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irga5000 [103]
3 years ago
7

Assume that Dr. Early is an independent contractor for Pharzime, and Dr. Early sells the hospital 1,000 Gensol tablets. Pharzime

does not deliver on time, and the hospital sues Dr. Early for the breach of the contract. Dr. Early is found liable for $10,000 worth of damages. Dr. Early will probably be able to recover the $10,000 from Pharzime, because of the concept of:
Business
2 answers:
siniylev [52]3 years ago
5 0

Answer:

indemnification

Explanation:

Indemnification is a concept that shifts risk from one party to another.

In indemnification, thehe corporation may advance to or reimburse directors for the expenses and liabilities they incur as a result of their corporate decision making.

This only applies to directors and officers, not shareholders.

I am Lyosha [343]3 years ago
5 0

Answer:

Indemnification

Explanation:

Dr Early is protected under the concept of indemnification clause , Indemnification is an agreement between two or more trading parties where one party agrees to cover up for the losses that the other party might incur in the course of business transaction , resulting from the negligence or a breach of agreement on the side the paying party

It has to be well defined , understood and endorsed by the parties at it becomes legally binding

With this in place , risks are better managed in the course of a contract

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Some of the advantages of a functional project where the project is housed in a functional division include which of the followi
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Answer:

The correct answer is b. A team member can work on several projects.

Explanation:

Generally, there is a group of personnel who carry out repetitive tasks and can take over their functions without jeopardizing an improvement that is attempted. For this reason, the person in charge of the project can carry out several implementations without jeopardizing the normal development of the tasks, which allows covering broadly several areas and introducing best practices almost at the same time.

5 0
3 years ago
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Ivan
Alona [7]

Answer:

Requirement: Prepare the entry to record the sales transactions and related taxes.

1.   Date      Account Titles and Explanation     Debit     Credit

   Apr. 10   Cash                                                 $30,975

                        Sales Revenue                                          $29,500

                        Sales Tax Payable                                     $1,475

                 (To record Cash sales along with sales tax)

2. Date      Account Titles and Explanation    Debit     Credit

   Apr. 15   Cash                                                 $18,530

                        Sales Revenue                                          $17,000

                        Sales Tax Payable                                     $1,530

                  (To record Cash sales along with sales tax)

<u></u>

<u>Workings</u>

- Total Sales along with sales tax = $18,530, Sales Tax Rate = 9%. Sales Tax Amount = 18530*(0.09/1.09) = $1,530

- Sales Without Sales Tax = $18,530 - $1,530 = $17,000

7 0
3 years ago
What does pito mean kids said i look like a pito
Drupady [299]
In Spanish or in what


Cause if it’s in Spanish you don’t wanna know
7 0
2 years ago
Read 2 more answers
Which phrase best completes the list?
Jobisdone [24]

Answer:a

Explanation:

8 0
3 years ago
What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
Serggg [28]
<h3>Answer</h3>

To address employees concerns and provide details about relocation.

<h3></h3>

Explanation

CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.

CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.

<h3>Conclusion</h3>

Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.

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6 0
2 years ago
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