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d1i1m1o1n [39]
3 years ago
13

Velma contracts with Gordon, who agrees to build a stone retaining wall and French drain on her property. The wall and drain are

necessary to prevent erosion of her land, which is falling into the creek on her property at a rapid rate. If Gordon breaches the contract by failing to get to work, Velma is under a legal obligation to
Business
1 answer:
dlinn [17]3 years ago
7 0

Answer:

Mitigate her damages.

Explanation:

In this scenario, Velma contracts with Gordon, who agrees to build a stone retaining wall and French drain on her property. The wall and drain are necessary to prevent erosion of her land, which is falling into the creek on her property at a rapid rate. If Gordon breaches the contract by failing to get to work, Velma is under a legal obligation to mitigate her damages.

Velma has the legal rights and responsibilities to make sure she does anything humanly possible to reduce or lessen the damages to her property.

She could sue Gordon for not getting to work or failing to start work thereby causing more damage.

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The goal of channels of distribution is to move products from producers to
Delvig [45]

Answer:

Final consumers

Explanation:

The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.

7 0
4 years ago
Last winter, your service fraternity volunteered at an elementary school in a lower income neighborhood in your city. You notice
sesenic [268]

Answer:

A) Persistent.

C) Hard-working.

D) Creative.

Explanation:

In the given situation, it is mentioned that an individual wants to start a business that deals in hats and mittens so the needs of the children could be fulfilled. But for that,  we need to find out a cofounder that should be have following traits and characteristics

a. Persistent: The person should be trying his best o achieve it rather than escape from it

b. he should be hardworking so that every child's need could be fulfillled

c. He should be creative or we can say who bring innovative ideas to the firm so that the people get attracted to the company products so that the sale of the firm could rise up

6 0
4 years ago
Which of the following is an example of how high student loan debt can
irina [24]
A person may choose to rent instead of buying a property as they can't afford a down payment
6 0
1 year ago
A house is for sale for $250,000. You have a choice of two 20-year mortgage loans with monthly payments: (1) if you make a down
Alex73 [517]

Answer:

The effective annual rate of interest on the additional $25,000 borrowed on the first loan is 12.95%

Explanation:

the loan amount is $250,000 and the period is 20 years.

1.

down payment of $50,000 and the interest rate is 6% per annum

the loan amount = $250,000 - $50,000

                            = $200,000

period = 20*12

           = 240 months

rate = 5%/12

       = 0.4167% per month

monthly payment = $1,319.91

difference between the payments in 1 and in 2 = 1611.97 - 1319.91

                                                                               = $292.06

additional down payment is $25,000

2.

down payment of $25,000 and the interest rate is 6% per annum

the loan amount = $250,000 - $25,000

                            = $225,000

period = 20*12

           = 240 months

rate = 6%/12

       = 0.5% per month

monthly payment = $1,611.97

difference between the payments in 1 and in 2 = 1611.97 - 1319.91

                                                                               = $292.06

additional down payment is $25,000

the effective annual rate = [(292.06/25000)*12]*100

                                         = 12.95%

Therefore, The effective annual rate of interest on the additional $25,000 borrowed on the first loan is 12.95%

8 0
3 years ago
A portfolio's return is the weighted average of each individual investment's return. However, a portfolio's risk is not the weig
vagabundo [1.1K]
False
Explanation
Because it didn’t have a standard weight and it was average
8 0
3 years ago
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