1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Savatey [412]
3 years ago
8

When comparing contracts in common law and civil law systems, it can be said that:________ a. contracts drafted under a civil la

w system tend to be more specific than those drafted under a civil law system. b. resolving contract disputes tends to be less adversarial in common law systems than in civil law systems. c. civil law systems allow for judges to interpret a contract dispute, but this feature is absent in common law systems. d. contracts drafted under a common law system tend to be longer than those drafted under a civil law system. e. it is more expensive to draw up contracts in a civil law system than in a common law system
Business
1 answer:
blagie [28]3 years ago
4 0

Answer:

d. contracts drafted under a common law system tend to be longer than those drafted under a civil law system.

Explanation:

Common law can be defined as a set of unwritten laws which are primarily based on precedent court decisions, tribunal decisions and customs and are usually employed in similar court judgments and rulings that cannot be determined by existing statutes.

On the other hand, civil law can be defined as a set of law which regulates private or personal matters such as family matters, marriage, property, contracts etc.

When comparing contracts in common law and civil law systems, it can be said that contracts drafted under a common law system tend to be longer than those drafted under a civil law system because the drafters of contracts under civil law are able to rely on codified and standard default rules.

You might be interested in
Product placement has reached the world of live theater and opera. The difference between product placement and other forms of p
AleksAgata [21]

Answer: Products are focused showing different angles.

Explanation:

Product placement is a form of advertisement in which a product is consciously placed in a televised show or video advert.

This done to draw the public attention to the specific product. The product can be the central attention point of the advert or may have repeated appearances in a show.

7 0
3 years ago
Why would a business prefer to keep an invention secret instead of applying for a patent
kati45 [8]
Answer Trade secrets derive their legal protection from their inherently secret nature
7 0
1 year ago
Holly’s Candle Shop sells scented candles. The shop offers hundreds of different types of candles, but they are all priced at ei
ANTONII [103]

Answer:

C) price lining

Explanation:

Based on the information provided within the question it can be said that Holly’s Candle Shop appears to be using price lining. This refers to a business decision in which a range of products from the same product line are priced differently depending on the difference in quality. Which is most likely the case in Holly's store since she sells only candles but the higher quality candles are priced at $10 while the lowest quality ones are priced at $6.

7 0
3 years ago
A personal characteristic that fosters organizational politics is a) the desire to help. b) need for power. c) drive to be a vis
DanielleElmas [232]

Answer: b) need for power.

Explanation:

Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.

To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.

7 0
3 years ago
CA5-5 WRITING (Cash Flow Analysis) The partner in charge of the Kappeler Corporation audit comes by your desk and leaves a lette
zvonat [6]

Answer:

Explanation statement of cash flow for the year ended December 31.2017

Cash flow from operating activities

Net income                                              100,000

Add back depreciation          10,000

Add back amortization              1,000

Add back loss on asset sales   5,000

Increase in account receivable(40,000)

Increase in inventory                 (35,000)

Decrease in accounts payable (41,000)   (100,000)

Net cash from operating activities                  0

Cash flow from investing activities

Sales of land                                  25,000

Purchase of equipment                (100,000)

Purchase of Land                          (200,000)

Net cash from investing activities                     (275,000)

Cash from financing activities

Payment of dividends                    (10,000)

Redemption of bonds                    (100,000)

Bet cash from financing activities                       (110,000)

Net decrease in Cash                                         ( 385,000)    

Cash balance in January 1, 2017                         400,000

Cash balance in December 31 , 2017                    15,000

<u>Workings</u>

1)

The disparity between the net income and the cash floe are as a result loss of cash to operating activities as a result of  cash tied down to increase in receivable and inventory and also to an increase in payable leading to an overall cash generated by operating activities of 0

Moreover , a larger portion (300,000) of the opening cash balance(400,000) for the year was used in acquiring land and equipment and also 100,000 used in the redemption of bond. , even though this reduced the interest expense and improve equity , yet it was a big blow to the cash flow.

2)

The importance of cash flow is that it helps to analyse and monitor cash movement and cash available for the purpose of business activities towards liquidity and long term solvency.

3)

Renewable sources of cash flow are generated from the company's operating activities as the cash used for the financing and operating activities are generated from this medium.

4)

Suggestion to improve cash flow for Kappler are

  1. Reduce the level of inventory held
  2. Negotiate with the account payable for a longer trade payable payment period
  3. Reduce the trade receivable collection period
  4. Payment of dividends and redemption of bonds van be suspended till alter date when adequate cash is available
  5. it can also negotiate for external sources of financing

       

4 0
3 years ago
Other questions:
  • Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by $30,000, and its ending inventor
    9·1 answer
  • What are the main contributing factors that cause back injuries in the workplace?
    10·2 answers
  • If franco's pizza parlor knows that the marginal cost of the 500th pizza is $3.50 and that the average total cost of making 499
    15·1 answer
  • Scarcity means that there are more wants than one can meet based on the limited amount of resources.
    8·1 answer
  • In a message using the direct​ approach, the opening should​ _____.
    9·1 answer
  • How many formal and informal forecasting methods do you have at work or at home?
    10·1 answer
  • What is the repetition of patterns across a building design.
    10·1 answer
  • If you were hired by a company to work in an area where hazardous chemicals are stored but your regular job would not require yo
    8·2 answers
  • The principle of exceptions allows managers to focus on correcting variances between________.
    9·1 answer
  • Assume the market for ball bearings is purely competitive. Currently, each of the firms in this market is earning positive econo
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!