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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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What are the similarities between scientific theory and bureaucratic theory?
lana66690 [7]

Answer:

The Scientific Theory is based on using data and human strengths to increase output, while the Bureaucratic management style focuses on hierarchies and tight job roles. Regardless of the organization, the goals remain the same across the board. Every organization strives to minimize costs, while maximizing output.

6 0
3 years ago
4. Each year, Holly's Best Salad Dressing, Inc. (HBSD) purchases 50,000 gallons of extra virgin olive oil. Ordering costs are $1
Norma-Jean [14]

Answer:

HBSD should take the discount because it will

lead to as savings of  $1,120.00  

Explanation:

step 1

<em>Determine the the inventory cost of EOQ</em>

EOQ =√ (2× Co× D)/Ch

= √(2× 100× 50,000)/ 80% × $0.50

= 5,000 units

Inventory cost = Purchase cost + Ordering cost + carrying cost

                                                                     $

Purchase cost = 50,000 × $0.50   =   25,000.00

Ordering cost   = (50,000/5000)× 100  = 1,000

carrying cost  =  (5000/2) × $0.50 × 80% = <u>1,000</u>

Total cost                                                   <u>27,000.</u>

Step 2

<em>Determine the inventory cost for order of 10,000 gallons</em>

Order of 10,000 gallons

Purchase cost = $(0.50-0.03) × 50,000      = 23,500.

Ordering cost = (50,000/10,000) × 100   =          500

Carrying cost = (10000/2) × $(0.50-0.03)× 80%  =<u>1880</u>

Total cost                                                          <u>   25,880.</u>

Step 3

<em>Compare the cost under the two options</em>

HBSD should take the discount because it will

lead to as savings of  $1,120.00   i.e (927,000 - 25,880.)

                   

6 0
3 years ago
Which form do independent contractors receive from clients to verify income
kirill115 [55]
The answer is for this question is B
3 0
2 years ago
Read 2 more answers
The Illinois populations of the greater prairie chicken benefited when managers brought in prairie chickens from other populatio
choli [55]

Answer: <em>Gene Flow </em>

Explanation:

In the population genetics, the gene flow which is also referred to as the allele flow is described as the transmission of the genetic alteration from one ends of the population to the other. If the amount of the flow tends to be high enough, then the respective populations are known to to have the equal allele frequencies and thus effectively can be termed as the single population.

4 0
2 years ago
Because of a recent job promotion, Jo-Anne needed to find a place to live in the city quickly. She agreed to purchase via phone
muminat

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

7 0
3 years ago
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