Answer:
b. discharges the employer from the contract.
Explanation:
When an employee enters a contract with the employer there is an agreement that the employee will perform their duties effectively (in this case Emma as a billing manager) and the employer is obligated to pay her for services provided.
If Emma is failing to meet his obligations by being absent from work and even when present fails to adequately do her job, the employer is also discharged from his agreed duty on the contract.
Emma's actions discharges the employer from the contract.
Answer:
C. Under-capitalized
Explanation:
Tier Capital/Risk-weighted assets = (90 million + 70 million)/2,017.6 million
= 7.93%;
Tier 1 Capital /Risk-weighted assets = 90 million /2,017.6 million
= 4.46%;
Tier Capital/Total assets= (90 million + 70 million)/2,522 million
= 6.34%.
The first ratio puts the bank in the undercapitalized zone.
Answer:
To increase its revenue, transit authority should lower the fare.
Explanation:
The 'elasticity of demand' measures the change in consumers response in quantity he demands as a result of the change in price, other factors remaining same.
A product is called elastic if with the increase or decrease in price, there is a drastic change in the quantity demand of the product. If the transit authority will lower its fare, then their revenue will increase as the elasticity of demand for bus trip is 1.2. By lowering the fare, the demand would increase and their revenue will increase.
The statement III Aggregate plans often perform planning for fictitious/abstract products.
Combination-making plans refer back to the method of developing, retaining, and reading the approximate scope of the operations of a commercial enterprise corporation. It commonly includes targeted profits forecasts, stock stages, and manufacturing levels.
Aggregate planning is typically finished 365 days into the destiny. a few examples of combination making plans are hiring short people, shedding employees for a selected period, or bypassing education. This works as a powerful benchmark for diploma beneficial resource utilization and implementation.
The time period mixture means that the making of plans is completed for a single traditional measure of output or, on the maximum, a few aggregated product lessons. The purpose of aggregate planning is to set traditional output ranges within the near medium destiny in the face of fluctuating or unsure needs.
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Answer:
Option (D) is correct.
Explanation:
Asymmetric information occurs in a situation in which one of the two parties involved in a particular transaction have more information than the other party. This problem mostly occurs in a health insurance market where the a person to be insured have more information about his health than the insurance company.
Asymmetric information will result in two problems are as follows:
(i) Adverse selection
(ii) Moral hazard
