Answer:
c
Explanation:
The agreement between Marco and Clowns R Us is an illusory contract. This is because Clowns R Us is not obligated to buy any balloons.
The contract states that Clowns may buy as many balloons as it wishes, but it does not say that Clowns must buy any balloons.
An illusory contract is not a valid contract because it lacks consideration. Consideration is something that each party gives up in order to make the contract binding.
In this case, Marco is giving up the right to sell balloons to other businesses. However, Clowns R Us is not giving up anything. It is free to buy balloons from other businesses or not buy any balloons at all.
As a result, the contract between Marco and Clowns R Us is not enforceable. If Clowns R Us does not buy any balloons, Marco cannot sue them for breach of contract.
Here are some other examples of illusory contracts:
A contract that states that one party may buy as many widgets as they wish at the price of $1 per widget.
A contract that states that one party may hire the other party for as many hours as they wish at the rate of $1 per hour.
A contract that states that one party may rent a car for as many days as they wish at the rate of $1 per day.
In all of these cases, the party that is not obligated to do anything is not giving up anything in order to make the contract binding. As a result, the contracts are not enforceable.
Learn more about the contract, here:
https://brainly.com/question/32254040
#SPJ4
bank of america’s provides information such as its interest expense, or the interest the bank paid depositors, and its interest income, or the interest it earned by investing deposits over a period of time. this document also states the bank’s other revenues and expenses for the time period.
The information such as interest expense, the interest that the bank paid depositors, interest income, etc illustrates the income statement
Income statement simply means a financial statement that shows the income and the expenditure of a company.
An income statement is also vital as it shows a business how profitable it was for a particular period. The information provided by the bank such as its interest expense, or the interest the bank paid depositors shows the income statement.
Read related link on:
https://brainly.com/question/25642174
Which sales tactic offers potential customers the opportunity to try a product or service before they make a buying decision
C&a+sold+30%+of+the+5000+items+that+it+carried+last+week. +there+were+500+items+for+which+some+demand+was+not+satisfied. +what+is+the+in-stock+probability+for+last+week?.
Answer:
.............
Explanation:
..................
This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06
To efficiently use his time, the number of conversations with friends Pete can have is 4.
The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.
Points on the curve indicate efficient production. Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.
If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.
To learn more, please check:https://brainly.com/question/14293257
1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income
2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise
An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.
Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.
A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.
Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.
To learn more about franchise, click below:
https://brainly.com/question/29845631
#SPJ1
Answer: It is flexible work hours and reliable income... But it is most likely B
Explanation: Sorry if this is wrong but I am 99 percent sure it is B
what was the primary motivator for corporate giving, according to the national bureau of economic research?
Philanthropy is the primary reason for corporate giving, according to National Bureau of Economic Research.
Philanthropy shows that a corporation or business promotes the welfare of other people, by the establishment of regular charitable donations or creations of funds. Philanthropy can be demonstrated by a corporation that makes out employee time to undertake mentoring and community development activities.
Thus, the art of corporate giving is motivated by philanthropic reasoning than political or religious.
Learn more: https://brainly.com/question/14193649
Write one paragraph about SOMEONE YOU LOVE SPENDING TIME WITH.
MUMY GIVE ME FIVE SARS
the single most important output in preparing financial budgets is the
Answer:
cash budget
Explanation:
How do fast-food restaurants rationalize the process of providing food to customers, according to Robin Leidner in Fast Food, Fast Talk
According to Robin Leidner, fast-food restaurants rationalize the process of providing food to customers by developing standardized scripts for employees to use when dealing with customers.
There are many advantages associated with the fact that fast-food chains develop standardized scripts for customer service, as this way, they ensure compliance and quality of processes.
Standardization in fast-food restaurants therefore ensures faster service, mechanization of processes and higher quality in food production, since production and service standards must be followed in any unit of a fast-food chain.
Learn more about standardization here:
https://brainly.com/question/8189591
________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort
Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.
Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.
The belief that this person has is usually based upon
Self confidencePrior experienceThe theory explains that a person is going to be more motivated to perform if their past effort was recognized.
Read more on https://brainly.com/question/17166729?referrer=searchResults
how many words can the average listener process per minute
Answer:
800 words per minute
Explanation:
he average rate of speech for an American is about 125 words per minute; the human brain can process about 800 words per minute.
Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answer:
Consultative
Explanation:
I did this question
1. Which product type (coffee/ espresso/ herbal tea/ tea) yields the maximum profit in each market size(major/small)? (2 points).
A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
O A. Management communication system
B. Management information system
O C. Transaction processing system
D. Decision support system
Answer:a
Explanation:
Manage communication system
what is the name of the honor society for students in the ivy college of business?
The name of the honor society for students in the Ivy college of business is the Cardinal Key Honor Society.
The Cardinal Key Honor Society is simply a national organization for the students in American colleges and universities.
The honor society for students in the Ivy college of business is the Cardinal Key Honor Society. The Cardinal Key Honor Society is for the people who are seen as leaders in the college and community. They are also seen as potential leaders in the future.
Read related link on:
https://brainly.com/question/25586106
the purpose of the financial accounting standards board is to ______.
The aim of the financial accounting standards board is to improve financial accounting and reporting standards.
The financial accounting standards board simply means an organization whose purpose is to develop generally accepted accounting principles.
The financial accounting standards board improve financial accounting and reporting standards. It also provides useful information to investors.
Read related link on:
https://brainly.com/question/25640186
Nicole is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Nicole uses a(n) ________ to determine whether revenues from contributions and other sources will cover operating costs.
Nicole, who is assessing the financial situation of her not-for-profit organization an income statement to determine whether revenues from contributions and other sources will cover operating costs.
An income statement is a financial document that shows the income and expenditure of an organization over a period of time.
It helps the organization to know whether they are making a profit or incurring losses.
So, for Nicole to determine whether the revenue of the organization will cover operating costs, she needs to use the income statement.
Learn more about the Income statement here:
https://brainly.com/question/21851842
A major goal of the Social Security Act of 1935 was to provide WHICH of the following guaranteed?
A. Medicare
B. Education
C. Income
D. Automobile Care
When calculating a loan effective interest rate, if the nominal rate is 8. 5%, what value of i do you plug into your equation? a. 8. 5 b. 0. 85 c. 0. 085 d. 1. 85 Please select the best answer from the choices provided A B C D.
The value I would plug into the equation is 0.085.
The effective interest rate is the interest rate a borrower actually pay on a loan. It is determined by restating the nominal interest rate.
The formula used in determining the effective interest rate is: (1 + n [tex])^{m}[/tex] - 1
Where:
n = nominal interest rate
m = number of compounding
For example, if nominal interest rate is 8.5% and the number of compounding is 2, the effective interest rate is: (1.085)² - 1 = 17.72%
A similar question was answered here: https://brainly.com/question/2587724
Distinguish between Economic and Non-economic activities on the
basis of
(i) Purpose
(ii) Outcome
The difference between economic and non-economic activities can be drawn clearly on the following grounds:
An activity related to production and consumption of goods and services for economic gain is known as economic activities. An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity.Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement.Economic activities have a pragmatic approach, in essence, it deals with things in a practical way. As against this, non-economic activities have an idealistic approach wherein more importance is given to human values instead of money.Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.Economic activities are very important for the economy as they add value to the country’s gross domestic product (GDP). As opposed to non-economic activities, which have no influence over country’s national income.According to the new classical critique of fiscal policy, an increase in government spending today will lead to what change in current savings
In accordance with the new classical critique of fiscal policy in today's world, an increase in government spending will lead to an increase in current savings.
Fiscal policy refers to a economic policy whereby governments seeks to stabilize the economy by manipulating the levels and allocations of taxes and government spending.
The new classical critique of fiscal policy states that an increases in government spending and decreases in taxes are largely offset by increases in savings.
Therefore, in conclusion, In accordance with the new classical critique of fiscal policy in today's world, an increase in government spending will lead to an increase in current savings.
Read more about this here
brainly.com/question/14017853
What is globalization in business.
Answer:
the increase in the flow of goods, services, capital, people, and ideas across international boundaries.
Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False
Answer:
true
Explanation:
_____ is designed to serve the needs of a specific department, such as sales, marketing, or finance.
Make a Claim
Dana needs to use the information from her 1098-T form to determine if
she qualifies for a tax credit. If information is missing on her 1098-T form,
leave the matching input field blank.
Input amounts from the 1098-T form into matching tax preparation software fields.
1098-T form is a U.S tax form for students or parents to obtain a tax credit on the amount of fee paid during an educational term or semester or year.
This form determines if the students or their parents qualify for the tax credit.
Yes Dana is eligible for her tax credit as her expenses are greater than $ 4000. For this she will receive $2500
If the scholarships exceed the amount of the educational fee then a tax credit has to be recalculated on a certain amount.
The first box is to be filled by the student's name (Dana) in this case, her address and her contact number.
The other boxes are to be filled with the filler and social security numbers as asked.
The no 1 box gives the tuition fees received and box 2 gives the tuition fees billed.
The box 3 has to filled if any change is made by the institution in billing amount.
The other boxes are filled similarly and the form is submitted to the IRS and the copy is kept with the student.
In the given question only 3 pieces of information are given .
Name : Dana
Amount Received : $ 16,467
Scholarship Received: $ 1500
These are already filled in the form.
Educational tax credit covers up to 100% of the first $2000 of the educational expenses and 25% of the next $ 2000 expenses.
It can be filed if the parent's income is up to $ 80,000 in the year 2020.
Yes Dana is eligible for her tax credit as her expenses are greater than $ 4000. For this she will receive $2500
https://brainly.com/question/19263871
Answer:2500
Explanation:
Why is it necessary to have a W-2 or 1099 form when using tax preparation software?
It is necessary to have these forms because they would help to report income that is gotten by a person that are not through employment.
The 1099 helps to record the amount that is earned by a person who is not employed.
The 1099 helps to calculate either the dividends that a person gets through the fact that they own stocks or the interests that they accrue from keeping their money in the bank.
The W-2 is used by employers to record the income of their employees. The W-2 also tells the employee the amount of taxes that was withheld from their pay.
Read more on https://brainly.com/question/3659467?referrer=searchResults
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
Answer:
25 percentage
Explanation:
if 4000 is equal to 100 percent what about one thousand the rate is equal to 25 percentage
Common stock's par value ______. (Check all that apply.) Multiple select question. has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies equals the amount of cash contributed by shareholders was introduced to prevent bankrupt companies from unfairly distributing company resources affects how common stock is recorded
Considering the available options, Common stock's par value "has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies."
Also, Common Stock's par value "was introduced to prevent bankrupt companies from unfairly distributing company resources."
Again, Common Stock's par value "affects how common stock is recorded."
Generally, Common stock's par value is the amount or price of stock shown on the bond certificate. It is usually between $0.10 to $0.01.
Hence, in this case, it is concluded that the correct answer is options A, C, and D.
Learn more about Common stock's par value here: https://brainly.com/question/3521865
Most financial securities have some level of ________ risk. Multiple Choice unsystematic asset-specific diversifiable industry systematic
Based on financial analysis, Most financial securities have some level of asset-specific risk.
This is because asset-specific risk is a type of risk that is unique and common to financial securities.
Asset-specific risk is often referred to as Asset-backed risk, which, like any other financial risk, concerns the tendency of losing money.
Other types of risks associated with financial securities include the following:
Credit risk, Liquidity risk, Foreign investment risk, Equity riskCurrency riskHence, in this case, it is concluded that the correct answer is "Asset-specific risk."
Learn more about Asset-specific risk here: https://brainly.com/question/14785357
Situational variables that cause one style of leadership to be more effective than another are also called:
Answer:
leadership style and situational favorableness
Explanation:
