1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
4 years ago
13

On April 1, Construction Contractors, Inc., contracts to build a store for Discount Retail, Inc., at a specific location in Elec

tro City. On April 10, Electro changes its zoning law to prohibit the construction of a commercial building at that location. Discount Retail files a suit against Construction Contractors. In this situation
a. Construction Contractorsis in breach of contract.

b. Discount Retail is in breach of contract.

c. the contract is discharged.

d. the contract is suspended.
Business
1 answer:
mr Goodwill [35]4 years ago
5 0

Answer:

c. the contract is discharged.

Explanation:

As the contract is not feasible to be completed not because of any parties of the contract, but because of externalities.

This provides for the no fault conditions on both the parties of the contract.

Here the construction was to be done by the Construction Contractors Inc. for Discount Retail Inc, at a place in Electro City.

But now the construction cannot happen as because Electro City has an amendment providing no construction at the particular place where Discount Retail Inc. wants the construction.

You might be interested in
An ethical decision-making process should be followed to ensure sound moral judgments are made (Harman, 2017). In the profession
emmasim [6.3K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
4 years ago
Identify the basic assumption or broad accounting principle that was violated in each of the following situations.
andrezito [222]

Answer:

1) expense recognition principle: expenses are recognized when they are consumed.

2) historical cost principle: a company must record its assets, liabilities, and equity investments at their original costs.

3) economic entity principle: the company's transactions should be kept separate from those of its owners or upper management.

6 0
3 years ago
If suppliers expect the price of their product to fall in the future, then they will
jarptica [38.1K]
...lower the amount of products they create.
8 0
4 years ago
explain three steps an eighth grader should take to create a college savings plan if she is interested in attending a two year t
DedPeter [7]

1. Determine the total cost of the program (tuition, fees, books, cost of living, etc)

2. Determine how much of this they will have to save up for (aka the amount not covered by taking out student loans)

3. Break down that total amount into periodic savings deposits. So if you need $10,000 and you have 4 years, make a plan to save $2,500 a year.

4 0
3 years ago
Read 2 more answers
Which of the following is a distinct advantage of exporting? A. Absolute control over operations in the foreign nation B. It may
victus00 [196]

Answer: B. It may help a firm achieve experience curve and location economies

Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).

7 0
4 years ago
Other questions:
  • What can a business do to improve its productivity? Lower salaries/Reduce its workforce/ Sell assets/ Invest in capital
    7·2 answers
  • An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
    14·1 answer
  • Which two ways is productivity commonly measured? (Select two answers.)
    10·1 answer
  • The Bureau of Labor Statistics reported in 2005 that there were 28.19 million people over age 25 who had no high school degree o
    12·1 answer
  • The two basic reasons why economists often appear to give conflicting advice to policymakers are differences in
    15·1 answer
  • After a fairly short plane ride from new york city, irving found himself on a dusty road with goats, chickens, and motor scooter
    5·1 answer
  • You own a golf course in Florida and you need to determine how many golf carts you need to buy to maximize profits. Please answe
    9·1 answer
  • Which of the following relationships between book value and cash received at sale results in a loss on the sale of a long-term d
    6·1 answer
  • With online bill pay, what is the difference between a one-time payment and a recurring payment?
    14·1 answer
  • Rodrigo Tools, concerned about its loss of market share in previous years, has recently implemented several programs to encourag
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!