<span>Technically, Kyle lied to Patrick about the time at which he would punch him. However, there is no contract to prove that this was what was said on the phone (heresay). Additionally, it does not mention that there was any sort of agreement or consideration made between the two of them regarding this. And even if there was, there might be a legality issue due to the fact that punching is both assault and battery when committed on a person, so the contract may not even be enforceable.
In terms of civil torts, Kyle didn't really commit anything that is pursuable in court, but did commit battery and assault. If Patrick fell or hit his head further and was injured/killed, he would be liable for an involuntary action, of which would be manslaughter if Patrick died. He would also be able to be sued for wrongful death by Patrick's family.</span>
Answer:
$ 90000
Explanation:
Given :
The normal selling price of an industrial solvent by Wilson Corporation = $ 100 per barrel.
The variable cost per barrel = $ 40
Total fixed cost of the company = $ 900,000 per month.
Number of barrels in excess = 30,000 per month
Number of barrels the buyer wants to buy = 5000 barrels
New fixed cost = $ 60,000
The increased variable cost is $ 10 per barrel over the normal variable cost.
Now if this special order is accepted, the operating income of the company would increase by an amount of $ 90,000.
Answer:Long-term investments tie up money for More than one year.
One reason why individuals focus on long-term investments is to save for retirement.
A(n) 401(k) allows both employees and employers to contribute to a retirement plan.
Option (d) the amount owed on a liability is correct.
Paying an amount on account reduces the amount owed on a liability.
<h3>What is liability?</h3>
- A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
- There are various ways to define a liability's duration. The average duration (or mean term) of the liability is what is typically meant by the term "duration of liability" in actuarial valuation. In other terms, it refers to the typical rate of a liability's repayment.
- Liabilities can be used by businesses to increase liquidity if they are having cash flow issues. Most small and medium-sized enterprises lack the financial resources necessary to grow.
Learn more about liability here:
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Answer:
Option D, Final goods, and services produced in the United States.
Explanation:
Option D is correct because the gross national product is the value of all goods and services produced in the domestic boundary of a nation during the accounting year and all the net factor income from abroad. Since there is a lack of information regarding the net factor income from abroad in the question, so just consider the value of final goods and services produced in the domestic territory that will be part of GNP.