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salantis [7]
2 years ago
13

Fine properties, inc. , negotiates with general maintenance corporation to include a liquidated damages clause in their contract

. To be enforceable, at the time of the contract, an estimate of the damages from a breach must be.
Business
1 answer:
ss7ja [257]2 years ago
6 0

Fine Properties, Inc. negotiates with General Maintenance Corporation to include a liquidated damages clause in their contract. To be enforceable, at the time of the contract, an estimate of the damages from a breach must be: difficult

What Are Liquidated Damages?

A liquidated damages clause specifies a predetermined amount of money that must be paid as damages for failure to perform under a contract. The amount of the liquidated damages is supposed to be the parties' best estimate at the time they sign the contract of the damages that would be caused by a breach. If a breach occurs and the liquidated damages clause is enforceable, the parties do not calculate the actual damages (i.e., how much money a party actually lost as a result of the breach). Instead, the breaching party pays the predetermined sum provided by the liquidated damages provision.

How to set liquidated damage amount :

liquidated damages provisions are enforceable only if the damages are difficult to estimate, which makes it challenging to set an amount in the contract. Each party should make an effort to provide a rough estimate of how much money a breach would cost their business and negotiate an amount that is fair to both parties. If your contract concerns a long-term project, such as a construction contract, consider a liquidation provision that sets a fee for each day the completion of a project is past due.

Learn more about Liquidated damages :

brainly.com/question/17062273

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Infinity Clock Company prepared the following static budget for the​ year: Static Budget ​Units/Volume 5 comma 000 Per Unit Sale
aalyn [17]

Answer:

a) Operating income - $33,800

Explanation:

<em>The flexible budget would be prepared for  a different activity level of 6,300 production units but using the assumptions of the fixed budget</em>

                                                                               $

Sales revenue - ($7× 6,300 units  )   :             44,100.00

Less Variable cost -      ($1 ×  6,300 units ) :      <u>( 6,300)</u>

Contribution                                                       37,800

Less Fixed costs                                                <u>(4,000)</u>

                                                                             <u>33,800</u>

<em>Note that the fixed costs of $4000 remains the same for both the static and flexible budgets. This is because the activity level of 6,300 units of the flexible budget remains within relevant range. So the fixed cost would not change.</em>

4 0
3 years ago
Architects consider this when designing a building.
frozen [14]
When designing a building an architect consider following things;
<span>The site or place where the building is going to be constructed, second thing he considered is engineering, another thing he considered while designing is the needs of the user and the materials which are going to be used in constructing a building.</span>
5 0
3 years ago
What level of education may be required for a career as a help desk associate?
hichkok12 [17]

<u>Answer:</u>

<em>A. Associate's degree program </em>

<em></em>

<u>Explanation:</u>

An associate degree is the main level of post-optional instruction that secondary school graduates can seek after at non-professional organizations of higher learning. Ordinary partner projects take two years to finish; therefore, adaptable online plans can be intended to assist you with graduating in as meager as the year and a half.

Since an associate degree educational program is regularly taken from and worked around few general training prerequisites expected to procure program of 4 years education, a partner degree may assist you with getting ready to finish a future four-year college education program.

3 0
3 years ago
MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu
kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0
3 years ago
"Slumming" meant:
Andru [333]

Answer:

A.

Explanation:

The word 'slumming' can be defined as an act of going to socially low-level area and spending time there either with the purpose to do charity or just out of curiosity.

Harlem is a city located in the neighbourhood of New York City after blacks migrated to the place the city became a restricted area to go.

But in the early 1920s, the whites began slumming to Harlem. They left their sophisticated ways to get a share of black life. They packed themselves in speakeasies, dancehalls, jazz clubs, etc.

So, the correct answer is option A.

8 0
3 years ago
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