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skad [1K]
4 years ago
10

David enters into a contract to give Edward the right of first refusal to purchase a tract of land owned by David. David subsequ

ently offers the land to Fred without first offering it to Edward. An appropriate remedy for Edward to seek would be:___________
Business
1 answer:
ruslelena [56]4 years ago
4 0

Answer:

injunction

Explanation:

Based on the information provided within the question it can be said that in this scenario Edward may seek an injunction. This is a court order that compels a party from continuing and further action that they may be doing or even compelling them to do a certain action. Which in this case since David is breaching the contract terms, the court will apply an injunction to stop David and/or make him give first rights of refusal to Edward as agreed to in the contract.

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In a small open economy with a fixed exchange rate, if the government increases government purchases, then in the process of adj
bearhunter [10]

Answer:

The correct option here is A) .

Explanation:

In the given small open economy , if government increase the government purchases than people in the economy will have more or increased money supply, so when the rates are fixed , in the short run , the income will rise with exchange rates remaining same. Thus option A is definitely correct as money supply would be increased to keep exchange rates fixed and augmenting the effects of government spending on income.

4 0
3 years ago
Liabilities are items you own that have value. <br> True False
shutvik [7]
That statement is false.
Liabilities are items that you owed to another people because of a certain transaction. (such as when you buy a certain product on credit)
We refers valuable items that we owned as an asset, which we could use to fund the operation that generate more wealth for us.
6 0
3 years ago
Read 2 more answers
According to a recent survey by BizMag, more than 60 percent of all employees believe that pilfering office supplies for persona
juin [17]

Answer:

Option C

Explanation:

C. There is a high degree of social consensus

8 0
3 years ago
When the laptop market overtook the desktop market, blue tech inc., a leader in desktop technology, was left at a competitive di
Sedaia [141]

In this scenario, Blue Tech Inc.'s failure can be best attributed to <u>"Time compression diseconomies."</u>


We accept time compression diseconomies where the snappier a firm builds up the asset, the higher the improvement cost. We demonstrate that time compression diseconomies normally offer ascent to asset heterogeneity and henceforth upper hand in that one firm builds up the asset quicker than the other. We evaluate the supportability of the upper hand, determine conditions  

under which the asset is "incomparable" and demonstrate that firm benefits are nonmonotonic in the degree of time compression  diseconomies.

5 0
3 years ago
Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu
quester [9]

Answer:

a. The contribution margin ratio will be 41%

b. The income from operations will be $12,420,000.

Explanation:

a. The sales are given at $112,900,000.

The fixed costs are $25,000,000.

The variable costs are $66,611,000.

The contribution margin will be

=Sales-variable costs

=$(112,900,000-66,611,000)

=$46,289,000

The contribution margin ratio will be

=(Contribution margin/sales)*100

=($46,289,000/ $112,900,000)*100

=41%

b. Now, if the contribution margin ratio is 40%.

The sales are given at $34,800,000.

The fixed costs are $1,500,000.

Income from operations or operating profit will be

=(sales*contribution margin ratio)-fixed cost

=$(34,800,000*0.4)-$1,500,000

=$12,420,000

7 0
3 years ago
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