lisa hired jay in the spring, as she had for many years, to set out in beds the flowers lisa had grown in her greenhouses during the winter. the work was to be done in lisa's absence for $300. jay became ill the day after lisa departed and requested his friend, curtis, to set out the flowers, promising to pay curtis $250 when jay received his payment. curtis agreed. on completion of the planting, an agent of lisa's, who had authority to dispense the money, paid jay, and jay paid curtis. within two days, it became obvious that the planting was a disaster. because he did not operate lisa's automatic watering system properly, everything set out by curtis died of water rot. may lisa recover damages from curtis? may lisa recover damages from jay, and, if so, does jay have an action against curtis?

Answers

Answer 1

No, Lisa will not be able to recover damages from Curtis.

What is the recovery of damages?

Recovery of damages is the process of obtaining compensation for the harm that has been caused by another person or entity. This can be done through a variety of methods including civil lawsuits, criminal prosecutions, insurance claims, or other forms of dispute resolution. Damages can include financial losses, physical injuries, emotional distress, and property damage. The goal of recovery of damages is to make the injured party “whole” again, meaning that they receive compensation for the losses they have suffered.

No, Lisa may not recover damages from Curtis. Curtis was doing the work on behalf of Jay and was not hired directly by Lisa. Lisa may recover damages from Jay since he was the one who hired Curtis and is responsible for the quality of the work. Jay may have an action against Curtis if Curtis did not fulfill the terms of the agreement between them.

It can be concluded that Lisa will not be able to recover damages from Curtis.

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Related Questions

which normative theory of business ethics would tjx have displayed if it had informed customers as soon as the breach was corrected and told other retailers how to prevent future security breaches?

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Social Contract theory of business ethics would tjx have displayed if it had informed customers as soon as the breach was corrected and told other retailers how to prevent future security breaches.

Social contract theory says that human beings stay collectively in society according with an agreement that establishes ethical and political policies of conduct. some people trust that if we stay consistent with a social contract, we will stay morally by using our very own desire and now not due to the fact a divine being requires it.

In moral and political philosophy, the social contract is a theory or version that originated at some stage in the Age of Enlightenment and normally, despite the fact that no longer usually, worries the legitimacy of the authority of the nation over the man or woman.

The goal of a social agreement principle is to reveal that participants of some society have cause to propose and follow the essential social guidelines, legal guidelines, institutions, and/or concepts of that society.

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the collection which represents all possible risk-return combinations which can be created from portfolios comprised of two individual assets is called the:

Answers

A combination that can be created from a portfolio consisting of two individual assets is called an investment opportunity.

What are the two components of portfolio risk?

Portfolio risk consists of two components: systemic risk and diversified risk. Systemic risk, also known as systemic risk, is risk that affects all assets, such as: B. General economic conditions and thus systemic risk are not mitigated by diversification.

How is the portfolio's expected portfolio return structured?

The basic formula for calculating expected return is to multiply the weight of each asset in the portfolio by the expected return and then add all these numbers together. In other words, the expected return of a portfolio is the weighted average of the individual component returns.

What is a portfolio, its return and risk?

Portfolio return refers to the realized gain or loss in an investment portfolio that includes multiple types of investments. Portfolios aim to provide returns based on the stated objectives of the investment strategy and the risk tolerance of the type of investor the portfolio is intended for

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what type of tariff is applied to an import, with the purpose of raising money for the federal government?

Answers

Type of tariff that is applied to an import, with the purpose of raising money for the federal government is revenue tariff.

What is the revenue tariff?

As governments need huge resources to achieve their goals, they have to look for revenue from various sources. Governments operate public agencies to carry out a wide range of activities that are believed to improve the welfare of the population.Investments in infrastructure, human resources and numerous materials and services are required, so citizens and businesses are obliged to finance them. All taxes provide revenue, but some are specifically designed and implemented for this purpose. The common revenue tariff is a tax on imported goods in the form of a valorem tariff.

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two wheeler dealer had sales totaling $198,464 last year. the cost of the goods sold was $177,228. expenses totaled $60,905. what was the net profit margin for the year?

Answers

The net profit margin for the two wheeler dealer in this question would be 30.45%.

How to find net profit margin ?

Net profit margin is a financial ratio that reflects the percentage of total sales that represents the profit after all expenses have been subtracted. It is calculated by dividing the net profit (total sales minus all expenses) by the total sales for a given period of time, such as a year or quarter.

To find the net profit margin for the two wheeler dealer in this example, you can use the following formula:

Net profit margin = (Total sales - Cost of goods sold - Expenses) / Total sales

Plugging in the values given in the problem, we get:

Net profit margin = ($198,464 - $177,228 - $60,905) / $198,464

This simplifies to:

Net profit margin = ($60,331) / $198,464

Which is equal to:

Net profit margin = 0.3045 or 30.45%

So the net profit margin for the two wheeler dealer in this example would be 30.45%. This means that 30.45% of the total sales represents the profit after all expenses have been subtracted.

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in the late 1970's, nike ran up against an out-of-date law that almost bankrupt the company. what was the name of that law used throughout the book shoe dog?

Answers

This same name of something like the lord that was utilized all through the book shoe dog was American selling price.

What exactly do you mean by "company"?

A corporation is a legal entity created by a group of people to interact in and operate a commercial or industrial enterprise. Guess it depends on the business law of its jurisdiction, a company can be organized in a variety of ways for tax and current burden purposes.

Why is this company significant?

It promotes collaboration among coworkers in businesses by using tools such as sharing files. It enhances communication. By letting your business to schedule essential deadlines as well as meetings on your online meeting and communicate that information in bulk, technology reduces stress.

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you have $17,800 to invest and would like to create a portfolio with an expected return of 11.15 percent. you can invest in stock k with an expected return of 10.2 percent and stock l with an expected return of 13.8 percent. how much will you invest in stock k?

Answers

Having $17,800 to invest and to create a portfolio with an expected return of 11.15 percent. The amount to be invested in stock K with an expected return of 10.2 percent  is $13,102.78.

Give a brief account on portfolio investment.

Stocks, corporate and governmental bonds, real estate investment trusts (REITs), mutual funds, exchange-traded funds (ETFs), and bank certificates of deposit are just a few of the asset classes that fall under the umbrella phrase "portfolio investments." Owning a stock, bond, or other financial instrument as part of a portfolio involves the hope that it will generate income, increase in value over time, or both. In contrast to direct investment, which requires an active management role, it comprises hands-off or passive ownership of assets.

There are two broad categories of portfolio investments:

Purchasing financial assets with the goal of keeping onto them for a long period and doing so because of their long-term growth potential, income yield, or both, is known as strategic investment.In order to achieve short-term gains, the tactical strategy necessitates active buying and selling activity.

To solve the question.

The solution is attached below.

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The complete question is mentioned below :

You have $17,800 to invest and would like to create a portfolio with an expected return of 11.15 percent. you can invest in stock k with an expected return of 10.2 percent and stock l with an expected return of 13.8 percent. how much will you invest in stock k?

Multiple Choice

$6,262.96

$4,110.07

$13,102.78

$12,010.88

$4,697.22

the choices that a firm has for entering the international market include all of the following except: a. exporting. b. acquisition. c. licensing. d. leasing.

Answers

The alternatives that a company has for getting into the worldwide marketplace consist of all the following except:d. leasing.

The required details about leasing is mentioned in below paragraph.

A leasing  is a legal, binding agreement outlining the phrases beneathneath which one celebration concurs to hire assets owned with the aid of using any other celebration. It ensures the tenant or lessee use of the assets and ensures the assets proprietor or landlord normal bills for a unique length in exchangeLease accounting is the method with the aid of using which a organisation data the economic affects of its leasing activities. leasing  that meet particular class necessities ought to be recorded on a organisation's economic statements.Leasing is a manner of renting an asset that the enterprise requires, which include a espresso machine. Monthly bills are made and the leasing organisation is liable for the supply and protection of the leased item.

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by analyzing the income statement, what amount of money is left over at the end of the year from the business once everything is accounted for?

Answers

The amount of profit your business has remaining after all costs have been met is known as net income. Total revenue here refers to all money made from selling goods or services.

What is included in the financial statements?

The revenues, expenses, and profitability of a company are shown on a net income over time. It is also frequently referred to as an income (P&L) or financial report. Your sales revenue for products and services is shown.

What are an example of an income statement?

An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. The balance sheet and income statement

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an internet provider has been the only one available in the county for many years. a small startup has recently opened, offering customers internet at a much lower rate. the original internet provider buys the building that is being rented by the startup and raises their rent to an unfair amount. this makes it impossible for the startup to stay in business. if brought to the attention of authorities, what kind of crime would the company most likely be accused of? question 32 options: false advertising restraint of trade price fixing fraud

Answers

If brought to the attention of authorities restraint of trade would the company most likely be accused of.

Which of the following would constitute a professional occupational crime?

Despite the fact that there are many different criminal behaviors that can be classified as occupational crimes, white collar crimes including embezzlement, money laundering, tax fraud, and the exploitation of corporate data or assets are the most prevalent.

This would include stealing business property or submitting fake expense claims. These are professional criminal acts committed in the course of their profession. For instance, a physician or psychologist may overcharge an insurance provider in order to increase their revenues.

Here are several precautions that business owners can take. The three main types of occupational fraud are misappropriation of assets, corruption, and financial statement fraud. Occupational fraud is sometimes referred to as workplace fraud, internal fraud, or employee fraud.

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The Federal Reserve is worried about rising prices, so it has decided to decrease the money supply. The government wants to encourage economic growth, so it has decided to cut taxes. This situation shows that the Federal Reserve and the government can have _____ goals.

Answers

The Federal Reserve has chosen to reduce the amount of money in circulation because it is concerned about growing prices. The administration has chosen to reduce taxes in order to promote economic growth. This instance demonstrates how the objectives of the Federal Reserve and the state can diverge.

What is Economic growth?

The rise or improvement in the market value of the commodities and services generated by an economy within a fiscal year is referred to as economic growth. Statisticians typically gauge this growth as a percentage rate of growth in the real GDP, or gross domestic product.

To remove the distorting influence of inflation on the prices of produced items, growth is typically calculated in real terms, i.e., terms adjusted for inflation. National income accounting is used to calculate economic growth. The benefits and downsides of that approach are present since economic growth is calculated as the annual percent change of GDP. Utilizing the GDP to population ratio, it is common practice to compare the economic growth rates of various nations.

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When a company is looking for growth opportunities, which of these steps should it take first?

a. Consider whether it could gain more market share with its current products in their current markets using a marketpenetration strategy
b. Consider considers whether it can find or develop new markets for its current products using a market-development strategy
c. Consider whether it can develop new products for its current markets with a product-development strategy
d. Consider whether it should develop new products for new markets through a diversification strategy Consider whether it should strengthen its brands by consolidating diverse product lines

Answers

When a company is looking for growth opportunities, which of these steps should it take first b. Consider considers whether it can find or develop new markets for its current products using a market-development strategy.

market development strategy is a increase strategy put in area with the aid of groups or companies to introduce their product or technique to target audiences they've no longer yet reached or aren't yet currently serving.

for example, permit’s say your software corporation has a brand new product offering available.

so one can come up with a marketplace improvement method, you need to research who the brand new product would paintings great for, and the quality manner to goal them — that, in a nutshell, could be your marketplace development method. There are numerous factors to don't forget when figuring out in case your organization is ready to broaden a new marketplace development approach to your product.

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fully grown parent cells split into two halves resulting in two daughter cells with the exact dna as the parent.

Answers

Binary fission involves the division of the parent organism into two halves.

What precisely is binary fission?

Binary fission is asexual reproduction in which the organism is divided into two new bodies. An organism copies its genetic material, or deoxyribonucleic acid (DNA), in the process of binary fission, and separates into two pieces (cytokinesis), with each new organism acquiring one copy of DNA.

What is a fission example?

In the fission process, energy is produced by dissolving large atoms, like uranium, into smaller atoms, like iodine, caesium, strontium, xenon, and barium, to mention a few. To create the heavier helium, fusion combines light atoms, such as the deuterium and tritium isotopes of hydrogen.

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according to dr. jay nunamaker, regents professor and founding chair, uofa mis dept., what do mis/oscm (management information systems / operations and supply chain management) professionals really do?

Answers

Professionals really do is store, organize and analyze information and solving real problems.

What are the main purposes of using MIS in an organization?To assess, create, implement, and manage computerized information systems in an organizational setting, management information systems (MIS) blends computer technology with managerial decision-making techniques.The three processes that an information system uses to create the information an organization needs are input, processing, and output.MIS also refers to computer software that is used to store, organise, and analyze information in addition to being a department inside a firm. Systems for managing information are used to monitor sales, inventories, equipment, and other business-related data.Process control, office automation, enterprise resource planning, financial systems, and management reporting are some further examples of management information systems used in an organization.

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what compliance regulation is similar to the european union (eu) general data protection regulation (gdpr) of 2016 and focuses on individual privacy and rights of data owners?

Answers

This regulation is called the EU General Data Protection Regulation or GDPR, and is aimed at guiding and regulating the way companies across the world will handle their customers' personal information and creating strengthened and unified data protection for all individuals within the EU.

What do you mean by privacy?

Because privacy provides us the freedom to decide who to share our thoughts and feelings with, it is crucial. Our information is protected by privacy if we don't want it made public (such as health or personal finances). Protecting our physical safety through privacy (if our real time location data is private).Commonly, privacy is viewed as a private good, with my personal information being mine to safeguard and manage and yours being yours. This understanding of privacy leaves out a crucial element of the policy issue. A person who handles data carelessly exposes vast information about both herself and other people.

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assume that each of the following individuals has a diagnosis of bulimia nervosa. which one of them is most likely to engage in an episode of binge eating at this point? group of answer choices diane, who is watching television and feels sleepy as she listens to the reports of political polls suchira, who just won a scholarship to the college she wanted to attend and is going out to celebrate penelope, who is upset over failing two exams and just had an argument with her parents farrah, who is working what will happen to her town now that a major employer has cut back on jobs

Answers

This Standard's goal is to provide the accounting treatment of intangible assets that aren't covered in-depth by another Accounting.

What types of assets are intangibles?

An asset that lacks a physical form is said to be intangible. It is a long-term asset with annual value growth. Intellectual property, name recognition and image, relationships, or goodwill are a few examples of intangible assets.

What are assets, both tangible and intangible?

Equipment and inventory are examples of tangible assets, whereas valuable intangible assets are assets that cannot be seen (such as trademarks). Assets can be purchased and traded and both assets have value. A tangible asset's value can be determined more readily than an intangibles.

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what were some of the effects of the trade policy changes under gatt? multiple select question. tariffs were reduced by 33% on average. intellectual rights were given more protection. quotas on agricultural goods were phased out. tariffs replaced quotas on apparel and textiles.

Answers

Quotas on clothing and textiles were superseded with tariffs. The average reduction in tariffs was 33%. More protections was provided to intellectual property rights.

Why is commerce so crucial?

Trade is essential to the prosperity of the United States so it boosts economic expansion, promotes domestic industry, raises living standards, and enables citizens to sustain their families with reasonably priced items and services.

What exactly does trading in commerce mean?

Any action conducted to generate money from the sale of things or the provision of services falls within the definition of industry or business. It is not restricted to integrated aggregation of assets, operations, and goodwill that constitute companies for the purposes of other Internal Revenue Code sections.

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ref 29-7 charlotte withdraws $8,000 from her checkable bank deposit to pay tuition this semester. assume that the reserve requirement is 20% and that banks do not hold excess reserves. (scenario: money supply changes ii) by how much will the money supply contract as a result of the withdrawal?

Answers

When the $8,000 deposit was lying in the bank, no excess reserve existed. As $8,000 is withdrawn, there is an $8,000 decrease in deposits and an $8,000 decrease in reserves.

A deposit is an act of setting cash (or coins equivalent) with a few entities, most typically with a monetary organization, which includes a financial institution. The deposit is a credit score for the birthday celebration (man or woman or agency) who placed it, and it can be taken lower back (withdrawn) according to the phrases agreed at the time of deposit, transferred to a few different birthday celebrations, or used for a buy at a later date.

A call for deposit is a deposit that can be withdrawn or in any other case debited on brief observation. Transaction accounts (known as "checking" or "current" accounts relying on the united states of America) may be used to pay different parties, whilst savings accounts are generally payable simplest to the depositor or some other bank account and might have limits on the frequency of withdrawal.

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credit control area is a key organization element unique to fulfillment process. group of answer choices true false

Answers

Credit control area is a key organization element unique to fulfillment process True.

What crucial organizational components are included in the fulfillment process?

Client, company code, sales area, and plant are organizational components that are crucial to the fulfillment process.

What essential organizational components are present in a sales area?

A sales region combines a division, a distribution channel, and a sales organization.

The fulfillment process is applicable to which organizational level?

The basic data, sales organization data, and sales plant data are the three viewpoints that are pertinent to fulfillment. The client level defines the fundamental data. The material's name serves as an illustration. For combinations of sales organizations and distribution channels, sales organization data are defined.

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blue fizz inc. sponsors every race that takes place at the sears racing track in orange county, california. the high-octane racing at sears is perfect for blue fizz to sell its energy drinks and to establish the desired brand image of the company. which type of promotion is evident here?

Answers

Event marketing promotion is evident here. Therefore, option (B) is the correct answer.

Event marketing is a form of advertising that involves direct interaction between businesses and consumers at gatherings like trade exhibitions, conferences, and seminars. Every event is distinct from the next in terms of its viewers, substance, and cultural makeup. It ought to be promoted in a distinctive manner as a result. The event marketer of the future must remain on top of the event marketing game to be successful.

There are several methods to use event marketing. The most obvious example is when a brand hosts events. Depending on the event kind, you may use it to identify new partners, generate leads, strengthen ties with clients and prospects, etc.

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Complete question:

Blue fizz inc. sponsors every race that takes place at the sears racing track in orange county, california. the high-octane racing at sears is perfect for blue fizz to sell its energy drinks and to establish the desired brand image of the company. Which type of promotion is evident here?

A) mass marketing

B) event marketing

C) point-of-purchase promotion

D) solution selling

E) advertising specialties

A mnemonic is:
A. A way to multitask
B. A vocational certificate option
C. A tool that aids memory
D. A skill needed when writing papers

Answers

A mnemonic is: C. A tool that aids memory.

What is memory?

In Psychology, memory can be defined as the ability of a living organism such as a human being to take in information through encoding, store it and then retrieve (recall) this piece of information at a latter time in the future.

Generally speaking, some of the effective and efficient ways to improve memory include the following:

Drill and practice.The use of mnemonic.Peg word systemElaborative rehearsal.

In this context, we can reasonably infer and logically deduce that mnemonic is a tool which can be developed by living organisms in order to aid memory.

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Suppose the government wants to levy a new excise tax. For each of the following goods, determine whether you would expect an excise tax to result in large or small deadweight loss.
a. Alcohol Deadweight loss is relatively (Click to select)
b. Milk Deadweight loss is relatively (Click to select)
c. Diamonds Deadweight loss is relatively (Click to select)
d. Tropical vacations Deadweight loss is relatively (Click to select)
e. Socks Deadweight loss is relatively (lick to select)

Answers

Suppose the government wants to levy a new excise tax. For each of the following goods, determine whether you would expect an excise tax to result in large or small deadweight loss is a. Alcohol Deadweight loss is relative.

Whilst items are oversupplied, there is a dead weight loss. as an instance, a baker can also make one hundred loaves of bread but most effectively sell 80. The 20 final loaves will cross dry and moldy and will be thrown away – resulting in a deadweight loss.

The deadweight loss is the vicinity of the triangle bounded by means of the right edge of the grey tax income box, the unique supply curve, and the call for the curve. it's miles known as Harberger's triangle.

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assume a monopolistic publisher has agreed to pay an author 10 percent of the total revenue from the sales of a book. will the author and the publisher want to charge the same price for the book?

Answers

Assume a monopolistic publisher has agreed to pay an author 10 percent of the total revenue from the sales of a book. In this situation, the author and publisher have an agreement that requires the publisher to provide the author 10% of the total income for each item sold in the market. Because the publisher must pay the author a 10% sale fee in this instance, the publisher will set the price higher than the author.

What is a monopolistic publisher?

Generally, In general, the author and the publisher will have different objectives when setting the price for a book. The author will typically want to maximize their share of the revenue, while the publisher will want to maximize their own profit.

If the publisher is a monopolist, they will have more control over the price of the book. The publisher may consider the costs of producing and distributing the book, as well as the demand for the book and the prices of similar books when setting the price.

The author, on the other hand, will be more interested in the percentage of the total revenue that they will receive, which in this case is 10%. If the publisher sets a higher price for the book, the author will receive a larger share of the total revenue, even though the total number of books sold may be lower.

Therefore, it is possible that the author and the publisher may have different preferences when it comes to setting the price for the book. The final price will depend on the negotiation and agreement between the two parties.

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advergaming is a medium that marketers can use to communicate their big idea to their target market. group of answer choices true false

Answers

Advergaming is a medium that marketers can use to communicate their big idea to their target market.  True

An advergame is a type of video game advertising where the game is created by or in close association with a business body to promote a particular brand of merchandise. Advergames are frequently marketed to children, who are more receptive to the persuading messages that can be incorporated into them. Parents and child advocacy groups have expressed concern about the potential impact that such advertisements, particularly those for food-based products, may have on children's behavior. For home video game consoles and personal computers, many advergames were created throughout the 1980s and 1990s. However, with the widespread availability of the Internet, browser games became a well-liked delivery method for advergames.

Compared to earlier advertising games and other types of games, these games were less expensive to develop.

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Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.

a. True
b. False

Answers

The statement is false. Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.

An employee is a person who has agreed to be employed to paint for a few shapes of fee below an agreement of employment. Your employment popularity will assist define what rights and responsibilities you have got at paintings. There are three fundamental varieties of employment popularity: employee.

Before hiring a new team member, it is crucial to apprehend your options in regard to special kinds of employees. research the main variations among complete-time, part-time, seasonal, and brief personnel. Any person who strives hard to accomplish the desires and goals of a specific employer is called an employee. personnel is employed to carry out particular obligations as per their specialization, hobby regions, and former stories.

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panera bread has innovated to improve the quality of its distribution system, to improve the quality of its bread dough, and to introduce new menu items. these are examples of:

Answers

This kind of innovation in the product is called incremental innovation. This is a type of change done as focuses on improvement in an existing product. This increases efficiency and productivity to meet current competition in the market.

Incremental innovation helps in the improvement of products according to the market position. It has become a common method to increase and attract consumers and survive in competition with their opponents in the long run of production. It is considered an important factor that determines the future and success of the business enterprise.

Hence , we can conclude that the business should keep the innovation mode on and always be attentive to learn about upcoming new trends to grab earlier opportunities.

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xyz, a us company has a subsidiary in korea. the korean sub sells inventory to a japanese company with the sale denominated in us dollars. between the date of sale and the date the receivable is collected the korean won strengthens 10% against the us dollar. explain if there is a foreign exchange gain or loss or no fx impact and why.

Answers

There is a foreign exchange loss in this scenario.

What is foreign exchange?

Foreign exchange (Forex or FX) is the trading of one currency for another. It is the largest and most liquid financial market in the world. The Forex market is open 24 hours a day, five days a week, and is made up of banks, different commercial companies, central banks, hedge funds, investment management firms, and individual investors. In the Forex market, currencies are traded in pairs, such as the US Dollar and the Euro, or the British Pound and the Japanese Yen. When a trader buys or sells a currency pair, they are effectively buying one currency and selling the other. Forex trading is conducted over the counter (OTC) and is not centralized on an exchange, as with the stock and futures markets. Forex traders are seeking to make a profit by speculating on the value of one currency compared to another.

This is because when the Korean subsidiary sells inventory to the Japanese company, the sale is denominated in US dollars. However, between the date of sale and the date the receivable is collected, the Korean won strengthens 10% against the US dollar. This means that the US dollars the Korean subsidiary will receive are worth 10% less than they were when the sale was made. Therefore, the US company will incur a foreign exchange loss because they will receive less money than they expected.

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given the same costs, the monopolist produces less output and charges a higher price compared to the purely competitive industry. what makes this possible for the monopolist and not the purely competitive industry? what is the impact on the society of each?

Answers

A single company has complete control over the supply and pricing of goods and services in a monopolistic market. In contrast to monopolistic markets, truly competitive markets are made up of numerous enterprises with no single firm controlling the market.

How do the pricing and output volume of a monopoly compare to those of a company with perfect competition?

The major difference between a monopolist and a completely competitive firm is that, whereas marginal revenue equals price (MR = P) in the case of perfect competition, it does not in the case of a monopolist since variations in production quantity affect pricing.

How would a monopolist's expenses and output stack up against those of ideal competition?

Price and marginal cost are equal in a market with perfect competition, making it impossible for businesses to turn a profit. In the case of a monopoly, the price is raised above the marginal cost, which generates revenue for the company. In a situation where perfect competition prevails, both the supply and price of an item are profitable economically.

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find how many years it will take to pay off the mortgage if the amount of money outstanding on a $30,000 mortgage after n years if the interest rate is 8 percent and the yearly payment (paid at the end of each year after interest is computed) as $3,000.

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If a $30,000 mortgage has an unpaid balance after n yrs, it will take 20 years to repay it off if the yield curve is 8% and the quarterly premium is $3,000 each year.

How does a mortgage work?

When you and a lender get into a mortgage, the lenders is granted the power to seize your estate if you are unable to pay the balance of the loan plus interest. To purchase a property or borrow more money against the value of a house that you previously own, you can use a mortgage loan.

Which six mortgage types are there?

In India, there's many six main types of mortgages, including simple mortgages, possessory mortgages, English mortgages, bank loans based on conditional sales, bank loans based on land registry deposits, and irregular mortgages.

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in 2009 the price index moves from 100 to 104, the inflation rate is . in 2010 the price index moves from 107 to 111, the rate of inflation is . this is an example of

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The numerical results of a calculation based on a basket of goods can get a little messy. To simplify the task, the price level in each period is typically reported as an index number, rather than as the dollar amount for buying the basket of goods. Index numbers are unit-free measures of economic indicators. Index numbers are based on a value of 100, which makes it easy to measure percent changes. We’ll explain this shortly.

Inflation is calculated by taking the price index from the year in interest and subtracting the base year from it, then dividing by the base year. This is then multiplied by 100 to give the percent change in inflation.

[tex]Inflation (Price Index in Current Year Price Index in Base Year )[/tex][tex]^* 100$[/tex]

Price Index in Base Year

From our previous example:

[tex]$$\text { Inflation }=\frac{(120-100)}{100} * 100=0.2 * 100=20 \%$$[/tex]

Thus from 2006 to 2007 , inflation has risen[tex]$20 \%$.[/tex]

In this context, inflation is measured as a percentage change in the price index from one period to the next.

If the percentage change in the price index is negative it shows deflation rather than inflation.

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robin company had net income of $67,000. the company had 9,000 weighted average common shares outstanding. the basic earnings per share equal $7.44 per share. group startstrue or false

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True. The basic earnings per share is calculated by dividing the net income by the weighted average common shares outstanding. In this case, $67,000 divided by 9,000 = $7.44 per share.

What is share?

Share is the act of giving something of value, such as a portion of a company's profits or ownership, to someone else. It is also the process of owning and trading stocks, bonds, or other investment instruments with the expectation of earning a return on the investment. Shareholders are individuals who own shares in a publicly traded company, and they are typically entitled to a portion of the company's profits and voting rights in company matters. Companies typically issue shares to raise capital for business operations, and the shareholders will benefit from any positive return on the investment. Shareholders also have the obligation to bear any losses the company may incur.

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