Answer:
Option A
Explanation:
A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.
In other way the original contracting party give all the rights and obligations to the new party
Hence, Option A is correct
Answer:
20%
Explanation:
Since the gross margin is $20,000 and the gross margin percentage of Pentex is 10%, so from this information we can find out the sales value which is shown below:
Gross profit percentage = Gross profit ÷ sales
10% = $20,000 ÷ sales
So, the sales would be $200,000
Since the Pentex sales is twice of Marbro
So, the Marbro sales would be half of Pentex sales
So, the Marbro sales would be $100,000
Now the Marbro gross profit percentage would be
= $20,000 ÷ $100,000
= $20%
Answer:
I can put a call through to the organisers of the trip explaining that I have cash but it's not within reach and that if they reserved the spot for me, they'd get the money as soon as I can access it. Given that I am a valuable member of the student store staff, that reputation should count in times like this.
To borrow money from the cashbox would be a huge ethical risk and can easily be termed mismanagement of funds especially where the store policy does not allow such.
My value in the store lies largely on my integrity and the trust they students have invested in my person.
I'd rather miss the road trip than make a regrettable unethical decision.
Cheers!
Answer
adjective
1.
first in order of importance; main.
"the country's principal cities"
Similar:
main
chief
primary
leading
foremost
first
most important
predominant
dominant
(most) prominent
key
crucial
vital
essential
basic
staple
critical
pivotal
salient
prime
central
focal
premier
paramount
major
ruling
master
supreme
overriding
cardinal
capital
preeminent
ultimate
uppermost
highest
utmost
top
topmost
arch-
number-one
Opposite:
minor
subordinate
subsidiary
2.
(of money) denoting an original sum invested or lent.
"the principal amount of your investment"
noun
1.
the person with the highest authority or most important position in an organization, institution, or group.
"a design consultancy whose principal is based in San Francisco"
Similar:
boss
chief
chief executive (officer)
CEO
chairman
chairwoman
managing director
MD
president
director
manager
employer
head
leader
ruler
controller
head honcho
gaffer
governor
guv'nor
2.
a sum of money lent or invested, on which interest is paid.
"the winners are paid from the interest without even touching the principal"
Similar:
capital sum
capital
capital funds
working capital