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3 years ago

The __________ theory of a business's duties to consumers claims that a business has four main moral duties: the basic duty of

Business

1 answer:

Soloha48 [4]3 years ago

4 0

Answer:

Contractual

Explanation:

The complying with the terms of a sales contract, and the secondary duties of theory of a business's duties to consumers claims that a business has four main moral duties.

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A preliminary prospectus_____________.

Ilya [14]

Answer:

The correct answers are letters "B" and "C": does not contain the public offering price of the issue; contains the financial statements of the issuer.

Explanation:

A preliminary prospectus is a registration draft companies file to attract investors' attention. This file could contain the firm's financial statements, plan of use for the funds, and overall management information. The preliminary prospectus comes before the final prospectus in which the company proposes a price range to be offered for the security issued at the Initial Public Offering (IPO).

7 0

3 years ago

Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2

alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

8 0

3 years ago

Big Equipment Company sold a tractor-scraper to Ace Paving for $125,000. Ace made a down payment of $25,000 and agreed to pay th

miv72 [106K]

Answer:

a. Reformation

Explanation:

In the given instance, it is clearly observed that the Vehicle Identification Number is not correctly written in the contract, and that happened due to typing errors, and was not intentional.

In these cases the courts order to reform the contract, and then the reformed contract shall reflect the intentions of both the parties as what they intend.

In the given case also, reformation will take place as the error is not due to intentionally, fraud with the other party. Thus correct option is:

a. Reformation

7 0

3 years ago

Which area of study involves microeconomics?

Mazyrski [523]

Answer:

The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.

Explanation:

5 0

3 years ago

Read 2 more answers

Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks

Tems11 [23]

Answer:

case 1: when $405,000 fixed overhead cost can be avoided

make buy net income

direct material

994700 0 994700

direct labor 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 195000 405000

purchase price 0 2314200 (2314200)

total 2528500 2509200 19300

YES,jobs should accept the offer because it results in saving of $19300

CASE 2: when no fixed overhead can be avoided

make buy net income

direct material 994700 0 994700

direct labour 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 600000 0

opportunity cost 375000 0 375000

purchase price 0 2314200 (2314200)

total cost 2903500 2914200 (10700)

NO, jobs shold not accept the offer because it results in loss of $10700

4 0

2 years ago