Answer:
<u>No</u>
Explanation:
<em>Remember, </em>in business law, as long as both parties did not sign a contractual document, the purchase is not legal.
In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.
Also, the fact that she quickly sent a telegram letting Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.
Answer:
$225,000
Explanation:
Data provided in the question:
Note payable = 10%, $3,000,000
Payment amount = $1,000,000
Now,
Since the first payment is made in the month of October
Therefore,
Duration from October 2018 to October 2019 = 9 months = 
years
Therefore,
Interest payable for 2019 will be = $3,000,000 × 0.10 ×
= $225,000
Answer:
Explanation:
Given:
Today:
Number of printers = 6
Work duration = 12 hours
Tomorrow:
Work duration = 8 hours
At the same rate of printing,
If 6 printer were used to print newspapers for 12 hours.
Only 1 printer will work for 12 × 6 hours at the same rate
But is the printers were 8, (12 × 6)/8
= 9 printers.
Initial number of printers = 6 printers
Additional printers to be purchased = 9 - 6
= 3 printers
Answer:
The answer is: C) The scientific method may not reveal a "true" model of the world.
Explanation:
When economists and scientists use the scientific method they are trying to develop models of the world and then test them with data. Past data is used to try to predict future economic behavior. That doesn´t mean that those models are 100% accurate and true, but rather that they might (or not) apply to specific situations.
Microeconomics relies on the use of the scientific method and econometrics, while the scientific method is not applicable in macroeconomics.
