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3 years ago

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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In 2018, Rachel received a $1,900 refund of state income taxes that she paid in 2017. In 2017, Rachel claimed itemized deduction

Akimi4 [234]

Answer:

$1,100

Explanation:

The amount which Rachel must include in her 2018 gross income would be computed by applying an equation which is shown below:

= Itemized deductions - standard deductions

= $6,900 - $5,800

= $1,100

The $1,100 would be included in the $1,900 refund which is presented in her 2018 gross income.

The excess amount between itemized deductions and standard deductions would indicate the extra refund amount which is already included in its $1,900 refund amount

8 0

3 years ago

Which of the following of Wegman's motivating factors is an intrinsic motivator?

Delvig [45]

The answer choice which shows the Wegman's motivating factor which is an intrinsic motivator is:

a. A sense of pride from meeting customer needs

<h3>What is a motivating factor? </h3>

This refers to the things which makes a person behave in a certain way with the aim of getting a reward.

<h3>What is Intrinsic Motivation? </h3>

This refers to the pleasures gotten from performing a task or doing a certain action which is for fun, rather for external motivation like money or other rewards.

Therefore, we can see that from Wegman's policy, he was able to get intrinsic motivation from meeting the customer's needs which gave him a sense of pride.

Read more about motivation here:

brainly.com/question/6853726

7 0

2 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

k0ka [10]

Answer:

Wingate Company

1. Contribution format income statement segmented by divisions:

Company East Central West

Sales $ 1,500,000 $350,000 $620,000 $530,000

Variable expenses 655,500 154,000 241,800 259,700

Contribution margin 844,500 $196,000 $378,200 $270,300

Traceable fixed expenses 819,000 294,000 329,000 196,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (84,500) $(98,000) $49,200 $74,300

2. Decrease in net operating loss = $45,200

Explanation:

a) Data and Calculations:

Wingate's most recent monthly contribution format income statement:

Sales $ 1,500,000

Variable expenses 655,500

Contribution margin 844,500

Fixed expenses 929,000

Net operating income (loss) $ (84,500)

Additional data:

Division East Central West

Sales $ 350,000 $ 620,000 $ 530,000

Variable expenses as

a percentage of sales 44 % 39 % 49 %

Traceable fixed expenses $ 294,000 $ 329,000 $ 196,000

Implementation of the proposal:

Sales for West = $604,200 ($530,000 * 1.14)

Traceable fixed expenses for West = $225,000 ($196,000 + 29,000)

Contribution format income statement segmented by divisions:

Company East Central West

Sales $ 1,574,200 $350,000 $620,000 $604,200

Variable expenses 655,500 154,000 241,800 259,700

Contribution margin 918,700 $196,000 $378,200 $344,500

Traceable fixed expenses 848,000 294,000 329,000 225,000

Non-traceable fixed expenses 110,000

Net operating income (loss) $ (39,300) $(98,000) $49,200 $119,500

Decrease in net operating loss = $45,200 ($84,500 - 39,300)

5 0

2 years ago

You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre

vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0

3 years ago

4.An important feature of a is that the holder has the right, but not the obligation, to buy or sell currency.(a)swap(b)foreign

Ratling [72]

Answer:

(c) Foreign exchange option

Explanation:

Derivatives refer to those securities whose value is derived from the underlying asset. Examples being currency derivatives, commodity derivatives, etc.

Foreign exchange option refers to a derivative instrument whereby the holder has the right but not the obligation to buy or sell a currency at a future date at a predetermined rate fixed today.

In a call option, the holder has the right but not the obligation to buy a currency while in a put option the holder has the right but not the obligation to sell a currency.

The predetermined price at which the holder can buy or sell a currency is referred to as the strike price or exercise price.

5 0

3 years ago