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anygoal [31]
3 years ago
10

Claudia contracts with Friendly Paving Co. to install a new driveway. To pay for this work, Claudia transfers to Friendly Paving

Co. her right to receive payment from Clifford for a loan she made him. Friendly Paving Co. is the:
Business
1 answer:
Olenka [21]3 years ago
7 0

Answer:

Creditor beneficiary

Explanation:

The first contract is between Claudia and Clifford, in which Clifford is the debtor to the creditor Claudia.

This means that Claudia holds a legal contractual right to receive a payment from Clifford.

Now there is a second contract between Claudia and Friendly Paving Co. this is basically the agreement to install driveway. For this Claudia has to pay to Friendly Paving Co.

For this if she transfers her right of receiving the payment from Clifford towards Friendly Paving co. then she announces Friendly Paving Co. to be a creditor beneficiary.

You might be interested in
The________________ view of corporate social responsibility is that business should focus on making valuable contributions to so
m_a_m_a [10]

The socioeconomic view of corporate social accountability is that commercial enterprise have to center of attention on making precious contributions to society, now not just making profits.

<h3>What is the financial model of social responsibility?</h3>

The socio-economic model of social duty demonstrates that a enterprise not only focus or listen upon what form of income it is making or how will it make extra income in the future but additionally seem to be after the effect that it is inflicting on society from time to time.

<h3>Why is company social accountability necessary to business?</h3>

Embracing CSR will increase client retention and loyalty, increases employee engagement, improves manufacturer imaging, attracts funding opportunities and pinnacle talent, and makes a difference for bottom-line financials.

Learn more about corporate social responsibilities here:

<h3>brainly.com/question/1373962</h3><h3 /><h3>#SPJ4</h3>
5 0
1 year ago
Suppose the Federal Reserve sets the reserve requirement at 12 percent, banks hold no excess reserves, and no additional currenc
Naily [24]

Answer:

See below.

Explanation:

For a)

The money multiplier or the credit multiplier can be calculated as follows,

Money multiplier = 1 / reserve ratio

Multiplier = 1 / 0.12 = 8.33 times

For b)

For a negative $80 million change by the Fed there will be a total change in the economy of 80 * 8.33 = $666.4 million.

A -80 million change will contract money supply by $666.4 million in the economy.

For c)

This can be calculated by dividing the target by the money multiplier.

So to achieve a change of $500m the Fed will expand the money supply by

= 500 / 8.33 = $60.02m.

Hope that helps.

8 0
3 years ago
Describe the capabilities of Cisco’s IX5000 telepresence system. How do they promote collaboration and innovation? Why would a c
Softa [21]

Answer:

The Cisco's IX5000 vivid telepresence framework, is substantially more simpler and more reasonable than previously. This telepresence framework is made of 4K ultra-top notch cameras grouped watchfully over three 70-inch LCD screens. The cameras give fresh, top quality video. Theater-quality sound exudes from 18 custom speakers and one ground-breaking subwoofer, making an excellent similar joint effort experience for 8 to 18 individuals. (Laudon, 2017)  

This frameworks permits the clients to get a progressively normal sentiments that the more seasoned forms, as a result of its top of the line innovation. The cameras utilized in the framework cancreate pictures that are multiple times bigger that what is expected to fill the screens, and afterward it chops down the pictures to show different members as though they are additionally sitting at the meeting table.  

2. With in excess of 5,500 representatives working in nine distinct nations, Produban benefits in excess of 120 organizations in various territories. (Loudon, 2017) Areas that are completely identified with the freshest innovation. This organization is totally committed to the improvement of their innovation and its advancement. Produban utilizes this framework to bring individuals from anyplace on the planet together all together tomake choices and conversations happen exceptionally quicker than previously. Because of the littler space that Cisco's IX5000 takes up, it additionally costs significantly less and utilizes around 50 percent less force use.  

Since Produban is continually hoping to boost the development of innovation and to improve it step by step utilizing the most recent telepresence innovation for its own inward functions is the best fit. (Loudon, 2017)  

3. Different organizations that may profit by utilizing telepresence administrations are the individuals who are working in the tasks field and have various areas for their organization; like vehicle makers or kitchen item producers and merchants. At the point when an issue happens in one of their areas, the representatives and the proprietors can meet and talk about the issue and unravel the circumstance way quicker and more effectively than previously. Without this framework they would need to make a trip to the area and burn through a great deal of time.

4 0
3 years ago
Company Pea owns 90 percent of Company Essone which in turn owns 80 percent of Company Esstwo. Company Esstwo owns 100 percent o
ankoles [38]

Answer:

Company Pea

Consolidated financial statements should be prepared to report the financial status and results of operations for:

Essone - 90%

Esstwo = 72% (90% x 80%)

Essthree = 72% (90% x 80% x 100%)

Explanation:

Company Pea is described as the holding or parent company of Company Essone.  This means that Essone is Company Pea's subsidiary.  In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).

When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.

But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.

8 0
2 years ago
2. Because of the tender meat required, which of these cooking methods are the most expensive?
Vlada [557]

Answer:

The correct answer is letter "C": Steaming and broiling.

Explanation:

Steaming and broiling is the process by which food -in this case, meat- is cooked by placing it above a stove that is in heat. It enables to keep the natural flavor of the food and its nutrients. Besides, the shape and the color of the food do not suffer dramatic changes. Though, steaming ovens are expensive. Usually the cost more than $2000 (USD).

4 0
3 years ago
Read 2 more answers
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