The court would rule in sue's favor because courts seldom inquire into the adequacy of consideration.
In contracts, <em>consideration </em>just means the <em>exchange of things of value</em>. There has to be an exchange of things of value for there to be an enforceable contract, and in this case a watch was exchanged for money. It is rare for courts to rule on how much consideration is expected because people are generally free to set their own prices and not sell if the price is too low. That is not for a court to decide (in most cases).
Answer and Explanation:
The computation of the financial advantage or disadvantage is as follows:
<u>Particulars Product Q1
</u>
Selling price after further processing 13.00
Selling price at split off point 11.00
Incremental revenue per pound or gallon 2.00
Total production 2,200.00
Total Incremental Revenue 4,400.00
Total Incremental Processing costs 10,200.00
Total Incremental profit or loss (5,800.00)
Since there is an incremental loss so the same would be Sold at split off
Answer:
The price of the bonds is $ 1,276.
Explanation:
The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.
Future Value = Redemption present value (RPV) + Present value of interest (PVI)
RPV = 1,000 (1+5%)^-15 = $ 481 -A
PVI = 36.25 * Annuity factor =$ 759 -B
Future Value = A + B = $ 1,276
Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303
Answer:
It means exchange for good or service without using any money
Answer:
Taft-Hartley Act
Explanation:
Taft-Hartley Act is also known as the labour management relations act of 1947 and it restricts the activities and powers of labour unions. It stops unions for engaging in unfair labour practices such as jurisdictional strike, wild strike, political strike, secondary boycotts, and monetary donations to political campaigns.
Robert has violated the Taft-Hartley act by creating a fictional role in the company in order to get his cousin a job.
