Answer:
b. quasi contract
Explanation:
-Liquidated damages refers to a mechanism in a contract in which a party can request a compensation because of breach.
-Quasi contract is an agreement that is recognised by a court when there is no written contract between two parties and there is a conflict about a payment of a product or service.
-Reformation is a change made by a court in a document when one party that participates in it makes a request.
-Restitution is when someone receives a compensation for a loss or an injury.
According to the options given and the definitions, the answer is quasi contract.
Answer:
the price increases
Explanation:
its inflation due to the decrease in production of the the product but not the need for it the price will rise.
The answer is false. A company's supply chain describes how crude materials are changed into completed items and dispatched to retailers and clients. Inventory network wasteful aspects can squander as much as 25 percent of an organization's working expenses
Answer:
d. $1,875 unfavorable
Explanation:
Direct material quantity variance is computed as;
= (AQ - SQ) × SP
AQ = Actual quantity = 6,300 units
SQ = Standard quantity = 14,200 / 2 = 7,300 units
SP = Standard price = $0.80
Direct material quantity variance
= (6,300 - 7,300) × 0.80
= -1,000 × $0.80
= -1,875 unfavorable
