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devlian [24]
4 years ago
5

Slimline and Distributor signed a contract providing that Distributor would use reasonable efforts to promote and sell Slimline’

s diet drink. Slimline was already being sold in Warehouse Club. After the contract was signed, Distributor stopped conducting in-store demos of Slimline. It did not repackage the product as Slimline and Warehouse had requested. Sales of Slimline continued to increase during the term of the contract. Slimline sued Distributor, alleging a violation of the agreement. Who should win?
Business
1 answer:
Sveta_85 [38]4 years ago
3 0

Answer: In this case,<em> </em><em><u>Slimline would win the case</u></em> because <u><em>Distributor's conduct and less inclination towards the product is breach of the contract.</em></u> Therefore Slimline sued Distributor, alleging a violation of the agreement.

Hence, in this case Slimline is more likely to win the case as it was asked of the distributor to use reasonable efforts to promote and sell Slimline’s diet drink.

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The law of diminishing marginal returns: a. states that each and every increase in the amount of the variable factor employed in
inna [77]

Answer:

d. none of the above

Explanation:

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

Also, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.

For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility.

8 0
3 years ago
Jim transfers money from his money market account to his savings account. This action:________.
Verizon [17]

Answer:

a.reduced MI and increases M2

Explanation:

Hope that help you!!

4 0
3 years ago
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an end
Tema [17]

Answer:

<u>Bank Reconciliation Statement </u>

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques                                       $128

Less Lodgements not yet credited                                 0

Balance as per Bank Statement                          $67,566

Explanation:

<em>Step 1 Bring the Cash Book Bank Balance Up to Date as follows :</em>

Debit :

Balance as at March 31                       $68,057

Interest Earned                                           $33

Totals                                                   $68,090

Credit:

Bank Charge- Safety deposit box             $50

Cleared Check                                         $500

Bank Charges - Printed Checks              $102

Bank Balance (Updated)                     $67,438

Totals                                                   $68,090

<em>Step 2 Prepare a Bank Reconciliation Statement </em>

<u>Bank Reconciliation Statement </u>

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques                                       $128

Less Lodgements not yet credited                                 0

Balance as per Bank Statement                          $67,566

4 0
3 years ago
Which would be added in the Investing Activities section of the Statement of Cash Flows? Select one: a. Proceeds from Condemnati
Charra [1.4K]

Answer:

  • a. Proceeds from Condemnation of Land
  • c. Cash paid for unexpected major equipment repairs

Explanation:

The Cash Flow statement records only activities that affect the cashflow of the company. The Investing Activity section of the Cashflow statement deals with capital goods (PPE) and investments in other company securities.

The proceeds from land condemnation will go to the Investing activities section as it has to do with capital goods and the cash paid for unexpected major equipment repairs will see the equipment being used in the long term so it goes to Investing as well.

7 0
3 years ago
Genie Software Inc. has been operating in the country of Jamtland for almost a decade. The nation is currently experiencing an e
Gwar [14]

Answer:

Genie will have better access to highly skilled human capital at a lower cost.

Explanation:

During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production,  and consequently laying off workers.

Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.

8 0
3 years ago
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