1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A profit-maximizing entrepreneur rents an apple orchard for a day. He is a price taker in both the market for labor and the mark
yaroslaw [1]

Answer:

c. 5

Explanation:

L       Q     MPL (ΔinQ/ΔinL)    VMPL

4      52  

5      60              8                       80

6      66              6                       60

7      70               4                       40

8 72               2                       20

Note: Labour hired per day = L, Total product = Q, Marginal Product of labor=MPL, VMPL =Price*MPL

A firm will maximize the profit by increasing the number of labor as long as VMPL is higher than or equal to the wage rate. In this case, we observe that VMPL ($80)>wage rate ($75) for L=5 but VMPL ($60)<wage rate ($75) for L=6. So, the optimal number of labor to be hired is 5.

7 0
3 years ago
When is going to be why would you put money into saving account
OlgaM077 [116]
When I get a job and so you will have money set aside for when the government comes and takes everything you own.
4 0
3 years ago
Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use
Artemon [7]

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

3 0
3 years ago
What is a future consequence of making minimum payments each month?
Luden [163]

Answer:

A: a longer period in debt

Explanation:

Minimum payments are generally associated with credit card debts. A credit card allows the user to spend on credit. At the end of every month, the credit card company sends the customer a statement detailing the amount they owe. The statement shows the total outstanding amount and the minimum amount payable.

Paying the total outstanding amount clears the total credit card debt helping the customer avoid interest charges. Paying the minimum amount means the customer will have a balance carried forward to the following month, attracting interest charges.

Paying the minimum amount allows the user to continue using the credit card. There will be a balance carried forward and interest charges if only the minimum amount is paid. Due to the high-interest rates that credit cards charge, the debts increase exponentially. The cardholder will require a long time to clear the debts, which means that the interest charges and penalty amounts will be high.

6 0
3 years ago
Business-level strategy focuses primarily on a. which markets to enter and how to use the firm's money, people, and physical fac
Mrrafil [7]

Answer:

The answer is: B) the areas in which the firm may have an advantage and how much various organizational parts enhance each other.

Explanation:

Business level strategy deals with the business's position in the market relative to its competition and the forces of competition. This is why it focuses on the business's core competencies and how its customers's needs are satisfied. Stronger core competencies equal greater consumer satisfaction which equals larger profit.

3 0
3 years ago
Other questions:
  • In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
    6·1 answer
  • Crane, Inc. estimates the cost of its physical inventory at March 31 for use in an interim financial statement. The rate of mark
    6·2 answers
  • Francis Equipment Co. closes its books regularly on December 31, but at the end of 2017 it held its cash book open so that a mor
    15·1 answer
  • Bart sold a parcel of land for $21,000. He paid a real estate agent a commission of $1,500 for assisting with the sale. Bart had
    5·1 answer
  • A patent is an exclusive right to produce and sell a product for how long
    8·2 answers
  • At the beginning of the​ year, Swift,​ Inc.'s Work-in-Process Inventory account had a balance of $ 124 comma 000. During the​ ye
    10·1 answer
  • A decision at the marginVan is a hard-working college senior. One Thursday, he decides to work nonstop until he has answered 200
    10·1 answer
  • Daffodil Incorporated manufactures two types of vases, small and large. The following per unit data are available: Small Vase La
    10·1 answer
  • Boi, why am i alive.-
    6·1 answer
  • Turn company utilizes the lifo inventory method to calculate taxable income. which method is available to turn for financial rep
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!