Answer: $0.79
Given:
C=Cost of the land: $1,981,300
S=Salvage value of the land: $267,000
N=Total number of ores mined= 2,170,000 tons
To get the depletion expense per ton of ore:
(C-S)/N
=($1,981,300-$267,000)/2,170,000
=1,714,300/2,170,000
=$0.79
If the market is price sensitive, this means consumers react to small variations in price. In this case, if you were to lower your price to below your competitors, and the market was price sensitive, you would expect to gain more customers. Consumers are wanting to maximize their utility (get the most for the smallest amount of money). If they are price sensitive, they will look for the lowest price that still has an acceptable quality.
The answer would be distract yourself from the problem because if you blow up on your boss that fixes nothing and will most likely lead to you getting fired. If you dwell on it you will never have the problem fixed. And if you keep it inside you will still be affected by it and it still wont be fixed. Hope this helped. <span />
Answer:
d. Debra will prevail, as Ted is bound to the contract
Explanation:
Options are <em>"a. Ted will prevail because Debra was a minor when the contract was formed b. the contract is illegal c. the contract is void d. Debra will prevail, as Ted is bound to the contract"</em>
The general rule is that a minor can enter into any contract an adult can, provided that the contract is not one prohibited by law for minors such as the sale of alcoholic beverages or tobacco. Debra is a minor (below age of 18) and she can honor the contract or make it Void. Since she did not make it Void the contract, Ted is bound to the contract as per the Contract Act. So, Debra can recover because Ted was bound to the agreement. Hence, the correct answer is <u>Debra will prevail, as Ted is bound to the contract</u>.
Answer:
corporations
Explanation:
A corporation is a limited liability form of business ownership. It is considered a separate and district entity from the owners. As per the law, a corporation is a legal person. It can do business transactions, own properties, incur liabilities, sue, and be sued.
Due to its limited liability feature, the owners of corporations are not liable to its debts. Limited liability protects the properties of shareholders from being interfered with should the corporation fail to pay its obligations. The owners are liable up to the extent of the share contribution.