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ella [17]
3 years ago
11

John contracts with Kelly to buy a certain number of cattle for Kelly’s Circle K ranch. John makes a deal with Lawson, the owner

of a local herd, and makes a down payment. Kelly fails to pay the rest of the price. Lawson sues John for breach of contract. John’s right to hold Kelly liable for any damages that he has to pay is the right of ____(A) indemnification.(B) compensation.(C) ​cooperation.(D) ​reimbursement.
Business
1 answer:
ivann1987 [24]3 years ago
7 0

Answer:

The answer is A, "Indemnification".

Explanation:

Indemnification is the right that people have in a contract in the case of one of the parties fails with their obligations. It pays for actions caused by negligence in some cases, it also is agreed in order to protect one of the parts of the contract for financial loss or any other damages caused.

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iris [78.8K]

A firm is practicing sustainability if it is able to make a profit without depleting any of its resources, including employees, natural resources, and the support of the surrounding community.

The main objective of sustainability is for people to live in peace and harmony on Earth for an extended period of time.

Since it is difficult to come to a consensus on specific definitions of sustainability, they change over time and in the literature.

This idea can be applied to inform choices made at the international, governmental, and personal levels.

The environmental implications of sustainability are frequently highlighted in the common usage of the term.

Since about 2000, climate change, biodiversity loss, ecosystem services loss, land degradation, and air and water pollution have been the most significant environmental challenges.

At this point, humanity has crossed multiple "planetary limits".Sustainable development is a topic that is related.

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8 0
1 year ago
What are the benefits of organizing your thoughts before you begin to speak?
mixas84 [53]
Sometimes when speaking, your thoughts get very jumbled, if you're at all like me. Organizing your thoughts can well, organize your thoughts! :)
7 0
3 years ago
Read 2 more answers
If a company abandons a segment of its operation, the loss would be reported on the a.income statement immediately after cost of
kvv77 [185]

Answer:

d.income statement immediately after income from continuing operations.

Explanation:

We should look at what the accounting principles and normatives threatment suggest.

As the firm should firm indicate the resulf the going business the discontinued operation should be disclosure separately from it. Thus, once complete the disclosure of the continued operation the firm should post the loss on this discontinued operation

7 0
3 years ago
In previous years, Cox Transport reacquired 2 million treasury shares at $22 per share and, later, 1 million treasury shares at
Hoochie [10]

Answer:

24 million shares  ; $16 million

Explanation:

The computation of the weightage number of treasury shares are shown below:

             Number of shares       Price       Total

                   2                              $22         $44 million

                   1                               $28         $28 million

Total           3                                               $72 million

So, the weighted average number of shares would be

= $72 ÷ 3 = 24 million shares

Now the journal entry would be

Cash A/c Dr $64 million                  (2 million treasury shares × $32)

          To Paid in capital - share repurchase A/c $16 million

          To Treasury stock $48 million    (24 million treasury shares × $2)

(Being the treasury shares are sold)

4 0
3 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
gogolik [260]

Answer:

2080 dollars

Explanation:

Given that Cardinal Industries purchased a generator that cost $11,000

cost of generator = 11000

Estimated life       = 5 years

Residual value     =1000

Hours                    =5000

Depreciation per unit hour = (Cost - residual value)/total lifetime hours

=\frac{11000-1000}{5000} \\=2

For first year the generator was used for 1,040 hours.

Hence depreciation to be charged in I year

= 1040(2)\\=2080

answer is 2080 dollars.

3 0
3 years ago
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