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anzhelika [568]
3 years ago
6

Vinny asks if he should force spud to finish the job. could oscar get a court order requiring spud to actually build the display

? yes, he was under contract to finish the display, so a court could order him to specifically perform. no, specific performance is an equitable remedy, and equitable remedies are never allowed in contract actions. no, specific performance is not allowed in this case because spud has another job. no, specific performance is not allowed in this case, only money damages. since spud cancelled on short notice, can oscar obtain punitive damages from him? no, since breaching a contract is usually held to be a business decision (not an act of moral turpitude), punitive damages are very rarely awarded in contract cases. yes, punitive damages are designed to punish, and are always available in contract disputes. yes, if oscar can show that spud made more money on the other job. yes, unless spud can prove that the other job was an emergency. if vinny finishes the job, a
Business
1 answer:
Lynna [10]3 years ago
5 0
The correct answers to the questions are as follows:
1. NO, SPECIFIC PERFORMANCE ARE NOT ALLOWED IN THIS CASE BECAUSE MONEY DAMAGES ARE AVAILABLE.
When a party to a contract refuse to fulfill the terms of a contract, there are two forms of punishments that can be imposed on such an offender. It is either the court force the offender to perform the tasks expected of him or he can be asked to pay financial fines, which represents the damages incurred as a result of abandoning his work. In the question given above, money damages option is available, so Spud does not necessarily have to be forced to complete the job.

2. The correct answer is this: NO, SINCE BREACHING A CONTRACT IS USUALLY HELD TO BE A BUSINESS DECISION [NOT AN ACTION OF MORAL TURPITUDE] PUNITIVE DAMAGES ARE RARELY AWARDED IN CONTRACT CASES.
Punitive damages are damages imposed by the court of law, which are targeted at differing an offender and others from engaging in conducts that are similar to that which formed the basis of the concerned lawsuit. Punitive damages are usually awarded if the court feels that the compensatory damages awarded is not enough to compensate the injured party. Punitive damages are only awarded in special cases and usually under tort law; punitive damages generally can not be awarded in contract disputes. 

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Currently at the moment the auto brands ford is making is of the following: Lincoln. Have a good day and I hope this helps you :D

7 0
3 years ago
Hard Nails and Bright Nails are competing nail salons. Both companies have the same number of customers. Both charge the same pr
NemiM [27]

Answer:

Option A is correct.

will earn a higher profit than Bright Nails

Explanation:

If sales of both saloons increases by an equal amount then Hard Nails<u> will earn a higher profit than Bright Nails. </u>

  • The strategy of Hard Nails is that it is paying it's manicurists on a salary basis i.e it is a fixed cost. If sales increases Hard Nails will not give any extra amount to it's manicurists.
  • On the other hand the strategy of Bright Nails is that it is paying it's manicurists on the basis of no. of customers they serve. So, if sales increases then it have to pay more amount to it's manicurists.
3 0
3 years ago
The great promise of exporting is that: Group of answer choices large revenue opportunities are often found in foreign markets.
DENIUS [597]

Answer:

large revenue opportunities are often found in foreign markets.

Explanation:

With regard to the promise made for an exporting purpose we get to know that there is a big opportunities with respect of generating high amount of revenue and the same could be founded in the foreign markets

Therefore as per the given situation, the above option represent the answer

and, the same should be applied

7 0
3 years ago
The average propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income.
Arlecino [84]

Answer:

The correct answer is: ratio of consumption to income.

Explanation:

The average propensity to consume is a measure to show the percentage of income that is spent on consumption of goods and services. It is calculated by the ratio of consumption and income.  

It can also be calculated as 1 - APS. Here, APS is the average propensity to consume which is the ratio of savings to income.

4 0
3 years ago
Belgacom pays out big dividends. Should its share price rise faster or slower than the share price of Google which doesn’t pay o
avanturin [10]

Answer:

Yes Belgacom share price should rise faster than google because Companies that pay dividends are seen as financially stable and they are popular among investors.

Explanation:

Dividends are issued from a companies retained earnings. therefore only companies that are profitable in a big way can issue dividends consistently.

Companies that offer dividends consistently are percieved by investors as financially stable companies. and they become attractive to investors.

When more investors buy stocks because of the dividend Belgacom pays, the stock prices increases.

Paying of dividend is a great way for a company to foster goodwill among shareholders, drive stock and also communicate financial stability. Dividends can be in form shares of stock, property or cash payments.

Therefore with the above points i have mentioned, it would be better to have Belgacom stock options.

8 0
3 years ago
Read 2 more answers
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