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Misha Larkins [42]
3 years ago
5

To recover damages in a breach-of-contract case, the plaintiff must demonstrate that he used reasonable efforts to minimize the

damage resulting from the breach.
a. True
b. False
Business
1 answer:
Aleonysh [2.5K]3 years ago
5 0
It's is true wait yeah it's A true
You might be interested in
Journalize the following selected transactions of Miramax Rentals. Omit explanations.
alexandr1967 [171]

Answer and Explanation:

The journal entries are shown below:

On Aug 1

Inventory  Dr     $850

      To Accounts payable $850

(Being inventory purchased on account)

On Aug 8

Cash Dr     $125

      To Advance deposit a/c $125

(Being cash receipts is recorded)

On Aug 20

Accounts Receivable Dr $1250

         To Rental Revenue  $1250

(Being revenue is recorded)

On Aug 31

Utility expense Dr $180

       To Cash $180

(Being cash paid is recorded)

On Aug 31

Cash Dr $600

      To Accounts Receivable a/c $600

(Being cash received is recorded)

8 0
3 years ago
Which of the following activities of the central bank do not constitute monetary​ policy? A. Monitoring key stock prices. B. Mon
charle [14.2K]

Answer: Please refer to Explanation

Explanation:

1. A. Monitoring key stock prices.

This does not fall under what the Central Bank does when Monetary Policy is implemented. Monetary Policy allows the government to influence interest rates, monitor financial institutions and indirectly control money supply.

2. Low and predictable levels of inflation.

Under the mandate of PRICE STABILITY, the Fed aims to ensure low and Predictable inflation in the long run to preserve the purchasing power of money.

3. Management of interbank transfers.

The Fed monitors and manages Interbank transfers to protect the financial system.

4. Management of Macroeconomic fluctuations.

- The Fed just embarked on monetary policy to correct the Economy. This was a Macro Economic function as it dealt with the entire economy as a whole.

5. Regulation

The Fed acts as the regulator of Banks and ensures that they follow certain practices and rules to ensure the safety of the banking system and the money belonging to the people who put it there.

5 0
3 years ago
Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common
timofeeve [1]

Answer:

$1,615,000

Explanation:

total revenue for the year can be calculated by adding retained earnings (at end of the year) + distributed dividends + total expenses - retained earnings (at the beginning of the year)

total revenue = $350,000 + $90,000 + $1,500,000 - $325,000 = $1,615,000

7 0
3 years ago
Jolly Candies is a U.S.-based company that manufactures and distributes candy bars and snack foods globally. The company sources
Anon25 [30]

Answer:

suppliers

Explanation:

Task environment encompasses all external factors that are capable of influencing the business goals or operations of a company. These external factors include customers, suppliers, labor supply, competitors, special interest groups. Most play a major role in influencing the operations of a business, hence are duly considered by any business organizations.

The business relationship highlighted in the question above represents the suppliers dimension of the external factors or task environment, and it affects Jolly Candies operations since they rely on the raw materials supplied by South America Companies to produce candy bars and snack foods they supply globally.

4 0
3 years ago
in a typical balance of payments crisis part 2 a. the interest parity curve shifts out. b. the interest parity curve shifts in.
Wewaii [24]

In a typical balance of payments crisis part the interest parity curve shifts in. Capital exodus results from downward pressure on interest rates, whereas imports rise as income levels rise.

As a result, the exchange rate depreciates, moving the BP curve to the right. The I and Y combinations that result in balance of payments equilibrium are provided by the BP curve. A given domestic price level, a certain currency rate, and a specified net foreign debt are used to build the BP curve. When the capital account deficit equals the current account surplus, equilibrium has been reached. Interest rates between two countries must be equal for interest rate parity to persist in a fixed exchange rate regime.

To learn more about payments, click here.

brainly.com/question/15138283

#SPJ4

6 0
1 year ago
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