Answer:
3) Jack has anticipatorily repudiated the contract and Hal and Sophia can immediately consider the contract to be breached.
Explanation:
Anticipatory repudiation of a contract refers to one party breaching the contract by declaring that they do not intend to perform consideration. Anticipatory repudiation is a type of contract breach, and as soon as the other party is notified about it, it can decide to claim any type of compensatory damages that may result from the breaching.
The plans that direct the behavior, efforts, and priorities of operations for a short period is known as operational plan.
<h3>What is planning?</h3>
Planning simply means the process of thinking and preparing to achieve a desired goal.
It should be noted that operational plans direct the behavior, efforts, and priorities of operative employees for periods ranging from one to six months.
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Answer:
$10,000 increase
Explanation:
The computation of the net differential increase or decrease in cost for the entire five years for the new equipment is as follows:
<u>Particulars Keep the Replace the Effect on Cost </u>
<u> old mach. new mach. </u>
Cost of 5 years 350,000 225000 -125000.00
Investment in new machine 0 150000.00 150000.00
Salvage value of old machine 0 -15000.00 -15000.00
Increase in cost 350,000 360000.00 10000.00
Answer: D. minimum monthly payment
Explanation:
The minimum monthly payment is the lowest that a person should pay per month on a loan, particularly that of a credit card, if they do not want to be ruled as being in default.
The advantage of this is that the person will still be in good standing with the creditor meaning that they have not defaulted (really bad for credit score). Disadvantage is that the loan interest will be higher as it is based on a larger balance than had the person paid more.
