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stira [4]
4 years ago
9

Aaron questions whether there is consideration for his contract with Banquet Hall to exchange his musical performance of country

tunes at select social events for Banquet’s payment of a certain amount. To constitute consideration, the value of whatever is exchanged must be​ __________.
Business
1 answer:
jolli1 [7]4 years ago
6 0

Answer:

Legally sufficient.

Explanation:

The answer is that to constitute consideration, the value of whatever being exchanged must be legally sufficient because this means that consideration must be enough in the terms of the law like comitting to do something that you are otherwise not obligated to do.

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Rafi, a director of Super Service Station Corporation, does not attend a board meeting for three years. During that time, Twyla,
Varvara68 [4.7K]

Answer:

a. liable for negligence or mismanagement.

Explanation:

Given that,  

The cost of the improper loans = $100,000

Since the director of the Super Service Station Corporation does not attend a board meeting for three years plus the president Twyla had done the improper loans that reflect the mismanagement as without knowing the credit history of the people how it could make the loans.  

Moreover, there is no guarantee of returning the money so he is totally liable for his negligence or mismanagement

8 0
4 years ago
At Smartech, a company dealing in software products, employees often complain about the lack of clarity regarding the tasks they
Yuliya22 [10]

Answer:

(B) Analysis and design of work

Explanation:

HR functions , to resolve some problems like ,

  • Recruiting the Right People for the Right Job profile
  • Maintaining a Safe and healthy Environment
  • Compensation and Benefits
  • Employer-Employee Relations
  • Training and Development

Along with , listening to the complains and resolving them ,

As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .

5 0
3 years ago
Depreciation expense is added back to net income when preparing the cash flow from operating activities section because deprecia
luda_lava [24]

Answer:

Depreciation expense is added back to net income when preparing the cash flow from operating activities section because depreciation represents a non cash reduction to net income. Depreciation is a non cash reduction because it notes down the the reduction in the value of an asset due to use as an expense and because the company isn't making any cash transactions due to depreciation of assets therefore it is a non cash expense and this is why it is added back to net income when preparing cash flow from operating activities.

Explanation:

4 0
3 years ago
4.
pshichka [43]

the answer to this question is 4.70%

7 0
3 years ago
On January 1, 2011, The Miller Corporation purchased 300,000 shares of The Mayfair Corporation for $5.7 million. The investment
kow [346]

Answer:

2011 Value of investment in Mayfair

= Beginning investment value + Portion of Mayfair net income - Portion of Mayfair dividends

= 5,700,000 + (40% * 2,250,000) - (300,000 shares * 0.15)

= $‭6,555,000‬

2012 Value of investment

= Beginning investment value + Portion of Mayfair net income - Portion of Mayfair dividends

= 6,555,000 + (40% * -180,000) - (300,000 * 0.15)

= $‭6,438,000‬

7 0
3 years ago
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