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Delicious77 [7]
3 years ago
13

Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina

signs a contract with Deepwater that is not performed. Estuary Marina files a suit against the firm. The court will likely hold that Deepwater is:
Business
1 answer:
evablogger [386]3 years ago
3 0

Answer:

a corporation by estoppel or de facto corporation.

Explanation:

A corporation by estoppel is when a person has dealings with a company like it is a corporation. Doing business with an estoppel coporation means that one has admitted that company as a coporation.

From, the question above, it can be seen thta Estuary marina dealt with deepwater dredging company as a corporation and that means that Estuary marina has admitted to Deepwater dredging as a corporation.

As a result of Deepwater dredging company's failure to perform tthe contract, the court can only hold that Deepwater Dredging is a corporation by estoppel or de facto coporation.

Cheers.

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What will be the effect on short-run price, quantity, and profit if a technological development reduces marginal costs in a comp
Studentka2010 [4]

Answer:

Price

The price in the short-run will decrease because with less marginal costs, producers would produce more goods and services which would shift the supply curve to the right. The new intersection with the demand curve will be at a lower price.

Quantity

As said above, producers would produce more goods and services which means that the quantity supplied will increase.

Profit

This is a competitive market. Each firm will earn zero profits because the drop in price will match the drop in marginal costs to ensure that firms are not making anything extra.

5 0
3 years ago
BRAINLIEST The process you use to make your business more successful is known as
lina2011 [118]

Answer:

Marketing assessment

Explanation:

Marketing assessment is the best process you can use to make a business successful in the long run because marketing assessment is the comprehensive assessment of all the potential and risks involved in a new or existing business idea or project that is to be undertaken by a business entity.

In marketing assessment the effects of external barriers like environmental forces, market trends, competition in the market, taxes involved in the running of the business and even the resources to make the business flourish is comprehensively covered in details.

Financial Management is part of the whole process and not the process of making a business successful on its own.

8 0
2 years ago
Explain why taking a monotonic transformation of a utility function does not change the marginal rate of substitution (MRS).
fredd [130]

Explanation:

Monotonic transformation refers to changing the quantity of both the variables in a way that their ranking or order is preserved. Monotonic transformation of a utility function does not change the marginal rate of substitution as the order of preferences remains intact with the monotonic transformation. It's just the level of utility that either increases or decreases with such a transformation. The indifference curve shape remains the same. With monotonic transformation, consumer moves from a lower to higher or higher to lower indifference curve.

7 0
3 years ago
Which of the following is not correct? Group of answer choices Natural monopolies are often subject to regulation. Public owners
alexandr1967 [171]

Answer: Public ownership is the most common and effective public policy toward monopolies in the United States

Explanation:

A natural monopoly is a monopoly that occurs as a result of the company having an economies of scale and also due to the huge amount of money required for its investment. These monopolies are subject to regulation.

Also, sometimes the best public policy toward a monopoly is to do nothing. Lastly, antitrust laws may prevent mergers that would actually raise social welfare.

Therefore, based on the question asked, the answer is option B.

8 0
2 years ago
In a company's SWOT analysis, which of the following is an example of a strength?
jasenka [17]

in my opinion C is the answer !

Explanation:

i hope u received !if it's correct then thAnk

3 0
3 years ago
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