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16y ago

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What is something of legal value that must be given by each party in exchange for what was promised or given by the other?

Something of legal value that must be given by each party in exchange for what was promised is known as "consideration." Consideration can take the form of money, services, goods, or an agreement to refrain from a specific action. It is essential for a contract to be enforceable, as it ensures that both parties are providing something of value in the transaction. Without mutual consideration, a contract may be deemed void or unenforceable.


Do you have to pay tax on money given to you?

If the money is given to you as a no-strings-attached gift, no. Money given to you by your employer or in exchange for goods or services is not a gift no matter what you agree to call it.


What is trading in country and trading with country?

Trading in country means that the exchange of goods and services takes place within one given country. Trading with country on the other hand means you exchange goods and services with a different country.


What does the term sales mean?

The term sales means that something is given to someone in exchange for money. This could be goods or services.


What is the Political Economic and Social system in which land was held by Vassals in exchange for Military and other services given to overlords?

Feudalism


What is a Transaction Number on Howrse?

A transaction number is simply an identification given to a pass transaction. If you have a problem, contact the Howrse staff with that number.


What is orientation services in guidance services?

the assistance given to students to help them adjust to the new situations called "orientation".


What do you mean by customers copy?

The customers copy is the copy of the transaction given to the customer for their records. It generally outlines the agreed upon terms including pricing, dates of services, etc.


Was Ringo Starr knighted?

No. Paul McCartney is the only former Beatle to be knighted. (John Lennon was reportedly suggested for a posthumous knighthood, but was never seriously considered; he'd spoken out against the British government many times, during his life.)


What is the name of the political economic and social system in medeivel Europe in which land was held by vassals in exchange for military and other services given to overlords?

Feudalism


What is an exchange of information that results in a change of behavior called?

An exchange of information that results in a change of behavior is called an influence. For example, you have a habit of smoking. You are given information about the health risks, and you then change your behavior to quit smoking.


What is the total value of goods and services produced in a given period of time called?

aggregate production