If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable.

1 answer:

3 0

If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.

Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.

Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.

Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.

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To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.

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Margarita [4]

Answer:

C. not valid because performance depends on Parsley's personal skills

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

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If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, it

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If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, its real per capita output will have increased by about $167. This is further explained below.

<h3>What is real per capita output?</h3>

Generally, The real gross domestic product per capita is a figure that is calculated by dividing the entire economic output of a nation by the total population of that country after adjusting for inflation.

In conclusion, If the actual production of a DVC goes from $200 billion to $260 billion and at the same time its population goes from 100 million to 110 million, then the real output per capita will have climbed by around $167.

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