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Lunna [17]
1 year ago
9

the palace restaurant purchases goods from pluto restaurant supply house on a regular basis. pluto breaches the contract with pa

lace when pluto runs out of the cooking equipment palace agreed to purchase. what remedy is not available to palace?
Business
1 answer:
anzhelika [568]1 year ago
6 0

The Palace Restaurant purchases goods from Pluto Restaurant Supply House on a regular basis. The remedy that is NOT available to Palace is option(c)i.e, Reclaim the goods from Pluto's other customers.

Goods are elements, items, merchandise, or possession that associations sell, and in turn, customers purchase these merchandise to fill a want or need. The Palace Restaurant purchases goods from Pluto Restaurant Supply House on a regular basis. The remedy that is NOT available to Palace is to reclaim the goods from Pluto's other customers.

Supply is the capacity of the amount or aid a trade has to offer to allure clients at the stage. For a tangible, block and weapon that shoots store, this wealth is the stock a trader holds on their premises and inside warehouses that it can move to clients. Supply is important because Organizations depend on suppliers to support the various raw materials to form their output.

To know more about Supply refer to: brainly.com/question/13296654

#SPJ4

The complete question is:

The Palace Restaurant purchases goods from Pluto Restaurant Supply House on a regular basis. Pluto breaches the contract with Palace when Pluto runs out of the cooking equipment Palace agreed to purchase. What remedy is NOT available to Palace?

a. Right to cancel the contract

b. Purchase substitute goods from another party

c. Reclaim the goods from Pluto's other customers

d. Recover incidental damages

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Ambrose is a scientist working for a pharmaceutical company. His company was acquired by a rival pharmaceutical company, and now
andrezito [222]

Answer:

b. Ambrose is a key employee in the firm's primary business.

Explanation:

Downsizing or Down-scoping relates to degrade the level, or shift it to lower level from the current level, and accordingly in this instance it refers to degrade the market level of pharmaceutical company.

In the given instance the company is acquired by a competitor and because of that the management is changed. Although in these cases the employees are not changed, as the management is changed, but the working of company, its objective to do the basic business do not change.

Accordingly if Ambrose is a key employee and he knows the basic functioning of the company, he will not be removed and his job will stand secure. Even in downsizing or down-scoping the company cannot loose the key employees.

7 0
3 years ago
What is the repricing gap if the planning period is 30 days? 3 months? 2 years? Recall that cash is a noninterest-earning asset.
Tcecarenko [31]

Answer:- -$95 million for 30days,  -$20 million for 3 months, +$55 million for 2 years.

Explanation:

Repricing gap using a 30-day planning period, we have;

$75 - $170 = -$95 million.

Repricing gap using a 3-month planning period, we have;

($75 + $75) - $170 = -$20 million.

Reprising gap using a 2-year planning period, we have;

($75 + $75 + $50 + $25) - $170 = +$55 million.

b) the impact over the next 30 days on net interest income vary. Let us use i) when net income increases by 50 basis points.

      ii) when net income decreases by 75 basis points.

if impact over the next 30 days on net interest income increases by 50 basis points, we would have that  net interest income will decrease by $475,000, see below:

ΔNII = CGAP(ΔR) = -$95m.(0.005) = -$0.475m

If  impact over the next 30 days on net interest income decrease by 75 basis points, net interest income will increase by $712,500.  This is because:

ΔNII = CGAP(ΔR) = -$95m.(-0.0075) = $0.7125m

7 0
4 years ago
Explain the importance of departmental income statement in an enterprise in which several separate departments function. Provide
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Answer with Explanation:

Following are the benefits of using departmental Income Statements:

  • Gives an understanding of where the company lacks efficiency
  • Helps in setting budgets and efficiency cuts so that the management of the department works hard to lower operational lead time and other efficiencies found in the operational activities. By setting the budgeted income statement for the department, the appraiser of the company performance is possible by using variance analysis method.
  • The Departmental Income Statement also helps in appraising performance of each department which helps identifying which department requires upper level management attention.
  • It is very useful when undergo financial analysis of departmental income statement which helps in identification of problematic areas, which are lowering profits and thus corrective actions can be taken to overcome these issues.
  • It helps in allocating of jointly shared costs of non production overheads like Accounts Department Costs, Audit Department Costs, Electricity bills, etc. This helps in better appraisal of departments and identification of appropriate basis. In the above case the appropriate basis would be Income balances for accounts department, Income Balances For audit department cost and electricity units consumption of each department.

The above benefits makes the department income statements important for the managerial use.

4 0
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A company that is authorized y the commissioner to transact insurance business in Louisiana is called a
umka21 [38]

Answer:

A company that is authorized by the commissioner to transact insurance business in Louisiana is called a <em>producer</em>.

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