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balu736 [363]
3 years ago
7

While George travels for two months, Mary agrees to housesit and care for George's three horses at her stables. The parties agre

e that Mary will pick up the horses on the first day of George's trip, and George will pay Mary when he returns. George returns home from his travels and finds that Mary never picked up the horses. George sues. What will be the likely result?
Business
1 answer:
Dmitry [639]3 years ago
7 0

Answer:

The answer is: George will win the lawsuit

Explanation:

George and Mary had a legal binding contract, in which each party agreed to:

  • Mary agreed to pick up George's horses and care for them during his two month trip.
  • George agreed to pay Mary for her work as horse keeper.

If Mary breached the contract by failing to perform her part, George is entitled to sue her.

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Jon was hired as a new manager and worked closely with Christine, a supervisor who had worked for the company for over a decade.
postnew [5]

Answer:

i. The training method was on-the-job training.

ii. Christine's performance error was stereotyping.

Explanation: On-the-job training is a learning process in which a worker is trained on how to perform certain tasks by actually doing those tasks, where an experienced colleague, supervisor or manager will usually serve as the trainer.

Stereotyping is the act for generalizing a particular category of people, it is having an expectation of a person or group of persons that they might behave or act in a certain way.

Christine in the scenario above, has ranked Jon using a stereotype that he is young new to the job, therefore that is the reason why he did not perform well or up to standard.

6 0
3 years ago
A government bond with a coupon rate of 5% makes semiannual coupon payments on January 7 and July 7 of each year. The Wall Stree
Morgarella [4.7K]

Answer:

The value of the bond is 1,003.8771 after subtracting the accrued interest to the market value of the bond.

Explanation:

From the amount provide by the Wall Street Journal there are two component, the bonds value and the interest accrued over time.

we should calcualte the interst and subtract to get the bond value:

principal x rate x time = interest

rate and time should match, so the 5% rate should be convert into a 2.5% rate and we express time as portion of 182 days:

1,000 x 0.025 x (22-7)/182 = 2,060439 = 2.060439 interest

1,005.9375 - 2.0604 = <em>1,003.8771</em>

5 0
4 years ago
company has bonds outstanding with a par value of $110,000. The unamortized premium on these bonds is $2,585. If the company ret
mote1985 [20]

no pain no gain as it is used in freddie mercury movie

7 0
3 years ago
Curtiss Construction Company, Inc., entered into a fixed-price contract with Axelrod Associates on July 1, 2016, to construct a
Anika [276]

Answer:

Please see attached solution

Explanation:

Please find attached detailed solution to the above questions ; 1 , 2 and 3.

4 0
3 years ago
A contingent liability which should be disclosed on the balance sheet but does not require footnote disclosure. (true/false)
expeople1 [14]

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.

<h3>What is contingent liability?</h3>

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.

When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.

To learn more about contingent liability refer to:

brainly.com/question/17371330

#SPJ4

4 0
1 year ago
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