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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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A $2,000 cash dividend is planned in 2019. No dividend was paid in 2018. 1,000 shares of 5% cumulative $10 par value preferred s
Irina-Kira [14]

Answer:

C) $1000

Explanation:

First lets calculate the cumulative preferred stock dividend for 2 years

(1000 * 10 ) * 5% = 500 / year

so for 2 years = $1000 since it is cumulative and not paid in one year is added to next year.

Total dividend payable = $2000

so for common stock whatever is left over is paid thus,

Common stock share = Total - Preferred cumulative = 2000 - 1000 = $1000

Hope that helps.

4 0
3 years ago
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6300, $11,300, and $
sladkih [1.3K]

Answer:

$27,642.86

Explanation:

To determine the price Marko will pay today to buy ABC Co, one has to find the present value of the cash flows.

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator.

Cash flow in year one = $6300

Cash flow in year two = $11,300

Cash flow in year three = $17,500

I = 11%

Present value = $27,642.86

To find the present value using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
3 years ago
A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of
makvit [3.9K]

Answer:

no thank u

Explanation:

3 0
2 years ago
The purpose of a balance sheet is to report the ______.
bagirrra123 [75]

Answer:

c. financial position of a business at a particular point in time

Explanation:

A balance sheet is a financial statement that shows the financial position of a business at a particular point in time. It lists the assets, liabilities, and owner's equity.

I hope my answer helps you

3 0
3 years ago
Assuming that the term structure of interest rates is determined as posited by the pure expectations theory, which of the follow
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Answer:

c. The maturity risk premium is assumed to be zero.

Explanation:

In the case when the term structure of the rate of interest would be measured via the pure expectations theory so here the maturity risk premium would be zero as under this theory it is assumed that the risk premium i.e. of the long term would be equivalent to the zero

Therefore the option c is correct

And, the rest of the options seems wrong

8 0
3 years ago
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