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____ [38]
4 years ago
10

Sue and Kevin Kellman signed a contract for the construction of a cabin near Pinetop. In building the $562,000 cabin, the builde

r discovered that it had to put the vent for the heating system in the area where the hall closet is located. The result was that the Kellman’s had a half-closet there instead of a full-length closet that was open to the floor. The Kellmans: a. can be compensated under the doctrine of force majeure. b. can be compensated under the doctrine of substantial performance. c. need not pay for the cabin because of this material breach. d. can be compensated under the doctrine of commercial impracticability.
Business
1 answer:
AleksandrR [38]4 years ago
4 0

Answer:

The correct answer is letter "B": can be compensated under the doctrine of substantial performance.

Explanation:

Substantial performance is a concept in law by which and an individual who signed a contract can sue the counterparty because part of the contract was not fully respected but the incomplete portion is so minimal or irrelevant that it could not be considered as a breach of the contract.

Thus, <em>the Kellman's can sue the cabin house builder for not constructing a full-length hall closet and could be compensated for that change.</em>

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Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows:
anzhelika [568]

Answer:

$1.804 ; $1.7856

Explanation:

The computation is shown below:

The formula is presented below:

= Initial forecast + a × (Actual demand of last month - initial forecast of last month)

For November, it would be

=$1.83 + 0.1 × ($1.57 - $1.83)

= $1.83 - 0.026

= $1.804

For December, it would be

=$1.804+ 0.1 × ($1.62 - $1.804)

= $1.804 - 0.0184

= $1.7856

6 0
3 years ago
If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration __________ the wages of low-skilled
Andreas93 [3]

Answer:

Option B: will reduce

Explanation:

Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .

If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.

7 0
3 years ago
Elmdale Enterprises is deciding whether to expand its production facilities. Although​ long-term cash flows are difficult to​ es
Hunter-Best [27]

Answer:

Year 1

Incremental earnings = EBIT * ( 1 - Tax)

EBIT = Revenue - Operating expense - Depreciation

= 121.6 - 37.7 - 26.6

= $57.3 million

Incremental earnings = 57.3 * ( 1 - 35%)

= $37.245 million

Year 2

EBIT = 169.3 - 50.4 - 28.2

= $90.7 million

Incremetal earnings = 90.7 * (1 - 35%)

= $58.955 million

3 0
3 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

Answer: An ethical dilemma

Explanation:

An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

4 0
3 years ago
Read 2 more answers
Jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.875.
ss7ja [257]

The options provided are incorrect. The correct answer is given below

Answer:

New Portfolio beta = 1.125

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,

Portfolio beta = wA * Beta of A + wB * Beta of B +  ....  +  wN * Beta of N

Where,

  • w represents the weight of each stock in the portfolio

New Portfolio beta = 50000/200000 * 0.8  +  50000/200000 * 1  +  

50000/200000 * 1.2  +  50000/200000 * 1.5

New Portfolio beta = 1.125

6 0
3 years ago
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