Contracts can be discharged by performance: complete performance discharges both sides; material breach discharges the breaching party, who has a right to claim damages; substantial performance obligates the promisee to pay something for the benefit conferred but is a breach.
Answer:
$64,48 billion
Explanation:
marginal propensity ( MPC ) = 0.84 i.e ratio of disposable income to consumption is $1 to 84 cent
YEAR 1 disposable income = $412 billion
year 1 consumption = $368 billion
year 2 disposable income = $540 billion
calculate the level of saving in year 2
from given data
consumption = Co + 0.84 * 412
368 = Co + 346.08
therefore Co = 21.92
therefore for year 2
Consumption = Co + 0.84 * 540
= 21.92 + 453.6 = $475.52
hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion
NO. Consolidated has not tendered delivery.
<span>Tender of delivery means that the seller offers the goods to the buyer by putting or holding them at the disposition of the buyer. Seller also gives the buyer some notification reasonably necessary for taking delivery.
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In this case, Oscar is open 6 am to 8 pm daily. Delivery arrived at 10 pm where no one is there to accept the delivery. Only until Oscar or anybody that is authorized by Oscar to accept delivery is actually in the premises to receive the goods being delivery will Consolidated be able to tender delivery.
Answer:
$3,676,100
Explanation:
in base year dollars, the building costed $2,340,000 / 1.923 = $1,216,849
if today's cost index is 3.021, then it should cost $1,216,849 x 3.021 = $3,676,100 to build the same building.
The cost index is used to adjust inflation, since costs tend to increase a little every year, you need some type of index to compare costs over different periods of time.
Jamal is being a <u>team player</u> by sharing credit for the idea.