An agreement to settle a debt for less than the sum claimed is referred to as?

1 answer:

fomenos3 years ago

7 0

An agreement to settle a debt for less than is owed is called an Accord and Satisfaction. this is because the accord is the original debt, and the term for the re-structured settlement. The satisfaction is the actual payment of that debt. Therefore, accord and satisfaction could be re-written as new agreement and payment.

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Mark and rasheed are at the bookstore buying new calculators for the semester. mark is willing to pay $75 and rasheed is willing

Rom4ik [11]

The correct answer is $45

Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 ( $75 - $65 = $10 ) and Rasheed is willing to pay $100 ( $100 - $65 = $35 ) for a graphing calculator. The price for a calculator at the bookstore is $65. Their total consumer surplus ( $10 + $35 = $45 ) is $45

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3 years ago

A pattern of relationships and accountability between a superior and his or her subordinates is established by the process of:

crimeas [40]

Delegation of Authority

The delegation of authority is having upper level management funnel tasks and information through their chain. Delegation is assigning someone below them (usually) a task to complete.

Often the delegation of authority looks like this:
Top level management
Middle level employee
Low level employee
Operating level employee

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3 years ago

Which of the following teams is more likely to be made up of employees from about the same hierarchical level but different work

statuscvo [17]

Answer:

C) cross-functional

Explanation:

Aa per the teams that are made up of the different department of work the cross-functional team will be one that is most likely to be from the same hierarchy level of a flat organization but shows a mix of the finance, IT, human resource and telecom, etc, working towards a common goal.

Have a high level of groupthink and periodicity and have a greater depth of information and work in a collaborated form may use, multiple channels

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3 years ago

Otion Inc. is a relatively new firm in the consumer electronics industry. The company's primary objective is to become the marke

muminat

Answer:

C) Internal production systems that could reduce costs by 30 percent below the current industry standards

Explanation:

VRIO can be defined as the tool used to analyze a firm’s internal resources and capabilities in relation to them being a source of sustained competitive advantage. It purports that organisations have to look inwards for development of competitive advantage.

VRIO is an acronym for a the four qualities that must be possessed if internal competencies must produce competitive advantage: Value, Rarity, Imitability, and Organization.

Hence in the case of Otion Inc, the right resolve and direction is its internal production systems being able to reduce costs by 30% below industry standards.

The key word is internal.

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3 years ago

If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is

dalvyx [7]

If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is equal to the principal value of the bond. Option B. This is further explained below.

Generally, a Bond is simply defined as fixed-income investments such as bonds that reflect a loan from an investor to a borrower, often a corporation or the government.

In conclusion, In this case, the bond's market value will be equal to the principal value of the bond. if the bond's effective yearly yield is equal to the bond's coupon rate