Answer:
C. <u>not valid because performance depends on Parsley's personal skills</u>
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.
Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B
<h3>What is a fixed and variable rate?</h3>
Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.
Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.
Learn more about interest rates:
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The answer is C they but at a discount, the entire issues of new security....
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000
To calculate Boone's unemployment rate you'll use the formula:
Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000
Finally, we are able to calculate the unemployment rate of Boone.
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
Answer: a) resources and relationships
Explanation:
Strength for any firm according to analysis is considered as the resources existence that help in functioning of organizational process and organizational relationship for strong and reliable customer base.It helps in innovation, improvement and strengthening firm against competition companies.
Other options are incorrect because product, consumer,capital, partnership and patents are not the factors that majorly impact strength of the organization.Thus, the correct option is option(a).
