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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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Most farmers own wells and tube-wells in their farms for irrigation to increase their produce, what adverse effect can this have

Mrac [35]

Most farmers own wells and tube wells on their farms for irrigation to increase their production, which affects the water level. Thus, option B is correct.

<h3 /><h3>Who is a farmer?</h3>

A farmer is someone who does agribusiness and cultivates living things for food or natural goods like crops, cotton, etc.

The farmers would have wells and tube well on the farm because the irrigation to be much at a higher level with water reduces the water level of the ground to a significant amount which would in the future affect the soil plantation as well the soil binding capacities

There will be a large-scale depletion in the water that is present underground. Therefore, option B is the correct option.

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A decrease in agriculture output

B reduction of the water level

C loss of capital

D loss of soil fertility

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2 years ago

Which type of budget indicates more expenses than income?

Fittoniya [83]

Answer:

a deficit budget

Explanation:

A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

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3 years ago

Consumer surplus:

elena-14-01-66 [18.8K]

Consumer surplus is the difference between the maximum amount the consumer is willing to pay for the price of the good and the price that was actually paid by the consumer or commonly known as the current market price. The price that the consumer is willing to pay is determined by the demand curve in the market.

8 0

4 years ago

Read 2 more answers

Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com

solong [7]

Answer:

4 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow.

Initial Investment = $280,000

Net Income = $20,000

To calculate the net cash flows add bask the depreciation expense in Net income each year.

Depreciation = ($280,000 - $30,000) / 5 = $50,000

Net Cash Flow = $20,000 + $50,000 = $70,000

Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years

5 0

3 years ago

Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items

OLEGan [10]

a. The average aggregate inventory value is <em>$336,000.</em>

b. The number of weeks of supply that the firm has is <em>3 weeks</em>, approximately (2.69 ($336,000/$6,500,000 x 52).

c. The inventory turnover of Sapphire Aerospace for last year was<em> 19.3x.</em>

<u>Question Completion</u>:

Category Part Number Average Value Total Category

Inventory Units per Unit Value Totals

Raw Materials RM-1 20,000 $1 $20,000

Materials RM-2 5,000 5 25,000

RM-3 3,000 6 18,000

RM-4 1,000 8 8,000 $71,000

Work-in-process WIP-1 6,000 10 60,000

WIP-2 8,000 12 96,000 $156,000

Finished goods FG-1 1,000 65 65,000

FG-2 500 88 44,000 $109,000

Total value of inventory $336,000 $336,000

Inventory turnover = Cost of goods sold/Average inventory

= 19.3x ($6,500,000/$336,000)

Thus, the average inventory value is $336,000, while the inventory turnover was 19.3x.

Learn more about inventory turnover here: brainly.com/question/5701250

3 0

3 years ago