Damages for breach, reasonable attorney fees and costs are the course of action which a party in contract would have.
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What is attorney fees?</u></h3>
- Attorney's fee is a term used mostly in the United States to describe payment for legal services rendered for a client, whether in or out of court.
- It could be a flat-rate, hourly, or contingent charge.
- According to recent studies, lawyers who charge flat fees as opposed to hourly rates put in less effort for their clients and produce worse results. In a court case, attorney fees are distinct from fines, compensatory and punitive damages, and (apart from in Nevada) from court costs.
According to the "American norm," unless there are special statutory or contractual rights, the losing party in a dispute often does not pay the winning side's legal fees.
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Answer:
variable costs of $45,500 and $33,000 of fixed costs
Explanation:
The computation of the variable cost and the fixed cost is shown below:
The fixed cost is $33,000
And, the variable cost is
= 39,000 ÷ 6,000 units × 7,000 units
= $45,500
Therefore variable costs of $45,500 and $33,000 of fixed costs
Hence, the same is to be considered and relevant
Answer:
$370,440
Explanation:
The computation of the working capital is as follows:
As we know that
Working capital = Current asset - current liabilities
where,
Current Assets is
= Total current assets - purchase of an equipment - salaries - borrowed amount
= $658,000 - $2,000 - $560 + $80,000
= $735,440
And, Current Liabilities is $365,000
So, the working capital is
= $735,440 - $365,000
= $370,440
Answer: a) 1
b) yes marginal rate of substitution is less than the relative price
c) 2.00
Explanation:
a) Raul’s marginal rate of substitution is 1 because he is only willing to trade 1 cal card for 1 additional Nolan card
b) Raul’s marginal rate of substitution is Mc/Mn = 1 However, the relative price of a Cal Ripken card is Pc/Pn = $24/$12 = 2.00. Since the marginal rate of substitution is less than the relative price, Raul can make himself better off by selling 1 Cal card and buying Nolan cards.
c) His marginal rate of substitution must be equal to the relative price; the relative price rule holds that says that Mc/Mn = Pc/Pn. From b above we know that the relative price is 2.00, Raul's marginal rate of substitution must also be 2.00.
Answer:
(A) It encourages managers of departments with high ROIs to invest in average ROI projects.
Explanation:
The full form of ROI is Return of investment. Generally, ROI is used by different organizations to find out the profit from the expenditure. By using the concept of return of investment the organization can save money as well as time.ROI also helps to explore and measure potential returns on various investment opportunities
Therefore answer is a.
