What type of contract is a hire purchase agreement?

Answers

Answer 1
Agreeing to purchase goods in installments over a period of time is the foundation of hire purchase. It is almost identical to an installment plan, except that in a hire purchase, the seller owns the goods until you make the final payment (like lease-to-own or rent-to-own).

Related Questions

what are the important features of utility?​

Answers

Answer:

Utility is the want-satisfying power of a commodity. It is the satisfaction, actual or expected, obtained from the consumption of a commodity. Characteristics of Utility are: Utility is psychological: It depends on the mental attitude and assessment of the person consuming the commodity and also his likes and dislikes.

American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. A court will not normally evaluate the adequacy of consideration unless it is


Group of answer choices


a. a service.


b. in the form of a forbearance.


c. not yet paid.


d. grossly inadequate.

Answers

Answer:

D)grossly inadequate.

Explanation:

From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is

grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.

Which of the following tasks would be a prep cook's main responsibility?
O A. garnishing dinner plates to be served to customers
OB.
cooking steaks for diners
OC. washing and cutting lettuce for salads
OD. washing dishes

Answers

Answer:

Most likely OC

Explanation:

Answer:

C. washing and cutting lettuce for salads

Explanation:

Hope this will help

A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?

Select all that apply.

Detect when the current leakage is greater than 5 mA.


Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.


Interrupt the flow of electric current by tripping quickly enough to prevent electrocution from leakage

Answers

Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.

Explanation:

The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.

It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.

Answer:

All of them,

Explanation:

Based on your communications, you have established a list of decision criteria: marginal costs, adoption of synthetic components, estimated shipping costs, top note integrity, and base note integrity. How would you order the importance of the items on the list?


The number in parentheses indicates the relative weights for each factor.


A higher number indicates that an item is more important; a lower number indicates a factor is less important.

Answers

Answer: higher number indicates that an item is more important; a lower number indicates a factor is less important.

Explanation:

In order to order the importance of the items on the list, a higher number indicates that an item is more important while a lower number indicates a factor is less important.

In this case, one has to list the decisions criteria based on their importance. This is regarded as scale of preference in Economics.

PLZ PLZ PLZ HELP THS IS DUE TODAY!!!
Dealing with advertising clutter is one of the challenges of database marketing.


False

True

Answers

I believe it’s true
Maybe it might be true

The sum of all five terms of an arithmetic sequence is $55$. Find the sum of the first three terms of the sequence if the sum of the last three is $48$.

Answers

Answer:

18

Explanation:

The first step is to calculate the third term

= 55/5

= 11

The next step is to calculate the sun of last two terms

= sum of last three terms-third term

= 48-11

= 37

Therefore the sum of the first three terms can be calculated as follows

= 55-37

= 18

Hence the sum of the first three terms is 18

A company's data analysis team needs to perform real-time complex queries against a database. As the team grows the complex queries are slowing down production transactions. The current environment has an Amazon RDS database with the largest instance typing and is still experiencing performance issues. Which solution will reduce cost and resolve the performance issue?

Answers

Answer: Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.

Explanation:

The options include:

a. Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.

b. Implement Amazon ElastiCache and run the query against ElastiCache directly.

c. Implement Amazon EC2 instances to run a cluster of the production database and remove the RDS database instance.

d. Implement a larger Amazon RDS database instance type and apply Reserved Instances by submitting a limit increase request.

The solution that will reduce cost and resolve the performance issue is option A"Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size".

We should note that the Amazon Relational Database Service (Amazon RDS) is quite easy to set up, and it also gives a cost efficient capacity while there is automation of the database setup, backups, provisioning of hardware.

Billie eilish?Or purge for halloween please help me decide?

Answers

Billie Eilish!!! I did it and it was so fun

Answer:

Explanation:

i feel like dressing as billie would be more comfortable you know what i mean just big hoodie/t-shirt and sweat pants

What are the depleted amounts of tangible assets and intangible assets known as?

The annual depletion in the value of a tangible asset is known as (operating, amortization, or depreciation) expenses. The intangible assets also diminish in value, and this amount is known as (operating, amortization, or depreciation) expenses.

Answers

Answer:

Depreciation ; amortization

Explanation:

The tangible assets are those assets who are seen and ever touched. For this type of assets, the depreciation expense should be charged while on the other hand the intangible assets are those assets who are not seen not ever touched so for this type of assets the amortization expense should be charged

Therefore the above should be considered

why is market development necessary ?

Answers

A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.

On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $180,181, priced to yield 10%. Using the straight-line method, what is the amount of interest expense that Willette will report for the six months ended June 30, Year 1?

Answers

Answer:

$10,191

Explanation:

Calculation for the amount of interest expense that Willette will report for the six months ended June 30, Year 1

First step is to calculate the Semiannual interest payment using this formula

Semiannual interest payment = Face amount × (Rate ÷ 2)

Let plug in the formula

Semiannual interest payment = $240,000 × (6% ÷ 2)

Semiannual interest payment= $7,200

Second step is to calculate the Allocation of discount using this formula

Allocation of discount = (Face value of bonds − Issue price) ÷ Number of interest payments

Let plug in the formula

Allocation of discount = ($240,000 - $180,181) ÷ (10 years × 2 payments per year)

Allocation of discount = $59,819 ÷ 20

Allocation of discount = $2,991

Now let calculate the Interest expense using this formula

Interest expense = Interest payment + Allocation of discount

Let plug in the formula

Interest expense = $7,200 + $2,991

Interest expense = $10,191

Therefore the amount of interest expense that Willette will report for the six months ended June 30, Year 1 will be $10,191

biggest transition between school and post school​

Answers

you won’t have such a strict schedule everyday, you won’t always have work to do.

An instrument used to enlarge or reduce a map is known as​

Answers

Answer:

pantograph

Explanation:

you can use a pantograph to do this.



The school zone has posted speed limits of 25mph during school hours. Define Incentives, and provide an example of one negative incentive

and an example of one positive incentive that could be used to encourage motorists to obey the speed limit.

Answers

Answer:

To encourage someone to do something.

Explanation:

Incentives is defined as a thing that encourages someone to do something. One negative incentive is to charge a big fine on the motorists for the high speed in the school hours so that they obey the laws strictly while on the other hand, example of positive incentive is to give rewards or gifts or medals to those who obeys the law of speed limits in the school hours.

From the end of 2010 to the end of 2011, M1 increased from $2,006 billion to $2,311 billion. By what percentage did M1 increase?

Answers

Answer:

15.20%

Explanation:

The computation of the M1 increase is shown below:

= (M1 End of the year 2011  - M1 end of the year 2010) ÷ M1 End of the year 2010

= ($2,311 billion - $2,006 billion) ÷ ($2,006 billion)

= 15.20%

in humans happens meaning the process needs male and female parent.A.SEXUAL REPRODUCTION B.ASEXUAL REPRODUCTION C.OVULATION D.MENSTRATION​

Answers

Answer:

A.SEXUAL REPRODUCTION

Explanation:

Who would win Hawk Eye (Marvel) or The Green Arrow (DC)

Answers

Answer:

Buff animal crossing.

Explanation:

Answer:

Green Arrow

Explanation:

For tonight’s concert Harold decided to charge general admission, where all of the were the same price. He set the price at $10 and 13,000 fans showed up. What was the nights revenue

Answers

Answer: $130,000

Explanation:

A record of income and expenditures for a given period of time is called a/an:
Interest
Budget
Credit
Investment

Answers

A record of income and expenditures for a given period of time is called a BUDGET.

Podunk tech university's office of student affairs would like to estimate the proportion of podunk tech's students who have smoked marijuana in the past month. the office of student affairs would like to estimate the population proportion p to within .04 with 95% confidence.

Answers

Answer:

600

Explanation:

Requirement "What sample size is required if the Office of Student Affairs has no knowledge of the approximate value of p? (Round your answer up to the next largest integer)."

Margin of error, m = 0.04

Confidence level, 1-∝=0.95

Assume that p = 0.5 as proportion is not given.

At 95% confidence(∝=0.05). the tabulated value from the z-table is 1.96

n = p(1-p)[z∝/m]^2

n = (0.5)(1-0.5)[1.96/0.04]^2

n = (0.5)(0.5)(2401)

n = 600.25

n = 600

So, the required samplesize would be 600

11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.

Answers

Answer:

Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.

Background image

What is insurance????????

Answers

Answer:

it is when you can go to the doctors and you have to pay 1,000

Explanation:

Answer:

g

Explanation:

What does the phrase “last in, first out” mean?

Answers

It’s used to account for inventory. It record the most recent produced items as sold first. It records how the newest item made is the first to be sold. Last in first out is used during inflation as a way to reduce income tax.

Hoped that help sorry if it didn’t

A responsible managing employee is required through the Contractor's state license board to work at least?

Answers

Answer:

32hours or 80% of the complete working hours per week of the business

Explanation:

When construction companies engage in contracts were materials and labor can cost $500 and above, they are expected to have a license. If the business does not have a license, it can qualify for a license if it decides to employ someone with the required license. The employed individual will be known as the responsible managing employee.

The contractors state license board requires such an employee to be a full and recognized employee of that business and to have at least 32hours or 80% of the sum of the working hours expended by the business.

On January 1, 2020, Vaughn Corporation purchased 323 of the $1,000 face value, 9%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Vaughn purchased the bonds to yield 11%. How much did Vaughn pay for the bonds?

Answers

Answer:

$284,954.63

Explanation:

in order to determine the market price of the bonds we must calculate the present value of the face value and coupon payments

PV of face value = $323,000 / (1 + 11%)¹⁰ = $113,755.59

PV of coupon payments = $29,070 x 5.8892 (PVIFA, 11%, 10 periods) = $171,199.04

total market value = $284,954.63

two sustainable ways in which businesses could assist the schools to ensure that school leavers are better prepared for the workplace​

Answers

They could provide internships towards graduates to allow them to acquire working experience.
They could also provide training to help graduates have an understanding of what they are expected of in the workplace.

The education system is based on more of theoratical knowledge than that of practical knowledge. Most of the theoratical knowledge is important and relevant but does not help in the growth of the student in real world.

For preparing students to face the real world situations and scenarios the schools should prepare them by making additions in the education system in following ways:

Business Assistance Tranings can be provided by education institutions to the graduates for introducing and preparing them for the real life workplace knowledge.Interships can be given to help them learn and work in the real environment which they would eventually work in after completion of their studies.

Therefore the points discussed above can be the assistance provided by businesses to the education institutions for addition in the education system to prepare school leavers for workplace.

Learn more about Education here:

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what are some of the products variables that may be considered in product development?​

Answers

answer:

Cost. One major factor that affects product design is the cost of production including material costs and labor costs. ...

Ergonomics. The product needs to be user friendly and afford convenience in its function. ...

Materials. ...

Customer Requirements. ...

Company Identity. ...

Aesthetics. ...

Fashion. ...

Culture.

Term review of accounting

Answers

Accounting

Accounting is an art of identifying, measuring, recording, classifying, Summarising, helps in analysis & interpretation of the financial data.

Branches of accounting

Financial accountingCost accountingManagement accounting

Objectives of accounting

Maintaining accounting recordsDetermining profit or lossDetermining Financial position Facilitating managementProtecting business assets

Advantages

Replaces memoryFacilitates loansEvidence in courtHelps in partnership accountsHelps in decision making

Limitations

Accounting is not exactUnrealistic informationAccounting ignores the qualitative elementsAccounting ignores the effect of price level changesAccounting may lead to window dressing

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Billie Eilish,Or the purge for halloween i need help deciding.

Answers

Answer: the purge

Explanation: ur welcome

Answer:

i say billie bc everyone does the purge

Explanation:

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