Answer:
Inferior performance is when a party fails to perform certain express or implied obligations, which impairs or destroys the essence of the contract.
Explanation:
A contract is an agreement expressed in writing or spoken statement between two or more parties that is intended to be enforceable. The contract by the parties usually involves the agreement by one party to provide a service or good in exchange for some compensation. A contract is recognized by law and therefor should be taken seriously, however there are cases when conflict arises due to performance issues on the part of a particular party. The performance issues are;
1. Complete performance
It is also known as strict performance and involves when a party to a contract renders the service exactly as agreed in the contract. The party that the service is rendered to is always satisfied in a complete performance situation.
2. Substantial performance
In this case, a party to the contract has delivered almost complete performance as stipulated by the contract. A substantial performance usually involves a minor breach that can be overlooked.
3. Inferior performance
An inferior performance is an outright breach to the express and implied contractual obligations. This type of performance destroys the very essence of the contract. This usually comes with legal implications to the party whose performance is inferior.
Answer:
C. Manufacturing Overhead
Explanation:
Overhead production costs are all production costs associated with the cost object but not economically viable to this cost issue.E.g. the expense of machinery used during production is depreciated in the manufacturing overhead category. Manufacturing plant property taxes. Rent at the site of the plant. Support workers wages. Production managers ' wages.e.t.c
The correct answer is <span>a.if buyers have the ability and desire to buy the clothes
This example has a lot to do with the market demand and production ideas. If the people can't buy it then the product won't succeed. If they won't buy it then it won't succeed either. So you need both the desire and the ability on the side of the buyer. </span>
$250,000
Federal Deposit Insurance Corporation (FDIC) was created by the 1933 Banking Act during the Great Depression (June 16 1933). It's purpose was to restore trust in the banking system. Initially, the insured limit was $2,500, but over the years it has increased. The limits over time are: 1934 – $2,500; 1935 – $5,000; 1950 – $10,000; 1966 – $15,000; 1969 – $20,000; 1974 – $40,000; 1980 – $100,000; 2008 – $250,000 The increase from $100,000 to $250,000 was intended on being temporary, but as mentioned in the question, wasn't reduced and is therefore still the current limit. So Anna will be insured up to the $250,000 limit.
Answer: a. I made comparisons with others' salaries."
Explanation:
Equity theory simply refers to the principle that the actions of individuals are based on fairness and in a situation whereby there's no fairness or equity, the workers will seek to address such differences.
According to the equity theory, workers believe that everyone who puts in a similar input should get a similar reward. Therefore, in this case since Ted used the equity theory, he'll make a comparison with the salary of others.
