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IRISSAK [1]
3 years ago
5

Dean, the president of Billing & Credit Company, promises to pay his employee Ewing, who is dangerously obese, $10 for every

pound that he loses within the next eleven months. Ewing agrees, diets and exercises, losing 154 pounds over the stipulated period and asks Dean for $1,540. Dean refuses to pay, saying that he does not remember the promise, but that even if he did make it, there was no consideration, and Ewing's improved health is sufficient benefit for his effort and sacrifice. Ewing files a suit against Dean. In whose favor is the court likely to rule and why?
Business
1 answer:
Aliun [14]3 years ago
4 0

Answer:

See the explanation below.

Explanation:

The court likely to rule in favor of Ewing.

The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.

The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.

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A delivery company spent $3,500 last week upgrading one of its trucks. This week the company is trying to decide if this upgrade
Scilla [17]

<u>Answer:</u> Sunk cost

<u>Explanation:</u>

Sunk cost means the expense which has been already met by the firm and they cannot be recovered at any rate.  Sunk costs are not based on the future decisions as these expenses for the firm are the same irrelevant to the project which it is assigned. Sunk costs are not a part of the budget plan.

In the given scenario the delivery company has spent $3500 in order to upgrade the truck. So $3500 is treated as sunk cost in the proposed project.

4 0
3 years ago
In calculating the unemployment rate, "discouraged" workers who are not actively seeking employment are:a. Excluded from the lab
murzikaleks [220]

Answer:

a. Excluded from the labor force

Explanation:

Labor force comprises people in active employment or those not employed but as actively seeking work.  Active employment consists of employed, self-employed, and those engaged in economic activities for a profit. Unemployed are the jobless people actively seeking for work. Students, retired people, children, the aged, and those not working and not seeking work are not part of  the labor force.

Discourage workers are a group of jobless workers who have given up the search for jobs. They are workers who, after failing to secure a job, have given-up; hence they are no-longer searching. Discouraged workers are not part of the labor force as they are not actively seeking work.

6 0
3 years ago
As we become more senior and lead larger teams, the focus of leader development becomes more about what action?
Margarita [4]

Answer:

As we become more experienced, more senior, and lead bigger teams, the focus of leader development becomes more about enhancing the performance and building of characters. Moreover, leaders must remain competent, and team performance is the primary success of any leader. A leader must be a solution finder at any stage to leads the team towards success.

Explanation:

7 0
3 years ago
Read 2 more answers
1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200
qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act.  It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity.  It also provided for voluntary prescription drugs under the medicare program.  However, the utilization and cost of the program skyrocketed as soon as the funding source was established.  It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.

3 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
wolverine [178]

Answer:

C) $88,000

Explanation:

period cost: cost which cannot be capitalize through inventory or other assets.

Under variable cost, the fixed cost are treated as period cost.

Fixed costs:

Fixed manufacturing overhead $ 60,000

Fixed selling and administrative expense $ 28,000

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3 years ago
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