Answer:
An implied agreement is based on a formal agreement.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.
An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.
This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.
Answer:
Amount of three parts of investment are
72000, 16000 and 5000
Explanation:
We have given total investment = $93000
Let the investment made by three businessman are x , y and z
So 
-----eqn 1
It is given interest rates are 8 % , 6% and 9 %
And time = 1 year
Total interest = $7170
So 
----eqn 2
It is given that interest from first investment is 6 times the interest from second investment
So 
----- eqn 3
After solving eqn 1 eqn 2 and eqn 3
x = 72000
Y = 16000
And z = 5000
The <u>Full cost view of maintenance</u> takes into account such costs as deteriorated customer relations and lost sales.
a cost that an employer has when they employ someone, in addition to the cost of paying the person's salary or wages. cost is the amount or equivalent paid or charged for something .
Examples of costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.
Direct, indirect, fixed, and variable are the 4 main kinds of cost.
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Answer:
The number of workers unemployed in this nation is 2.8 million
The number of workers employed is 42.70 million
Explanation:
45.5 million accounts for the nation's labor force of 100%,since the unemployment rate is 6.15%,hence the percentage of workforce gainfully employed is 93.85%
.(100%-6.15%)
Accordingly, the portion of the population employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)
