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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>

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Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $120,000
Thepotemich [5.8K]

Answer:

Is better to continue the production of the component as currently is taking allocated overhead from other department. Buying will inccur in a financial disadvangate of 25,000

Explanation:

<u>Make</u>

Direct cost:

DM                   120,000

DL                      25,000

VMO            <u>      45,000  </u>

Total Variable:  185,000

Tracable fixed cost: 5,000

Total cost:   190,000

<u>Buy option:</u>

purchase 190,000

unavoidable cost: (30,000 - 5,000) = 25,000

Total cost: 215,000

3 0
3 years ago
You're an entrepreneur and had a great idea to sell shoes that have springs installed in them to make walking easier. However, t
TiliK225 [7]

Answer:

B. There is an increase in income and "spring shoes" are a normal good.

Explanation:

To eliminate the disequilibrium in the market for shoes, spring shoes firstly needs to be seen as a normal product because if it is seen an inferior product then as people's Income rises they woudnt want to buy inferior products because they have the income to buy normal products. As people income rises, since spring shoes is seen as a normal product, then people will buy springshoes

6 0
3 years ago
Western Electric has 32,500 shares of common stock outstanding at a price per share of $80 and a rate of return of 12.95 percent
Sergio039 [100]

Answer:

c. 11.10%

Explanation:

Options are <em>"a. 10.29% b. 10.51% c. 11.10% d. 10.72% e. 11.49%"</em>

Market Value of Equity = $80 * 32,500

Market Value of Equity = $2,600,000

Market Value of Preferred Stock = $95.50 * 7350

Market Value of Preferred Stock = $701,925

Market Value of Debt = $407,000 * 1.115

Market Value of Debt = $453,805

Total Market Value = Market Value of Equity + Market Value of Preferred Stock + Market Value of Debt

Total Market Value = $2,600,000 + $701,925 + $453,805

Total Market Value = $3,755,730

kP = Annual Dividend / Current Market Price

kP = $7.90 / $95.50

kP = 0.082723

kP = 8.27%

WACC = [wD * kD * (1 - t)] + [wP * kP] + [wE * kE]

WACC = [(453,805/3,755,730) * 8.11% * (1 - 0.40)] + [(701,925/3,755,730) * 8.27%] + [(2,600,000/3,755,730) * 12.95%]

WACC = 0.59% + 1.55% + 8.96%

WACC = 11.10%

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Which phrase best completes the diagram?
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