Answer:
B) Decentralization of authority
Explanation:
Based on the scenario being described it can be said that the concept that is best illustrated in this scenario would be a decentralization of authority. This is the process in which authority is moved to the lower level managers within an organization. Which is what is happening in Chimbake, since they have given the store managers full authority to control and create the dessert flavors as they see fit.
Firms generally choose to finance temporary net operating working capital with short-term debt because Select one: a. Matching the maturities of assets and liabilities reduces risk. b. Short-term interest rates have traditionally been more stable than long-term interest rates. c. A firm that borrows heavily long-term is more apt to be unable to repay the debt than a firm that borrows heavily short-term. d. The yield curve has traditionally been downward sloping. e. Sales remain constant over the year, and financing requirements also remain constant
Answer:
a. Matching of assets and liabilities reduces risk
Explanation:
Working capital refers to the funds required by a firm to carry out it's routine and day to day operations. It is also expressed as,
[tex]Working\ Capital\ =\ Current Assets\ -\ Cuurent Liabilities[/tex]
Both current assets and current liabilities represent benfits and obligations with their respective durations being less than an year i.e short term.
When funding it's working capital requirements, a firm resorts to short term financing in the form of debt. The reason being, such funds are only required for short term i.e within an operating cycle.
Matching of assets and liabilities reduces liquidity risk in the sense that, when such short term debt matures and requires repayment, the short term assets financed by such debt also mature and the proceeds from such assets can be used to pay off such debt.
Secondly, the cost of short term debt, is usually lesser than the cost of availing long term debt since, debt issued for long term carries greater risk and thus requires higher interest rate as compensation.
Sarah owns and operates a retail sporting goods business as a sole proprietor. Her store is located on the ground floor of a two-story building that she owns. Based on the following information regarding 2017, compute her net self-employment income (for SE tax purposes) to be put onto Schedule C for that year.
Gross profit from sporting goods business = $100,000
Rental income from upper level (45%) of building = 20,000
Building depreciation expense = 10,000
Utilities for ground floor (Tenant pays own utilities.) = 4,500
Depreciation on vehicles used in business = 3,000
Gain on sale of van used 100% in business = 2,000
Contributions to her Keogh retirement plan = 5,500
Sarah's health insurance premiums = 4,000
Mortgage interest on building = 10,000
Other expenses of running her sporting goods business = 11,500
A. $70,000
B. $64,500
C. $66,000
D. $73,500
Answer:
A. $70,000
Explanation:
From the information given, we discover that
Gross profit from sporting goods business = $100,000
Subtract: other Expenses = 11500
Subtract: Building depreciation expenses (10000 × 55%) = 5500
Subtract: Mortgage Interest (10000 × 55%) = 5500
Subtract: Depreciation on vehicle used for business = 3000
Less: Utilities for Ground Floor = 4500
Net Self employment Income = $70,000
Note that 55% is used for ground floor, it is calculated as 100 - 45% used by tenant, therefore, for business purpose 55% will be taken.
Answer:
Answer is A.$70,000
Refer below.
Explanation:
The final value is $70,000.
________ occurs when a product's performance is below expectations and the consumer is dissatisfied. Group of answer choices A.Positive disconfirmation of expectations B.Negative disconfirmation of expectations C.Reverse dissonance D.Postpurchase analysis E.Brand loyalty
Answer:
B.
Explanation:
Negative disconfirmation of expectations occurs when a product's performance is below expectations and the consumer is dissatisfied. This can occur for a large number of reasons , including wrong target market, beter competition, and even bad pricing strategy or some of the many possible reasons. This disconfirmation is negative, which is posited to decrease post-purchase or post-adoption satisfaction
Assume you are going to lunch and have a choice of two meals. The first meal would give an increase in marginal utility of 100 with a $25 price. The second meal would give you an increase of only 10 with a $2 price. The third meal will give you an increase of 50 with a $5 price. Which meal should you logically choose ?
Answer:
Meal 3 = 50 utils / $5 = 10 utils per dollar spent
Explanation:
Logically, the meal with highest utility per Dollar spent would be the priority for me. So here:
Meal 1 = 100 utils / $25 = 4 utils per dollar spent
Meal 2 = 10 utils / $2 = 5 utils per dollar spent
Meal 3 = 50 utils / $5 = 10 utils per dollar spent
As meal 3 has highest utility per dollar spent, it will generate higher value for me. So I will opt meal 3.
Quantification Group of answer choices often makes our observations more explicit. limits the possibility of statistical analyses. can increase bias. can make it more difficult to aggregate data. can make it more difficult to summarize data.
Answer:
The correct answer is letter "A": often makes our observations more explicit.
Explanation:
Quantification helps to add or to summarize information faster. In this process of data classification, statistical analysis can be generated which allows data understanding to be easier through the arranging of information through charts. Therefore, data is more explicit. To do so, mathematical calculations may be necessary.
Mr. Thompson is a professor of marketing at the local university. In the student orientation program, he addressed the freshmen regarding the advantages of taking marketing as a major course. Which of the following types of advertising did Mr. Thompson use?Persuasive AdvertisingPersonal SellingPublic Relations
Answer:
Persuasive Advertising
Explanation:
Persuasive advertising is a type of advertising strategy to promote a product and its main purpose is to influence consumers to buy a particular product. Persuasive advertising is done through a variety of advertising methods, including television, mail, websites, newspapers, and radio. Persuasive advertising skills are very important in the business and marketing arena, because it helps marketing professionals to fight sales, new product openings and competitors.Palmer corp is considering the purchase of a new piece of equipment. the cost savings from the equipment would result in an annual increase in net income after tax of "$100,000" . the equipment will have an initial cost of "$400,000" and have a "7" year life. if the salvage value of the equipment is estimated to be "$75,000" , what is the payback period
Answer:
4 years
Explanation:
Payback period is the time in which a project returns back the initial investment in the form of net cash flow.
Initial Investment = $400,000
Annual increase in net Income = $100,000
Payback period = Initial Investment / Annual increase in net income
Payback period = $400,000 / $100,000
Payback period = 4 years
The initial cost of $400,000 will be paid back in only 4 years time by the equipment.
Kimberly's Crown sells and designs jewelry. Despite the jewelry's popularity, products are available only through a few shopping stores across the country. When one of the stores complains that the jewelry they're being given is inferior to the jewelry Kimberly sells to other stores, Kimberly experiences ________ conflict. A. intensive B. vertical C. horizontal D. multitiered E. subjective
Answer:
B. vertical
Explanation:
Based on the scenario being described within the question it can be said that in this situation Kimberly experiences vertical conflict. This term refers to a type of conflict that occurs between two type of companies within the same industry/market. Such as in this case since the conflict is between Kimberly's store and a competing store within the same industry.
Vertical conflict is generally occurred at the time of disagreement on a certain case between two members on consecutive levels.
Hence, correct option is B.
Kimberly experiences vertical conflict.
Kimberly is experiencing vertical conflict in this position, according to the scenario mentioned in the question. This term refers to a disagreement between two types of businesses in the same industry or market. As in this situation, where the dispute is between Kimberly's store and a competitor in the same business.
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Zino Company determines that a customer balance of $200, from Hollis Co., is uncollectible. Zino uses the allowance method to account for bad debts.
The entry to write off the uncollectible balance will include a:
A) debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable.
B) debit to Bad Debts Expense and a credit to Allowance for Doubtful Accounts.
C) debit to Accounts Receivable and a credit to Allowance for Doubtful Accounts.
D) debit to Allowance for Doubtful Accounts and a credit to Bad Debts Expense.
Answer:
debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable.
Explanation:
In accounting the allowance method is used to recognise and post portions of account recievable that is uncollectible. It involves an adjusting entry that changes the balance sheet figure for account receivable.
For example in the given instance a customer balance of $200, from Hollis Co., is uncollectible. The allowance method is used to pass the following entry:
debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable of $200
the Federal Reserve wishes to decrease the money supply by $100 billion in order to reduce the possibility of high inflation in the years to come. Assuming a reserve requirement of 10 percent & that banks hold no excess reserves and the Fed wanted to use open market operations, would the Fed buy or sell bonds and how many bonds should the Fed buy or sell?
Answer:
the Fed should sell $10 billion in securities
Explanation:
intended goal is to decrease money supply by $100 billion
banks' required reserve ratio = 10%
money multiplier = 1 / reserve ratio = 1 / 10% = 10
the Fed should sell $10 billion in securities
total effect = -$10 billion x 10 (money multiplier) = -$100 billion
When the Fed sells securities, it is absorbing money, so it reduces the monetary base and money supply of the economy.
Jerilyn is in the early stages of an inoperable cancer. she has prepared a signed and witnessed written document directing her family not to allow any artificial or heroic steps to be taken in the event that she is unable to make her wishes known at the appropriate time. what is this document called
Answer:
Living will.
Explanation:
Living will can be described as a legal document in which an individual clearly states the type of treatment he or she will prefer in a situation whereby they are unable to communicate their wishes.
A living will enables an individual to make the right decision on the form of life support treatment that he or she would prefer to help aviod any form of confusion.
Answer:
Living will
Explanations:
A living will is a legal document that enables people state their wishes for end of life medical care in the event they are unable to communicate their actions then. It can also be called "an advance directive". It states the desire of an individual to donate an organ after death.
It is a document in which a. Individual specified the kind of medical care they want and what they do not in case they can't speak later. Doctors consult the living will of a patient who is unable to talk in order to determine the kind of treatment the patient want or not.
Jarilyn has prepared a legal document stating that her family should not allow any artificial or heroic steps to be taken on her in case her cancer grows worse and she is unable to speak on what she wants.
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can produce 36 units of food per year or 18 units of clothing. Which of the following is true?
1.Georgeland has an absolute but not a comparative advantage in producing clothing.
2.Georgeland has both an absolute and a comparative advantage in producing clothing.
3.Alland has an absolute but not a comparative advantage in producing food.
4.Alland has both an absolute and a comparative advantage in producing food.
Answer:
1.Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
Georgeland has an absolute advantange, because with the factors of production that it has available (the question does not specify the amount), it can produce either more food, or more clothing than Alland.
But Georgeland does not have comparative advantage in producing clothing, because the cost of opportunity of doing so is higher than Alland's, as can be seen in this comparison:
If Alland produces 16 units of clothing, it gives up on 32 units of food.
If Georgeland produces 18 units of clothing, it gives up on 36 units of food.
eriod costs ________. should be treated as an indirect cost rather than as a direct manufacturing cost seldom influence financial success or failure include only fixed costs include the cost of selling, delivering, and after-sales support for customers
Answer:
include the cost of selling, delivering, and after-sales support for customers
Explanation:
The period cost is the cost which includes the major part of the selling and admin expenses plus it is also not capitalized and can be incurred according to the passage of time
So as per the given situation, the third option is correct as it includes the selling, delivering cost and after sales support
Therefore all the other options are wrong
where x1 and x2 represent number of units of production of basic and advanced iPods, respectively. Production time required for the basic iPod is 6 hours per unit, and production time required for the advanced iPod is 8 hours per unit. Currently, 60 hours are available. The cost of hours is already factored into the profit function. Formulate an optimization problem that can be used to find the optimal production quantity of basic and advanced iPods. Solve the optimization model you formulated, what is the optimal value of the objective function? Round your answer to one decimal place.
The number of basic units is 3 and the number of advanced unit is 4.
Explanation:
Optimization function is a real valued function that is either minimized or maximized relative to the given set of feasible variables. Therefore if our maximum value for the production of both types of Ipod is 50 hours and if it takes 6 hours to produce basic Ipod and 8 hours to produce advanced Ipod than optimization model is expressed as 6*x + 8* y = 50. From this we have a set of possible solutions.
If x =0 than y =6, 2 it is not possible since it is not the natural number.
If y =0 than x =3, 57, it is not a natural number.
The only solution that satisfy the above condition is when x =3 and y = 4.
In the long run, the economy is:A) self-correcting, as commodity prices rise during recessionary gaps and fall during inflationary gaps to move the economy to long-run equilibrium. B) self-correcting, as prices of goods that are sticky in the short run become very flexible in the long run and thus move the economy to full employment. C) fluctuating, as nominal wages rise and fall during short-run economic fluctuations. D) self-correcting, as nominal wages rise during recessionary gaps and fall during inflationary gaps to move the economy to long-run equilibrium.
Answer: B. self-correcting, as prices of goods that are sticky in the short run become very flexible in the long run and thus move the economy to full employment.
Explanation: In a long run the economy self correct as price of goods that are sticky in the short run become very flexible in the long run and it thus being the economy to full employment.
The idea of Economy self-correcting is that when an economy is producing at an equilibrium level of output below or above its full employment, will return on its own to full employment level left on its own accord. It requires flexible wages and prices, so therefore it is only going to happen at the long run.
Antivenin is a(n)_______antigen produced from a virus.
a. antitoxin used to treat exposure to a venom.
b. vaccine made toward the endotoxin of a virus.
c. antiserum produced from hybridomas.
d. vaccine produced against the endotoxin of a bacterium.
Answer:
A. antitoxin used to treat exposure to a venom.
Explanation:
Antivenin is the antibodies created in the blood of animal when venom is injected in their body. It act as a neutralizer to the snake venom which entered in the body. In the human body, it can be used only once to treat snake bite as it may create allergic reaction in the human body. It was developed by Albert Calmette, a french Scientist.
Antivenin is an antitoxin used to treat exposure to a venom antigen produced from a virus.
Inez believes that makeup is the most important part of her wardrobe. She spends considerable time comparing the prices, skin tones, and color options available at various cosmetics counters in department stores. For Inez, makeup is a convenience product.
A. True
B. False
Answer:
B. False
Explanation:
Convenience products refer to those products whose purchase is very convenient or comfortable and requires little time and efforts of the buyers. Such products are frequently purchased by the buyers. Examples of such products would be soaps and detergents, sugar and magazines, etc.
Shopping products on the other hand, are those products that are purchased less frequently and often require comparison between other available alternatives and variants. Such products demand time and efforts on the part of the consumer. Examples are clothing, electronic items such as smartphones, shoes, etc.
In the given case, Inez assigns high importance to her makeup. Thus it is evident, she's particular about her make up items and would spend a considerable time in deciding and selecting a particular make up item.
As is stated, she is particular about colors, prices, skin tones and other factors, make up would classify as a shopping product.
Price discrimination requires that different customers have different levels of price sensitivity and that:A. the cost of production is different for every customer. B. marginal costs are falling. C. supply is contant. D. customers cannot resell the product amongst themselves.
Answer:
Customers cannot resell the product amongst themselves.
Explanation:
Price discrimination can be defined as a pricing strategy which involves selling a particular product at different prices. It can also be described as how organizations charge each customer different amount of prices for the same good or service, this is typically based on how much a particular customer is ready to pay for the product.
The following are the requirements for price discrimination:
- Organizations must prevent the resale of the product by separating the market.
- Seller should ensure to control the supply of the product.
- Price elasticity must be different.
Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be ________ and real gdp to be ________.
Answer:
Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be LOWER and real gdp to be LOWER.
Explanation:
A government engages in contractionary fiscal policy when it decreases spending or increases taxes. This is done to lower the economy's inflation rate, but it also decreases aggregate income which will decrease aggregate supply, resulting in a lower real gross domestic product.
A contractionary fiscal policy, like reducing government spending or increasing taxes, will lower the inflation rate and bring real GDP closer to its potential when the economy is operating above potential GDP. The policy reduces aggregate demand, lowering inflation and causing minimal changes to the real GDP.
Explanation:The question asked is, 'What would be the impact of a contractionary fiscal policy utilized to prevent real GDP from rising above potential real GDP on inflation rate and real GDP?' Contractionary fiscal policy refers to government measures, such as decreasing government spending or increasing taxes, to reduce economic growth and control inflation. Applied to an economy operating above potential GDP, characterized by low unemployment and rising inflation, contractionary fiscal policy could help bring the economy back to equilibrium.
As a result of using contractionary fiscal policy to prevent real GDP from rising above potential real GDP, the inflation rate would be lower and the real GDP would be closer to its potential. This happens as the reduction in government spending or increase in taxes decreases aggregate demand, applying downward pressure on price levels (thereby lowering inflation) while causing very little reduction in output or rise in unemployment (thus real GDP is closer to potential).
Fiscal policy can contribute in pushing aggregate demand beyond potential GDP, leading to inflation. When the rising percentage of debt to GDP creates uncertainty in global markets, the government might resort to inflationary tactics to reduce real debt's real value. Thus, effectively, if the government has borrowed at a fixed interest rate, resulting inflation above that rate allows the government to repay its debt effectively at a negative real interest rate. Therefore, applying a contractionary fiscal policy can help stabilize the economy by reducing inflation and pulling real GDP closer to its potential value.
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Comfort Cords produces curtain cords. In the process of manufacturing those cords, it also produces hair ties which are sold separately. In the month of June, 60,000 units of cords were manufactured which resulted in the production 10,000 hair ties. 50,000 cords were sold at a price of $12 and 9,000 hair ties were sold at a price of $1.00. Joint costs incurred in the process amounted to $450,000. What is the value of revenue in June for Comfort Cords?
Answer:
$609,000
Explanation:
The revenue in June for Comfort Cords is the sum of the revenue from cords and hair ties.
The revenue from each is the product of the unit selling price and the quantity sold.
= 50000 * $12 + 9000 * $1
= $600,000 + $9000
= $609,000
It may be appropriate for a real estate professional to utilize different approaches for estimating the market value of a property depending upon the particular property type and use. Which of the following approaches would be most applicable when valuing an owner-occupied residential house.income approachdepositiondevalue
Answer:
income approach
Explanation:
Base on the scenario been described in the question, we can say that the approach the real estate professional used and is most applicable when valuing an owner-occupied residential house is income approach
The income approach, or the income capitalization approach, is a type of real estate appraisal method that allows investors to estimate the value of a property based on the income the property generates to them. It’s used by taking the net operating income (NOI) of the rent collected by the investors and dividing it by the capitalization rate. Which will give us the income approach
Multiple Choice Question 50 When manufacturing overhead costs are assigned to production in a process cost system, they are debited to a Work in Process account. the Finished Goods Inventory account. Cost of Goods Sold. a Manufacturing Overhead account.
Answer:
they are debited to a Work in Process account
Explanation:
The journal entry to record the assignment of manufacturing overhead costs to production in a process cost system is done as follows:
Work - In Process (debit)
Overheads (credit)
The affirmative action process demands all of the following EXCEPT ________.
a. analysis of the demographics of the current company workforce.
b. survey of the relevant labor market to determine its demographics.
c. comparison of the current company workforce with the available labor market.
d. hiring of people in underrepresented classes, regardless of qualifications.
Answer: D. hiring of people in underrepresented classes, regardless of qualifications.
Explanation: Employment using quota as a criteria and hiring people without regards to qualification just because they are from under represented class, is not an affirmative action and will lead to mediocrity.
Hiring should be based on analysis of demographics of the current company workforce, survey of the relevant labor market and comparison of the current company workforce and workforce available in the labor market.
Answer:
d. hiring of people in underrepresented classes, regardless of qualifications.
Explanation:
The affirmative action process demands analysis of the demographics of the current company workforce, survey of the relevant labor market to determine its demographics and comparison of the current company workforce with the available labor market.
However, it is counterproductive to hire people in underrepresented classes, regardless of qualifications.
A marketing professor wanted to do everything possible to ensure that her students understood her lectures. Accordingly, she used examples of marketing activities with which most students were familiar. For example, the professor discussed the marketing exchanges between students and grocers, college bookstores, convenience stores, and clothiers. The examples used by the professor were her attempt to ________ her message to encourage better understanding on the part of her students.
Answer:
effectively encode
Explanation:
The aim of communication is to create an understanding between the receiver and the sender. Effectively encode means that the sender is making an attempt to deliver the message in a coded manner such that it would be clearly and easily understood by the receiver.
Example of effectively encode message is when a teacher uses marketing activities which students are familiar with like an exchange between students and grocers, college book stores, convenience stores and clothiers.
In the example above, the sender is able to accomplish his mission of effectively delivering the message by making comparisons that are familiar to the students.
Answer:
Sarah is attempting to effectively encode her message to encourage better understanding.
Explanation:
To begin with, encoding is a term in communication which describes the conversion of ideas into gestures or words that convey meaning. In other words, it is the art of channelling information to receivers in ways that they can understand.
As a professor marketing, Sarah is well versed in marketing exchange but wants to ensure that her students understand the concept better as she does. To achieve this, Sarah logically converts the ideas (encode) she has on marketing exchange through lots of relatable examples that foster better or effective understanding of the subject matter.
Each parcel of land in a new development is selling for $15,000 and the total project revenue is estimated to be $5,000,000. The project lender has stated that the loan should be paid off when 80% of the total project revenue has been earned. The total loan amount is $3,500,000. What is the release price for each parcel?
Answer:
The release price for each parcel is $13,215.
Explanation:
Release price for each parcel = [3500000/(5000000*80%)]*15000
= $13,215
Therefore, The release price for each parcel is $13,215.
Which of the following may be true for a company pursuing a strategy of unrelated diversification rather than a strategy of related diversification? a. The company has to achieve coordination between business units. b. The company has narrow organizational competencies. c. The company has superior strategic management and organizational design. d. The company has no bureaucratic costs that arise from the number of businesses in its portfolio. e. The company has no difficulty in keeping its corporate managers informed about the complexities of each business.
Answer:
c. The company has superior strategic management and organizational design
Explanation:
Strategic management refers to developing and implementing such strategies that lead to judicious and optimal use of an organizational resources, utilizing strengths and minimizing weaknesses and ensuring that all organizational activities work in synchronization towards attainment of long term organizational goals.
Organizational design refers to alignment of an organizational structure which comprises of organizational hierarchy, departments, reporting responsibilties, level of delegation, etc with organizational objectives, with focus upon efficiency and effectivenenss.
Diversification refers to expansion by a business by adding new products to it's existing portfolio and exploring new markets.
Under Unrelated diversification, the products added to the existing product line are entirely different, unrelated and offered in new markets where previously such business had no product offerings.
An unrelated diversification is a risky form of diversification as it involves unpredictability and unfamilarity w.r.t market response and requires high degree of innovation.
Such form of diversification is usually resorted to by those companies who possess superior strategic management, an adaptable organizational design and high degree of product innovation.
Assume that labor is the only factor of production and that wages in the United States equal $20 per hour while wages in Japan are $10 per hour. Production costs would be lower in the United States as compared to Japan if
U.S. labor productivity equaled 40 units per hour and Japan's 15 units per hour.
Answer:
True
Explanation:
This simply means that the US would be at an advantage over Japan if in the U.S, labor productivity level of a worker equaled 40 units per hour while in Japan it is 15 units per hour.
Since a company overall performance is determine usually by wotkers production capacity, the US workers would be producing more in an hour for the company at reduced cost than Japanese workers.
Final answer:
Production costs in the U.S. would be lower than in Japan because U.S. workers are more productive, producing more units per hour even with higher wages, resulting in a lower cost per unit produced.
Explanation:
To understand the comparison between labor costs in the United States and Japan, we need to look at the productivity level of labor in both countries in relation to their wages. Labor productivity is a measure of the output per worker per hour. With American labor productivity at 40 units per hour and a wage rate of $20, the cost to produce one unit in the U.S. is $0.50. In Japan, with labor productivity at 15 units per hour and a wage rate of $10, the cost to produce one unit is approximately $0.67.
In this scenario, despite the higher wages in the U.S., the American labor force is more cost-efficient because they produce more units per dollar spent on wages. This illustrates how higher productivity can more than offset higher wages when determining production costs. Therefore, production costs would indeed be lower in the U.S. if we consider only the given productivity rates and wage levels.
Nora contracts to work for ABC Investments during June for $2,500. On May 31, ABC cancels the contract. Nora refuses to accept a similar job with first State Bank, which would pay $2,000. Nora files a suit against ABC. As compensatory damages, Nora can recover:________.
a. $2500
b. $2000
c. $500
d. nothing
Answer:
c. $500
Explanation:
A contract is an agreement by two or more parties to perform a.certain activity within a given time.
When contract are breached, the beneficiary has the right to gain back the amount promised.
If the beneficiary can get another option, the other party is obligated to pay the balance.
On this instance Nora had the chance to get a new job at $2,000 salary the balance is $2,500 - $2,000= $500. Since she rejected the job she is responsible for that loss.
However ABC is still liable to pay the balance of $500
Nora can recover $500 as compensatory damages from ABC Investments, representing the difference between her contract with ABC and the salary offered by First State Bank, which she refused.
Explanation:Nora can recover compensatory damages for the loss she suffered due to ABC Investments canceling the contract. Under the duty to mitigate damages, the plaintiff must take reasonable steps to minimize their loss. Since Nora refused to accept a similar job at First State Bank, which was offering $2,000, she did not fulfill this duty completely. The difference between the original contract price and the salary of the new job offer represents the amount she could recover, which is $500 ($2,500-$2,000). Therefore, the correct answer is option C: $500.
What ethical theory looks at the present in assessing the impact of alternate sentences, focusing less on the act committed and more on the character of the person who committed it and how a sentence would work to achieve moral virtue?
Answer:
Virtue ethics
Explanation:
Virtue ethics are defined as normative ethical theories which is centered around virtues of the mind, character, and a total sense of honesty.
Balenciaga Distributors provides intermediary services for a variety of food and beverage wholesalers. Over time, those wholesaler customers have demanded that Balenciaga Distributors begin financing transactions, grading fresh fruit and produce, and providing market information and marketing research. These services are primarily an example of wholesale customers demanding more of which type of intermediary functions?
The services demanded by wholesale customers, such as financing transactions and grading fresh produce, are examples of wholesale intermediary functions.
Explanation:The services demanded by the wholesale customers, such as financing transactions, grading fresh fruit and produce, and providing market information and marketing research, are examples of wholesale intermediaries functions. Wholesale intermediaries bridge the gap between producers and retailers, helping to facilitate the flow of products from manufacturers to end consumers.
These functions help to ensure that the products meet quality standards, are properly marketed, and reach the desired target market efficiently. By providing these services, Balenciaga Distributors is satisfying the demands of their wholesale customers and adding value to their business relationship.
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