If a local company were to break the contract with a retailer and not deliver the products requested, Civil law would be broken.
When one party doesn't carry out their obligations as stated in the contract, there is a breach of the agreement. That could involve anything trivial like making a payment a few days late or something more significant.
<h3>What is the most common breach of contract?</h3>
The most frequent remedy for contract violations is this one. When compensatory damages are granted, a court requires the party who violated the contract to give the victim enough money to fulfill their contractual obligations elsewhere.
A breach of contract occurs when a promise that is a component of a contract is not kept without a valid justification. This includes failing to perform in a way that complies with industry standards or any express or implicit warranty requirements, such as the implied warranty of merchantability.
Learn more about Breach of Contract here:
brainly.com/question/24259882
#SPJ4
Answer:
Final Value= $43,871.84
Explanation:
Giving the following information:
Suppose you invest $2500 each year in a savings account that earns 12% per year.
Number of years= 10
To calculate the final value we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 2,500
i= 0.12
n=10
FV= {2,500*[(1.12^10)-1]}/0.12= $43,871.84
Ceteris paribus, in a closed economy, if consumers become more optimistic the equilibrium interest rate should increase
.
So the answer is the equilibrium interest rate should increase
Answer: a. $39,304
Explanation:
Let us begin by calculating the yearly phone bill.
$63 per month so that is
= 63*12
= $756
A total of $756 per year is spent on the company phone.
Kailynn buys 4 sample kits at $235 per kit.
= 235*4
= $940 in total for the kits last year.
Add the two figures to get her total expenditure from the company.
=940+756
= $1696
Subtract this from her total job benefits,
=$41,000 - $1696
= $39,304
$39,304 was her total employment compensation.
Answer:
r = 0.080528395 = 8.05%
Winner's Prize at 2044: $ 15,215,114.02
Explanation:
Principal 160
Amount 1,610,000
time: 2015 - 1896 = 119
![160 \: (1+ r)^{119} = 1,610,000\\ r = \sqrt[119]{1,610,000 / 160} -1](https://tex.z-dn.net/?f=160%20%5C%3A%20%281%2B%20r%29%5E%7B119%7D%20%3D%201%2C610%2C000%5C%5C%20r%20%3D%20%5Csqrt%5B119%5D%7B1%2C610%2C000%20%2F%20160%7D%20-1%20)
r = 0.080528395
If the same rate for the winner's prize is being keep by 2044 the winner will get:
Principal 1,610,000.00
time 29.00 (2044 - 2015)
rate 0.08053
Amount 15,215,114.02
