Red promises to compensate Sari if she can provide specific documents in thirty minutes. Sari can accept the offer only if she completes the assignment by the deadline. Red and Sari will have a unilateral contract if she does. Thus, the right option is (c.) a unilateral contract.
What is a unilateral contract?In contrast to the more usual bilateral contract, a unilateral contract is a sort of agreement in which one party (also referred to as the offeror) makes an offer to another person, organization, or the general public.
A unilateral contract would look like this: "I will pay you $1,000 if you transport my automobile from Cleveland to San Francisco." Acceptance is demonstrated by bringing the automobile. Normally, the distinction is sole of academic relevance.
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you are hired as a consultant to advise a small firm on forecasting methodology. based on your research, you find the company has a mad of 3. it wants to have a 99.7 percent control limits on its forecasting system. its most recent tracking signal value is 15. what should be your report to the company? multiple choice the forecasting model is operating acceptably. the forecasting model is out of control and needs to be corrected. the company is using an inappropriate forecasting methodology. the upper control value is less than 20. the mad value is incorrect.
A small business The forecasting model needs to be fixed because it is out of control.
What would you say is a tiny business?It uses firm income (from $1 million to over $40 million) and employment to define small businesses (from 100 to over 1,500 employees). For instance, a roofing contractor is considered a small business by the SBA if its yearly sales is $16.5 million or less. Selling artwork, taking photos, making independent movies, running dancing studios, and many more small companies are examples. The more lucrative ones include hand-made arts and crafts, virtual art workshops, and photography and videography. Small businesses are at the forefront of innovation — they produce more than 16 times more patents per employees than large companies. All of those new, emerging technologies benefit our quality of life by introducing transformative new products and services
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the term capital budgeting is used to describe how managers plan significant investments in projects that have blank implications.
The term capital budgeting is used to describe how managers plan significant investments in projects that have long-term implications. Capital budgeting also used to evaluate potential project and investment in the company or also government project.
In business and economics, capital budgeting generally can be defined as the process a business undertakes to evaluate potential major investments or also projects. The examples of projects that would require capital budgeting before they are rejected or also approved are construction of a big investment or a new plant in an outside venture. There are several methods of capital budgeting, such as payback period (PB), net present value (NPV), and also internal rate of return (IRR).
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one remedy to consumers who sign lease agreements is to receive attorney fees if the court decides that the lessor has subjected the consumer to a(n): blank .
Attorney's fees are restricted in cases involving leases or consumer contracts.
What serves as the fundamental foundation for calculating attorney fees?In the absence of an express agreement, the legal term "quantum meruit," which literally means "as much as he deserves," is used to determine an attorney's professional fees. A contingency fee compensates the lawyer for their legal services based on a percentage of the settlement or verdict. Although it can be utilized for other types of cases as well, this kind of arrangement is commonly employed for personal injury cases (negligence incidents like car or slip-and-fall accidents). The level of difficulty of a certain legal activity, the time commitment, the attorney's experience and expertise in that field of law, as well as the cost of doing business, are all taken into account when determining how much to charge a client.
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Attorney's fees are restricted in cases involving leases or consumer contracts.
What serves as the fundamental foundation for calculating attorney fees?In the absence of an express agreement, the legal term "quantum meruit," which literally means "as much as he deserves," is used to determine an attorney's professional fees. A contingency fee compensates the lawyer for their legal services based on a percentage of the settlement or verdict. Although it can be utilized for other types of cases as well, this kind of arrangement is commonly employed for personal injury cases (negligence incidents like car or slip-and-fall accidents). The level of difficulty of a certain legal activity, the time commitment, the attorney's experience and expertise in that field of law, as well as the cost of doing business, are all taken into account when determining how much to charge a client.To learn more about attorney's refer to
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true or false: exporting and importing are sustainable long-term business strategies that guarantee a firm permanent access to overseas markets with minimal direct investment and limited risks.
A wholly owned subsidiary is a foreign business that is entirely owned and managed by a multinational corporation. To accomplish the aims and objectives of the company, strategic management requires ongoing planning, monitoring, and analysis.
Which of the following statements concerning global network structures is accurate?
Decisions are taken locally, yet each grouping communicates with headquarters and occasionally with one another in these complex integrations of business operations and communications.
A transnational business plan's main benefit is that it is less expensive than a multi-domestic strategy since it places a higher priority on global uniformity and efficiency. Global companies centralise as much resources as they can, reducing expenses.
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cherry company manufactures electronic yard tools. costs for may were direct labor, $84,000; indirect labor, $51,000; direct materials, $69,000; indirect materials, $9,000; factory utilities, $6,900; and insurance on manufacturing equipment, $2,100. cherry company's manufacturing overhead for may is:
The manufacturing overhead for may is $222,000
Manufacturing overhead costs are the initial charges that a corporation incurs for things like the purchase of materials and indirect labelling. electricity, machinery, maintenance, factory supplies, insurance, etc.
This is often referred to as factory overhead, and it refers to costs that are further recorded in the balance sheet or in the profit and loss statement and divided by the firm's profit even if they have no direct bearing on manufacturing.
Manufacturing Overhead allocated during the year = Direct Labor + Indirect Labor + Direct Materials + Indirect Materials + Factory Utilities + Insurance
= 84,000 + 51,000 + 69,000 + 9,000 + 6,900 + 2,100
= 222,000
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which communication method is most appropriate for assessing the commitment of project stakeholders?
Communication method is most appropriate for assessing the commitment of project stakeholders Meetings.
Email is one of the maximum famous gears to apply for stakeholder communication. It has some of advantages including instant transport of facts, evidence of sending, it makes it less complicated to manipulate communications with every stakeholder and you may additionally screen engagement and open rates.
For a venture that includes crew contributors operating remotely, for example, a video convention is an extremely good manner to hold in contact and trade facts on development and goals. For initiatives with an inner crew, face-to-face meetings are regularly the fine technique of communication.
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katie company issues $14 million in bonds. the bonds are well received by investors solely based on the excellent reputation and past performance of the company, its products, and its executives. katie most likely is issuing a(n) bond.
Katie most likely is issuing a debenture bond.
A debenture bond is a bond that is not secured by the issuer's assets. Instead, the bond is only backed by the issuer's reputation and integrity. To compensate investors for the increased risk of not having their funds repaid, this type of bond typically bears a higher rate of interest than a secured bond.
Debentures can pay periodic interest payments, which are also known as coupon payments. Debentures, like other types of bonds, are documented in an indenture. An indenture is a legally enforceable agreement between bond issuers and bondholders. The contract specifies the terms of a debt offering, such as the maturity date, the timing of interest or coupon payments, the method of calculating interest, and other details. Governments and companies both have the authority to issue debentures.
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under which approach to financing with receivables does the borrower act like it borrowed money from the lender, with the receivables remaining on the borrowers balance sheet and serving as collateral?
With a secured borrowing, the borrower pretends to have borrowed money from the lender while still keeping the receivables as collateral on their balance sheet.
Give a brief account on secured borrowing.A secured loan is cash you borrow that is guaranteed by a property you own, typically your house. Although secured loans can be a considerably riskier option, they often have lower interest rates than unsecured loans. It's crucial to understand how secured loans operate and what can happen if you can't keep up with your payments because your asset might be repossessed if you fall behind on payments.
Typically, one can obtain a larger loan than one might with an unsecured loan.Typically, one has pay an interest rate that is lower than that of an unsecured loan.If, for instance, a person don't have a solid credit history or is self-employed, it could be simpler to get authorized for a secured loan than an unsecured loan.To know more about, secured borrowing, visit :
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if a central bank decides it needs to decrease both the money supply and the aggregate demand, then it will:
If a central bank decides that it needs to reduce both aggregate demand and the money supply, it will implement a tight monetary policy.
What happens if the central bank reduces the money supply?
If the Fed wants to reduce the money supply, it sells bonds from its account, bringing in cash and removing money from the economy. The federal funds rate adjustment is a highly anticipated economic event.
The central bank uses contractionary monetary policy to reduce the supply of money and credit in the economy, which raises interest rates, discourages borrowing for investment and consumption, and shifts aggregate demand to the left.
Therefore, A contractionary monetary policy is implemented when a central bank reduces the money supply while increasing interest rates.
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godiva chocolatier invites consumers to stop by one of its stores for an unforgettable experience, including delectable chocolates, decorative gift collections, and unrivaled customer care. what type of retail service is godiva offering?
Godiva is offering full retail service.
Full-service retail makes an effort to manage almost every step of the purchase, from assisting the customer with product selection through payment alternatives. Full service retail stores offer a vast selection of desired goods at incredibly affordable retail pricing together with a qualified, customer-friendly and knowledgeable sales crew.
For example, Apple makes sure that all of its retail store staff members are appropriately trained to answer client inquiries. It is regarded as a pioneer in many facets of customer service since it offers consumers a wealth of information about the product, enabling them to make educated decisions. Customers receive assistance from store staff at every stage of the purchasing process.
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improvements in the productivity of labor will tend to: group of answer choices decrease wages. decrease the supply of labor. increase wages. increase the supply of labor.
Improvements in the productivity of labor will tend to option(c) increase wages.
Production per worker or per hour worked is referred to as labor productivity. Skills of the workforce, technology advancement, managerial techniques, and changes in other inputs are all variables that can have an impact on labor productivity (such as capital).
Growth in productivity helps businesses to raise worker wages. Unit labor costs (ULCs), a measure of the labor expenses incurred in generating one unit of output, go down as labor productivity rises, allowing businesses to offset the impact of pay increases on profits.
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which statement is true about determining the quality of products or services? multiple choice question. consumers do not use prices to make quality judgments about services. nondiagnostic cues of the service provider cannot be used to make a determination of the quality of products or services. it is hard for consumers to assess the quality of services, due to their intangibility. prices can never be used as a quality indicator in high-risk purchases.
The statement "It is hard for consumers to assess the quality of services, due to their intangibility" is true about determining the quality of products or services.
A product's quality is determined by how well it satisfies consumer needs, accomplishes its purpose, and complies with industry standards. Businesses take into account a number of important factors when assessing a product's quality, such as whether it provides a solution to a problem, functions effectively, or serves the needs of customers.
The success of the business and the development of its reputation in target markets are both impacted by product quality, which is crucial. It can result in lower production costs, higher investment returns, and higher revenue when businesses are able to produce high-quality products that continue to satisfy customer demands.
Customers who depend on a company's meticulousness and commitment to meeting their needs value product quality as well. Consumers anticipate that products will satisfy their needs as advertised by the company when companies create products to fill needs in the market. They want items that aid in building a relationship with a brand so they can trust the services it provides. Customers can solve their problems safely and effectively with the help of high-quality products.
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the optimistic regional sales manager wondered what the selling price of the soda would need to be in order to achieve a 20% increase in the contribution per unit?
The selling price of a good or service is the final cost to the seller, or what the buyer actually pays. A commodity or service in a specific amount, weight, or measurement can be exchanged. It is one of the most crucial things for a business to decide.
The price a buyer pays to purchase a good or service is known as the selling price. A portion of the profit is also included in the price, which is higher than the cost price.
($0.28 * 1.2) + $0.48 = $0.82
Variable cost plus (Contribution margin * 1.2) Equals new selling price
It is significant since it determines whether or not it will survive. Sales of a product are directly impacted by its price. Because it heavily influences how many units of a product are sold, determining the selling price is a very delicate subject. The selling price can be determined using a variety of methods and formulas.
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stormer company reports the following amounts on its statement of cash flow: net cash provided by operating activities of $33,000; net cash used in investing activities of $12,000 and net cash used in financing activities of $15,000. if the beginning cash balance is $6,000, what is the ending cash balance?
The ending cash balance is $12,000.
Net cash provided by operating activities 33000
Add: net cash from investing activities (12000)
Add: net cash from financing activities (15000)
Net change in cash $6000
Add: beginning cash balance $6000
Ending cash balance $12000
What is cash balance?The sum of net cash that a business has on hand is known as its cash balance. To cover any unforeseen net cash outflows, this money is maintained on hand. Businesses can find themselves unable to pay their expenses without this safety net.Normally, cash balances are put toward debt repayment or given back to investors in the form of a dividend. A cash balance is especially important for companies with large variations in the timing and volume of their net cash inflows and outflows.Contrarily, businesses with a lack of cash may be pushed to engage in unwanted activities in order to enhance their financial statements and acquire operating capital, which could result in their missing out on significant possibilities.Businesses that have a large cash balance suffer from a financial drag and frequently miss out on investment possibilities.To learn more about cash balance from the given link
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the accounting-like idea that the work done on a system changes the system's energy is called .
The law of conservation of energy refers to the accounting-like concept that the work done on a system alters the system's energy.
Energy cannot be created or destroyed; instead, it can only be changed from one type of energy to another, according to the law of conservation of energy. This indicates that unless energy is introduced from the outside, a system always has the same quantity of energy. In the situation of non-conservative forces, when energy is changed from mechanical energy to thermal energy yet the total energy does not change, this is especially perplexing. Energy must be converted from one form to another in order to be used.
Law of Conservation of Energy Examples:
In a loudspeaker, electrical energy is converted into sound energy.In a generator, mechanical energy is converted into electrical energy.When fuels are burnt, chemical energy is converted into heat and light energy.Learn more about Law of Conservation of energy at,
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patents on drugs to treat aids were removed in south africa. how would the market for these drugs have been different if there had never been patents on drugs? the drugs would not have been developed. larger quantities of the drugs would have been produced. the drug prices would have been lower from the start. the drug prices would have been even higher.
The market for these drugs has been different if there had never been patents on drugs as the drugs would not have been developed.
A patent is a legal proper to an invention given to someone or entity without interference from others who want to duplicate, use, or sell it. Patents are granted by using governing government and have a time restriction, commonly 20 years.
There are 3 sorts of patents - software, design, and Plant. Utility patents can be granted to all of us who invent or discovers any new and useful manner, system, article of manufacture, or compositions of topics, or any new useful development thereof.
A patent gives you the right to stop others from copying, manufacturing, selling, or importing your invention without your permission. See defensive highbrow property. You get protection for a pre-decided length, permitting you to keep competition at bay. You can then use your invention yourself.
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zinc, inc. allows its customers a 2% discount if they pay cash and otherwise allows 30 days credit. 15% of their customers take the discount and pay in the month of purchase. the remainder pay in the month following purchase. sales in october are $25,000 and sales for november are projected to be $30,000. calculate cash inflows for november:
Zinc, inc. allows its customers a 2% discount if they pay cash and otherwise allows 30 days credit. Cash Inflows for November = $25,660.
Cash Inflows for November = Cash Sales less discounts from November Sales + Credit Sales from October Sales
November's cash inflows are calculated as follows: 15% * $30,000 * (1 - 0.02) + 85% * $25,000.
November's inflows of money equal $4,410 plus $21,250.
Inflows of cash for November equal $25,660
Chemically speaking, zinc is an element with the symbol Zn and atomic number 30. At room temperature, zinc is a slightly brittle metal that, when the oxidation is removed, appears shiny-grey. The body only requires trace amounts of zinc, but despite this, nearly 100 enzymes rely on it to carry out essential chemical reactions. It plays a significant role in the production of DNA, cell growth, protein synthesis, tissue repair, and maintenance of a strong immune system.
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carol had considered buying a 2015 raddo car. while researching the car before she bought it, she came across a magazine article claiming that the car's brakes were prone to failure. carol was motivated to pay attention to the article because of the information's:
Carol was motivated to pay attention to the article because of the information's perceived safety risk.
Adjective. "motivating." /mtvet/ us. able to inspire a person's enthusiasm for a task: An inspiring manager understands how to support others in taking action.
motivate is more about giving people reasons to act, whereas inspiration is more about a person reaching a point of wanting to act. That is the distinction between babysitting and empowering, motivating or swaying, starting a fire and putting it out. Both inspiration and motivate are required. Any member of a class of specific words used with noun phrases to indicate the identity of the noun phrase referents is considered an article. Articles as a category make up a part of speech. Both "the" and "a(n)" are articles in the English language, which join with nouns to create noun phrases.
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the owner of a chain of supermarkets notices that there was a positive correlation between the sales of beer and the sales of ice cream over the course of the previous year. during seasons when sales of beer were above average, sales of ice cream also tended to be above average. likewise, during seasons when sales of beer were below average, sales of ice cream also tended to be below average. the owner is curious whether the observed association is due to a cause-and-effect relationship between eating ice cream and desiring beer. to investigate this, the owner should use:
Another factor, such as the weather, may have an impact on the sales of both ice cream and beer.
What does a business sale entail?Any transaction where money or substance is transferred for the right to own a good or access to a service is referred to as a sale in regular commercial operations . When used in the sense of accounting, the term "sales" describes the revenue that a company generates from the sale of goods and services (net sales).
Why are sales so crucial?Sales have a big effect on how customers become loyal and how much faith they have now in businesses .The key factors that influence a customer's decision to refer your business to a family member or friend or to leave a positive online review of your goods or services are trust and loyalty.
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All of the following are examples of the importance of a students grade point avergage point:
All of the following are examples of the importance of a student's grade point average except it enhances your ability to make the varsity swim team. Option A
What is a student's grade?Generally, The average grade is a quantitative and objective method that may be used to evaluate a student's performance throughout the course of an academic year, semester, or exam.
Many students stress over their academic performance in the hopes of improving their grade point average. This is because your GPA is one of the primary factors that determine whether or not you will be admitted to college and whether or not you will be eligible to receive financial aid in the form of a scholarship.
In conclusion, In addition, it decides whether or not you are able to participate in advanced placement (AP) or college programs since, if you do not achieve a specific level, you will not be admitted to such institutions.
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CQ
All of the following are examples of the importance of a student's grade point average except:
A. it enhances your ability to make the varsity swim team.
B. It enhances your ability to take AP or college classes.
C. it enhances your ability to get a scholarship.
D. It enhances your ability to go to the college of your choise.
omar hires petra, a real estate broker, to act as his agent to sell his land for $150,000. oil is discovered beneath the land, causing its market value to increase considerably. the agency agreement is likely
Omar hires Petra, a real estate broker, as an agent to sell his land for $150,000. Oil was discovered underground, greatly increasing its market value. The agency contract may be automatically terminated.
A tacit agency terminates certain circumstances where there is good reason to believe that one or both parties do not wish to continue the relationship. An agency shall terminate rights when either party dies or becomes incompetent, or if the purpose of the agency becomes unlawful.
If the law changes before the offer is accepted, the law will terminate the offer as it will become a void contract. In case the object of the offer is destroyed before it is accepted, this also means the termination of the offer.
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do you think it is possible for government to outlaw everything that businesses could do wrong? if so, why does government not do that? if not, how can regulation stay ahead of rogue businesses that push the limits of the system until it breaks?
No, the government cannot outlaw everything that businesses might do wrong. A market-oriented economy encourages and benefits from competition.
An economy is a network of interconnected production and consumption activities that ultimately determine resource allocation within a group. The overall production and consumption of goods and services meet the needs of those who live and work within it.
The economy is a social institution that organizes the production, distribution, and consumption of goods and services in a society. It is divided into three sections: the primary, secondary, and tertiary sectors.
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Expenditures that add to the utility of fixed assets for more than one accounting period are.
Expenditures that add to the utility of fixed assets for more than one accounting period are capital expenditure.
What is capital expenditure?A capital expenditure can e described as the type of expenditure that is been used in funding a particular asset which is been expected by the owner of the business to provide utility to a business .
And this can be used for as many as reporting period which is a way to make the business to grow better, it should be noted that the capital expenditure is very important in the business sytem.
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service companies can differentiate their service delivery by having more able and reliable customer-contact people. true or false?
It is true that service companies can differentiate their service delivery by having more able and reliable customer-contact people.
Service providers can differentiate their service delivery by hiring more competent and trustworthy customer-contact staff, creating a better physical location in which to provide the service product, or creating a better delivery method. By using symbols and logos, service providers can try to differentiate their images.
More difficult to define and evaluate than product quality is service quality. Depending on how customers and workers interact, service quality will always fluctuate.
A good customer service recovery can win over disgruntled clients. There is a lot of demand on service businesses to boost productivity. They can hire new workers who will work harder or more skillfully or they can train the current ones more effectively.
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how will you know if the letter regarding a buyer's loan capacity is a prequalification letter or a preapproval letter?
If the letter states that the loan approval is subject to "verification of the buyers' income and credit information" it is a prequalification letter.
Preapproval, as opposed to prequalification, is a more precise estimate of how much you could borrow from your lender and calls for records like your W2, most recent pay stubs, bank statements, and tax returns. The lender will then use these records to calculate the precise amount for which you can receive preapproval.
A prequalification or preapproval letter is a document from a lender stating that the lender is tentatively willing to lend to you, up to a certain loan amount. This document is based on certain assumptions, and it is not a guaranteed loan offer.
A pre-approval offer implies that you have advanced past the initial screening stage. But keep in mind that until you apply, you can't actually be approved for the card. Although you might be a strong candidate, the lender will probably need more details to process your application.
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on june 1, a company purchased equipment costing $7,200. the equipment has an expected useful life of 5 years and a salvage value of $1,200. the company uses straight-line method of depreciation. on june 30, the company will recognize $ (omit $/cents) of depreciation expense. need help? review these concept resources.
$100. ($7,200-1200) x 5 results in a yearly depreciation of $1,200.$1,200/12 equals a monthly depreciation of $100.
When a business records equipment depreciation, the entry will include?The debit will always be applied to depreciation expense when a business records it. A contra-asset (negative) on the balance sheet, accumulated depreciation will receive the offset credit.
In which sections of the worksheet, net income is calculated by taking the difference between debits and credits?In the Income Statement Section of the worksheet, the total credits less the total debits can be used to calculate and verify net income.The amount in the Credit column was subtracted from the Balance Sheet Debit column.is a tool used to figure out how changing journal entries affects account balances.
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asset retirement obligations: multiple choice are liabilities associated with the restoration of a long-term asset. increase the balance in the related asset account. are measured at fair value in the balance sheet. all of these answer choices are correct.
All of these answer choices are correct.
Asset retirement obligations (AROs) are contractual requirements for the eventual removal of machinery or the cleanup of hazardous materials from a leased location when tangible, long-lived assets are retired.
Asset Retirement Obligations (ARO) are frequently linked to sectors like mining, nuclear energy, oil and gas, and waste management. Examples specific to the oil and gas sector include plugging and abandoning oil wells and removing underground storage tanks.
Obligations related to asset retirement are initially recorded at fair value in the period in which they are incurred, provided that it is reasonably possible to estimate the size of the liability.
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insurance that covers valuable items, such as an expensive harp, is called a. buildings and other structures coverage b. homeowners insurance c. personal property floater d. household inventory insurance e. personal property insurance
The correct answer is C) personal property floater.
Insurance that covers valuable items, such as an expensive harp, is called personal property floater.
The majority of home insurance policies provide protection from fire, theft, and other dangers for your house, other structures, and personal property. Insurance also provides supplemental coverage for minor property damage calamities, personal responsibility, additional living expenditures, and medical payments.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something awful occurs to you, the insurance provider pays you or a different person of your choosing. If an accident occurs and you don't have insurance, you can be responsible for paying all costs.
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one of the major risks of pursuing a strategy of tangible or intangible differentiation advantage is that
One of the major risks of pursuing a strategy of tangible assets or intangible differentiation advantage is that company may fail to detect the competitors.
What are tangible assets?Long-term physical resources that are owned by a company or organization and have some economic worth are referred to as tangible assets. Assets are typically not for sale and are acquired by the corporation in order to run its activities successfully. Examples of the same include buildings, vehicles, tools, equipment, furniture, fixtures, land, computers, and so on. Most often, these assets are at risk of being lost to theft, fire, accidents, or other natural disasters. A useful economic life exists for tangible assets, beyond which they run the risk of becoming obsolete. The most popular technique used by businesses to stretch out the cost of an asset over the course of its economic life is depreciation.
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when consumers make a small down payment, borrow the remaining amount of the purchase price from a lender, and reap the rewards off of the full investment value, they are demonstrating what concept?
When a borrower delivers collateral to a lender to secure a loan, they are providing a piece of real estate or another asset.
The definition of a collateral acquisitionWhen a borrower delivers collateral to a lender to secure a loan, they are providing a piece of real estate or another asset. Frequently, the house bought with the money from a mortgage serves as the collateral for a loan.Collateral, when used as a noun, refers to anything offered as a promise to pay back a loan. Therefore, if you take out a loan or mortgage to buy a car or a house, the loan agreement will typically stipulate that the vehicle or property is collateral and will be returned to the lender if the money owed is not paid.Security that isn't the main form of protection is called collateral security. In other words, lenders use collateral security in addition to main security to obtain loans. Collateral means secondary or supplemental.To learn more about Collateral refer to:
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