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
Vladimir79 [104]
3 years ago
14

Assume that three weeks before you and Lester are supposed to close your deal for the sale a twenty-acre tract of land, Lester c

alls you and says, "The deal is off!" In this situation, Lester's actions constitute:
a. substantial performance of the contract.
b. a reformation of the contract.
c. a discharge of the contract by novation.
d. an anticipatory repudiation of the contract.
Business
1 answer:
Margaret [11]3 years ago
8 0

Answer:

The answer is C

Explanation:

You might be interested in
Question text Calculating Accrued Interest Income on Promissory Notes Receivable Pickett Company received a 90 day, six percent
klasskru [66]

Answer:

$200

Explanation:

Given that

Note receivable = $20,000

Number of days given = 90 days

Interest rate = 6%

Calculated days from November 1 to December 31 = 60 days

Plus we assume the total number of days in a year is 360 days

So, the accrued interest income is

= Note receivable  × rate of interest × number of days ÷ (total number of days in a year)  

= $20,000 × 6% × (60 days ÷ 360 days)

= $200

5 0
4 years ago
You are a Geographic Information System (GIS) specialist who normally works at the Public Works Planning office. You are directe
algol13

Answer:

Chain of Command and Unity of Command

Information and Intelligence Management

Explanation:

Chain of Command dives into the hierarchical structure of the organization and Unity of Commands refers to the fact that every individual has a designated supervisor that they report to. This is supported by the information given because you report to the Planning Section Chief.

On the other hand, because you are producing maps you support the Information and Intelligence Management which deals with "gathering, analyzing, assessing, sharing, and managing incident-related information and intelligence."

For more information check the following page: https://emilms.fema.gov/IS100c/groups/133.html

8 0
3 years ago
Read 2 more answers
The tendency to search for information consistent with our preconceptions is called: A. functional fixedness B. the representati
REY [17]

Answer:

D, confirmation bias

Explanation:

Confirmation bias is a form of cognitive bias that is defined as the tendency to interpret ,search, recall an information that confirms one's previous personal belief.

For example, if you suspect that a friend of yours is a thief after some things went missing a few times after he left you place and then someone else tells you he is also suspecting that same friend of being a thief, your confidence bias immediately connects both situations and then you believe your friend is a thief.

I hope this helps.

8 0
4 years ago
Production workers for Chadwick Manufacturing Company provided 3,200 hours of labor in January and 2,800 hours in February. The
Sergeu [11.5K]

Answer:

The insurance cost should be allocated to the products made in January and to those made in February is $8,000 and $7,000 respectively.

Explanation:

For computing the allocated insurance cost, first, we have to compute the per labor rate which is shown below:

Per labor rate = (Annual premium) ÷ (Labor hours)

                       = ($120,000) ÷ (48,000 hours)

                       = $2.5

Now the insurance cost would be

For January = Labor rate per hour × number of labor hours\

                    = 3,200 hours × $2.5

                    = $8,000

For February = Labor rate per hour × number of labor hours

                      = 2,800 hours × $2.5

                      = $7,000

3 0
3 years ago
Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a
Yakvenalex [24]

Answer:

7.67%

Explanation:

The Excel rate function can be used to determine the before-tax cost of debt as follows:

=rate(nper,pmt,-pv,fv)

nper=number of semiannual coupons in the remaining 20 years=20*2=40

pmt=semiannual coupon=$45

pv=current amrket price= $896.87

fv=face value=$1000

=rate(40,45,-896.87,1000)=5.11%

5.11%  is the semiannual yield

yield to maturity=5.11%*2=10.22%

after-tax cost of debt=pretax cost debt*(1-tax rate)

tax rate=25%

after-tax cost of debt=10.22%*(1-25%)=7.67%

7 0
3 years ago
Other questions:
  • On january 1st, 2014, brenner company purchased at face value, a $1,000, 6% bond that pays interest on january 1st and july 1st.
    6·1 answer
  • The management of Leyton Electronics Inc. always favors market orientation over the other marketing management philosophies. In
    11·1 answer
  • Your savings account currently has a balance of $32,300. You opened the savings account two years ago and have not added to the
    7·1 answer
  • Which of the following theorems explains the relationship between interest rates and bond prices? For a given change in interest
    8·1 answer
  • Comfort Corporation manufactures two models of office​ chairs, a standard and a deluxe model. The following activity and cost in
    5·1 answer
  • Describe how to use project documents to help a team progress through the stages of development.
    10·1 answer
  • (a) The fundamental qualitative characteristics that make accounting information useful are relevance and verifiability.
    14·1 answer
  • QS 9-8 (Algo) Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,700 per month and has be
    9·1 answer
  • The Paint Supply Store franchise sells an average of 52 gallons of Yellow Paint every week (for 52 weeks per year, Standard Devi
    13·1 answer
  • The following transactions were selected from among those completed by Hailey Retailers in the current year:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!