Answer:
insourced
Explanation:
A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.
The answer is<u> "proof-of-concept prototype".</u>
A proof of concept is a framework structured simply to exhibit the usefulness of a solitary or little arrangement of standards to be coordinated into different frameworks. True ease of use isn't viewed as while making a proof of idea since incorporation with other faulty advancements isn't just tedious, however may weaken the capacity to decide whether the standard idea is practical.
A prototype is a first endeavor at making something that may be true usable. It is assumed that you may misunderstand things all the while, yet finding that out is the standard motivation behind a model. A model will have all (or almost all) of the usefulness of the completed item, however will for the most part not be as proficient, tastefully satisfying, or strong.
Answer:
1. $550,000
Explanation:
1. It is given in the question that the stated interest rate and the market interest rate both are having the same rate, i.e, 12%.
Hence, the bonds are issued at the face value that is $550,000.
2. The Journal entries are as follows:
(i) On January 1,
Cash A/c Dr. $550,000
To bonds payable $550,000
(To record the bond issuance)
(ii) On December 31,
Interest Expense A/c Dr. $66,000
To cash A/c $66,000
(To record the first interest payment on December 31 assuming no interest has been accrued earlier in the year)
Workings:
Interest expense = $550,000 × 12%
= $66,000
There are 6 requirements for a verbal contract:
An offer. -- they had this
An acceptance. -- the contract was accepted
Competent parties who have the legal capacity to contract. - they both have the right to make this decision
Lawful subject matter. this is not an illegal operation
Mutuality of obligation. Both parties are obligated to do something in this case.
Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.
Answer:
The correct answer is letter "D": negligence per se.
Explanation:
Negligence per se is a U.S. doctrine that is applied when there has been a clear statute breach. It is applied mainly in cases where the defendant has caused harm to the plaintiff by violating a statue that should have been of knowledge to the defendant.
