Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.
Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement. This statement is true.
<h3>What is the definition of competition?</h3>
In business, competition is always a factor. Whether it is two companies vying for the same customer base, or two employees vying for the same promotion, competition is a natural part of the business world. However, there is a line that should not be crossed when it comes to competition. Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement.
Defamation is defined as a false and unprivileged publication by writing, printing, picture, effigy, or other fixed representation to the eye, which exposes any person to hatred, contempt, ridicule, or obloquy, or which causes him to be shunned or avoided, or which has a tendency to injure him in his occupation. Product disparagement is similar, in that it is a false and injurious statement made about a competitor's product.
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Answer:
The $18 per unit is a:
sunk cost.
Explanation:
Chang's cost incurred per unit of $18 is a sunk cost. A sunk cost is a cost that has already been incurred. It does not make a difference in a future decision. This implies the Chang may decide to correct the defect or otherwise. What decision it takes should be based on the cost and revenue that results from the next decision, and not the past decision.
Answer:
The answer is:
April 10, 2019:
Dr Cash 96,900
Cr Treasury stock 91,800
Cr Paid-in capital 5,100
(to record resell of 1,700 repurchase shares at $57)
Explanation:
While the share was repurchased at $54 each; the Treasury stock account is debited at 54 x 1,700 = 91,800. Thus, when resell takes place, treasury stock account must be credited by 91,800.
Cash receipt is 57 x 1,700 = 96,900. Thus, this amount is debited in Cash Account.
The difference between the Dr Cash and Cr Treasury stock will Credited in to Paid-in Capital Account at the amount 5,100; which is also calculated as 1,700 x ( 57-54).
An economy maintains a small rate of growth for a long period of time, then the size of the economy: can increase by a large amount.
The real gross domestic product is employed to calculate it (GDP). long growth is delineated as an economy's ability to make additional products and services over time
There are 3 main factors that drive the economic process, Accumulation of capital stock will increase parturient inputs, like employees or hours, worked, and Technological advancement.
Physical capital, human capital, labor, and technology area unit all typically want to model growth in social science. Increasing the quantity or quality of working-age folks, the tools they need at their disposal, and therefore the recipes they need for combining labor, capital, and raw materials can end in higher economic output.
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