Answer:
$15 million
Explanation:
Franklin Construction
Construction costs incurred $54,000,000
Less total estimated costs ($44+$27) $69million
The anticipated loss $15 Million
Franklin will recognize anticipated gross loss of $15 million in the first year if it recognizes revenue over time according to percentage of completion method which is ($54 million contract price less total estimated costs of $69million)
The type of marketing channel that this represents is direct.
This means that there are no intermediaries between the seller and the consumer. This local store buys the goods, and then sells it to the buyers itself - there is no third-party retailer or dealer which is going to do that for the local store - that would be indirect marketing, which is something this is not.
The importance of planning ahead of disaster like internal threats is that being prepared is always a good sign. If you don’t plan ahead of time serious problems can occur and people could be put in danger.
Answer:
The correct answer is: No, he may not recover his money in court.
Explanation:
To begin with, due to the fact that this type of purchase is prohibited by law in the state then the even thought that the company agrees to return the money back the court will charge him a quite expensive bill because he broke the law so the money he paid will not be fully recovered indeed. Moreover, the court will state that the buyer must have acted with responsibility and that is that, at the time of buying something the buyer must gather information about it in order to know if it is legal or not, therefore that acting with that responsibility the buyer will not have a defense in order to recover his money.