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Fiesta28 [93]
3 years ago
12

​Beef Burgers, Inc. contracts to buy five hundred steers from Fattening Feedlots. Before Fattening Feedlots can deliver the stee

rs, there is an outbreak of disease in the feedlot, and all the cattle are quarantined. In this case the perfect tender rule:_______.
a. applies to both parties.
b. does not apply.
c. applies only to Beef Burgers.
d. applies only to Fattening Feedlots.
Business
1 answer:
svlad2 [7]3 years ago
3 0

In this case the perfect tender rule

b. does not apply.

Explanation:

The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.

If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.

This would come under the ambit of an emergency where the governed ruling makes such deals null and void.

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Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
LO 3.4A company sells two products, Model 101 and Model 202. For every one unit of Model 101, they sell they sell two units of M
dexar [7]

Answer:

The sales mix is 1:2.

                           Model 101          Model 102

Selling Price                       21             56

Variable Cost              -14            -35

Contribution Per Unit       7               21

Multiply Sales Mix Ratio       1               2

Weighted Contribution       7                      42

Now add the weighted Contribution to compute Contribution margin per composite unit which is 7+42=$49

Explanation:

I assumed that the cost and selling price here for Model 101 is $14 and $21 respectively. Similarly the cost and selling price of Model 102 is $35 and $56 respectively.

Remember that Contribution margin per composite unit means that we will earn 49 dollars(combined contribution of sales mix) if we sell the sale mix of Model 101 and 102 which is 1:2.

6 0
3 years ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
What does the sarbanes-oxley act of 2002 "require the ceo and cfo to do"?
Dafna11 [192]

The Sarbanes-Oxley Act of 2002 requires the CEO (Chief Executive Officer) and the CFO (Chief Financial Officer) to personally certify the accuracy of the financial statement that the company has filed with the Securities and Exchange Commission  as members of senior management.

4 0
3 years ago
Suppose C1 and C2 form a partition of sample space S. Suppose A and B are two events such that the following statements are true
kirza4 [7]

Answer:

Option b. A and B are conditionally independent given C2.

Explanation:

The conditional probability of an event is the probability that a given event will occur given that another event, say A has already occurred.

In a case where events A and B are independent (in this case, where the probability of A has no  effect on the probability of B occurring), the conditional probability of an event B given that A has taken place is simply the probability of the event A.

If the two events are not independent, then the probability of an event occurs as an intersection of set A and B.

6 0
4 years ago
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