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Aneli [31]
2 years ago
4

Bob and tricia are partners. they orally agree that bob will have the sole right to manage the affairs of the partnership. is th

is valid?
Business
1 answer:
Westkost [7]2 years ago
6 0
Yes. The oral agreement is valid as long as one of the partners agree to relinquish his or her managerial powers. 

For any contract, written or oral, to be valid there must be an offer and an acceptance. If offer is given but unaccepted, contract is invalid and unenforceable. 
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Interaction jobs are those jobs which: A. require intense levels of interaction with clients. B. require close coordination and
Andrei [34K]

Answer: Require close coordination and collaboration.

Explanation:

Interaction jobs are jobs that requires an employee to constantly interact with customers to listen to their complaints/challenges faced as regards a company's product and seeking for means of solution to the complaints/challenges. Interaction jobs needs an employee to constantly work with consumers of a company's product.

3 0
2 years ago
On March 1st, Mr. Smithe signed up for a fitness program at Fit Co. and paid $960 for the entire program upfront. The program in
vichka [17]

Answer:

Revenue - March = $160

Explanation:

The accrual principle in accounting states that the revenues for a period should match the expenses for that particular period and any revenue or expense should be recorded in the period to which it relates to. This means that the upfront fee received by Fit Co. is a liability and should not be recorded as a revenue until it is earned. So, by providing two sessions in the month of March, Fit Co. has earned revenue for 2 sessions out of the twelve. Thus, at the end of March, Fit Co. should record a revenue of,

Revenue - march = 960 * 2/12 = $160

8 0
2 years ago
Justus Motor Co.has a WACC of 11.50%, and its value of operations is $25.00 million. Justus's free cash flow is expected to grow
lakkis [162]

Answer:

FCF_0=1.05

So option (b) is correct option

Explanation:

We have given value of operation PV = $25.00

WACC, that is Ke = 11.50% = 0.1150

It is grow at a constant rat of 7 % so g = 0.07

We have to find the value of FCF_0

We know that value of operation is given by

PV=\frac{FCF_0(1+g)}{Ke-g}

So 25=\frac{FCF_0(1+0.07)}{0.1150-0.07}

FCF_0=1.05

So option (b) is correct option

4 0
2 years ago
8. At the Penalty APR rate of 28.99% and a balance of about $1800,
goblinko [34]

do u have the answer now?

6 0
2 years ago
Read 2 more answers
The Rubber Division of Morgan Company manufactures rubber moldings and sells them externally for $50. Its variable cost is $20 p
Musya8 [376]

Answer:

b) $20

Explanation:

The minimum acceptable price per unit is $20.

This is because the minimum acceptable price is the break even price for the division. We will not include $7 fixed cost because it is not relevant to this transaction as it has to be paid regardless of this transfer.

The Minimum price thus is the price that cancels out all relevant costs namely the variable costs of $20.

Relevant costs are also known as the incremental costs that are incurred only when a particular activity is undertaken. Fixed costs as such are not incremental. Since there is spare capacity we are not forgoing any profits from external exchanges that needs to be accounted for.

Hope this helps

4 0
2 years ago
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