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steposvetlana [31]
3 years ago
5

James hires Franco for a painting job. Their contract explicitly states that​ Franco's employment can be terminated if he is emp

loyed by another party during the contract period. Two weeks into the​ job, James finds out that Franco is also working for a painting agency two blocks away and terminates his employment. This is an instance of​ ________.
Business
1 answer:
brilliants [131]3 years ago
8 0

Answer: condition subsequent

                                         

Explanation:  A condition subsequent is an incident or set of circumstances that bring something to a conclusion. A subsequent circumstance is being used as a symbol in a legal sense to put an end of one's constitutional rights or responsibilities.

This generally occurs when someone do anything illegal or unethical in the eyes of law. In the given case, Franco got employed by some other party although he had a contract with James that he cannot do that. Hence we can conclude that the given case depicts condition subsequent.

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A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to
MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

FV=PMT*\frac{(1+i)^n-1}{i}

where:

FV= future value   = $220,000

PMT = periodic deposits required = ???

i = effective  interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also  calculate the effective interest rate

Effective interest rate = (1+\frac{r}{m}) ^m-1

where; r = 12.5% = 0.125

(1+\frac{0.125}{12})^{12} -1

= 0.1324

Interest rate per period = \frac{0.1324}{4}

= 0.0331

Then;

220,000=PMT*\frac{(1+0.033)^8-1}{0.033}

220,000 = PMT × 8.986

PMT = \frac{220,000}{8.986}

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore,  $ $24,602  must be deposited every three months

3 0
3 years ago
In order to have the greatest​ impact, the marketing team may often use​ ________________ tactics to give sponsorship programs a
Georgia [21]

In order to have the greatest​ impact, the marketing team may often use​ public relations tactics to give sponsorship programs a boost. Public relations is also abbreviated to PR, those that work in the PR department are in charge of maintaining a relationship with the public and the company they work for. There must also, always be a professional level maintaned to keep the company's image in the right light.

5 0
3 years ago
A consumer's ________ is identified partly by what that person considers important in her environment and what she thinks of her
Sliva [168]

A consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.

<h3>What is consumer life style?</h3>

This refers to characteristics consumer possess, which is a reflection of certain behaviour. The lifestyle patterns provide broader views about the consumers.

The components of consumer life style are :

  • Activities
  • Interests
  • Opinions

Therefore, a consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.

Learn more about consumer life style here: brainly.com/question/24438632

7 0
2 years ago
Argue why are Treasury bills a favorite place for financial managers to invest excess cash, as compared to other options? Your a
Maurinko [17]

Treasury bills are a favorite place for financial managers to invest excess cash because of the sizable and vibrant market in which they are traded.

<h3>What are treasury bills?</h3>

Treasury bills are referred to as short-term securities issued by the government when they require cash. In comparison to their face value, bills are offered at a discount.

As a result, the investor can choose any term from one day to a year, literally defining the desired maturity. Maximum liquidity is offered by the "T-bill" market, which may take on practically any volume of activity.

Learn more about Treasury bills, here:

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5 0
1 year ago
What college should I got to, to become a singer/songwriter? i live in Oklahoma, if it helps.
netineya [11]

Answer:

Florida State. I'm a singer and they offer a surplus of aid toward my music career.

Explanation:

7 0
3 years ago
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