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Makovka662 [10]
4 years ago
13

Harry runs a small catering business. He takes care of most business activities on his own with the help of a few staff members.

He has a limited number of clients. Recently, one of the clients has claimed that Harry has failed to follow the terms and conditions of their business contract. The client is threatening to sue Harry for a breach of contract. Which crucial business function has Harry failed to perform?
A. finance
B. legal
C. human resources
D. marketing
Business
1 answer:
mafiozo [28]4 years ago
7 0

Legal.

Harry should have consulted with a small business attorney when creating the contract and agreeing to the terms. Now that there is threat of a lawsuit, Harry should consult an attorney to figure out how to proceed.

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Answer:

Common stock and $100

Explanation:

The journal entry is shown below:

Cash Dr $500   (100 shares × $5)

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(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased the assets and credited the common stock and additional paid in capital as it increased the stockholder equity    

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As you get older, a Target Date Fund will adjust by…
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Answer:

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Explanation:

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Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity. Both securities
uranmaximum [27]

The duration of Security P based on the info given will be 11 years.

<h3>How to calculate the time?</h3>

From the information given, Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity.

Therefore, the duration will be:

= (1 + y)/y

= (1 + 0.1)/0.1

= 1.1/0.1

= 11 years

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