Answer:
c. escalator clauses
Explanation:
Based on the information provided within the question it can be said that the term being described is called an escalator clause. Like mentioned in the question this term refers to a clause within a contract that allows for an increase in in the price or wage stated in the contract but only under the specific conditions stated.
Answer:
Savings: is setting aside money so you dont need to spend your money for anything, only for emergeincies. Investment: is when you are buying stocks or bonds your are making an investment.
$700 at any given time, but that is presuming that you have paid your monthly premiums every month without fail until the accident occurs.
Answer:
4. Amend the articles of incorporation.
Explanation:
The articles of incorporation is the document of incorporation prepared by the promoters a corporation which provide general information about the corporation submitted to their home state to get the entity incorporated.
The Board of Directors of a corporation has no power to amend the articles of incorporation but must followed some procedure before it can be amended. However, it needs the vote of majority of the directors before the proposal can be submitted to Secretary of State
Answer:
Vern's depletion deduction is $175000
Explanation:
given data
mineral interest = $3,500,000
recoverable units = 500,000
mined = 40,000 units
sold = 25,000 units
depletion rate = 22%
to find out
Vern's depletion deduction
solution
we get here depletion expense that is
depletion expense = 
...........................1
put here value we get
depletion expense = 
depletion expense = $175000
and
percentage depletion = $800,000 × 22%
percentage depletion = $176000
we know that % depletion method is not accept as IRS for certain natural resources
so we use depletion method is use here
Vern's depletion deduction is $175000
