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3 years ago

An ex-gratia claim made when a project is closed down is made when

Business

1 answer:

densk [106]3 years ago

4 0

Answer:D. There is no contractual basis for a claim.

Explanation: An ex-gratia claim is a claim made from the sense of a moral obligation, there is no legal compulsion or regulation guiding such a claim.

A contract is a binding agreement between two or more persons of sound mind etc when the contract is completed and closed, any claims made by any party can not be binding.

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Should the law allow someone that becomes voluntarily incapacitated through intoxication or other means escape from a contractua

Svetach [21]

1. The law does not allow a person who becomes involuntarily incapacitated to escape his contractual responsibilities, they must be fulfilled unless it is proven that the disability does not permit full compliance under any circumstances.2. The statutory statutes of contractual responsibilities take into account whether a person is incapacitated or not. At the time of compliance with these statutes, the parties concerned must be aware of any inconvenience.If the disability arises after a contract has been signed, there are laws that govern according to the type of contract, the facts under which there are conflicts and the type of disability that exists, as well as the time it originated and its causes.

6 0

4 years ago

If the reserve requirement is 20 percent and Acme Laundromat deposits $10,000 cash in the banking system, the total change in th

NISA [10]

Answer:

Bank to loan = $8,000

Explanation:

Given:

Amount bank had = $10,000

Reserve requirement = 20%

Find:

Change in money supply

Computation:

Bank to loan = $10,000 (100% - 20%)

Bank to loan = $10,000 (80%)

Bank to loan = $8,000

6 0

3 years ago

Suppose, you have $20,000 in your account. You receive a monthly

Setler [38]

Answer:

According to the data provided the opportunity costs is detailed below:

Initial Balance $20,000

Monthly interst $200

Investment $500

________________________

The Opportunity cost is $500

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:

1. Spending the money

2. Save the money

3. Invest the money

Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.

3 0

4 years ago

A company is planning to spend up to $10,000 on advertising. It costs $3,000 per minute to advertise on television and $1,000 pe

sergeinik [125]

Answer:

The company should hire 2 min in television and 3 min in radio.

Explanation:

This is a maximization problem. The first thing to do is to set the main equation given and to define the constrainsts. In this case the constraints are: 3x+1y ≤ 10, x ≥ 0, y ≥ 0 x and y are integers (since you only can hired entire minutes). An interation process with possible x,y combinations is the proper approach. If you do not use solver (Excel microsoft), you have to prove every x,y possible combination and visually identify the max outcome for revenues

6 0

4 years ago

At the end of 2009, the following information is available for Clobes Company, Snyder Company, and Welz Company (you must show y

ella [17]

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: This question is incomplete and lacks necessary data to solve for this question. However I have found similar question on the internet and I will be using that data. Besides, I have attached the data used in the attachment below.

Solution:

1. The debt-to-equity ratio is the best way to assess financial risk. A higher debt-to-equity ratio indicates a higher level of financial risk. This ratio represents the willingness of the equity of the owners to fulfil their obligations.

Formula used:

Debt-to-equity ratio = Total liabilities divided by owner's equity

For Clobes:

Total liabilities = 100,000

Owners' equity = 200,000

Debt-to-equity ratio = 100000/200000 = 0.5

For Snyder:

Total liabilities = 300,000

Owners' equity = 200,000

Debt-to-equity ratio = 300000/200000 = 1.5

For Welz:

Total liabilities = 300,000

Owners' equity = 100,000

Debt-to-equity ratio = 300000/100000 = 3

Welz faces the greatest financial risk because it has the highest debt-to-equity ratio. It has a debt-to-equity ratio of three. Even though it depends on the industry, a company's debt-to-equity ratio should be between 1 and 1.5 if it is considered optimal. In this case, Welz's financial risk is considerably higher.

2. calculate Return on Equity(ROE)

Formula used:

ROE = Net income / Owner's equity

For Clobes:

Net income = 25,000

Owners' equity = 200,000

ROE = 25,000 / 200000 = 0.125

For Snyder:

Net income = 30,000

Owners' equity = 200,000

ROE = 30000 / 200000 = 0.15

For Welz:

Net income = 20,000

Owners' equity = 200,000

ROE = 20000 / 100000 = 0.2

Welz has the highest return of equity (ROE) of 0.2.

As a result, Welz is the most profitable company.

3. Return on assets:

Formula used

Return on Assets = Net income / Total assets

For Clobes:

Net income = 25,000

Total assets = 300,000

Return on Assets = 25,000 / 300000 = 0.08

For Snyder:

Net income = 30,000

Total assets = 500000

Return on Assets = 30000 / 500000 = 0.06

For Welz:

Net income = 20,000

Total assets = 400,000

Return on Assets = 20000 / 400000 = 0.05

Hence,

Clobes has the highest return on assets, which is 0.08.

5 0

3 years ago