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Monica [59]
4 years ago
8

A commercial building construction company and Sub Shop, Inc. have a contract, which calls for the construction company to build

a building with the completion by May 1. If the building is not completed by that date, the contract calls for the construction company to pay $150 per day in damages. The $150 per day is:
Business
1 answer:
OlgaM077 [116]4 years ago
3 0

Answer:

liquidated damages

Explanation:

Based on the information provided within the question it can be said that the $150 per day is called liquidated damages. This term refers to a set amount of money that both parties agree upon when signing a contract. This money is then paid out by the company being contracted if they breach the contract, such as is the case in this situation by not completing construction by the due date. The amount specified is meant to reflect the damages that the contractor would have to deal with if the contract is not met accordingly.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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In the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price leve
DaniilM [7]

Answer: fall, reducing, fall below

Explanation:

the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. Consider a soybean farmer who expects a price level of 100 in the coming year. If the actual price level turns out to be 90, soybean prices will __________ , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by __________ the quantity of soybeans supplied. If other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to __________the natural level of output in the short run.

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3 years ago
Jeff and Riley were married for 35 years when Riley died in July of 2016. The couple have two children who are 6 and 10 years ol
blondinia [14]

Answer:

(D) I think

Explanation:

When your husband or spouse dies,you file as a widower. If he has children he could get extra benefits because he can file his kids as a Dependent on his Taxes.

Hope this helps:)!

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3 years ago
Zinc Company does not elect to use the fair value option for reporting financial assets. An unrealized gain, net of tax, on Zinc
anastassius [24]

Answer:

a footnote or parenthetical disclosure

Explanation:

Based on the information provided within the question it can be said that in this scenario this only needs to be included as a footnote or parenthetical disclosure. Mainly due to the fact that the choice does not affect the financial statements, therefore it only needs to be added to provide extra clarity on the information within the financial statement.

5 0
4 years ago
Match each description 1 through 6 with the characteristic of preferred stock that it best describes by writing the letter of th
artcher [175]

Answer and Explanation:

The classification is as follows

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b. In the convertible, the stockholders could able to exchange for the common stock shares

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