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CaHeK987 [17]
3 years ago
9

Why is net income lower than gross income?

Business
1 answer:
Rudik [331]3 years ago
4 0
Because net is after costs are taken out of gross income
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If General Contracting is sued by Rockville for refusing to complete the job, General Contracting can have the contract discharged on an impracticability basis.

<h3>What would make a contract impractical?</h3>

When parties to a contract agree to a contract that based on normal circumstances and due course, and one party discovers that they cannot complete the contract based on unforeseen circumstances, the contact can be ruled impractical.

General Contracting could not foresee the solid granite foundation and so they could not have known they would pay so much to complete the project. The contract can therefore be impracticable.

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If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave
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3 years ago
At a point when Robin Corporation has been in existence for six years, shareholder Ted transfers real estate (with an adjusted b
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