Answer:
c. is valid and enforceable
Explanation:
In business, this is called a Non-Compete Clause.
Non-Compete Clause can prevent a certain individual or organization to compete with another business , as long as both parties con sensually sign the agreement.
Typically, Non-Compete clause is required after all the parties involved have some sort of affiliation toward one another/
<u>for example:</u>
1. One party just bought the business from another party.
2. One party is an ex-members/ex-employees of another party. Making them know internal secrets of that other party.
Answer:
warranty
Explanation:
A warranty is a guarantee from a seller to buyer promising to if necessary repair or replace the purchased item with a stated period.
Answer:
It is more profitable to sell the units as-is and produce new ones.
Explanation:
Giving the following information:
The company has 22,000 defective units that cost $6 per unit to manufacture.
Sell as-is:
Selling price= $2
Rework:
Additional cost= $4.5
Selling price= $8.5
If the units are sold as-is, the company will be able to build 22,000 replacement units for $6 each and sell them at the full price of $8.50 each.
<u>The original cost of the 22,000 units is a sunk cost, it will remain no matter the decision. </u>
Sell as-is:
Defective units= 22,000*3= 44,000
New units= 22,000*(8.5 - 6)= 55,000
Total income= $99,000
Rework:
Sales= 22,000*(8.5 - 4.5)= $88,000
It is more profitable to sell the units as-is and produce new ones.
Not all credit cards have an annual fee. You can expect an annual fee on most secured credit cards, some premium credit cards, charge cards, and subprime credit cards. The amount of the annual fee varies. It can be low as $19 or as high as $500, depending on the credit card.
