Answer:
The contract would be described as <em>International Contract.</em>
Explanation:
<em>International Contracts: </em>International contracts refers to a legally binding agreement between parties based in different countries, in which they are obligated to do or not do certain things. International contracts may be written in a formal way such as the example of Frank contracting an Indian television provider.
Consequently, Frank and the Indian television provider having entered into a contract, are governed by international contract law unless they agree to abide by the laws of one of the US and India.
Moreover, <em>International sales contracts </em>are governed by the <em>United Nations Convention on Contracts for the International Sale of Goods (CISG) from 1980.</em>
Answer:
The correct answer is letter "D": when the actual price is less than the standard price.
Explanation:
Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the <em>costs of direct labor are efficient or lower compared to the standard</em>.
Hi, you've asked an incomplete question. However, the missing question read;
Version 1: George walks away. He never talks to Elaine or Jerry again.
Version 2: George confronts Elaine, saying “I am angry about what you have been saying. I do not want you spreading rumors about me. If you have a problem, please see me about it.”
Version 3: George yells at Elaine to shut u.p and then confronts his boss demanding to know why he’s going to be fired.
Version 4: George demands that Elaine tell him where she heard that. Elaine tells him not to worry about it and tries to crack a joke about how much the boss is late.
Answer:
- <u>Version 1: non-confrontational</u>
- <u>Version 2: cooperative</u>
- <u>Version 3: confrontational</u>
- <u>Version 4: confrontational and cooperative</u>
Explanation:
1. In this scenario it is evident that George avoids confrontation with Elaine. In fact, we are told that "[He] walks away..."
2. In this scenario, however, we notice a cooperative deposition between George and Elaine. He made this lear when he said, "...If you have a problem, please see me about it.”
3. Confrontation occurs in this scenario as we are told that "George... then confronts his boss demanding to know why he’s going to be fired. "
4. By demanding "that Elaine tells him where she heard that" indicates confrontation. While Elaine's cracking a joke about how much the boss is late shows cooperation.
Answer:
Results are below.
Explanation:
<u>To calculate the price of each bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
<u>Bond X:</u>
Coupon= (0.11/2)*1,000= $55
YTM= 0.09/2= 0.045
Years to maturiy= 11 years
Bond Price= 55*{[1 - (1.045^-11)] / 0.045} + [1,000/(1.045^11)]
Bond Price= 469.1 + 616.2
Bond Price= $1,085.3
<u>Bond Y:</u>
Coupon= (0.09/2)*1,000= $45
YTM= 0.11/2= 0.055
Years to maturiy= 11 years
Bond Price= 45*{[1 - (1.055^-11)] / 0.055} + [1,000/(1.045^11)]5
Bond Price= 364.16 + 554.91
Bond price= $919.07
