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Semenov [28]
3 years ago
15

Contracts drafted under a common law framework tend to be

Business
1 answer:
Fynjy0 [20]3 years ago
3 0

Answer:

In detailed along with all the contingencies that are spelled out.

Explanation:

Common law is the body which is of legal rules that have been made or build through the judges as they will issue the rulings on cases, which is opposed to the rules and the laws which were made through the official statutes or the legislature.

Under the common law, the contracts are made or stated or drafted so that they will provide a brief as well as detailed rules along with all the possible contingencies which were spelled out or made out.

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Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to $40. A call option on Z with exac
PilotLPTM [1.2K]

Answer:

0.33

Explanation:

Delta = (Cu – Cd)/(Su – Sd)Cu

= 62.50 – 55 = 7.50

Cd = 0

Delta = (7.50 – 0)/(62.50 – 40)

= 0.33

5 0
3 years ago
Someone who does not have an aptitude or ability in a career area is at disadvantage if they select a career in that
REY [17]

Someone who does not have an aptitude or ability in a career area is at a disadvantage if they select a career in that field. ... When working on developing an ability, it is important to get feedback to know how you are doing. True. Jobs that require you to use your aptitudes are typically unrewarding

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2 years ago
Read 2 more answers
All of the following are characteristics of Weberian bureaucracy except:
azamat

Answer:

b. management is the same as the ownership of the organization.

Explanation:

Weberian bureaucracy is the term used for the bureaucracy concept introduced by Max Weber, the famous sociologist and economists. He clearly stated that for any kind of administration the basic need is to maintain some standard characteristics:

Which included hierarchy as basics, therefore, it clearly distinguished the management and ownership and both are on different hierarchy.

Therefore, the correct option is:

b. management is the same as the ownership of the organization.

6 0
3 years ago
The following events apply to Lewis and Harper, a public accounting firm, for the Year 1 accounting period: Performed $64,500 of
charle [14.2K]

Answer:

a) I used an excel spreadsheet since there is not enough room here.

b) $69,000

c) $14,500

d) $14,000

f) $57,800

g) $59,500  

Download pdf
8 0
3 years ago
Journalize the following transactions for Powell Company using the gross method of accounting for sales discounts. Assume a perp
Marianna [84]

Answer:

Jan 7

Dr Cost of Good Sold     7,860

Cr Inventory                    7,860

(to record the cost of good sold)

Dr Account Receivable          13,100

Cr Revenue                            13,100

( to record revenue and receivable owed from Stewart)

Jan 13

Dr Sales Returns                  2,620

Cr Account Receivable       2,620

(to record sales return from Stewart)

Dr Inventory                      2,620

Cr Cost of good sold       2,620

(to record inventory returns and decrease in cost of good sold due to sales return from Stewart)

Jan 18

Dr Cash                                10,480

Cr Account Receivable      10,480

( to record full collection from Stewart after 11 days)

* further working note on Jan 18 transaction: As Stewart had return $2,620 sales; the Receivable from Stewart is just $10,480 ( 13,100 - 2,620). Also, the term of receivable is 5/10, n/30; the repayment after 10 days received from Steward is not eligible for discount.

Explanation:

3 0
3 years ago
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