Which athlete received the largest contract in the history of sports? mike trout lionel messi patrick mahomes lebron james.

Once an agreement has been reached, the person for whom a contingency has been inserted cannot: refuse to exert due diligence to

Molodets [167]

refuse to exert due diligence to cause the contingency to be satisfied within the time specified in the contract.

<h3>What is contract?</h3>

A contract is a legally binding agreement that establishes, defines, and governs the mutual rights and obligations of its parties. A contract usually involves the exchange of goods, services, or money, or the promise to exchange any of these at a later date.

The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

A contract for difference (CFD) is a contract between a buyer and a seller in which the buyer agrees to pay the seller the difference between the current value of an asset and its value at the time of the contract.

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8 0

2 years ago

Read 2 more answers

EEE Corp. reports the following information for the fiscal year. (in $ million) Revenue $7,015 Expenses $3,890 Beginning retaine

Naily [24]

Answer:

See below

Explanation:

First we will compute the ending retained earnings

= Beginning retained earnings $4,615 + Revenue $7,010 - Dividends $500

= $11,125

Then , the total assets of EEE corp. would be

= Capital contributed $820 + Retained earnings $11,125 + liabilities at year end $5,225

= $17,170

4 0

3 years ago

charging a customer different prices per unit, depending upon the number of units purchased is called

klemol [59]

It can be inferred that charging a customer different prices per unit depending on the number of units is called price discrimination.

<h3>What is price discrimination?</h3>

Price discrimination is a sales strategy in which customers are charged different prices for the same product or service based on what the seller thinks they can get the customer to accept. In pure price discrimination.

The seller charges each customer the maximum price he will pay. In the most common forms of price discrimination, the salesperson divides customers into groups based on certain attributes and charges each group a different price.

<h3>more insight on price discrimination</h3>

Price discrimination is practiced based on the seller's belief that customers of certain groups may be asked to pay more or less based on certain demographics or how they value the product or service in question.

Price discrimination is most useful when the gain from separating markets is greater than the gain from keeping markets together. The effectiveness of price discrimination and the length of time that different groups are willing to pay different prices for the same product depends on the relative elasticity of demand in the submarkets

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6 0

1 year ago

BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 com

lapo4ka [179]

Answer:

Cash balance on November 30 = $77,400

Explanation:

October sales $160,000

November sales $192,000

Calculation: November sales = $160,000 + (160,000 × 20%) = $160,000 + 32,000 = $192,000.

Collection from November $48,000

As 70% will be collected from the next month, therefore we can collect 70% from the month of October = $112,000

Total cash collection in November = $48,000 + $112,000 = $160,000

Cash disbursement for the month of November $110,000 × 30% = $33,000

70% from the month of October $90,000 × 70% = $63,000

Total cash disbursement = $96,000

The cash balance on November 1 = $13,400

Add: cash collection = $160,000

Less: cash disbursement = ($96,000)

Cash balance on November 30 = $77,400

4 0

3 years ago

In damselflies a basal quadrangular cell in the wing venation is called

Burka [1]

The answer is discoidal cell

7 0

3 years ago