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butalik [34]
2 years ago
6

Crosby contracts with Subban whereby Crosby agrees to sweep Subban retail shop at the end of each work day. Before the first pay

ment is due, Subban realizes that Crosby is unlicensed. The state of Florida requires all retail floor sweepers to be certified and pay annual dues. Subban therefore does not pay Crosby for his work. When Crosby s brings a breach of contract case against Subban to court the court will decide the contract is Group of answer choices
Business
1 answer:
Alchen [17]2 years ago
4 0

Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.

<h3>What is contract?</h3>

A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.

Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.

All retail floor sweepers in Florida are required to be certified and pay annual dues.

As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.

Therefore, the contract is unenforceable.

Learn more about the contract, refer to:

brainly.com/question/2669219

#SPJ1

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Mateo wants to buy a new guitar and amp that will cost about $2,500. He works part time at a cafe and brings home around $500 pe
Phoenix [80]

The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.

<h3>What detail is missing?</h3>

The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.

He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.

Find out more on saving at brainly.com/question/341992.

7 0
3 years ago
Sheffield Corp. uses the composite method and its composite rate is 7.5% per year, what entry should it make when plant assets t
muminat

Answer:

$ 142 375

Explanation:

Thinking process:

Let the composite rate be given by the formula:

A = P (1+\frac{r}{n})^{nt}

where

A = amount after interest

\frac{r}{n} = interest rate

t = time

n = number of times (per year)

Therefore, this gives:

A =134 000 (1+\frac{0.75}{12})^{1}\\   = $ 142 375

8 0
4 years ago
Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied
pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

#SPJ4

7 0
2 years ago
Case Questions:
skelet666 [1.2K]

Answer:

subject?

Explanation:

7 0
3 years ago
Read 2 more answers
1.Your grandparents would like to establish a trust fund that would pay annual payments to you and your heirs of $100,000 a year
leonid [27]

Answer:

$1,666,666.67

Explanation:

This is a time value of money(TVM) question specifically, a perpetuity.

Use the formula for present value of perpetuity to solve it. It is as follows;

PV or perpetuity = Recurring cashflow / interest rate

PV = CF / r

Recurring annual cashflow ; CF = 100,000

rate; r = 6% or 0.06 as a decimal

PV = 100,000 / 0.06

PV = 1,666,666.667

Therefore, your parents will deposit $1,666,666.67 today

3 0
3 years ago
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