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OLEGan [10]
2 years ago
14

Tyrell Corporation, headquartered in Indiana, and Blender Corporation, headquartered in Michigan, entered into a contract with a

provision stipulating that any legal disputes will be conducted using Michigan law. This agreement is called a Multiple Choice site convenience clause. forum selection clause. state agreement clause. venue selection clause.
Business
1 answer:
irina [24]2 years ago
5 0

A contract between the Indiana-based Tyrell Corporation and the Michigan-based Blender Corporation included a clause stating that any legal problems shall be governed by Michigan law. The Multiple Choice State Agreement Clause refers to this arrangement.

<h3>What makes Michigan Law unique?</h3>

In addition to its outstanding academics, Michigan Law is arguably most renowned for its welcoming and cooperative atmosphere. Despite being one of the bigger law schools, interaction between students, instructors, staff, and administrators is encouraged.

<h3>The size of Michigan Law.</h3>

With 1,052,608 volumes or equivalents, Michigan Law's library is ranked as the 14th largest in the nation. When it comes to applicants that were accepted and enrolled full-time, Michigan Law has the #20 highest median undergraduate GPA (3.77).

<h3>How many laws exists in Michigan?</h3>

The Model Penal Code produced by the American Law Institute is eight times smaller than the list of criminal statutes in Michigan, which totals more than 3,100.

learn more about Agreement Clause here

<u>brainly.com/question/27961623</u>

#SPJ4

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Consider the following production function: Q=(L+K)1/2
boyakko [2]

Answer:

(a) MPL = 1/2

(b) MPK = 1/2

(c) APL = 1/2+ K/2L

(d) APK = = L/2K+ 1/2

(e) TRSL,K = 1

Explanation:

Q = (L+K)1/2 = L/2 + K/2 ……………………………………………………. (1)

Where Q is the total output, L is Labour and K is capital

(a) What is the Marginal Product of Labor (MPL)?

To get MPL, differentiate equation (1) with respect to L as follows:

MPL = dQ/dL = 1/2  

(b) What is the Marginal Product of Capital (MPK)?  

To get MPK, differentiate equation with respect to K as follows:

MPK = dQ/dL = 1/2  

Both MPL and MPK are diminishing since each of them is 1/2 which less than one.

(c) What is the Average Product of Labor (APL)?

To calculate APL, divide equation (1) by L as follows:

APL = Q/L = (L/2)/L + (K/2)/L

                 = 1/2+ K/2L

(d) What is the Average Product of Capital (MPK)?

To calculate APK, divide equation (1) by K as follows:

APL = Q/K = (L/2)/K + (K/2)/K

                 = L/2K+ 1/2

(e) What is the TRSL,K ?

TRSL,K implies Technical Rate of Subsitution of L for K = MPK/MPL

TRSL,K = MPK/MPL

Since both MPK and MPL are each equal to 1/2 as calculated under (a) and (b) above, we substitute for them in the TRSL,K as follows:

TRSL,K = MPK/MPL = (1/2)/(1/2) = 1

(e.1.) Is the absolute value of TRSL,K diminishing in L or K?

No, it neither diminishing in L nor K since the answer is equal to 1.

(e.2.) Are there constant, decreasing, or increasing returns to scale?

Since the TRSL,K is equal to 1, it implies there is a constant return to scale.

I wish you the best.

8 0
3 years ago
Marquis has a gross pay of $816. By how much will his gross pay be reduced if Marquis has the following items withheld?
Marysya12 [62]

Answer:

$174.66 which is d on edge

Explanation:

i studied very hard and i made a 100

7 0
3 years ago
Kristi sells purses. Her cost is $35 per purse. On a certain day, she sells 12 purses, and her producer surplus for that day amo
aleksandrvk [35]

Answer:

$50

Explanation:

The computation of the selling  price of each purse is shown below:

As we know that

Selling price = Total value ÷ number of purses sold

where,

Total value is

= Cost of the purse × number of purses sold + producer surplus

= $35 × 12 purses + $180

= $600

And, the number of purses sold is 12

So, the selling price of each purse is

= $600 ÷ 12 purses

= $50

4 0
3 years ago
Synthetic Fuels Corporation prepares its financial statements according to IFRS. On June 30, 2019, the company purchased equipme
Elza [17]

Answer:

The correct interpretation of the given problem is outlined in the following portion of the explanation.

Explanation:

On 2019,

Company purchased = $540,000

Life useful = 5 years

(1)...

On year 2019,

Depriciation=\frac{Cost - Residual \ Value}{useful \ life}

On putting the values, we get

⇒                   =\frac{540,000-0}{5}

⇒                   =108,000

Journal - Dr $108,000 in depreciation A/c.

(2)...

Assets A/c Dr $ 92,880, To reassess surplus $92,880

Now,

Revalution \ Amount= Carring \ Amount \ of \ Assets \ on \ revaluation \ Date - Valuation \ of \ non \ current \ Assets

On putting the values, we get

⇒                               =432,000 - 524,880

⇒                               =92,880 (Gained revaluation)

(3)...

On year 2020,

Depriciation = \frac{Cost - Residual  \ Value}{ useful \ life}

On putting values,

⇒                  =\frac{524,880}{4}

⇒                  =131,220

Journal - Depreciation A/c Dr. $131,220

.

(4)...

Surplus revaluation: Dr $39,312

Revalution \ Amount = Carring \ Amount \ of \ Assets \ on \ revaluation \ Date - Valuation \ of \ non \ current \ Assets

On putting values,

⇒                               =393,660-354,348

⇒                               =39,312 (Loss revaluation)

3 0
3 years ago
Bank's Balance Sheet
avanturin [10]

Answer:

1. increase securities , increase owners equity

2. Leverage ratio is 5.2

3. A. The return on each asset

Explanation:

1. If the bank owner decide to imcrease assets by buying new securities through additional funds from them, then securities assets increases by $200 and owners equity increases by $ 200 to balance the balance sheet

2. Leverage ratio= total assets divided by owners equity

= 1950/375= 5.2 ( owners equity increases by $200 to make $375)

3. Banks consider return on assets to allocate asset resources because they weigh risk and return and allocate to resources on the basis of greatest optimal risk return combination

4 0
4 years ago
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