In your own words, discuss the meaning of ONE of the six elements of a valid contract, below, as described in this week's Slides/Lecture. (Please use the correct terms, as listed below; do not change them to a different words.)
Intention to create a legal relationship
Offer
Acceptance
Consideration
Capacity to contract
Legality
2. Adam says to Betty, "I will sell you my bicycle for $100." Betty replies, "I will buy it for $75."
Has Betty accepted the offer, or not? What effect on the original offer does Betty's counter-offer have? Explain your answer.
3. Chan writes a letter to Dhaliwal on July 1st, offering to sell her property. Dhaliwal writes a letter on July 31st accepting Chan's offer. He puts the letter in the mailbox on the same day, and Chan receives it on August 4th.
Is Dhaliwal's acceptance valid? Why or why not? Explain your answer.
Requirements:
Write minimum 100 words total, in your own words.*
Do not recopy the questions.
Type or paste your answers directly into the Discussion window to make them easier to read, instead of submitting a file.

Answer:

false

Explanation:

the smaller the current ratio the lesser the amount of assets are compared to liabilities

Answer:

The right solution is:

(a) 4,272 units

(b) $134.16

(c) $134.17

(d) $12,268.33

Explanation:

Seems that the given question is incomplete. The attachment of the complete question is provided below.

According to the question, the values are:

Annual demand,

D = 12,000

Number of days,

= 300

Daily demand,

d = \(\frac{12000}{300}\)

  = 40

Production rate,

P = 100

Ordering cost,

S = $50

Holding cost,

H = $0.10

(a)

The production run's optimal size will be:

Q = \(\sqrt{\frac{2DS}{H(1-\frac{d}{P} )} }\)

By putting the values, we get

   = \(\sqrt{\frac{2\times 12000\times 50}{0.10\times (1-\frac{40}{100} )} }\)

   = \(\sqrt{20,000,000}\)

   = \(4,471.14\)

or,

   = \(4,472 \ units\)

(b)

The average holding cost will be:

= \(\frac{Q}{2}\times H\times [1-\frac{d}{P} ]\)

= \(\frac{4472}{2}\times 0.10\times [1-\frac{40}{100} ]\)    

= \(134.16\) ($)

(c)

The average setup cost will be:

= \(\frac{D}{Q}\times S\)

= \(\frac{12000}{4472}\times 50\)

= \(134.17\) ($)

(d)

The total cost per year will be:

= \(Avg. \ holding \ cost+ Avg. \ setup \ cost+Cost \ of \ purchase\)

= \(134.16+134.17+(1\times 12000)\)

= \(12,268.33\) ($)

Answer:

True.

Explanation:

The Behavior data from the online shopping portal will typically be stored in a data warehouse.

This is known to be a Website that is said to give or provide web analytics service and it is one that tracks and reports website traffic or behavior.

Note therefore, through the use of Go.ogle Analytics, The Behavior data from the online shopping portal will typically be stored in a data warehouse.

Learn more about  Go.ogle Analytics from

https://brainly.com/question/8054748

#SPJ1

Answer:

1. Credit card details    2. Delivery address

Explanation:

Answer:

with what............

The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.

Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.

The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%

To learn more about percentages, please check: https://brainly.com/question/25764815

By the implementing appropriate solutions, such as adaptable educational space solutions and its infrastructure, the renovation helps school facility leaders reposition the outdated and ageing infrastructure for the future. Without careful planning, renovating a school can be difficult.

The renovation is characterised as any alteration to an existing structure, or to a part of a structure, which the disturbs painted surfaces. The skills needed today, such as those in science and technology, medical science, and other fields, are taught in the modern education infrastructure. In addition to listening, the modern education includes writing, visualising, imagining, and thinking skills.

To learn more about renovating, click here.

https://brainly.com/question/28551188

#SPJ4

Jerry most likely has the job of a mortgage loan originator, where he originates mortgage loans for borrowers but relies on a lender for the actual financing since he does not have funds of his own to lend.

Jerry's job as a mortgage loan originator involves working with borrowers to guide them through the loan application process. He assists borrowers in completing necessary paperwork, gathering financial information, and assessing their eligibility for mortgage loans. Jerry acts as an intermediary between the borrowers and the lender, helping to facilitate the loan transactions.

While Jerry originates the loans, the actual funding comes from the lender with whom he partners. This means that Jerry's role is focused on generating loan applications and bringing in potential borrowers, rather than providing the funds for the loans himself.

He relies on the lender's resources to provide the financing for the loans he originates.

Visit here to learn more about financial information:

brainly.com/question/26240841

#SPJ11

The theory that suggests that nations will develop comparative advantages based on their locally abundant factors is the Heckscher-Ohlin model.

The Heckscher-Ohlin model is an economic theory that predicts that nations will develop comparative advantages based on their locally abundant factors, such as land, labor, and capital. According to the theory, countries with an abundance of a certain factor will have a comparative advantage in goods that use that factor intensively. For example, countries with a lot of capital will have a comparative advantage in producing capital-intensive goods, while countries with a lot of labor will have a comparative advantage in producing labor-intensive goods.

The Heckscher-Ohlin model is an extension of the Ricardo model of comparative advantage, which was based solely on differences in labor productivity. The Heckscher-Ohlin model includes differences in all factors of production, not just labor, and predicts that countries will trade goods that use their abundant factors intensively for goods that use their scarce factors intensively. This trade pattern is called factor-price equalization, which means that factor prices will be equalized across countries that trade with each other.

Learn more about Heckscher-Ohlin model: https://brainly.com/question/30672647

#SPJ11

Answer:

Debit

Explanation:

If its not a house or a big invesment into a buisness it is debit

Answer:

life values: are things you respect in your rights as a human

Authenticity Adventure Balance.

Bravery Compassion Challenge.

Citizenship Community Creativity.

Curiosity Determination Fairness.

Freedom Friendships Fun.

Generosity Growth Honesty.

Integrity Justice Kindness.

work values: are things you value and respect threw  the service that you work with for example

Loyalty

A Strong Work Ethic.

Dependability and Responsibility.

Possessing a Positive Attitude.

Adaptability.

Honesty and Integrity.

Self-Motivated.

Motivated to Grow and Learn.

Strong Self-Confidence.

The stockholders lobbied that the free cash flow should be distributed to them as dividends.

The Free cash flow means money that business generates from its main business activities after necessary deduction of capital expenditures.

The Free cash flow are used to make further investment to allow more cash inflow into the organization.

But here, the stockholders are expressing their disagreement with the way that the managers were using free cash flow, therefore, they prefers that dividend are paid to them rather than managers investing the Free Cash Flow.

Therefore, the Option B is correct.

The options includes "a. used to pursue cross-border acquisitions. O b. distributed to them as dividends. O C. invested in new research and development O d. used to pay down corporate debt."

Learn more about this here

brainly.com/question/14812662

The bond will cost $834.48 on the open market if the yield to maturity is 11%.

Bond valuation is a method for calculating the hypothetical fair value of a specific bond. A bond's face value also referred to as its par value or cash flow, and the value of the bond at maturity are both calculated as part of the valuation process. A bond's par value and interest payments are fixed, so an investor uses bond valuation to determine what rate of return is necessary for a bond investment to be profitable.

Calculation:

Appling the following formula for bond valuation;

Value of a bond = Present Value of Interest Payment + Present Value of Principal Payment

Present Value of Interest Payment = Coupon Amount * PVIFA

Where,

r is the bond's YTM.

n is the bond's remaining maturity period.

PVIFA stands for Present Value Interest Factor of an Annuity at Rate (r%), Number of Years.

The Present Value of the Principal Amount = Principal Amount * PVIF

Where,

PVIF is the Present Value Interest Factor at r%, n years

In this question,

Par value = $ 1000

n = 22 years

r =11%

Coupon amount = 1000* 9% = 90

\(PVIFA = \frac{1 - (1 + r )^{-n} }{r} \\PVIF = (1 + r)^{-n} \\Price = 90 * \frac{1 - (1 + 0.11)^{-22} }{0.11} + 1000*(1+0.11)^{-22}\)

= $834.48.

Therefore, the bond will cost $834.48 on the open market if the yield to maturity is 11%.

Learn more about bond valuation with the help of the given link:

brainly.com/question/28133835

#SPJ9

Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.

To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:

The flat-rate disability amount is $496.36 per month.

The maximum monthly disability benefit is $1362.30.

Krishna's entitlement to a CPP retirement benefit is $660 per month.

To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:

The disability benefit will be the lesser of:

Let's calculate the disability benefit based on the above formula:

Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)

= min($660, $496.36 + $660 - $496.36)

= min($660, $660)

= $660

Therefore, Krishna will receive a disability benefit of $660 under the CPP.

Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.

for similar questions on CPP.

https://brainly.com/question/30142401

#SPJ8

Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36

Answer:

C. Direct deposit

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

Answer:

You would contribute 126,000 if it was over the period of 30 years, and you would contribute 168,000 if it was over the period of 40 years. Over those 30 years the amount that came from the growth of the investment would be 1,097,236. Over those 40 years the amount that came from the growth of the investment would be 3,949,667

Explanation:

An individual would contribute 126,000 if it was over a period of 30 years, and one would contribute 168,000 if it was over a period of 40 years. Over those 30 years, the amount that came from the growth of the investment would be 1,097,236. Over those 40 years, the amount that came from the growth of the investment would be 3,949,667.

When one is concerned about the future and having enough money to meet all their basic needs and luxury needs as well, one would like to save more and more money for this purpose.

The best procedure is to go through a bank and open an account. On the other hand, one can make contributions for a particular time period. It can be for 10 years, 20 years, or many more.

With that passage of time, the investment that has been made will also go and, after a certain period of time, whatever one has invested will get one back but with the particular amount of interest that has been added on to it.

When one gets the whole investment, it will be easy for one to use that lump sum amount wherever they want.

Learn more about investment  here:

https://brainly.com/question/15353704

#SPJ2

An investor is considered to have substantial influence over an investee if they possess between 20% and 50% of the voting shares.

Equity accounting is used to record and account for equity investments made by a firm when it holds 20% or less of the voting shares of another company. According to the number of shares it owns in the investee company, the investor records the investee's earnings in its accounts.In other words, the initial investment grows in proportion to the earnings earned.

The investee is a subsidiary of the investor since it has the power to control influence if it holds more than 50% of the voting shares.

Find out more about voting stock

https://brainly.com/question/14821403

#SPJ4

The main focus of the Montreal Protocol regulates the production and use of CFCs, halons, and carbon tetrachloride, which are all greenhouse gases. It obliges states to totally phase out these substances in accordance with the schedule.

United Nations Framework Convention on Climate Change is referred to as UNFCCC.

In order to prevent dangerous human interference with the climate system and to stabilize greenhouse gas concentrations in the atmosphere at a level that would allow for sustainable development, all three UNFCCC agreements share a common ultimate goal.

The majority of these compounds are strong greenhouse gases, therefore the Montreal Protocol also makes a significant contribution to safeguarding the world's climate system.

Therefore, the main focus of the Montreal Protocol regulates the production and use of CFCs, halons, and carbon tetrachloride, which are all greenhouse gases. It obliges states to totally phase out these substances in accordance with the schedule.

To know more about the UNFCCC, visit:

https://brainly.com/question/10471033

#SPJ2

It was more difficult for serfs to improve their economic and social status because they were bound to the land and the lord who owned it, limiting their ability to move freely or pursue other opportunities.

Serfs were peasants who were tied to the land they worked on and were subject to the lord who owned it. They were required to pay rent and provide labor services to the lord in exchange for the use of a small piece of land. This system of feudalism, which dominated medieval Europe, made it difficult for serfs to improve their economic and social status.

Serfs had limited opportunities for upward mobility because they were not allowed to leave their lord's land without permission. They were also subject to the lord's control over their lives, including their marriage, property, and even their right to bear arms. Additionally, serfs were not allowed to pursue certain professions or trades, as these were reserved for the nobility and free citizens.

Furthermore, the feudal system was rigidly hierarchical, with the nobility occupying the highest rung of society and the serfs at the bottom. There was little chance for social mobility or advancement, as birth and social status were largely determined by one's family lineage.

In summary, the system of feudalism made it difficult for serfs to improve their economic and social status due to their limited freedom of movement, lack of opportunities for certain professions or trades, and the rigidly hierarchical structure of society.

Learn more about the feudal system  here:- brainly.com/question/1597635

#SPJ11

(1) Number and cost of goods available for sale is $17,400.

(2) Units in ending inventory is 600 units.

(3) Cost of ending inventory and cost of goods sold is $7,800 and   $6,960 under FIFO and LIFO respectively.

(4) The gross profit and net income will be in between FIFO and LIFO.

(5) Inventory costing method to minimize income taxes is the choice of inventory costing method should be based on a company's specific circumstances, tax laws, and accounting policies.

Assuming that Orion Iron Corporation uses periodic inventory system, here is how the FIFO, LIFO, and weighted average cost methods would impact their financial statements:

(1) Number and cost of goods available for sale:

Beginning inventory: 300 units at $10 per unit = $3,000

Purchases: 1,200 units at $12 per unit = $14,400

Total cost of goods available for sale = $3,000 + $14,400 = $17,400

(2) Units in ending inventory:

Ending inventory = 600 units

(3) Cost of ending inventory and cost of goods sold:

Under FIFO:

Cost of goods sold = (300 units x $10 per unit) + (300 units x $12 per unit) = $3,000 + $3,600 = $6,600

Cost of ending inventory = (300 units x $14 per unit) + (300 units x $12 per unit) = $4,200 + $3,600 = $7,800

Under LIFO:

Cost of goods sold = (300 units x $12 per unit) + (300 units x $10 per unit) = $3,600 + $3,000 = $6,600

Cost of ending inventory = (300 units x $10 per unit) + (300 units x $12 per unit) = $3,000 + $3,600 = $6,600

Under weighted average cost:

Cost of goods available for sale = $17,400

Weighted average cost per unit = ($17,400 / 1,500 units) = $11.60 per unit

Cost of goods sold = 1,200 units x $11.60 per unit = $13,920

Cost of ending inventory = 600 units x $11.60 per unit = $6,960

(4) Income statement differences:

Under FIFO, the cost of goods sold will be lower than LIFO because older, lower-cost inventory is sold first. Therefore, the gross profit and net income will be higher under FIFO than LIFO in periods of rising prices. Under weighted average cost, the cost of goods sold and ending inventory will be based on the weighted average cost of all inventory available for sale. Therefore, the gross profit and net income will be in between FIFO and LIFO.

(5) Inventory costing method to minimize income taxes:

In periods of rising prices, LIFO will minimize income taxes because it results in a higher cost of goods sold and lower net income than FIFO. This lowers the taxable income, resulting in lower income taxes. However, in periods of stable or falling prices, FIFO may be more beneficial for minimizing income taxes. Ultimately, the choice of inventory costing method should be based on a company's specific circumstances, tax laws, and accounting policies.

Learn more about gross profit :

https://brainly.com/question/21637154

#SPJ4

The complete question is :

What are the financial statement effects of periodic FIFO, LIFO, and weighted average cost inventory costing methods for Orion Iron Corporation based on the provided information? Specifically, (1) what is the number and cost of goods available for sale, (2) how many units are in ending inventory, (3) what is the cost of ending inventory and cost of goods sold under FIFO, LIFO, and weighted average cost methods, (4) how would the income statement differ under the three methods, and (5) which inventory costing method minimizes income taxes for Orion Iron Corporation?

Answer:

$1,013.67 and $13.67

Explanation:

The formula for calculating compound interest is as follows

FV = PV × (1+r)^n

Where Fv is the future value

Pv is the present value, $1000

r is the interest rate 4%

n is number of periods= 2 months

Since time is in months, applicable interest rates will be 4% per year divided by 12 months multiplied by 2

=4/12 x 2 =0.67%

Fv = $1000 x (1 + 0.67/100)^2

Fv = $1000 x (1.0067)^2

Fv = $1000 x 1.01344489

Fv= $1,013.44

The amount will be $1,013.44.

Interest will be $1,013.44 - $1000 = $13.44

Answer:

The production department is the unit tasked with ensuring that the business has a continuous flow of merchandise inventory. As selling activities are continuous, the production unit must keep up the pace by ensuring there is sufficient inventory for the sales team to sell.

Falls struck by object caught in or between and electrocution are referred to by OSHA (Occupational Safety and Health Administration) as **"Fatal Four"** in the construction industry.

The "Fatal Four" represents the top four leading causes of fatalities in the construction industry, as identified by OSHA. These four hazards include falls, being struck by objects, being caught in or between objects, and electrocution. OSHA has identified these hazards as significant risks in construction work and has implemented regulations and guidelines to mitigate these dangers and improve safety on construction sites.

By categorizing these hazards as the "Fatal Four," OSHA aims to raise awareness and promote proactive measures to prevent accidents and injuries in the construction industry. It highlights the importance of implementing appropriate safety measures, training workers, and adhering to safety guidelines to reduce the occurrence of these fatal incidents.

Learn more about electrocution here:

https://brainly.com/question/31241187

#SPJ11

The terms 'Falls', 'Struck by object', 'Caught in/between' and 'Electrocution' are the 'Fatal Four' key causes of fatal injuries according to OSHA. Safety measures and devices are used to prevent these incidents, which involve shock and thermal hazards in the case of electrocution.

The terms 'Falls,' 'Struck by object,' 'Caught in/between,' and 'Electrocution' refer to four of the leading causes of fatal injuries in the workplace, as categorized by the Occupational Safety and Health Administration (OSHA). These incidents are collectively known as the 'Fatal Four.' Falls relate to incidents where a person falls from a height, often from ladders, roofs or scaffolding. 'Struck by object' refers to cases where a worker is hit by equipment or a falling object. The 'Caught in/between' category includes incidents where workers are caught in machinery or crushed between objects or equipment. 'Electrocution' refers to electric shock incidents. It involves a shock hazard, where current passes through a person, and a thermal hazard, where excessive electric current causes harmful thermal effects, potentially causing a fire. Electrical safety measures and devices come into use to prevent these hazards.

https://brainly.com/question/32996359

#SPJ6

Answer:

C

Explanation:

The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.

Answer:

c

Explanation:

People prefer to do things the way they want. A lot or some people still prefer manually saving their money because;

A lot of people do not want to pay the bank charges and so do not want to open an account. Many also are not aware of the importance of saving in a bank. Awareness to the people therefore will handle the issue of manual savings.

Learn more about saving money from

https://brainly.com/question/25192498

Auxiliarists, or members of the United States Coast Guard Auxiliary, are an integral part of the Coast Guard's non-military operations. They provide support and assistance to the Coast Guard in various activities, including public education, vessel safety checks, and search and rescue operations.

Firstly, when conducting Vessel Safety Checks (VSCs), Auxiliarists must NEVER wear an Auxiliary uniform. This is because VSCs are considered a non-enforcement activity, meaning that it is not a law enforcement activity that requires the authority of a uniformed member of the Coast Guard. Auxiliarists who conduct VSCs must wear appropriate attire that is respectful and non-threatening to the vessel owner. This may include a plain polo shirt or other non-uniform clothing.
Secondly, when conducting public education classes, Auxiliarists may wear their Auxiliary uniform, but it must be done in a manner that does not imply endorsement by the Coast Guard or any political party or group. This means that Auxiliarists must ensure that their presentation is non-partisan and does not promote any political agenda or viewpoint. They must also obtain approval from their chain of command before wearing their uniform during a public education class.

To know more about Coast Guard visit:

brainly.com/question/28892868

#SPJ11