs/contribution margin
fixed costs=$708,000
contribution margin=$350-$232
contribution margin=$118
breakeven sales=$708,000/$118
breakeven sales=6,000 units
margin of safety=(current level of sales-breakeven sales)/current level of sales
current level of sales=10,000 units
margin of safety=(10,000-6,000)/10,000
margin of safety=40%
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Banks helped international trade by allowing merchants access to money in different locations. please select the best answer from the choices provided t f
The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
What is International Trade?International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
What is the role of the banks in International Trade?Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
What did a Merchant do?Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
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When filing your tax return, what is the maximum amount you can deduct for a capital loss?.
When filing your tax return, the maximum amount you can deduct for a capital loss is $3,000(for individuals and married filing jointly) or $1,500 (for married filing separately).
What is a tax return?A tax return is such or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data.
Tax returns give taxpayers the option to determine their tax liability, plan out their tax payments, or ask for refunds for any taxes they have paid in excess of what is required.
Some characteristics is of tax returns are-
For just an individual or corporation having reportable income, such as wages, interests, dividends, capital appreciation, or other earnings, tax returns must typically be filed annually.The tax return is just a document submitted to a taxing authority that lists earnings, outlays, and other pertinent financial data.Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.Tax returns must typically be filed yearly.To know more about tax returns, here
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Executives who coach, advise, and encourage individuals of a lesser rank are referred to as?
Executives who coach, advise, and encourage individuals of a lesser rank are referred to as mentors.
A mentor is a seasoned executive who helps you grow your skills, gain new perspectives, and make better decisions on your life and career. They guide individuals of a lesser rank by building trust and modeling positive behaviors.
Through Mentoring an individual offers professional expertise as well as support to a less experienced colleague. Thus, they share information about his or her own career path, as well as provide guidance, emotional support, motivation, and role modeling.
Hence, mentors play an important role in building up careers.
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Although they represent a relatively small proportion of new companies, most venture capital and a substantial proportion of job creation can be attributed to:________.
Although they represent a relatively small proportion of new companies, most venture capital and a substantial proportion of job creation can be attributed to: innovation-driven enterprise.
What is job creation?Job creation can be defined as the way making job available or creating job which inturn lead to employment opportunities for those that are unemployed.
Hence, most venture capital and a substantial proportion of job creation can be attributed to innovation-driven enterprise based on the fact that innovation-driven enterprise help to introduce people to new innovations.
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U. s. treasury securities considered to be risk-free because they have minimal, if any, ____ risk.
U. s. treasury securities are considered risk-free because they have minimal if any, default risk.
Given that the U.S. government stands behind them with its full faith and credit, Treasury securities are among the safest investments. According to the maturity period, Treasury securities are separated into three major groups:
Treasury Notes Treasury BondsTreasury BillsYou can buy any of these Treasury securities directly from the US government, through a bank, or through a broker. Despite being low-risk, treasuries do have some risks, such as being affected by inflation and interest rate changes. Treasuries have low returns because they are a secure investment. Federal taxes must be paid on interest received on Treasury securities.
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What is the proportion of the market that a firm captures?
a. key performance indicators
b. market share
c. critical success factors
Market share is the proportion of the market that a firm captures.
What is Market share?A company's market share is the percentage of total revenue or sales in a market that its business accounts for. For example, if a certain industry sells 50,000 units per year, a company that sells 5,000 of those units would have a 10% market share.
Market share is measured by dividing a company's total revenues by the total sales of the entire industry during a given time period. Data analysts and other professionals use this indicator to determine the size or presence of a company within a certain industry. Increased market share can enable a corporation to acquire greater scale in its operations and improve profitability.
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The classical economists believed __________ determined savings, while keynes said it was __________.
The classical economists believed interest rates determined savings, while keynes said it was income.
David Ricardo, Thomas Malthus, Anne Robert Jacques Turgot, John Stuart Mill, Jean-Baptiste Say, and Eugen Böhm von Bawerk are a few more prominent figures in classical economics.
Because of how supply and demand interact to affect price, classical economists hold that the market is always open and free. No intervention is required because the market regulates itself. People who support this kind of macroeconomic policy are referred to as laissez-faire economists.
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When a company guarantees the payment of debt owed by a supplier, customer or another company, the guarantor usually discloses the guarantee as a _ liability.
When a company guarantees the payment of debt owned by suppliers, customers, or another company, the guarantor usually discloses the guarantee as a contingent liability.
When a company ensures the payment of a debt owed by using supplies, customers, or some other organization. The guarantor generally discloses the guarantee in its monetary statement notes as a contingent liability. If it is possible that the debtor will default, the guarantor desires to record and report the guarantee in its financial declaration as liability
An assurance occurs when an entity accepts responsibility for an obligation if the party with primary duty is unable to settle the responsibility. It is most generally given to a related party, in which the guarantor has an interest in the financial success of the related party.
Credit guarantees, trade and exchange rate guarantees supplied by the state, and state insurance schemes such as deposits, crops, floods, minimum returns from pension funds, etc., are also in the category of explicit contingent liabilities.
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Suppose that a bank has accepted $20,000 in checking deposits, $40,000 in savings deposits, has $10,000 in cash reserves, and made $50,000 in loans. What is the bank’s reserve ratio?.
Answer:
16.71%
Explanation:
The computation of the bank reserve ratio is shown below:
= Cash reserves ÷ total deposits × 100
where,
Cash reserve is $10,000
And, the total deposits would be
= Checking deposits + saving deposits
= $20,000 + $40,000
= $60,000
Now put these values to the above formula
So, the ratio would equal to
= $10,000 ÷ $60,000 × 100
Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through.
Once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
What is tactical planning?Tactical planning is a process that aids in the formation of short-term and distinct plans that aid in the fulfillment of long-term plans for a business, organization, or individual.Strategic planning helps firms determine and implement long-term plans based on company objectives.Tactical planning has multiple components.Breaking down organizational goals that are longer than two or three years, for example, and constructing a goal-oriented calendar with short-term targets, such as a target for the next three or six months.Therefore, once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
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The complete question is given below:
Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through
Multiple Choice:
(A) operational planning.
(B) tactical planning.
(C) operating.
(D) strategic control.
(E) action plans.
Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold.
a. true
b. false
Answer:
True
Explanation:
The correct answer is true.
_____ are described as shared beliefs about how people should think and behave. an example would be showing up on time for meetings
Norms are described as shared beliefs about how people should think and behave.
In the society, social norms are perceived as informal, mostly unwritten, rules which thus, define acceptable and appropriate actions, and shared beliefs about how people should think and behave within a given group or community.
Norms guide human behavior, as they consist of what we do, what we believe others do, and what we believe others approve of in a group or community. Thus, norms offer social standards for appropriate and inappropriate behavior which governs what is acceptable in interactions among people.
Hence, norms are unwritten rules of behavior shared by members of a given group or community.
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_____________ occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.
An oligopoly occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.
Oligopoly markets are markets dominated with the aid of a small range of suppliers. They can be determined in all international locations and throughout a large range of sectors. some oligopoly markets are aggressive, even as others are appreciably much less so, or can as a minimum seem that way.
A number of the most exquisite oligopolies within the U.S. are in film and television production, recorded track, wi-fi companies, and airlines. for this reason the 1980s, it has become greater, not unusual for industries to be ruled with the aid of or three companies. Merger agreements among foremost gamers have ended in industry consolidation.
An oligopoly is a market structure in which a market or enterprise is ruled by means of a small wide variety of big sellers or manufacturers. Oligopolies regularly end result from the choice to maximize profits, leading to collusion among corporations.
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The horizontal summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period represents the?
The horizontal summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period represents the market supply.
Market supply means the total amount of goods or services that are produced by all the producers in a market including individuals, firms etc. in a defined period of time. All the businesses have their own unique supply curve due to their manufacturing infrastructure, cost structure and restrictions. When we add the supply curve of all these individual firms we get the market supply.
Supply curve is the graphical representation of the amount of goods and services that a firm is willing to produce at a given price of the goods or services.
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As a project manager, what action can you take during initiation to avoid project disruption?
The project's objectives, scope, and restrictions are typically determined during the beginning phase by a project sponsor working with a project manager. The project charter is then created.
What are two main actions in the initiation phase of a project?
The first stage in launching a new project is project initiation. You determine the project's purpose and the business value it will provide at the project start phase. Then, you use that knowledge to win support from important stakeholders.
Why is the process of initiation important?
Finding out why a project is needed and whether it is viable are the main goals of the start phase. Another crucial goal is to ascertain the project's requirements, which entails figuring out what the outcome will be, such as information, a prototype, a proof of concept, or a usable product.
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According to market technicians, it is time to sell stock in a head-and-shoulders formation when?
The sell signal is triggered when the price breaks downwards through the neckline heading down from the right shoulder.
What is sell signal?A sell signal is any indication that a trader should sell an asset. Fundamental or technical analysis is generally used to generate sell signals. Sell signals can be automatic, as with a stop-loss order, or they can simply notify the trader to sell and they must then execute the sell order manually.
The term "strong sell" refers to equities that a sell-side analyst predicts will drastically underperform the general market in the near term. A strong sell rating is a pessimistic recommendation for a stock that the analyst believes investors should avoid in their portfolio.
MACD provides four signals at its most basic level: When the MACD line crosses above the zero line, it indicates a positive trend.
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The general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is?
The general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is strategy.
What is a strategy?A strategy is a broad plan for achieving one or more long-term or overall goals in the face of uncertainty. The notion of the "art of the general," covered a variety of subcategories of talents such as military tactics, siegecraft, logistics, and so on.In contrast with a view of strategy as planning, Henry Mintzberg of McGill University defined strategy as a pattern in a stream of decisions, while Henrik von Scheel defines the essence of strategy as the activities to deliver a unique mix of value - choosing to perform activities differently or to perform different activities than rivals.According to Max McKeown (2011), "strategy is about shaping the future" and is the human attempt to achieve "desirable ends with available means."Therefore, the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is strategy.
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When a product price increases, why does the substitution effect encourage a consumer to buy less of a product?
It works because the product is now relatively more expensive than it was before.
The substitution effect occurs when the sale of a product decreases because the consumer moved their interest to some other cheaper product when its price increases. There is a condition here that the product needs to have some similarities between them. For example, Fountain pen or Ink pen, Pepsi or Cola, Tea or Coffee, etc. However, there are also exceptions present there that do not follow the substitution effect.
So if the price of Pepsi increases then the customers will start shifting toward Cola and the sales of Pepsi will decrease. This is the substitution effect.
The substitution effect doesn't explain the income factor and only the price is considered here. Therefore, the other options are incorrect as either they refer to the income of the consumer or don't match with the substitution effect.
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Aada’s city is trying to get citizens to invest in municipal bonds. how will the city most likely use these funds?
City will likely use these funds to to pay for road improvements.
What are Municipal Bonds?Municipal bonds are debt instruments issued by states, cities, counties, and other public bodies to support operating expenses and capital projects such as the construction of schools, roadways, and sewer systems. When you buy municipal bonds, you are effectively lending money to the bond issuer in exchange for the promise of regular interest payments, generally semi-annually, and the return of your initial investment, or "principal." The maturity date of a municipal bond (the day when the bond's issuer repays the principal) might be years in the future. Short-term bonds mature in one to three years, whereas long-term bonds take more than a decade to maturity.
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The people with authority and responsibility are subject to reporting and justifying task outcomes to those above them in the chain of command. This is called?
The people with authority and responsibility are subject to reporting and justifying task outcome to those above them in the chain of command is called Accountability.
Every employee is answerable to his superior at the accomplishment of the task assigned to him. This is accountability. When a manager delegates a task, he assigns duties and delegates the required so that his subordinates can accomplish the task.
However, the process is not complete unless the subordinate is answerable to the superior for his functioning. Therefore, authority goes downward and makes everyone accountable for the duties assigned.
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As stephanie makes decisions, the idea that her followers should accept the decision as if it were their own and not merely comply with the decision is:______.
Decision acceptance means that a decision is accepted by the followers. Follower Acceptance It is the idea in which the followers.
Making decisions can be seen as a problem-solving process that results in an optimal, or at least acceptable, answer. Consequently, it is a process that might be more or less reasonable or irrational and that can be founded on overt or covert facts and ideas.
Complex decision-making procedures frequently rely on tacit knowledge to fill in the blanks. Both tacit and explicit information are typically employed in tandem during the decision-making process.
The environment of the decision-maker may influence their choice. Complexity of the environment, for instance, is a factor that affects cognitive performance. A complicated environment is one that has a great variety of conceivable states that can change over time.
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________________ is a form of nonprobability sample using respondents who are convenient or readily accessible to the researcher—for example, employees, friends, or relatives.
Convenience sample is a form of nonprobability sample using respondents who are convenient or readily accessible to the researcher. The phrase "convenience sampling" is a method employed by researchers to collect data from a pool of respondents who are easily available for market research.
It is the most often utilized sample technique since it is so quick, simple, and affordable. If members choose to be part of the sample, they are frequently simple to get in touch with. Convenience sampling techniques include inviting respondents to take part in your study, gathering information from local sites, mailing surveys, and posting links on social media.
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Sometimes, monopoly forms, such as in the market for water or electricity. it would be inefficient for more than one company to be in this market. however, to prevent companies from charging outrageously prices, these industries are regulated by the .
Answer: Sometimes, a natural monopoly forms, such as in the market for water or electricity. It would be inefficient for more than one company to be in this market. However, to prevent companies from charging outrageously high prices, these industries are regulated by the government.
Explanation:
Sometimes, natural monopoly conditions, such as in the market for water or electricity. It would be inadequate for better than one group to be in this market. However, to control companies from charging outrageously high costs, these industries exist regulated by the government.
Why does a monopoly generate electricity?The easiest method to become a monopoly exists by the government giving a company exclusive privileges to provide goods or services. Government-created monopolies exist intended to result in economizing of scale that helps customers by keeping costs down.
A monopoly exists allocative inefficiently because the monopoly price exists more significantly than the marginal cost of production.
Sometimes, natural monopoly conditions, such as in the market for water or electricity. It would be inadequate for better than one group to be in this market. However, to control companies from charging outrageously high costs, these industries exist regulated by the government.
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JayZ wants to purchase Bluth Construction Company stock for $40.00 or less per share. He should use a
The fact that JayZ wants to purchase Bluth Construction Company stock only when it is $40.00 or less means that he should use a B. Limit Order.
What is a limit order?This is a method of trading stock which allows a person to buy stock only when it is at a certain price or less. When a person initiates a limit order, they are telling their broker not to buy a stock unless it goes below a certain price.
JayZ should therefore use a limit order for Bluth Construction Company stock. He should tell his broker to only buy stock in the company when it is $40 or less.
This type of transaction ensures that one buys stock only for a certain price and that it is done automatically without the need for the broker to contact their client.
in conclusion, option B. limit order is what JayZ should use for Bluth Construction Company stock.
Options include:
A. Discount broker
B. Limit Order
C. Stop-loss order
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The set of items that serve as media of exchange includes a. credit cards. b. short-term bonds. c. savings accounts. d. demand deposits.
The set of items that serve as media of exchange includes d. demand deposits.
What is a demand deposit?A demand deposit account (DDA) can be regarded as the bank account from which deposited funds can be withdrawn base on how it is needed.
This can be wit draw without advance notice and it can pay interest on the deposited funds .
Examples of this are:
Checking accounts savings accountsIt should be noted that The set of items that serve as media of exchange includes d. demand deposits.
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The best way to determine the implementation work that you should include in your lightning experience rollout plan is to:________.
The best way to determine the implementation work that you should include in your lightning experience rollout plan is to Learn about Lightning Experience features, review the comparison charts, and run the Lightning Experience Readiness Check.
What is plan?To plan is to devise a strategy or program to accomplish something. A teacher developing the curriculum for her class is an example of to plan.
Planning entails determining what to do, how to do it, when to do it, and who should do it ahead of time. This helps to bridge the gap between where the organization is and where it intends to be. The planning function entails setting goals and organizing them in a logical order.
Design, plot, project, and scheme are some popular synonyms for plan. While all of these words signify "a strategy devised for manufacturing or doing something or accomplishing a goal," plan always entails conceptual formulation and, in certain cases, pictorial depiction. construction designs for a house
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What is meant by data indicating that anxiety disorders, depressive disorders, and substance use disorders together account for 184 million dalys?
The data indicates that anxiety disorders, depressive disorders, and substance use disorders together account for 184 million days these disorders result in the loss of 184 million years of otherwise "healthy" life.
Anxiety disorders are a form of intellectual fitness situation. tension makes it tough to get thru your day. signs encompass emotions of anxiousness, panic, and worry as well as sweating and a fast heartbeat. remedies include medicines and cognitive behavioral therapy.
However, people with tension problems regularly have excessive, immoderate, and persistent fear and fear about normal situations. regularly, anxiety issues involve repeated episodes of sudden emotions of extreme tension and fear or terror that reach a peak within mins (panic attacks).
Anxiety disorders, along with OCD, panic problems, phobias or PTSD are taken into consideration as a disability and may qualify for Social security incapacity benefits. those with anxiety can qualify for incapacity if they are capable of proving their tension makes it impossible to paint.
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If a listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror. is this statement true or false?
It is True that listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror
Who is a Listing Broker?A listing broker helps property owners with the listing, marketing, and sale of their property. Listing brokers can work with commercial property owners as well as residential property owners, such as primary residences or vacation homes. Listing agents assist sellers with a range of responsibilities, including:
Putting the house on the marketHiring a photographer to shoot the houseChoosing a reasonable selling price for the propertyTo learn more about Listing Broker from the given link
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When using cooperative strategies, firms most frequently develop strategic alliances that:_____.
When using cooperative strategies, firms most frequently develop strategic alliances that create a competitive advantage.
What exactly are cooperative tactics?
A cooperative strategy is a type of planning in which two or more businesses collaborate to accomplish a single goal. Numerous businesses use collaborative tactics to boost their revenues by working with non-competitive companies. Companies that lack competitiveness, expertise, or resources especially benefit from a cooperative strategy. This tactic allows the business the chance to make up for its lack of competitiveness.
Additionally, a cooperative strategy gives businesses the chance to learn through collaboration and access to a wider and newer market. Companies who wish to open their markets and have a liberalist view of negotiating through cooperation have recently used a cooperative strategy.
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