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4 years ago

QUESTION:An agreement between the parties is an essential

Business

1 answer:

Verizon [17]4 years ago

6 0

Answer:

Yes

All agreement are contract, but not all agreement are contract.

Explanation:

All agreement are contract, but not all agreement are contract. If an agreement fails to create legal obligation, then it cannot become a contract.

An agreement is created when there is a mutual understanding between parties. It can either be have a legal backing or not.

A contract is a written or express legally binding agreement between parties to perform a task or obligation.

For an agreement to become a contract, it must be legally binding between the parties. Just as in the case of (CARLILL V CARBOLIC SMOKE BALL CO (1893). It was held that no contract existed between the parties because the agreement is not enforceable under the law.

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Brushy Mountain Mining Company's ore reserves are being depleted, so its sales are falling. Also, its pit is getting deeper each

hammer [34]

The question is incomplete. The complete Question is,

Brushy Mountain Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's earnings and dividends are declining at the constant rate of 4% per year. If D0 = $2 and rs = 17%, what is the estimated value of Brushy Mountain's stock?

Answer:

P0 = $9.1428 rounded off to 9.14

This answer is for the question above. Change the values and use the same formula if the values differ

Explanation:

The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,

P0 = D0 * (1+g) / (r - g)

Where,

D0 * (1+g) is the dividend expected in Year 1 or next year

g is the constant growth rate in dividends

r is the discount rate or required rate of return

P0 = 2 * (1-0.04) / (0.17 + 0.04)

P0 = $9.1428 rounded off to 9.14

6 0

3 years ago

Jessica is trying to get a credit card. She has a credit score of 790. How is Jessica’s lender likely to view this credit score?

poizon [28]

A.) Jessica is low risk and will pay her outstanding balances on time.

6 0

3 years ago

Read 2 more answers

Calculate the values for each of the questions. Assume that in each country there are no taxes, international trade, or inflatio

Inessa [10]

Explanation:

a. The computation is shown below:

As we know that

Multiplier = 1 ÷ 1 - MPC

1.5 = 1 ÷ 1 - MPC

So, MPC is 0.3333

Now the real GDP is

= Multiplier × Government spending

= 0.3333 × $70 billion

= $105 million

So the change in real GDP is

= $105 million - $70 million

= $35 million

b. The computation is shown below:

As we know that

Multiplier = 1 ÷ 1 - MPC

Multiplier = 1 ÷ 1 - 0.6

So, multiplier is 2.5

Now the real GDP is

= Multiplier × Government spending

= 2.5 × $16 billion

= -$40 million

c. As we know that

Real GDP = Multiplier × Government spending

$280 billion = Multiplier × $70 billion

So, the multiplier is 4

Now the MPC is

Multiplier = 1 ÷ 1 - MPC

4 = 1 ÷ 1 - MPC

So, the multiplier is 0.75

3 0

4 years ago

What is the difference between absolute advantage and comparative advantage?

Yuliya22 [10]

Comparative advantage refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)

6 0

4 years ago

Read 2 more answers

What tips should he follow? Check all that apply. Cross your arms in front of you. Stand with your hands in your pockets. Don’t

Marta_Voda [28]

Answer:

Don't Chew Gum
Listen Attentively
Sound Enthusiastic and Sincere
Use proper language and enunciate clearly

Explanation:

(Avoid Clarifying vague questions might be an answer but not sure. I'm sorry if I am wrong)

8 0

3 years ago