Rabbi Dave, who strictly follows Sabbath law, purchased a golf club online on Friday morning. His account was set to the default status, under which payment is made at the time of shipping. Unbeknownst to Dave, shipment is made on Saturday, in violation of Sabbath law. On Monday morning, Dave notices an email that payment was made on Saturday. Dave calls the company, claiming that the agreement is illegal and should be rescinded. Is he correct

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level