In order for an offer to confer the power to form a contract by acceptance, it must have all of the following elements except? a) be communicated to the offeree and the communication must be made or authorized by the offeror. b) be sufficiently definite and certain. c) be communicated by words to the offeree by the offeror. d) manifest an intent to enter into a contract

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

Explain the relationship between consumers and producers in economic growth and activity