All categories

4 years ago

A contract clause which specifies the amount of damages to be paid in the event of a breach is called:

1 answer:

6 0

A contract clause which specifies the amount of damages to be paid in the event of a breach is called C. a liquidated damages clause.

A contract clause is a specific section that is added into a clause and addresses specific subject matters or topics. These clauses are normally added to make sure each section understands and performs their duties.

You might be interested in

"The legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment bankin

bogdanovich [222]

Answer:

Sarbanes-Oxley Act of 2002.

Explanation:

Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.

Hence, the legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment banking department is the Sarbanes-Oxley Act of 2002.

It is a law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations.

6 0

4 years ago

A researcher is asked to determine whether or not a productivity objective (in dollars) of better than $75,000 per employee is p

exis [7]

Answer:

Hence the null hypothesis is not rejected.

We conclude that productivity objective (in dollars) is not better than $75,000 per employee.

Explanation:

Single sample t-test ( upper tail test)

$H_0: \mu = 75000\\H_1: \mu > 75000$

N=20

Mean =75500

Sd=18968.117

$t = \frac { (\bar x - \mu)} {\frac {s} {\sqrt{n}}}\\\\t = \frac{(75500-75000)}{\frac{18968.117}{\sqrt{20}}}\\t=0.1179$

DF= 20-1=19

Table value of t at 0.05 level of significance =1.7291

Calculated t=0.1179 < table value 1.7291

The null hypothesis is not rejected

We conclude that productivity objective (in dollars) is not better than $75,000 per employee

4 0

3 years ago

________ is the practice of taking a significant activity within the organization and contracting that activity out to an indepe

wlad13 [49]

Outsourcing is the practice of taking significant activity with in organization and contracting it to an independent party.

6 0

3 years ago

What is not considered a characteristic of the money supply in the United States?

bonufazy [111]

The monetary supply in the United States is based on fiat money which means that it is not true that A) America's fiat money is currently backed by gold deposits at the Federal Reserve.

The American dollar is a fiat currency which means that it is not backed by any sort of mineral deposits be it gold or silver. The gold deposits at the federal reserves are therefore not used to back the dollar.

The dollar is instead backed by the U.S. government and its policies which aim to keep the American economy stable.

The other options are wrong because:

It is true that the USD being legal tender means it can be used to pay for debt.
It is also true that the demand for money increases based on the volume of transactions in the economy.

In conclusion, the U.S. Dollar is not backed by the gold deposits in the Federal reserve but rather by the American government itself.

Find out more at brainly.com/question/2222040.

3 0

3 years ago

Handy Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto le

Fiesta28 [93]

Answer:

a. Determine the two production department factory overhead rates.

Pattern department = $50 per hour

Cut and sew department = $67 per hour

b. Use the two production department factory overhead rates to determine the factory overhead per unit for each product.

Production Small Medium Large

Departments Glove Glove Glove

Pattern Department $2.00 $2.50 $3.00

Cut and Sew Department $5.36 $6.70 $8.04

Explanation:

small, medium, large

Pattern Department overhead $135,000

Cut and Sew Department overhead $227,800

Total $362,800

Pattern Department 2,700 direct labor hours

Cut and Sew Department 3,400

Total 6,100 direct labor hours

Overhead rate per hour:

Pattern department = $135,000 / 2,700 hours = $50 per hour

Cut and sew department = $227,800 / 3,400 hours = $67 per hour

Production Small Medium Large

Departments Glove Glove Glove

Pattern Department 0.04 0.05 0.06

Per unit ($50) $2.00 $2.50 $3.00

Cut and Sew Department 0.08 0.10 0.12

Per unit ($67) $5.36 $6.70 $8.04

3 0

3 years ago