Answer:
The answer is: B) Monetary unit assumption
Explanation:
Monetary unit assumption refers to a concept used in accounting practices where all business transactions and related events can be measured and expressed in terms of monetary units. This is done since monetary units are stable and dependable. The only language businesses understand is money.
The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract.
<h3>What is the contract about?</h3>
In contract law, a "material" breach of contract is known to be a form of breach that took place when one part fails to carry out the contract and this strikes so well at the heart of the contract that it tends to renders the agreement "practically broken"
Note that The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract because it passed the due date.
Learn more about contract law from
brainly.com/question/25789642
#SPJ1
Considering the case about above, Daisy is most likely liable for breach duty of loyalty.
Daisy is been regarded as director of Extraction Corporation, which means she should be loyal to that office by following the protocol in performing tasks.
Duty of loyalty simply implies that individual should be loyal to his or her office by following the ethics of the organization.
Therefore, Daisy breached duty of loyalty because, of her opposition to merge the Extraction.
Learn more about breached duty of loyaltyat:brainly.com/question/14319735
There's an obvious answer... high risk; ergo high return.
Answer:
A. $1,100,000
Explanation:
total sales = $1,500,000
gross profit rate is expected to be 30% so cost of merchandise which is sold = 1,500,000 * (1-0.3)
= $1,050,000.
Now inventory is mentioned in terms of cost of merchandise we want to add 50000 more towards the end so total cost of merchandise = 1,050,000 + 50000 = $1100000
Therefore, The cost of the merchandise the company should expect to purchase during 2013 is $1100000