subject
Business, 19.06.2020 14:57 james22000

You bought a sachet water machine from Indie Inc. The cost of the machine was GH 35 000. At that time, you asked for the payment to be deferred, and a contract was written. Under the
contract, you could delay paying for the sachet water machine if you purchased the material for
packaging the water from Indie Inc. You will then pay for the machine in a lump sum at the end
with interest at a rate of 2% per quarter-year. According to the contract, if you ceased
buying the packaging material from Indie Inc. at any time prior to 2 years, the full payment due
at the end of 2 years would automatically become due. One year later, you decided to buy the
packaging material elsewhere and stopped buying from Indie Inc., whereupon Indie Inc. per
the contract terms, asked for the full payment that is due at the end of 2 years to be paid
immediately. You were unhappy about this, so Indie Inc. offered as an alternative to accept the
GH¢35,000 with interest at 10% per semiannual period for the 12 months that you had been
buying the packaging material from Indie Inc. Which of the altematives should you accept?
Explain.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:50
The maximum amount of money that a consumer can charge on a credit card is called the
Answers: 2
question
Business, 22.06.2019 10:30
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.
Answers: 2
question
Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
Answers: 2
question
Business, 22.06.2019 13:50
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
You know the right answer?
You bought a sachet water machine from Indie Inc. The cost of the machine was GH 35 000. At that ti...
Questions
question
Chemistry, 08.11.2019 04:31
Questions on the website: 13722363