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Nataly_w [17]
3 years ago
12

Marilyn sells her highly successful travel agency to Adelle. In the sales contract, Marilyn agrees never to open a travel agency

in the United States. Which of the following best describes this contract clause?a. Binding as fair protection.b. Unenforceable as a violation of public policy.c. Valid as a reasonable restraint on trade.d. Void as an illegal violation of a statute.
Business
1 answer:
vlabodo [156]3 years ago
8 0

Answer:B. Unenforceable as a violation of public policy.

Explanation: The contract which Marilyn entered with the buyer of her firm is Unenforceable as a violation of public policy. Under Normal public policy no one should be Prevented from going into any business once it is Legal and was done According to the laws of the land. In a capitalist Economy like the United States of America, private ownership of Businesses is encourage,if Marilyn finally opens a new travel agency,it will not be enforceable by the law to prevent her or stop her Business.

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This management theory assumes there is no one best way to manage?
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3 years ago
Ratio Calculations Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 5% R
Valentin [98]

Answer:

2.27% ; 61.54%

Explanation:

Given that,

Sales/Total assets = 2.2x

Return on assets (ROA) = 5%

Return on equity (ROE) = 13%

Therefore,

Return on assets = Profit margin × Assets turnover

0.05 = Profit margin × 2.2

Profit margin = 0.05 ÷ 2.2

Profit margin = 0.0227 or 2.27%

Percent of total assets is from equity:

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7 0
3 years ago
. For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual in
Zielflug [23.3K]

Answer:

Inventory cost will be $3

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So carrying and setup cost = $600

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So option (b) will be correct option

4 0
3 years ago
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