Answer:
D) Facilitative
Explanation:
Facilitative style: In management, the term "facilitative decision-making style" is described as one of the different decision making styles that indicates a specific joint effort between subordinates and leaders and they are both are providing an input in order to make a "shared decision". Along with this, they also possess some degree or extent of expertise or/and motivation that is responsible for ensuring an effective decision is being made.
In the question above, the given statement represents a facilitative decision-making style.
Answer: Mirror image rule
Explanation:
It should be noted that the contract formation defenses are fraud, illegality, incapacity, unconscionability, duress and statute of Frauds.
The mirror image rule is not among the defense to the formation of w contract. It implies that an offer should be accepted with no changes made to the offer.
The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.
<h3>Who is a 401(k) plan?</h3>
A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.
An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.
Hence, it holds true that majority of the 401(k) plans are participant directed.
Learn more about 401(k) plans here:
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buyer most likely sue for specific performance if the seller defaulted on the contract before closing
A Sale and Purchase Agreement (SPA) is what, exactly?
A Sale and Purchase Agreement (SPA) is a contractual agreement describing the terms on which the buyer and seller of a property have come to an understanding (e.g., a corporation). In any sale transaction, it serves as the primary legal document. Essentially, it outlines the agreed-upon terms of the transaction, offers several significant safeguards to all parties involved, and establishes the legal framework needed to finalize the sale. Therefore, the SPA is extremely important to both sellers and buyers.
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Answer:
a. Rate charged per hour of labor = [Total Budgeted Costs (Time Charges) / Number of Hours + Profit margin]
Rate charged per hour of labor = [$334,400/7,600 + $35]
Rate charged per hour of labor = $44 + $35
Rate charged per hour of labor = $79
b. Calculation of Material Loading percentage:
= [$40,000 + $10,500 + $28,000] / $400,000
= $78,500 / $400,000
= 0.19625
= 19.63%
