Answer:
The correct answer is (b)permitted because the contract is just for music lessons.
Explanation:
Recall that,
Johann, a well known musician agrees to give out ten lessons of guitar to Elton for an amount of $ 2000. this contract forbids delegation.
Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.
Answer:
Cost of land= 564,500
Explanation:
Cost of land = Purchase price - Salvage + Demolition cost + Land preparation
= 540,000 - 22,000 + 39,000 + 7,500
= 564,500
Answer:
C. VL = VU + PV(Tax Shield) - PV(CFD)
Explanation:
The static trade off theory is a theory of capital structure in corporate finance, first proposed by Alan Kraus and Robert H. Litzenberger. The theory emphasizes the trade-offs between the tax benefits of increasing leverage and the cost of bankruptcy associated with higher leverage. The <u>answer is C</u> as we know relative to the unleveraged firm, leverage provides both costs and benefits. The benefits are the tax shields provided by debt.
Knowing your plan of attack
Answer:
<em>E) Satisfaction Guarantees</em>
Explanation:
<em>Satisfaction Guarantees</em> also called <em>Money-Back Guarantee</em> is basically a straightforward assurance <em>that a refund will be produced if a purchaser is not satisfied with a product or service</em>.
This term is widely used in advertisements or commercials advertising a product or service and has been used for a long time as a marketing strategy.
