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kap26 [50]
3 years ago
13

Johann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a

delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be ___________.
A. permitted because contracts may be freely delegated.
B. permitted because the contract is just for music lessons.
C. prohibited because the contract is for service from a specific person.
D. prohibited by the UCC because this is a sale of services.
Business
1 answer:
Softa [21]3 years ago
7 0

Answer:

The correct answer is (b)permitted because the contract is just for music lessons.

Explanation:

Recall that,

Johann,  a well known musician  agrees to give out ten lessons of guitar to Elton for an amount of $ 2000. this contract forbids delegation.

Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.

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ABC Bookstore sells packages of books that include both new and used
Verdich [7]

Answer: there should be 8 new books in each package and there should be 24 used in each package.

Explanation:

8 time 17 is 136 then you add 24 times 7 and you get 168. Then you add that together to get a total of 304 dollars

4 0
3 years ago
Planet Earth Developers is a large nationwide construction company with home offices in Lansing, MI. The local media often remar
san4es73 [151]

Answer: Planet Paul understands even though it cost a little more, the stakeholder considerations are important if one want their business to thrive.

Explanation:

The value of stakeholders to organizations cannot be underappreciated. Stakeholders are the individuals that are interested in ones company and gives ones business both financial and practical support.

Stakeholders include investors, employees, loyal customers etc. Based on the above question, Planet Paul understands even though it cost a little more, the stakeholder considerations are important if one want their business to succeed.

8 0
3 years ago
The penalty for a substantial understatement is triggered when ____
zysi [14]

Answer:

The correct answer is A

Explanation:

A substantial understatement may occur when tax return is understated by an amount greater than 10% of the tax required to be shown on the tax return.

Example: If a tax payer that is suppose to report a $6000 tax due and choose to report a $2000 instead, to know if a penalty will be charged or not it has to be greater than 10% of the amount which is suppose to be reported (i.e $6000 x 10% = 600) . therefore in the case shown above the penalty will be applied

3 0
3 years ago
A company's days' cash on hand is computed by dividing:​ Group of answer choices ​cash and short-term investments by daily cash
Romashka-Z-Leto [24]

Answer:

The answer is A. ​cash and short-term investments by daily cash operating expenses

Explanation:

This is calculated as follows:

cash and short-term investments(cash equivalents) ÷ daily cash operating expenses.

Cash equivalents are very short-term securities. They are very liquid and can be converted to cash very quickly. Examples are bank accounts short-term securities like treasury bills.

Days cash on hand is the number of days that a firm can afford to pay its operating expenses, given the amount of cash available.

5 0
3 years ago
You want to have $13,000 in 9 years for a dream vacation. If you can earn an interest rate of .4 percent per month, how much wil
alexdok [17]

Answer:

PV= $8,447

Explanation:

Giving the following information:

Future value= $13,000

Number of months= 9*12= 108

Interest rate= 0.4/100= 0.004 compounded montlhy

To calculate the initial investment required, we need to use the following formula:

PV= FV/(1+i)^n

PV= 13,000/(1.004^108)

PV= $8,447

7 0
3 years ago
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