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Pachacha [2.7K]
3 years ago
5

Drew contracts to sell a house to Evan. The contract provides that if Drew does not sell the house by February 10, he must pay E

van one-half of the contract price. This provision is not enforceable because it is ________.a. a liquidated damages clause.b. a material breach.c. a mitigation of damages.d. a penalty clause.
Business
1 answer:
igomit [66]3 years ago
3 0

Answer:

Option D is correct because a penalty clause is excessive harm mitigation charge which is written in the contract so according to the law in case of default of one party the other party must be only compensated for the damage. So in this case Evan has used a penalty clause to enforce Drew to sell him his house. If Drew wants to default then he will have to compensate for the demages to Evan due to his default.

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The graph represents the supply and demand curve for chocolates in the economy. Identify the price and quantity at which there w
Zielflug [23.3K]

Answer:

Equilibrium Price - 3

Equilibrium Quantity - 3

Explanation:

The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.

<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>

<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>

3 0
3 years ago
About economic.... question of demanded​
Veseljchak [2.6K]

Answer:

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8 0
3 years ago
Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudd
alex41 [277]

Answer:

Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudden demand surges. It also has a certain reserve of produced goods to tackle material shortages. In this case, the reserve of equipment and produced goods are examples of <u>the</u> <u>capacity cushion</u>.

Explanation:

The capacity cushion is the amount of reserve capacity that a business keeps to manage sudden increases of demand or momentarily losses of production capacity.

5 0
3 years ago
Which investment is the riskiest, but has the potential to earn you the most money? savings account stocks treasury bonds munici
Rudik [331]
Sorry you never got an answer and are only getting one after 2 years :(
But for everyone in the future who wants to use this for help the answer is Stocks!
7 0
3 years ago
Read 2 more answers
An equivalent description of the holding of a receive-floating pay-fixed swap is as follows: A. An exchange of a long position i
serious [3.7K]

Answer:

The correct answer is

A)  An exchange of a long position in a fixed-rate bond for a short position in a floating-rate note.

Explanation:

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Also executing a swap in interest rates (that is giving up the fixed tenure for the floating tenure) helps to ensure that liabilities are kept at minimum whilst assets are maximised.

It is important to note that the capital remains unmodified.

Cheers

4 0
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