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
klasskru [66]
3 years ago
15

Henry is a landlord renting an apartment to​ Steven, a student at a nearby university. The two enter into a​ one-year lease arra

ngement. Steven vacates the apartment after six​ months, notifying Henry that he has vacated and intends to pay no further rent. Henry makes no attempt to rent the apartment during the next six month period and sues Steven for the full amount of the lease contract at year end.​ Henry's damages will likely be reduced because he failed to​ _________.
Business
1 answer:
Sindrei [870]3 years ago
3 0

Answer:

Mitigate his damages

Explanation:

By law, mitigation involves making effort to reduce losses. Now, an individual claiming damages or losses due to break in contract or a wrongful act by another individual has a duty under the law to mitigate those damages. That is to say, the plantiff is under a duty under the law to reduce the loss by taking advantage of any opportunity arising that may help.redice the losses or damages. However, in this case, the plantiff, who's the landlord Henry did not mitigate the loss by not attempting to or renting the accommodation out for the remaining six month. Thus, the damages would likely be reduced because he failed to mitigate his damages as he should have done as required under the law.

You might be interested in
Floor plan loan is a type of short-term loan to finance high priced inventory in which the purchased inventory is placed as coll
topjm [15]

Answer:

Consider the following explanation.

Explanation:

1. True. It is generally seen in the automobile market. The purchased inventory serves as the collateral for the loan.

2. True. The higher capital provides support for the continued solvency of these comapanies.

3. False, The federal reserve has the right and authority to regulate finance companies.

4. This statement is true.

5. True. They also charge higher interest rates than banks for bearing the risk of poor credit of these borrowers.

5 0
3 years ago
When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relat
lbvjy [14]

Answer:

When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relations and employee happiness, he is refuting ideas championed by <u>Henri Fayol's administrative management.</u>

Henri Fayol's administrative management usually looks at the clear decision of labor, work ethics, employee and organizational culture and spirit. It stresses upon how employee social relations and employee happiness is crucial to the success of an organization.

8 0
3 years ago
LO 1.4How can having a bonus system based purely on sales goals create an environment that encourages unethical behavior?
ValentinkaMS [17]

Answer:

Sometimes sales representatives could be able to tell lies, steal customers from other coworkers, get customers in an inappropriate way.

Explanation:

There will always be the possibility of a behavior aimed at financial obsession by the sales representatives involved in the bonus process.

It is important to consider how excessive greed could have a fundamental role to play improperly against the rest of the team of the sales force; Therefore, it is an incentive that while on the one hand, it could be very beneficial for the company by offering the possibility of a significant increase in the company's sales.

On the other hand, it is necessary to consider the possible problems of deception and greed that could be presented among the fellow sales representatives. In my opinion, this should be an activity that needs to be monitored very closely in order to be highly beneficial for the group in general.

3 0
3 years ago
Suppose that the marginal propensity to consume in Frugalia is 0.60. The government of Frugalia enacts a stimulus program that i
fgiga [73]

Answer:

option (c) $25 million

Explanation:

Data provided in the question:

The marginal propensity to consume in Frugalia, MPC = 0.60

Increase in spending = $10 million

Now,

The total increase in income

= \frac{\textup{1}}{\textup{1-MPC}}  × Increase in spending

on substituting the respective values, we get

= \frac{\textup{1}}{\textup{1-0.6}}  × $10 million

=  \frac{\textup{1}}{\textup{0.4}}  × $10 million

or

= 2.5 × $10 million

or

= $25 million

Hence,

The answer is option (c) $25 million

5 0
3 years ago
Fenway Electronics produces video games in three market categories: commercial, home, and miniature. Fenway has traditionally al
Ivenika [448]
THAT LINK IS A VIRUS DO NOT GO TO IT ALL LINKS ARE VIRUSES and also if you go to “goggle” you should see a camera icon on the top right and take a picture of the question and maybe get the answer there
8 0
3 years ago
Other questions:
  • Susan is creating a spreadsheet and she needs to enter the days of the week in column A.Susan should ?
    13·1 answer
  • Nike targets professionals and consumers with innovative shoes and apparel for running, basketball, soccer, tennis, skateboardin
    9·1 answer
  • Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially dis
    12·1 answer
  • Why does a diverse and inclusive workforce benefit a firm supporting a global market?
    15·1 answer
  • only a monopolistically competitive firm operates at its efficient scale. both a perfectly competitive firm and a monopolistical
    9·1 answer
  • The following expenditures are made during the current year: January 1, $30,000; July 1, $290,000; September 1, $800,000; and De
    10·1 answer
  • Assume that market and book values are equal for current assets, current liabilities, and debt and other long-term liabilities.
    5·1 answer
  • Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income tax
    7·2 answers
  • Taylor's nominal income is $50,000 per year in Acity where the cost-of-living index is 200. Taylor is considering accepting a si
    7·1 answer
  • Why target market trade is executed
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!