If the previous year did not see more than a five percent increase in these costs, there is no change in the rent, the clause will be the Escalator clause.
<h3>What is a clause?</h3>
It's a particularly precise clause in a legal agreement that refers to a key point of agreement between the contracting parties. A clause establishes the terms wherein the parties will conduct during the terms of the contract.
Terminology in a sales contract that raises your purchase price by a specific amount above competing offers till the offer reaches its maximum price you're ready to pay is called an escalation clause.
This will help to enhance the appeal of an offer, it also informs the seller of the exact amount you're willing to spend. This will also help to negotiate on price to make the deal close.
Therefore, the correct answer will be the Escalator clause.
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Answer:
quality when quality cannot be easily judged
Explanation:
Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.
Answer:
The correct answer is D
Explanation:
Specific identification method of inventory is the method which helps in finding the ending cost of the inventory. And this method need the detailed physical count, as it helps the company in making or knowing how many goods brought on particular dates which is remained at the end of the year inventory.
Under this method, the companies which could adopt this method, are antique shop, farm implement dealership and music store.
Answer:
- Used its fixed assets more efficiently.
- Had a greater increase in sales relative to its fixed assets.
Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.
WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.
IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.
Answer: Find the explanation below.
Explanation:
I would use an Unstructured Interview to hire my new employees. This is a less rigid form of interview that allows the interviewer to gain a deeper knowledge of a prospective employer.
My rationale and the expected effect on my business:
Unlike the structured interview, it deals with open-ended questions that are highly flexible. I would have the opportunity to truly understand my potential employees and see if they have the qualities I seek for my business growth. For my business, I need smart, honest, articulate individuals who can easily adapt and show understanding of situations. I would present different work scenarios and ask about their reactions to them. This would help me understand their personalities.
My concern about this interview approach is that it may take a lot of time to probe my candidates so as to determine their honest opinions on my questions.
