Answer:
Promissory estoppel
Explanation:
Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment
Answer:
Highly inelastic
Explanation:
Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;
Price elasticity of demand=%change in quantity demanded/%change in price
%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100
((299-300)/300)×100=-0.33%
%change in price=12%
12%>0.33%
The change in price is larger than the change in demand, therefor the product is highly inelastic
As a shareholder in Titanic Shipping, Inc., James Blue is one of the many actual owners. In case of the bankruptcy of the corporation, his liability would be limited to the amount of his investment.
<h3>What shareholder means?</h3>
- Any individual, business, or organization that has stock in a corporation is a shareholder.
- A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.
<h3>What is shareholder and example?</h3>
- The definition of a shareholder is a person who owns shares in a company.
- Someone who owns stock in Apple is an example of a shareholder noun.
- A person who owns one or more shares of stock in a joint-stock company or a corporation.
<h3>What is the purpose of a shareholder?</h3>
- The shareholders are the company's owners and give financial support in exchange for prospective dividends paid out over the course of the business.
- There are three ways for an individual or business to become a shareholder in a company by adhering to the company's memorandum at the time of incorporation.
Learn more about shareholders here:
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The best way to handle this situation in a more professional way is to advice and tell the employee that his or her habit of being late had affected the department's ability. It is best to tell him or her that his or her presence is needed in order to get the job done and to be able to make the works or tasks that is being sent to the department more faster if he or she would come early and help with the other employees.
Solution :
The optimal order quantity, EOQ = 
EOQ = 
= 115.47
The expected number of orders = 
= 17.32
The daily demand = demand / number of working days
= 8.33
The time between the orders = EOQ / daily demand
= 13.86 days
ROP = ( Daily demand x lead time ) + safety stock
= 76.64
The annual holding cost = 
= 207.85
The annual ordering cost = 
= 207.85
So the total inventory cost = annual holding cost + annual ordering cost
= 207.85 + 207.85
= 415.7
