Outline one factor that might be helpful about having a clear target market

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Answer 1

Answer:

Answer:

Being able to find other entrepreneurs that are interested in the same target market, learning from their experience, asking for their help and building PR relations

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Minimum-wage laws dictate:a. the exact wage that firms must pay workers.b. a maximum wage that firms may pay workers.c. a minimum wage that firms may pay workers.d. both a minimum wage and a maximum wage that firms may pay workers.
Rupert and Cordelia own an American company that does business in foreign nations. Getting a license in a new country can be challenging. As they try to enter into business in a new country, Rupert fills out the license paperwork and takes it to the correct office. There he pays the front-desk person $100 to process the paperwork, as is the custom in that country. Cordelia, who has connections in that country, schedules an appointment with the minister of commerce, who has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license. Which payment(s) likely violated the Foreign Corrupt Practices Act?a. The payments made by both Rupert and Cordelia.b. The payment made by Rupert but not the payment made by Cordelia.c. The payment made by Cordelia but not the payment made by Rupert.d. Neither payment violated the FCPA.
Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the journal in which each of the following transactions should be recorded: Pick the correct journal from the list.a. Receipt of cash refund from overpayment of taxes.b. Adjustment to record accrued salaries at the end of the year. c. Providing services on account. d. Investment of additional cash in the business by the owner.e. Receipt of cash on account from a customer. f. Receipt of cash for rent. g. Receipt of cash from sale of office equipment. h. Sale of used office equipment on account, at cost, to a neighboring business. i. Closing of drawing account at the end of the year.j. Providing services for cash.

Strike, a clothing manufacturer from Minnesota, offered to sell Bailey, the owner of a clothing store in Colorado, one thousand shirts for a stated price to be paid on delivery of the shirts. The offer declared that shipment would be made by Dependable Truck Line to Bailey's store. Bailey replied, "I accept your offer for one thousand shirts at the price quoted. However, delivery is to be by Yellow Express Truck Line." Both Dependable Truck Line and Yellow Express Truck Line are well-known national companies. Three weeks later, Strike shipped the shirts by Dependable Truck Line, which was just a few dollars cheaper, and Bailey refused to accept delivery. Strike sued for breach of contract. Bailey claimed that there never was a contract because his reply, which included a modification of carriers, did not constitute an acceptance. Bailey further claimed that, even if there had been a contract, Strike would have been in breach because Strike shipped the shirts by Dependable, contrary to the contract terms.

Answers

Answer:

There was no contract since there was no mutual agreement on the shipping company.

Explanation:

For a contract to be enforceable, it is necessary to have proper offer and acceptance by the two parties. In this case, Strike made an offer and Bailey accepted the stated price but added that the shipping has to be done by Yellow Express Truck Line and not Dependable Truck. Since there was no agreement reached on the shipping company by both the parties, the contract isn't enforceable.

In which of these instances does an agent's duty of obedience compel her to follow the principal's instructions? A seller asks that the agent not disclose a latent defect A seller insists that the property must be listed for twice its market value A seller refuses to allow a property to be shown to non-white buyers All of the above

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A seller insists that the property must be listed for twice its market value.

A person who earns $50,000 per year donates $2,000 to charity. As a result, the state only taxes $48,000 of that person's income.This is an example of a _____.

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Final answer:

The scenario presented is an example of a Tax Deduction in the context of a progressive tax system, reducing the taxable income by the amount donated to charity.

Explanation:

The situation described in the question is an example of a Tax Deduction. A tax deduction reduces the amount of income that is subject to taxation. In this specific case, the individual earned $50,000, but because they donated $2,000 to charity, they were able to deduct this amount from their taxable income. Thus, they are only taxed on an income of $48,000. This principle is part of the federal income tax system, a progressive tax system which is set up such that individuals with higher incomes usually pay a larger share of their income in taxes than those with lower incomes.

Learn more about Tax Deduction here:

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Itemised deduction, pays less for tax

Firms in the _____ market use information technology in a variety of ways: to attract new customers, manage customer relationships, and handle customer payments online. Answera. B2C
b. B2B
c. retail
d. wholesale

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The correct answer for this question is this one: "a. B2C." Business-to-Customer. Firms in the B2C (Business-to-Customer) market use information technology in a variety of ways: to attract new customers, manage customer relationships, and handle customer payments online.

Which of the following is not a valid FICO credit score?A. 475
B. 375
C. 275
D. 575

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The one that isn't a valid credit score is C. 275. The reason this is the correct answer is because FICO credit scores range anywhere from 300 to 850. Excellent credit is when your FICO score is 750 and above and a poor credit score is anything below 600.

C. 275 because the range should be around 300 to 800

The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?

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Adam Smith in his book 'Wealth of Nations'

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