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Amanda [17]
1 year ago
13

under a - or lump-sum, agreement, the contractor agrees to perform all work specified in the contract at a known cost.

Business
1 answer:
Alexxx [7]1 year ago
7 0

A "stipulated sum contract," commonly referred to as a lump sum contract, is a construction contract where the contractor consents to finish the project for a predefined, fixed amount.

<h3>What its means contract?</h3>

The simplest definition of something like a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically presenting an offer and the other accepting it.

<h3>What are contracts in law?</h3>

A contract is an agreement that is legally binding; I A contract is an agreement that is legally binding at one or both of the parties' discretion but not at the discretion of the other party or parties.

To know more about contract visit:

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Pls help me and thank you
Studentka2010 [4]
The answer is C! hope this helped!
6 0
2 years ago
Read 2 more answers
A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his operat
Leviafan [203]

The decision to expand depends on the marginal cost of serving more clients and the marginal revenue he will earn from serving more clients.

<h3>What is marginal cost and marginal revenue?</h3>

Marginal revenue is the change in total revenue when output is increased by one unit. Marginal cost is the change in total cost when consumption is increased by one unit.  

Economic theory suggests that output should be increased if the marginal revenue exceeds the marginal cost. If marginal cost is greater than marginal revenue, the business should not be expanded. Profit is maximised when marginal revenue is equal to marginal cost.

To learn more about marginal revenue, please check: brainly.com/question/7781429

3 0
2 years ago
Problem 10-4 Partnership Formation (LO 10.2) Elaine's original basis in the Hornbeam Partnership was $40,000. Her share of the t
dexar [7]

Answer:

$31,000

Explanation:

Calculation to determine Elaine's current basis in her partnership interest

Using this formula

Elaine's current basis= Value of original basis + (interest purchased - Cash received) + Tax exempt interest

Let plug in the formula

Elaine's current basis= $40,000 + ($70,000 - $80,000) + $1,000

Elaine's current basis= $40,000 - $10,000 + $1,000

Elaine's current basis= $31,000

Therefore Elaine's current basis in her partnership interest is $31,000

5 0
3 years ago
The payoff matrix above shows the profits associated with the strategic decisions of two oligopoly firms, Bright Company and Spa
sweet-ann [11.9K]

Answer:

E) Bright: No dominant strategy, Sparkle: Strategy 1

Explanation:

The payoff matrix above shows the profits associated with the strategic decisions of two oligopoly firms, Bright Company and Sparkle Company. The first entries in each cell show the profits to Bright and the second the profits to Sparkle. What are the dominant strategies for Bright and Sparkle, respectively?

Bright: No dominant strategy, Sparkle: Strategy 1

5 0
3 years ago
Which LIKE operator would match a single character?<br> ?<br> []<br> #
sdas [7]

The percentage sign represents zero, one, or a couple of characters. The <u>underscore </u>represents a single wide variety or a character. The wildcard character, the <u>underscore,</u> would match a single character.

<h3>What do you know about LIKE logical operator?</h3>

SQL Server LIKE is a logical operator that determines whether a character string fits in a separate sample. A pattern may also include ordinary characters and wildcard characters.

The LIKE operator is used withinside the WHERE clause of the SELECT, UPDATE, and DELETE statements to clear out rows primarily based totally on sample matching.

Thus, Underscore(_)LIKE logical operator would match a single character.

learn more about LIKE logical operators here:

brainly.com/question/24833629

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6 0
1 year ago
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