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vodomira [7]
3 years ago
5

Bottling Company enters into a contract with Chug’s Brewery to provide certain bottling and delivery services. Before Bottling s

tarts to work, the market price rises for the fuel for glass ovens. Bottling tells Chug’s that due to the added cost it will not perform their deal. Bottling’s contractual obligation to Chug’s isA. breached.B. discharged.C. rescinded.D. suspended.
Business
1 answer:
irakobra [83]3 years ago
3 0

Answer:

B. discharged

Explanation:

Based on the information provided within the question it can be said that Bottling's contractual obligation to Chug is breached. This term refers to when a party in a contract does not meet the obligations that they agreed upon for whatever reason. Which, since Bottling decided to not perform their part of the contract due to prices becoming to high then they are breaching the contract, regardless whether or not it is due to external factors.

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Question 1 (multiple choice)
VashaNatasha [74]
1. Ibelieve the answer is spending that helps a large group. Approximately 30% of the federal government is in discretionary spending, which is an option part of fiscal policy in contrast to entitlement programs for which funding is mandatory and determined by the number of eligible recipients. Examples of areas funded by discretionary measures include, national defense, foreign aid, education and transportation. 

2. I think the answer is a tax deferred retirement plan offered by employees. A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren't paid until the money is withdrawn from the account.

3. I think the answer is that it has resulted in significant cuts to social security and medicare. The national debt of the united states is the net accumulation of the federal government's annual budget deficits: it is the total amount of money that the U.S federal government owes to its creditors.

4. I believe the answer is that it reduces the incentive to work hard and take risks to succeed. Ability to pay taxation is a progress taxation principle that maintains that taxes should be levied according to tax payers ability to pay. This progressive taxation approach places an increased tax burden on individuals, partnerships, companies, corporations, trusts and certain estates with higher incomes.


5. I believe the answer is in order to protect its value. In order to maintain its value, money must have a limited supply. This means that restrictions on the amount of money in circulation ensure that values remain relatively constant  for the currency. 

6. I think the correct answer is that raising taxes will decrease aggregate demand. This is because an increase in taxation would cause a decrease in consumers spending because workers and employees are poor off. Since the consumer spending is a component of of aggregate demand, then the decrease in consumer spending will cause a decrease in aggregate demand leading to lower economic growth.

7. I believe the correct answer is that transfer payment do not result into purchase of a good by the federal government. Transfer payments is a one way payment to an individual for which no money, good or service is given or exchanged. They are made to individuals by the federal government through various social benefit programs (welfare programs such as social security, old age or disability pensions, students grants etc.)

8. I believe the answer is that the Public universities have lower tuition rates than do private universities. This is because the government spending on education by provision of student loans, subsidies and scholarship to students would prompt public schools to charge less amount of tuition fee as they are receiving funds from the government.

9. I believe that many states rely on sales taxes to generate revenues. The sales taxes includes both general sales and selective sales taxes. States have no direct personal ta and do not collect a sales tax at the state level, although it allows the local government to collect their own sales taxes. 

10. I believe the answer is that it is difficult to divide it into small units, unlike money which can be divide into different small units. Gold may be used as a good measure or store of cash with benefits such as unlike cash its interest rates remain low, having long term stability and also not being a flat currency, however gold can be divided into small portions like cash.

11. The correct answer is that this is a system people can use to have their bills paid each month from their bank account. An automatic bill payment is a money transfer scheduled on a predetermined date to pay a recruiting bill. It is important to note that these are routine payments made from a banking account, brokerage or mutual fund account to vendors.

12. I believe the concern is because if he moves to another tax bracket, she will pay a higher percentage for a portion of her taxes. Normally taxes levied on an income of an individual increases with the amount of income earned. highly paid individuals pay higher taxes as income taxes is proportional to the amount of income earned

13. I believe the answer is that it can slow growth by decreasing consumer confidence.  In the short run the economy and voters benefit from deficit spending. it drives economic growth. However over the long term, as the debt-to-GDP ratio increases, debt holders could demand larger interests payments. There would be increased interest rate by the treasury which would slow the economy.

14. i think the answer is the financial intermediaries enables people to save or store money in a safe place. Financial intermediaries are entities that act as middlemen between two parties in a financial or business transaction. They include commercial banks, building societies, investments banks, mutual funds among others. They holds funds from lenders and then make loans to borrowers.














5 0
3 years ago
Barton Industries expects next year's annual dividend, D1, to be $2.00 and it expects dividends to grow at a constant rate g = 4
Gekata [30.6K]

Answer: See explanation

Explanation:

The flotation cost adjustment that must be added to its cost of retained earnings will be calculated thus:

= Expected dividend / [Current price × (1 - Floatation cost)] + Expected growth rate

= 2.00/[20.00 × (1 - 4.5%)] + 4.2%

= 2.00 /[20.00 × (1 - 0.045)] + 0.042

= 2.00 / (20.00 × 0.955) + 0.042

= (2.00/19.10) + 0.042

= 0.104712 + 0.042

= 0.146712

New cost of equity = 14.67%

You didn't give the cost of equity calculated without the flotation adjustment. Let's assume that this is maybe 11%, the floatation on adjustment factor = 14.67% - 11% = 3.67%

6 0
3 years ago
A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
liraira [26]

Answer:

Explanation:

Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.

Based on the information given, this will then be:

1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x

1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x

1310x - 20x = 32377.3 - 4075.5 + 32000

1290x = 60301.8

x = 60301.8/1290

x = 46.75

Therefore, the answer is 46.75 days.

6 0
3 years ago
PLEASE HELP ME I AM STUCK
Marat540 [252]
The answer is 350000
8 0
2 years ago
Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,0
mafiozo [28]

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

8 0
3 years ago
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