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salantis [7]
4 years ago
14

Assume a contract exists between Mr. Jones, a college professor, and his student, Mr. Smith. Jones provides a syllabus, instruct

ion, tutoring, and assessments of learning, but Smith fails the class. Which element is absent in this case?
Business
1 answer:
Dmitrij [34]4 years ago
8 0

Answer:

evidence that the negligent act is the proximate cause of the loss.

Explanation:

According to my research on different contract requirements, I can say that based on the information provided within the question the element that is absent is the evidence that the negligent act is the proximate cause of the loss. This is because there is no proof within the statement that indicates that "Smith Failing the class" is because Jones did not fulfill his part of the contract.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Bart Just purchased a security for $17,000. This security will pay him $8,500 two years from today, $9,000 6 years from today an
andre [41]

Answer:

$,9789.97

Explanation:

Calculation to Find the payment (X) that he will receive at year 10

Using this formula

Let plug in the formula

Present Value = CF2/(1+r)^2 + CF6/(1+r)^6 + CF10/(1+r)^10 + CF4/(1+r)^4

Let plug in the formula

17,000 = 8,500/1.06^2 + 9,000/1.06^6 + X/1.06^10 - 3,000/1.06^4

Payment (X) = (17,000 - 13,909.61 + 2,376.28)*1.06^10

Payment (X) == $,9789.97

Therefore the payment (X) that he will receive at year 10 will be $,9789.97

3 0
3 years ago
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow:
Hatshy [7]

Answer:

Tiago

1. Weighted-average contribution margin per unit:

              Weighted-Average

              Contribution margin

                        per unit

Lens A            $9.5

Lens B            12.0

Lens C            15.05

2.  Break-even point (units) for each = Fixed cost/Contribution margin per unit

= Lens A = 4,921 units

Lens B = 6,233 units

Lens C = 4,349 units

3. Units to generate a profit target:  = (FC+ Target Profit)/Contribution per unit

Lens A = 6,842 units

Lens B = 8,667 units

Lens C = 6,047 units

Explanation:

a) Data and Calculations

              Percentage of      Contribution        Weighted-Average

                 Unit sales        Margin per unit      Contribution margin per unit

Lens A            25 %                $ 38                          $9.5

Lens B            40                       30                           12.0

Lens C            35                       43                            15.05

Fixed Costs of $187,000:

Lens A = 25% of $187,000 = $46,750

Lens B = 40% of $187,000 = $74,800

Lens C = 35% of $187,000 = $65,450

Break-even point (units) for each = Fixed cost/Contribution margin per unit

= Lens A = $46,750/$9.5 = 4,921 units

Lens B = $74,800/$12 = 6,233 units

Lens C = $65,450/$15.05 = 4,349 units

Profit of $73,000

Lens A = 25% of $73,000 = $18,250

Lens B = 40% of $73,000 = $29,200

Lens C = 35% of $73,000 = $25,550

Units to generate a profit target:  = (FC+ Target Profit)/Contribution per unit

Lens A =  ($46,750 + $18,250)/$9.5 = 6,842 units

Lens B = ($74,800 + $29,200)/$12 = 8,667 units

Lens C = ($65,450 + $25,550)/$15.05 = 6,047 units

3 0
3 years ago
Maria currently earns a REAL/NOMINAL wage of $12.00 per hour; in other words, the amount of her paycheck each week is $12.00 per
Temka [501]

Answer:

1) 12/3= 4 gallons of milk per hour is her real wage

Her nominal wage is $12 per hour, we then divide her nominal wage by the price of gallon of milk in order to find out how many gallons of milk can she afford from one hour of work. 12/3=4 so 4 gallons of milk is her real wage per hour.

2) Workers and firms negotiate compensation packages and agree on a Nominal wage with those expectations in mind, as nominal wage is the actual amount of money that they get. If the price level turns out to be lower than expected, a workers nominal wage is the same because he will be paid the same amount of money, but his real wage will be higher than expected, because real wage refers to the purchasing power of your money and when price levels are lower than expected the worker can buy more goods and services from the same nominal wage, which means that his real wage is higher than expected

3) Her Nominal wage increased from 12 to 12.36 which is

(12.36-12) =0.36

0.36/12= 3%

So her Nominal wages increased by 3%

If  inflation was 3% the price of milk would have been (1.03*3)= 3.09 but because inflation was 2% the price of milk was (1.03*3) = 3.06 so in order to find out the increase in real wage we will subtract inflation from the increase in nominal wage

Increase in nominal wage 3%

Inflation 2%

Real wage increase =3-2

= 2% real wage increase.

Explanation:

3 0
3 years ago
business buying often involves long-term relationships with suppliers. How does this affect buying behavior​
Nadya [2.5K]

Answer:

By having a ling term relationship with the supplier has good and bad effects on buying behavior. I say this because it is a mass struggle for up in coming business entrepreneurs to be able to build long term supplier relationships which makes a lot of businesses end up failing. On the other hand for business that are already pretty established this is a benefit because they do not have to sorry about the suppliers side of bailing out and costing the business a lot of money.

Explanation:

6 0
3 years ago
Read 2 more answers
Alex doesn't care about where he lives, but he does care about what he eats. Alex spends all his money on restaurant meals at ei
Levart [38]

Answer:

Part 1). Yes, Alex be better off in Paris if the relative prices between American and French meals (p_a/p_f) are lower in Paris than Austin because his capability to buying goods growths so his cash is fundamentally value more locally.

Part 2) No, Alex be better off in Paris if the relative prices between American and French meals (p_a/p_f) are higher in Paris than Austin because even though he can buying the same components, they will cost extra, and he will consume less goods than living in Austin

5 0
3 years ago
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