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elena55 [62]
3 years ago
15

A firm concludes a counterpurchase agreement with a foreign country for which it receives some counterpurchase credits for purch

asing its goods. the firm does not want any foreign goods, however, so it sells the credits to a third-party trading house at a discount. the trading house finds a firm that can use the credits and sells them at a profit. this is an example of
Business
1 answer:
andrezito [222]3 years ago
5 0

Answer:

This is an example of switch trading.

Explanation:

Switch trading is defined as a practice where one company goes into agreement with another company located in a different country to commit in the purchase of each company’s goods and services. This common practice is part of the countertrading category, which is the exchange of goods and services with other goods and services. Other examples of countertrading include barter, counter purchase, buyback, offset, and compensation trade.

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Marketing Solutions Inc. promises to employ Niki as a software engineer. In reliance on the promise, Nikiquits her job with Onli
Simora [160]

Answer:

B) liable to Niki under the doctrine of promissory estoppel.

Explanation:

In contract law, promissory estoppel refers to a theory that when you make a reasonable promise but later you decide to back down, the other party may sue you in order to force you to fulfill your promise.

This theory has been upheld by the Supreme Court in Cohen v. Cowles Media Co. 501 US 663 (1991). So a reasonable promise will have the same binding effect as a contract.

7 0
3 years ago
Lino is a linebacker on his college football team. He is concerned about achieving adequate hydration during intense, hot summer
dybincka [34]

Answer:

C) 14 cups of water

Explanation:

Athletes should consume between 2 to 3 cups of water or other fluids (like Gatorade) for every pound lost in order to prevent dehydration.

If Lino losses 5 pounds during practice, he should drink between 10 to 15 cups of water. Option C, with 14 cups of water is the only option that falls in that range.

3 0
3 years ago
When members of a group begin to maximize efficiency and satisfaction as they move towards their outcomes, they are likely in wh
alina1380 [7]

Answer: Performing stage.

Explanation:

When efficiency of work is very high it means that the members of a group are in the performing stage.

The performing stage is a stage of group development where the group members have highly understood each other, the work done in the performing stage is efficient and focused on the goals earlier set by group members.

7 0
3 years ago
Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and
madreJ [45]

Explanation:

TBL theory posits that instead of one bottom line, there should be three: profit, people and the planet. A TBL seeks to gauge a corporation's level of commitment to corporate social responsibility and it's impact on the environment over time.

Being a socially responsible company can bolster a company's image and build its brand. Social responsibility empowers employees to leverage the corporate resources at their disposal to do good. Formal corporate social responsibility programs can boost employee morale and lead to greater productivity in the workforce.

4 0
3 years ago
Jurica Corporation has two production departments, Forming and Customizing. The company uses a job-order costing system and comp
nlexa [21]

Answer:

D. $7.30 per machine hour

Explanation:

The computation of Overhead Per Machine Hour is shown below:-

Overhead Per Machine Hour = Fixed Cost + Variable Overhead Cost ÷ Number of hours

= ($100,700 + (19,000 × $2)) ÷ 19,000

= ($100,700 + $38,000) ÷ 19,000

= $138,700 ÷ 19,000

= $7.30 per machine hour

So, for computing the Overhead Per Machine Hour we simply applied the above formula.

8 0
3 years ago
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