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White raven [17]
3 years ago
11

Powder room mess. for $300,000, willis agrees to build a new home for robert, who is very picky. willis builds the home to rober

t's specifications with one exception. the faucets and linoleum flooring in an upstairs powder room are not exactly what robert specified. that was a mistake on willis' part, but he had not intentionally failed to follow specifications. when robert sees the powder room, he goes ballistic and tells willis that he will not pay willis anything for the house. it will take $300 to put in correct faucets and linoleum. willis says that he is willing to pay $300 to put robert in the position he would have been in had the correct faucets and linoleum been used, but that is all he is willing to pay. willis' offer to put robert in the position he would have been in had the proper faucets and linoleum been used is based on the measure used for what type of damages?
Business
2 answers:
storchak [24]3 years ago
6 0

Answer:

<em><u>The answer is</u></em>: <u>Compensatory Compensation for Damages and Damages.</u>

<u />

Explanation:

Compensation for damages directly compensates the victim for significant losses suffered. Most jurisdictions allow to seek compensatory and non-compensatory reparation. However, only compensatory reparation indicates a monetary restitution for economic damages or damages.

<em><u>The answer is</u></em>: <u>Compensatory Compensation for Damages and Damages.</u>

irga5000 [103]3 years ago
5 0

These types of damages are called “Compensatory damages”.

<span>Willis breached the contract but the breach was not material. So as a way to compensate for the damages Willis have made, he offered instead to pay $300 to put the correct faucets and linoleum in the powder room.</span>

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When workers stop working until management meets certain conditions, the event is called a _______?
TiliK225 [7]

When workers stop working until management meets certain conditions, the event is called a Strike.

Strikes are usually performed by the workers to put their unfulfilled demands in front of the management and workers intent to continue the strike until their demands are fulfilled or other remedies are given which satisfy the workers.

Hence the correct answer is <u>Strike</u>


5 0
3 years ago
What are invoices?????????????
Andru [333]

Answer:

D

Explanation:

Invoices are documents that convey purchases.

3 0
3 years ago
Read 2 more answers
An auto insurance company is implementing a new bonus system. In each month, if a policyholder does not have an accident, they w
andrey2020 [161]

Answer:

50,400

Explanation:

Using application of total expectation, E;

N= Number of policy holders who have zero accidents in one month

P= Probability

N|Low = 400

N|High=600

P|Low=0.9

P|High=0.8

Therefore E = (N|Low*P|Low)+(N|High*P|High)

E=(400*0.9)+(600*0.8)

E=360+480

E=840

Then Total bonus for the year B

B= E*12*5

B=840*12*5

B=50,400

7 0
3 years ago
The following information is available regarding the total manufacturing overhead of Molsen Company for a recent four-month peri
Sonja [21]

Answer:

$198,000

Explanation:

Calculation to determine what the total manufacturing overhead estimated for August is

First step is to calculate the Variable element

Variable element=($198,000 - $153,000)/(110,000 - 80,000)

Variable element=$45,000/30,000

Variable element= $1.50

Second step is to calculate the Fixed element

Fixed element=$198,000 - ($1.50 x 110,000)

Fixed element=$198,000-$165,000

Fixed element = $33,000

Now let compute total manufacturing overhead

Total manufacturing overhead=$33,000 + ($1.50 x 110,000)

Total manufacturing overhead=$33,000+$165,000

Total manufacturing overhead= $198,000

Therefore Using the high-low method, compute total manufacturing overhead estimated for August is $198,000

6 0
3 years ago
On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café t
Serhud [2]

Answer:

On her way to office, Mandy bought a cup of cappuccino from a newly opened café. She loved the drink, and recommended the café to her colleague. In the given scenario, Mandy's recommendation is an example of <em>Word-of-Mouth advertising which is an unpaid form of promotion in which, satisfied customers tell other people how much they like a business, product or service. Word-of-mouth advertising is important for every business, as each happy customer can steer dozens of new ones your way.</em>

Explanation:

Word-of-mouth marketing (WOM) is an age old marketing technique that has stood the test of time to remain the most effective form of marketing. It is a powerful asset in our line of work which retains its influential power on the purchase behaviour of customers because it is based on trust, piques people's interestand and gets people talking.  

It is also called word of mouth advertising which is incorrect because, by definition, advertising is a paid and non-personal communication.

There are different word of mouth marketing techniques that may used when something is done or created unique are:

- Set up word of mouth triggers.

- Use visual triggers as emotional provocation.

- Encourage user generated content.

- Positive WOM is to provide information for consumers which highlights the strengths of a product or service and encourages consumers to adopt a product or service.

- Push ratings and reviews hard: about 62% of consumers search online for reviews and information before purchasing a product and a whopping; 90% believe brand recommendations from friends; 28% of consumers say word of mouth is the most important factor in strengthening or eroding brand affinity.  

Marketing executives considered mouth to mouth to be the most effective form of promotion and indicated that they believe word of mouth is the most effective form of marketing.

7 0
3 years ago
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