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Fed [463]
3 years ago
6

Third-party beneficiary:

Business
2 answers:
Gnoma [55]3 years ago
4 0

Answer:

B, A person who is not a party to a contract but who the contracting parties meant to benefit from the contract and has rights to sue if the contract is not performed intended beneficiary

Explanation:

Like in the above answer, a third party beneficiary is simply a party C that is not initially included in a contract between party A and party B but that will benefit from the performance of the contract between parties Aand B.

As a third party in a contract, he/she can sue the non performance of the contract as it is in the power of the third party to.

Cheers.

polet [3.4K]3 years ago
4 0

Answer:

B. A person who is not a party to a contract but who the contracting parties meant to benefit from the contract and has rights to sue if the contract is not performed Intended beneficiary

Explanation:

Third party beneficiary is a person who may have the right to sue on a contract, despite not having originally been an active party to the contract

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Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
Elodia [21]

Answer:

2.7

Explanation:

The inventory turnover is defined as the ratio between the cost of merchandise sold during the year and the average inventory.

Average inventory can be defined as the mean between initial and ending inventory. The inventory turnover is:

IT=\frac{\$270,000}{\frac{\$110,000+\$90,000}{2} } \\IT=2.7

The inventory turnover ratio is 2.7.

3 0
3 years ago
▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than
BigorU [14]

Answer:

5000 in 1 year at 4% = $4,807.6923

9000 in 2 year at 1% =

Explanation:

We will calculate the present value of the loan at maturity

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 5000

time 1

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\frac{5000}{(1 + 0.04)^{1} } = PV

PV  $4,807.6923

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 9000

time 2

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\frac{9000}{(1 + 0.01)^{2} } = PV

PV  $8,822.6644

8 0
3 years ago
Which of the following statements are true about recession?
timofeeve [1]

The TRUE statements about recession are as follows:

a. After a recession, the rate of change in government spending tends to increase, which leads to an increase in the real GDP.

c. During a recession, the rate of change in government spending tends to increase, which leads to an increase in the real GDP.

<h3>What are recessions?</h3>

Recessions are significant declines in economic activities.  They are felt greatly in real GDP, income, and employment.

Recessions are characterized by many business and bank failures, slow or negative growth in productive activities, and elevated unemployment.

Thus, the true statements about recessions are <u>Options A and C</u>.

Learn more about recessions at brainly.com/question/532515

4 0
2 years ago
A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to
nasty-shy [4]

Answer:

Correct Answer:

a. Manufacture the product at home and let foreign sales agents handle marketing.

Explanation:

For the small Canadian company, manufacturing the product at home (Canada) would afford them the opportunity to protect their new medical product from piracy. Also, they would be able to receive tax incentives from their government as well file for patent of their new innovation.

<em>The foreign agent would strictly be focused on the marketing of the finished product without having access to the detailed information of the product.</em>

8 0
3 years ago
Australia's Health Insurance Commission processes 300 million health claims and makes annual payments of $8 billion of payments
Aleks04 [339]

The insurance company would store all its information in a <u>data warehouse</u> to support management decision making.

<h3>What is a data warehouse?</h3>

This means the large store of data that was accumulated from a wide range of sources within a firm and are used to guide the management decisions.

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Read more about data warehouse

<em>brainly.com/question/25885448</em>

7 0
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