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Ghella [55]
3 years ago
8

A buyer and a seller are disputing a contract for sale and purchase. They agree to submit the matter to a third party who will m

ake a binding determination regarding the matter. This type of settlement is called___________.
Business
1 answer:
leonid [27]3 years ago
3 0

Answer:

Arbitration

Explanation:

Based on the information provided within the question it can be said that this type of settlement is called Arbitration. This term refers to a form of resolving disputes outside of the court system by bringing in a third party who will render an "arbitration award" that will make a binding determination on the dispute. Which is completely enforceable in the courts.

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liubo4ka [24]

Statistics

Exports $318 billion (2014 est.)

Export goods Electronics, flat panels, ships, petrochemicals, machinery; metals; textiles, plastics and chemicals (2014)

Main export partners China 27.1% Hong Kong 13.2% United States 10.3% Japan 6.4% Singapore 4.4% (2012 est.)

Imports $277.5 billion (2014 est.)

4 0
3 years ago
Jordan is a sales officer who has been underperforming over the last three months. At the last monthly operations cycle meeting,
Rashid [163]

Answer:

D. Filtering.

Explanation:

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6 0
3 years ago
Which type of restaurant hires trained chefs to prepare food to order? _________ restaurants hire trained chefs to create ______
alekssr [168]
The answer is fine dining and good quality
7 0
3 years ago
Read 2 more answers
Gomez runs a small pottery firm. He hires one helper at $14,500 per year, pays annual rent of $7,500 for his shop, and spends $1
uysha [10]

Answer:

a). Accounting profits=$6,000

b). Economic profit=-$6,000

Explanation:

a). The accounting profits for Gomez's pottery firm can be expressed in the form;

Accounting profits-Total monetary revenue-Total monetary expenses

where;

Total monetary revenue=$86,000

Total monetary expenses=excludes opportunity cost=wages+rent+materials+equipment=(14,500+7,500+18,000+40,000)=$80,000

replacing;

Accounting profits=(86,000-80,000)=$6,000

Accounting profits=$6,000

b). Gomez's economic profit

Economic profit=Total revenue-total costs

where;

Total revenue=(86,000+5,000+6,000)=97,000

Total costs includes opportunity cost=(80,000+23,000)=103,000

replacing;

Economic profit=(97,000-103,000)=-$6,000

Economic profit=-$6,000

6 0
3 years ago
What amount must he invest today if his investment earns 8% compounded annually? What amount must he invest if his investment ea
VMariaS [17]

Answer:

Compounded annually:

24820 = x * (1.08^3) = 1.259712x

x = 24820/1.259712 = $19703

Compounded quarterly:

24820 = x*(1.02)^12 = 1.26824x

x = 24820/1.26824 = $19570

Explanation:

I hope you can understand better and no need for further explanation.

8 0
3 years ago
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