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loris [4]
4 years ago
14

You are the founder and CEO of Home Water Designs, Inc., a company that custom designs and builds expensive residential pools. Y

ou only use the best components, and receive all of your concrete for building pools from Jake, a concrete supplier. Jake has reliably delivered high quality concrete to you for nearly ten years. Jake has learned that your demand for concrete varies, and has customized his business to ensure response to your orders. In response to a wealthy client's quick demand for a new pool, you ask Jake for a fast delivery of 500 bags of concrete. Jake agrees to deliver, but due to a rare disruption in his own supplies, he is only able to deliver 400 bags on time. As a result, your wealthy client is disappointed with your work, and you suffer some damages. Your attorney informs you that you have a possible claim of breach of contract against Jake. Considering the legal and business implications, discuss whether you should declare a breach of contract claim against Jake seeking damages.
Business
1 answer:
Harrizon [31]4 years ago
7 0
No you shouldn’t because it was a rare breach it scarcely happens so you should because it doesn’t happen all the time
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6 0
3 years ago
On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semi annually on June 30 and
pochemuha

Answer:

When the bonds are issued on January 1, 2021

Investment in Bonds $600,000 (debit)

Cash $600,000 (credit)

When the first interest accrues - June 30, 2021

Investment in Bonds $21,000 (debit)

Interest Income $21,000 (credit)

When the first interest accrues - December 31, 2021

Investment in Bonds $21,000 (debit)

Interest Income $21,000 (credit)

Explanation:

Construct the bond amortization schedule using the following parameters extracted from the question.

Pv = - $600,000

Pmt = ($600,000 × 7%) / 2 = $21,000

P/yr = 2

N = 10 × 2  = 20

Fv = $600,000

YTM = 7 %

5 0
3 years ago
You are evaluating the following two investment opportunities: Project A: This project requires $2,000 upfront, and pays you $50
Rainbow [258]

Answer:

The project A has a smaller IRR, and the project B is more attractive

Explanation:

Solution

Solve for Project A:

Now,

Let assume that the IRR be x

Hence,

The  Present Value of  Outflows of Cash Outflows= The Present Value of Inflows of Cash

Thus,

2000 =500/(1.0x) +500/ (1.0x)^2 +1200/(1.0x)^3    

Or  we say x= 4.223%

Therefore the IRR is 4.223%

For project B:

Let assume that the IRR  be y.

Thus,

The  Present Value of  Outflow of Cash = The Present Value of Inflow of Cash

so,

2000 =600/(1.0y) + 600/ (1.0y)^2  + 1000/(1.0y)^3

Or  we say, y= 4.498%

Therefore  the IRR is 4.498%

8 0
4 years ago
Which type of tax is also known as municipal tax? taxes at the level are known as municipal taxes. the two main components of th
Aloiza [94]

Municipal tax is also known as the property tax or house tax. The state collects taxes from a variety of sources, including inheritance taxes, natural resource forfeiture taxes, and gambling taxes, but the majority of its revenue comes from two sources: income taxes and sales taxes.

A good tax system must meet its five basic requirements: fairness, adequacy, simplicity, transparency, and manageability. Opinions differ on what constitutes a good tax system, but the general consensus is that these five elements should be maximized.

There are two types of taxes direct taxes and indirect taxes. Both tax implementations are different. Some are paid directly, such as damage income tax, corporate tax, and property tax, while others are paid indirectly, such as consumption tax, service tax, and value-added tax.

Learn more about Municipal tax here:

brainly.com/question/13887483

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7 0
2 years ago
A vertical aggregate supply curve Multiple Choice Implies that supply-side policies will have no effect on the macro equilibrium
Hoochie [10]

Answer:

Implies that aggregate demand shifts have no impact on output.

Explanation:

5 0
4 years ago
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