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kykrilka [37]
2 years ago
9

An honest effort to meet both the spirit and letter of the contract is termed Group of answer choices reasonable circumstances.

sole discretion. honest representation. good faith.
Business
1 answer:
Katarina [22]2 years ago
8 0

An honest effort to meet both the spirit and letter of the contract is termed, Good Faith.

<h3>What is a Good Faith?</h3>
  • Good faith (bona fides) in human interactions refers to a real intention to be fair, transparent, and honest, regardless of how the encounter turns out.
  • With bona fides, however, this is not the case; it is still extensively used and interchangeable with its widely-accepted contemporary English translation of "good faith," unlike certain Latin expressions that have lost their literal meaning over the years.
  • It is a crucial idea in both law and commerce. Bad faith, mala fides (duplicity), and perfidy are the opposing ideas (pretense). Bona fides is a modern English term that is interchangeable with credentials and identification.
  • The expression, which occasionally appears in job postings, should not be mistaken for genuine occupational requirements or the employer's good faith attempt.

To know more about Good Faith refer to:

brainly.com/question/16004535

#SPJ4

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According to the midpoint method, the price elasticity of demand for tomatoes between point x and point y is approximately , whi
Mashutka [201]
According to the midpoint method, the price elasticity of demand for tomatoes between point X and point Y is approximately (1.8 or 0.56 or 0.09 or 0.05) , which suggests that the demand for tomatoes is (elastic or 
4 0
4 years ago
Heidi Software Corporation provides a variety of share-based compensation plans to its employees. Under its executive stock opti
muminat

Answer:

1.$12,000,000

2.31-Dec-2021

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

31-Dec-2022

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

Explanation:

1.)

Total compensation cost of stock options = Estimated fair market value of the option x Number of options granted

=$3 x 4,000,000 shares

=$12,000,000

Therefore total compensation cost of stock options is $12,000,000

2. to 4.) Journal Entries

31-Dec-2021

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

31-Dec-2022

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

Compensation expense

= Total compensation cost of stock options/Vesting period

=$12,000,000/2 years

=$6,000,000

3 0
4 years ago
Chance Co., the parent of a US-based MNC, uses fundamental forecasting to estimate future values of exchange rates. Suppose that
Ghella [55]

Answer:

d. An increase in the value of the pound by 0.6 percent

Explanation:

Given :

Regression equation :  $e_{bp}=b_0+b_1Inf_t+\mu_t$

Change company estimates that $b_0$ to be 0.0 and the value of $b_1$ to be 0.6.

Now, ebp = 0.6 x inf + μt     ----------------- $b_1=0.6$

When Inf = 1 (assume that the error term is 0)

ebp = 0.6 x 1 = 0.6

That is it is an increase in the value of pound by 0.6% with the one unit increase in the $Inf_t$.

Therefore, option (d) is correct.

6 0
3 years ago
Economists use gross national product (GNP) to measure ___
rusak2 [61]

Economists use the gross national product (GNP) to measure <u>the output of a nation’s citizens, regardless of where they are. </u>

<h3>Further explanation </h3>

Gross National Product or GNP measures the total output produced by a country's residents, regardless of where they are. Therefore, any output produced by foreign residents within the country must be excluded in calculations of GNP, while any output produced by the country's residents outside of the country must be counted.

Gross national product calculates by adding these factors below:

<h3>Consumption + Government Expenditures + Investments + Exports + Foreign Production   </h3>

Another important economic measure is Gross Domestic Product (GDP). GDP measures the total output produced in the country, regardless of who they are. GDP is the most widely used to measure a country's economic activity. The difference between GNP and GDP may indicate that a country is more engaged in international trade. The larger the difference between a country's GNP and GDP, the greater international activities.

<h3>Learn more </h3>

Gross National product brainly.com/question/1086262

GNP and GDP brainly.com/question/1228512

GNP vs GDP brainly.com/question/853464

Keywords: GNP, Gross National Product, GDP, Gross Domestic Product, International trade

6 0
4 years ago
Read 2 more answers
A firm has sales of $1,220, net income of $226, net fixed assets of $544, and current assets of $300. The firm has $101 in inven
Nady [450]

Answer:

11.97%

Explanation:

Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.

Total assets = Net fixed assets + Current assets

= $544 + $300

= $844

Common size statement value of inventory = Inventory ÷ Total assets

= $101 ÷ $844

= 0.1197

= 11.97%

4 0
3 years ago
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