Answer:
Yes, the contract is still valid.
Explanation:
Let us first clarify some terms first.
A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.
Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.
Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.
Therefore, as regards to the date on the letter, the contract is still valid.
Answer:
ORGANIZATION EFFECTIVENESS IS MORE IMPORTANT THAN ORGANIZATIONAL PRODUCTIVITY.
Explanation:
Organizational productivity refers the skills of the company to produce the best results with the lowest costs. In this case the organization effectiveness refers to the skills that the company has to reach is objectives, hiking price increase organizational productivity, however in marketing terms it can be an obstacle to reach company objectives in the market reducing company effectiveness.
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
At the least a channel of distribution firms consists of a producer and a customer. They are consumers when they use the products that have been produced, the products that have been produced, the products that have been produced.
Producer markets: To make a profit, producers purchase things and services, change them into marketable products, and then sell those products to customers. Farmers, factories, and construction firms are some examples of producers. A producer is in charge of discovering and starting a project, securing funding, employing writers, directors, and other important members of the creative team, and supervising every stage of pre-production, production, and post-production up to release.
To learn more about producer, click here.
brainly.com/question/14616889
#SPJ4
Answer:
The amount which investors have been prepared to pay $1123.153
Explanation:
It is given that government strip promised to pay $1000
So principal amount P = $1000
Time period id given n = 5 years
Rate of interest r = 2.35 %
We have to find the amount after 5 years
Future value is given as
, here P is principal amount, r is rate of interest and n is time period
So 


So the amount which investors have been prepared to pay $1123.153