There will be a reduction in the amount of labor requested and an upward shift in the demand curve.
What will increase labor wages effect ?Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.
Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.
The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.
Learn more about Labor wages here
https://brainly.com/question/14090792
# SPJ 1
What happens during a bank run?
a. Customers withdraw more money than the bank has on hand.
b. The federal government orders all banks to close.
c. States charter more banks than their citizens need.
d. the price of gold specie suddenly increases.
In the years leading up to the War of 1812, the U.S. economy had been on the upswing.
b. The federal government orders all banks to close.
The war with Britain, however, disrupted foreign trade. As one of the United States’ largest trading partners, Britain used its navy to blockade U.S. trade with other nations.
The war prevented U.S. farmers and manufacturers from exporting merchandise, blocked U.S. merchants and fisherman from sailing the high seas, and curtailed federal government revenues, which were derived mainly from tariffs on trade.
By 1815, the United States found itself heavily in debt, much like it had been at the end of the Revolutionary War thirty years earlier.
Learn more about United States https://brainly.com/question/1527526
#SPJ4
Which of the following examples is an instance of co-marketing?
a. Bonne Belle's Dr. Pepper flavored lipgloss
b. Ford Explorer's Eddie Bauer edition
c. a summer promotion with Heinz catsup and Ballpark franks
d. Taco Bell's Dorito Loco taco
The example of comarketing would be: a summer promotion with Heinz catsup and Ballpark franks. Option C.
What is meant by comarketing?Co-marketing is a type of marketing approach where brands or businesses collaborate to increase their reach. Usually, the businesses who collaborate with one another have some things in common, such being in the same industry or serving similar clientele.
Partnerships in content marketing entail producing or supplying content for the other brand involved. For instance, if two well-known bloggers decide to collaborate on marketing, they might each contribute a few guest posts to the other's blogs.
Read more on co marketing here:https://brainly.com/question/25754149
#SPJ1
a _____ is responsible for creating and maintaining an organization’s intranet and extranet.
Webmaster is responsible for creating and maintaining an organization's intranet and extranet.
What is the job of a webmaster?The Webmaster is the main point of contact for all matters relating to the organization's website(s), and they are responsible for a wide range of tasks, such as web design and development, regular site and content maintenance, and various updates to make sure the sites are in line with the company's goals and objectives.
What do they now call a webmaster?A person who manages one or more websites is known as a webmaster. Web architects, web developers, site authors, site administrators, site owners, website coordinators, or website publishers may all be mentioned in the title.
To know more about Webmaster visit :
https://brainly.com/question/14760854
#SPJ4
Relaxicab Inc. is a 100-year-old, multinational enterprise (MNE). Which of the following activities would the company most likely have been involved in during the stage of Globalization 2.0?
- Relaxicab would have restricted all its business activities to its home country.
- It would have ventured into foreign markets essentially by exporting goods.
- Relaxicab would have organized itself as a global collaboration network with the help of internet technologies.
- It would have increased its local responsiveness to country-specific circumstances by duplicating business functions overseas.
The activity that the company most likely have been involved in during the stage of Globalization 2.0 is: It would have increased its local responsiveness to country-specific circumstances by duplicating business functions overseas.
What is globalization?The term "globalization" refers to the increasing interdependence of the economies, cultures, and populations throughout the world as a result of technology, cross-border trade in goods and services, and flows of capital, labor, and information.
Globalization is the quickening of worldwide movements and exchanges (of people, things, and services, money, technologies, or cultural norms). Globalization encourages and boosts interactions between various communities and locations around the world, which is one of its consequences.
The organization would have strengthened its local response to country-specific circumstances by duplicating corporate functions overseas. This activity would have taken place during the stage of globalization 2.0.
Read more on globalization here: https://brainly.com/question/25499191
#SPJ1
the 25 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay for:
The 25 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay for: C. medical coverage for one person in the other car.
What is medical coverage?Medical coverage can be defined as a health insurance coverage that help to cover the medical cost or medical expense of those that enroll for the plan.
The 25 in a 50/100/25 split limit policy tend to means the highest amount the policy will pay for medical coverage for one person in the other car.
Therefore the correct option is C.
Learn more about medical coverage here:https://brainly.com/question/1941778
#SPJ1
The complete question is:
The 50 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay in:
property damage.
medical coverage for those in your car.
medical coverage for everyone in the other car.
medical coverage for one person in the other car.
the historical discount rate of the firm may be a good indicator of the appropriate discount rate to apply to the firm in the future, when all of the following conditions hold true except:
The discount rate is used to discount the future cash flows of a stock must be the equity cost of capital for the stock.
What is the discount rate's mathematical formula?The two basic formulas for calculating the discount rate are the weighted average cost of capital (WACC) and the adjusted present value (APV). The WACC discount formula is: WACC = E/V x Ce + D/V x Cd x, whereas the APV discount formula is: APV = NPV + PV of the impact of financing (1-T).
What does the discount rate for NPV imply?Either the cost of borrowing money or the anticipated rate of return for investors. If shareholders expect a return of 12%, the company will use that rate to calculate NPV. If the company pays 4% interest on its debt, it is permitted to use 4% as the discount rate.
To know more about Discount Rate visit:
https://brainly.com/question/13660799
#SPJ4
a gas station operates in a monopolistically competitive market and is in short run equilibrium. suppose that a fixed cost for this firm decreases. as a result, the firm's price will ______, the firm's output will ______, and the firm's economic profit will ______.
stay the same
stay the same
increase
The firm's price will stay the same, the firm's output will stay the same, and the firm's economic profit will increase.
What are the parameters of a monopolistically competitive firm's short-run equilibrium?A monopolistically competitive firm's short-term equilibrium is the same as a monopoly firm's. The company produces a good or service at a price where marginal revenue and marginal cost are equal, and it bases its price on the demand curve.
What is meant by economic profit?The difference between the proceeds from the sale of a product and the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss. Opportunity expenses and explicit costs are subtracted from earned revenues to determine economic profit.
To know more about short-term equilibrium, visit:
brainly.com/question/26000808
#SPJ4
are investment funds controlled by governments and funded from national reserves, pension funds, and other monies owned by the government.
Sovereign wealth fund controlled by governments and funded from national reserves, pension funds, and other monies owned by the government. A fund can be created for a variety of objectives.
Such as the construction of a new civic centre by the municipal government, the awarding of scholarships at a college, or the payment of customer claims by an insurance company. This refers to the funds set aside for a specific government. Both actual money and financial planning are involved. There are numerous funds, including emergency, education, retirement, and pension funds. There is no distinguishing factor between the two in terms of finance and finances.
To learn more about fund, click here.
https://brainly.com/question/15444609
#SPJ4
this health insurance provision lets your insurer make direct payments to your doctor or hospital.
A feature of health insurance known as assigned benefits enables your insurer to provide cash payments directly to your doctor or hospital.
An assignment under an insurance policy is exactly what?When a policy is assigned, it becomes legally enforceable for the new owner. The insurance may be transferred to a different party upon written request from the current owner.
The term "assignment of the policy" refers to the passing of ownership, rights, and obligations from the policyholder to another individual or organization. The party taking part in the assignment or transfer is referred to as the assignor, and the person or organization receiving the insurance is known as the assignee.
How does benefit assignment work?An assignment of benefits occurs when a patient authorizes his health insurance provider to make direct payments to his physician or hospital.
Learn more about health insurance: https://brainly.com/question/28580013
#SPJ4
 Which of the following best describes how each share of par value stock issued is reported in the Common Stock account? Multiple Choice Lower of cost or market O ) Current market value O Average issue price O O Par or stated value Which of the following describes, in part, how the declaration of a stock dividend affects the elements of the financial statements? Multiple Choice Decreases paid-in capital in excess of par value-common Decreases total assets o no effect on total No effect on total stockholders' equity o oo Increases total stockholders' equity How does the payment of a previously declared cash dividend affect the elements of the financial statements? Multiple Choice None of these answer choices are correct. Increases liabilities and decreases stockholders' equity o Decreases liabilities and increases stockholders' equity oo Decreases assets and stockholders' equity
A common stock account is a general ledger that records the par value of all common stock issued by a company. If these shares are sold for more than their par value, the excess amount will be posted separately to an additional deposit account.
At issuance, common stock is recorded at par and any amount received in excess of par is recorded in the account as equity in excess of par. If spent on assets or services instead of cash, recognition is based on the fair value of the shares given.
Equity refers to the assets remaining in the company after all liabilities have been settled. This figure is calculated by subtracting total liabilities from total assets. Alternatively, it can be calculated by subtracting treasury shares from the sum of share capital and retained earnings.
To learn about stock here
https://brainly.com/question/25818989
#SPJ 4
five of eight internally reported operating segments of rollins company qualify under the standards set by asc 280 for segment reporting. however, the five identified segments do not meet the 75 percent revenue test. asc 280 prescribes that management:
A public corporation must comply with ASC 280 by disclosing the elements that management believes are most important in selecting its reportable segments.
Which essential feature, according to ASC 280, characterizes an operational segment?An operating segment is described by ASC 280-10-50-1 as "a part of a public corporation that possesses all of the following characteristics: It conducts business activities through which it might generate income and pay expenses (including revenues and expenses relating to transactions with other components of the same public entity).
What management strategy is used to determine operating segments?In general, IFRS 8 uses a management approach to identify operating segments, with the goal of letting users view a company from management's perspective.
To know more about ASC 280 visit:-
https://brainly.com/question/24303578
#SPJ4
the president of your small company wants to better understand the basis on which you select your promotion mix. you indicate that the selection of promotion-mix ingredients and the degree to which they are used depend on all of the following except the .
If the president of your small company wants to better understand the basis on which you select your promotion mix. you indicate that the selection of promotion-mix ingredients and the degree to which they are used depend on all of the following except the: d. personal preferences of the marketers.
What is promotion mix?Promotion mix can be defined as the way in companies tend to make use of variety of promotion techniques or strategies so as to achieve their goals which is to draw customers to their product.
Chosen promotion-mix ingredients and the degree to which they are used depend the following
Organizational resources.Nature of the target market.Characteristics of the product.Most promotion companies tend to put the above into consideration when selecting their promotion mix.
Therefore the correct option is D.
Learn more about promotion mix here:https://brainly.com/question/28395764
#SPJ1
The complete question is:
The president of your small company wants to better understand the basis on which you select yourpromotion mix. You indicate that the selection of promotion-mix ingredients and the degree to whichthey are used depend on all of the followingexceptthe
a.organizational resources.
b.nature of the target market.
c.characteristics of the product.
d.personal preferences of the marketers.
___ are financial instruments, traded on established exchanges, that specify future payments a company promises to make in exchange for receiving a sum of money now. (enter one word per blank.)
Bonds are financial instruments that a firm promises to make in exchange for getting a sum of money now. They are traded on recognized exchanges.
How do bonds function?I bonds start earning interest on the first of the month after you purchase them. Every six months, we add the bond's interest earnings to its principal value, which is done twice a year. The bond now has a new value (old value plus interest received).
Bonds: Are they a wise investment?Bond rates have significantly grown, giving investors the chance to make a respectable living. By the end of 2023, inflation is projected to reach around 3.5%, and U.S. Treasuries with a 10-year maturity are currently earning more than that. Their adjusted, or "actual," yield could therefore become positive.
To learn more about Bonds visit:
https://brainly.com/question/29344176
#SPJ4
The fed's actions do not change aggregate demand by any guaranteed amount, because it is not known __________
Due to the uncertainty surrounding the precise magnitude of M1 and M2 changes in reaction to changes in the monetary base, the Fed's actions have no assured effect on aggregate demand.
What are the Fed's top three activities?The Federal Reserve, also known as the Fed, is the most influential economic organization in the United States and possibly the entire world. Setting interest rates, controlling the money supply, and overseeing the financial system are some of its main functions.
What are the three things the Fed could do to help the economy?In order to control the money supply and promote stable economic growth, the Fed primarily employs three instruments. The instruments are: (1) reserve needs; (2) discount rate; and (3) open market transactions. Each of these has a unique effect on the money supply and has the ability to either increase or decrease the size of the economy.
To know more about fed's actions visit:
https://brainly.com/question/14315594
#SPJ4
the company has its camera and drone assembly facilities in: a)Thailand b)South Korea c) the United Statesd)Japan e)Taiwan
The business enterprise has its digital digicam and drone meeting centers in e)Taiwan.
The required details about Taiwan is mentioned in below paragraph.
Taiwan is famous for generating some specific things. Most well-known of all are its electronics and their components. These Taiwanese merchandise aren't arbitrarily well-known – they make up a large part of Taiwan’s exports and that they run the gamut of the entirety electric, from flat screensto contact screens, microchips to optical drives, etc.No rely what logo or sort of laptop you’re analyzing this on, the probabilities are overwhelming that a few part, or most, of what’s interior of it was made in Taiwan. The island of Formosa is the world’s biggest unmarried laptop chip producer, and that they made high-quality breakthroughs in contact display era that has spurred the cellphone revolution.
To learn about Taiwan visit here.
https://brainly.com/question/22277079
#SPJ1
Knowing that men and women communicate differently, which of the following statements would be more likely true for men?
a)They boast about achievements.
B)They mention "we" or "you" in a conversation with a coworker.
C)They use positive overlaps such as "I agree."
D)They decipher nonverbal cues accurately.
E)They provide more information than needed.
One of the following assertions would be more likely accurate for men: they brag about accomplishments.
Why do women speak differently than men?Because of the differences in the wiring of the sexes' brains, women communicate better than males. While the male brain is better suited to mathematical and visual-spatial activities, the female brain excels at verbal ones. Men prefer action to words, whereas women like speaking.
How do communication styles between men and women naturally differ?Men typically speak in a "report" manner, which refers to discourse that is factual, analytical, and problem-solving in nature. They frequently omit stories or personal details. They frequently attempt to control a conversation as well. Women tend to utilize a "rapport" style that focuses on developing relationships.
To know more about Men communication visit:-
https://brainly.com/question/2609359
#SPJ4
the is a form of organization that delivers goods and services at the lowest cost through specialization of jobs, close supervision of employees, and uniform regulations and procedures.
Bureaucracy is a form of organization that delivers goods and services at the lowest cost through specialization of jobs, close supervision of employees, and uniform regulations and procedures.
Both an administrative policy-making body and a group of non-elected government officials are referred to as bureaucracies. A bureaucracy, historically, was a form of government administration where departments were run by non-elected people. Today, bureaucracy is the administrative framework that governs all significant institutions, whether they are privately or publicly controlled. Bureaucracy is exemplified by the public administration in many jurisdictions and sub-jurisdictions, but it may also be seen in any institution with a centralized hierarchical structure, such as hospitals, academic institutions, commercial businesses, professional societies, social clubs, etc. Bureaucracy faces two main problems. Whether bureaucrats should be independent or directly answerable to their political overlords is the first conundrum.
Learn more about Bureaucracy from
brainly.com/question/23943874
#SPJ4
Roy leaves his pick-up truck at Sam's Auto service for an oil change. This is a: A. Bailment for the sole benefit of the bailor B. Bailment for the sole benefit of the bailee C. Mutual benefit bailment D. Not a bailment
Roy leaves his pick-up truck at Sam's Auto service for an oil change. This is a mutual benefit bailment.
A unilateral benefit bailment occurs when either the bailor or bailee benefits from the bailment while the other party does not. This situation may arise as a result of a gift or favor given by one party to the other.
A mutual-benefit bailment benefits both the bailor and the bailee. In general, a mutual benefit bailment is an enforceable contract because there is an exchange of value that drives the relationship.
The bailee has the right to possess the bailed item, to use it, to compensation, and may be entitled right to limited personal liability as well as indemnification even by bailor for potential liability arising from of the bailee carrying out her duties.
To know more about the Bailment, here
https://brainly.com/question/14462162
#SPJ4
miranda is in school learning to be a welder. she spends long hours studying (and drinking coffee) and long hours practicing in the hot, dirty shop (and therefore takes frequent showers). miranda has $70.00 per month to spend on the soap and coffee she needs to function properly. in the accompanying graph, move the bc line to correctly depict miranda's budget constraint, assuming the soap costs $3.50 per bottle, and the coffee costs $14.00 per pound. if a point will not go where you want to put it, try placing the other endpoint there. then choose the best description of the lettered points according to whether they describe baskets of goods that are unaffordable, affordable and exhaust miranda's budget, or affordable with money left over.
Price of soap=3.5
Price of coffee=14
Income=70
Soap bought=0
Coffee bought=70/14=5
Coffee bought =0
Soap bought=70/3.5=20
coffee is a drink prepared from roasted coffee beans. Darkly colored, bitter, and slightly acidic, espresso has a stimulating impact on humans, in general, due to its caffeine content material. it is the most popular warm drink in the world. Seeds of the Coffea plant's culmination are separated to produce unroasted green coffee beans. The beans are roasted and then floor into exceptional particles that are typically steeped in warm water before being filtered out, producing a cup of espresso. it also includes served warm, although chilled or iced espresso is common.
Learn more about culmination here
https://brainly.com/question/8973358
#SPJ4
Inaccurate forecasts can result in negative outcomes like: O High inventory costs and increased profits O Low inventory costs and stockouts O Imbalances in supply and demand O Material shortages and decreased costs of obsolescence
Inaccurate forecasts can result in negative outcomes like Imbalances in supply and demand. Thus the correct option is C.
What is the Outcome?Any topic's outcome gives information about the subject, including the major point, which aids the reader in evaluating the topic's advantages and disadvantages and formulating a conclusion as a result.
The availability of the desired item on the market is referred to as supply. If the supply of the requested commodities is not met, there is scarcity, which is brought on by an imbalance between supply and demand as a result of poor forecasting.
Inaccurate forecasting might result in poor judgments that harm your business rather than support your development strategies.
Therefore, option C is appropriate.
Learn more about Demand, here:
https://brainly.com/question/10489478
#SPJ1
In the following expression, the variable truckweight has the value 70000 and the variable weightlimit has the value 80000. truckweight < weightlimit what value does the expression evaluate to?
a. 70000
b. 80000
c. true
d. false
In the following expression, the variable truck weight has the true value does the expression evaluate. Thus, option (C) is correct.
What is the value?Values are the benchmarks or ideals by which we judge the acts, traits, possessions, or circumstances of others. Values that are embraced by many include those of beauty, honesty, justice, peace, and charity. Values are the benchmarks or ideals by which we judge the acts, traits, possessions, or circumstances of others. Values that are embraced by many include those of beauty, honesty, justice, peace, and charity.
Life values are the essential core beliefs that direct your actions and objectives as well as assist you in determining your level of overall success in life. For many people, values start early in life as their parents instill in them some of what they consider to be the most crucial principles.
Therefore, Thus, option (C) is correct.
Learn more about value here:
https://brainly.com/question/10416781
#SPJ1
Which of the following is a major reason why businesses fail financially?
Undercapitalization is a major reason why businesses fail financially.
What is undercapitalization?When a company lacks sufficient capital to conduct normal business operations and pay creditors, it is said to be undercapitalized. This can happen if the company does not generate enough cash flow or is unable to obtain forms of financing such as debt or equity.
Undercapitalized businesses do not have enough capital to pay their creditors and must frequently borrow more money. If a company is unable to generate capital over time, its chances of bankruptcy rise as it loses the ability to service its debts.
Therefore, undercapitalization can lead to a business failing financially .
To learn more about undercapitalization, click here:
https://brainly.com/question/29519267
#SPJ1
Your question is incomplete, the complete question was
which is a major reason why businesses fail financial?
undercapitalization, undervalued stock , poor use of marketing mix , expense controls are too rigid.
if a company reports a net loss it means
Answer: Negative net profit
Explanation:
A net loss occurs when the sum total of expenses exceeds the total income or revenue generated by a business, project, transaction, or investment.
Answer: Negative net profit
Explanation:
abe's steakhouse is the largest upscale steakhouse company in the united states, based on total company- and franchisee-owned restaurants. the company's menu features a broad selection of high-quality steaks and other premium offerings. assume the information below is from a recent annual report: common stock, $0.01 par value; 100,030,000 shares authorized; 23,563,356 issued and outstanding at the end of the current year; 23,375,356 issued and outstanding at the end of last year. additional paid-in capital: $199,389,000 at the end of the current year and $170,431,000 at the end of last year. accumulated deficit: ($82,097,000) at the end of last year. in the current year, net income was $54,383,000 and a cash dividend of $7,138,000 was paid.
Equity held by shareholders refers to the sum that a company's founders have contributed to the enterprise. This covers the funds they have directly invested as well as the total amount of profits the business has generated and reinvested since its establishment.
The total assets less the total liabilities of the company can also be used to determine the shareholders' equity. The account shows what the company did with the profits and money it earned throughout the time period.
Indicating whether a corporation chooses to distribute profits as dividends to shareholders or reinvest them back into the business, it also indicates the dividend policy of the organisation. Common shares, preferred shares, and retained earnings make up the three components of shareholders' equity on the balance sheet.
The balance sheet treatement for shareholder's equity is attached as an image for the question asked.
Learn more about Shareholder's Equity here: https://brainly.com/question/14032844
#SPJ4
Disclaimer: Your question is incomplete. Please write the complete question by looking over the internet.
Which Agile Team event supports relentless improvement?
• Iteration Retrospective *
• Backlog refinement
• Iteration Planning
• Iteration Review
A Product Manager is working for an insurance company and is responsible for the internal systems used for managing claims. This is an example of what kind of Value Stream?
• Development Value Stream *
• Operational Value Stream
• Customer journey Value Stream
• Claims processing Value Stream
Which function is responsible for ensuring that the Agile Release Train has the content needed to successfully engage in Program Increment Planning?
• Release Train Engineer *
• Lean-Agile Center of Excellence
• Product Owner
• Product Management
What is the purpose of Iteration Goals?
• To align the team members and the Product Owner (PO) to the mission
• To ensure the team accomplishes all the committed Stories each Iteration *
• To provide the baseline required for measuring the team's performance
• To hold the team accountable to their goal
An Agile Release Train (ART) has implemented a completely automated Continuous Integration/Continuous Delivery (CI/CD) pipeline that can deploy code as it is checked into the source-code repository. How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value?
• Identify Stories that are cleared for automatic delivery during Iteration Planning
• Release Stories that have been included in the team demo
• Review and accept Stories as they are completed
• Implement Feature toggles to control which Stories are released *
I put an asterisk next to the choices I think it is. Thanks for your help.
1. The Agile Team event supporting relentless improvement is A. Iteration Retrospective because it enables Agile Team members to discuss Iteration results, review practices, and identify improvements.
2. When a Product Manager works for an insurance company and is responsible for the internal systems for managing claims, it shows an example of B. Operational Value Stream.
3. 3. The function responsible for ensuring that the Agile Release Train has the content to engage successfully in Program Increment Planning is D. Product Management because they work with customers and Product Owners to understand, communicate and participate in solution validation.
4. The purpose of Iteration Goals is A. To align the team members and the Product Owner (PO) to the mission, ensuring agreement on the intended business value, team objectives, and shared purpose.
5. A Product Owner (PO) might adjust team events by A. identifying stories that are cleared for automatic delivery during Iteration Planning.
What is an Agile Team?An Agile Team (a scrum team) consists of the product owner, the scrum master, and the development team members.
In forming an Agile Team, employees, contractors, or freelancers can be selected and made responsible and wholly dedicated to executing the Agile project without any obligations to other projects.
Learn more about Agile Teams at https://brainly.com/question/29552805
#SPJ1
Trader wants to hedge a long stock position from short term downside risk. Which strategy best aligns to this goal? o Long straddle o Long strangle o Collar o Long call
The collar is the strategy that best aligns to this goal if Trader wants to hedge a long stock position from short term downside risk. Option C.
What is the collar in business?A collar strategy, also known as a hedge wrapper, enables an investor to lock in the investment's maximum gain and maximum loss. By buying shares, protective (out-of-the-money) puts, and simultaneously selling an out-of-the-money call option, an investor can build a collar.
A collar is an options strategy that comprises selling an upward call and purchasing a downside put and is used to limit significant upside gains while limiting large losses.
Read more on stock position here: https://brainly.com/question/1193187
#SPJ1
steven and paul sign a contract whereby paul promises to wash steven's car once a week for $80 per month. the terms on the back of the contract were in very small print, contained excessive legalese, and required paul to also cook dinner for steven every day, do his laundry, and clean his apartment. paul later takes another look at the contract involving work for steven and tells steven that the contract is outrageous. which of the following would be a possible defense to steven's and paul's contract involving chores based upon the size of the print and excessive legalese on the back of the contract?
Steven's and paul's an agreement that establishes, clarifies, and governs the rights and obligations of two or more parties is known as a contract.
A contract usually entails the transfer of products, services, money, or a promise to transfer any of those at a later time. In the event of a contract violation, the harmed party may pursue legal remedies including damages or revocation. The concept that agreements must be upheld is the foundation of contract law, a branch of the law of obligations that deals with contracts.
Like other spheres of private law, contract law varies from one country to the next. Common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which incorporate features of both common and civil law are the three main categories into which the various systems of contract law can be broadly divided.
To know more about Contract visit:
https://brainly.com/question/16959740
#SPJ4
insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is a(n) ________blank that consumers don’t normally think about much.
Insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is an unsought product that consumers don't normally think about much.
What are unsought products?Although a buyer may feel pressured into purchasing a product they do not want, unsought commodities are frequently bought under certain circumstances, so a marketing strategy that harasses consumers into purchasing the product will be seen as immoral. A notable example of an unasked-for good is funeral services.
Unsought goods are those that consumers are unaware of or hardly ever think about purchasing and whose acquisition is motivated by a combination of risk or worry about harm and lack of desire. Examples of well-known but unpopular things are funeral services, encyclopedias, fire extinguishers, and reference books.
To learn more about unsought product, visit:
https://brainly.com/question/15124028
#SPJ1
ajax manufacturing produces a single product, which takes 8.0 pounds of direct material per unit produced. the company's policy is to maintain an end-of-quarter inventory of materials equal to 25 percent of the following quarter's material requirements for production. assume it is currently end of the first quarter of the new year, and that at the end of the prior 4th quarter, there were 76,000 pounds of material on hand.
a. Product produced 38000 units
b. Direct materials requirements 334400 lbs.
Define direct materials costThe total cost of all raw materials (also known as productive materials, raw materials, raw stock, and stocks), as well as specialized parts and sub-assemblies, utilized in the manufacturing process is divided by the number of units produced to arrive at the direct materials cost (DM) per unit.
Given:
One unit of a product takes 8.0 pounds of direct materials to produce
Each quarter has closing inventory of direct materials enough to produce 25% of planned production.
Therefore if 76,000 pounds of material is the closing inventory of previous quarter, it is equal to produce 25% of planned production this quarter.
Units of product planned for production = (closing inventory of materials / 8 pounds per material) /25%
Implies, the product produced in Q1 is:
Product produced = (ending inventory of materials / 8 pounds) /25%
= (76,000/8) /25% = 38000
38,000 units were planned to be produced in Q1 of new year.
If the production increases by 10% in the 2nd quarter, the planned production for Q2 is:
planned production for Q2
= Produced produced + produced produced × 10%
= 38,000 + 38,000 × 10%
= 41800
The direct material to produce the above quantity is:
Direct material required for Q2
= planned production for Q2 × 8 pounds per unit
= 41800 × 8 = 334400
To learn more about direct materials cost, visit:
https://brainly.com/question/14671852
#SPJ1
The complete question is:
Ajax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unit produced. The company's policy is to maintain an end-of-quarter inventory of materials equal to 25 percent of the following quarter's material requirements for production. Assume that it is currently at the end of the first quarter of the new year, and there were 76,000 pounds of material on hand.
a. How many units of product were produced in the first quarter of the year?
b. Under the assumption that production will increase by 10 percent in the second quarter, what are the direct materials requirements (in pounds) for planned production in the second quarter?
a. Product produced units
b. Direct materials requirements lbs.
an employer agrees to pay $15,500 for medical insurance and contribute an additional 3% of the employees' $155,000 gross salaries to a retirement program. the entry to record these accrued benefits is: multiple choice credit to employee benefits expense $15,500. debit to payroll taxes expense $20,150. debit to employee retirement program payable $4,650. debit to medical insurance payable $15,500. debit to employee benefits expense $20,150.
Debit to Employee Benefits Expense $20,150.
When an employer pays for an employee's accident or health insurance the employer's payment is not wages and is not subject to Social Security Medicare and FUTA taxes or federal income tax withholding. Employer contributions do not have to be the same for singles and families and often are not.
When it comes to national averages employers typically pay an individual worker about 82% of their premiums and family members 70% of their premiums. Many health plans require patients to pay for a portion of the services they receive. This payment is called "co-insurance" and is usually a small percentage of service costs after the plan pays out the benefits. If the plan covers 70% of the cost the patient pays 30% of the cost.
Learn more about The employees here:- https://brainly.com/question/1190099
#SPJ4
