Answer:
protected by 15,000
Explanation:
the owner equity in the property is for:
60,000 - 35,000 = 25,000
the exemtion is up to 15,000
When the exemption is greater than his equity in the house the creditors can force the sale like in this case. However the man will receive proceeds from the sale.
After the mortage is paid, the proceeds form the sale will split 15,000 to the man and the rest from the credit card debts.
Answer: best case Nvp $2,943,304,509.57
Worse case NVP
-$2, 601,609,39
Answer:
The answer is a) depreciation equals $50.
Explanation:
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Thus the only relevant answer to the scenario will be a) since NDP is 50$ less than the Gross domestic product. The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods.
This depreciation over the year can be in the form of housing, vehicle, or machinery deterioration.
Answer:
The cost of underestimating demand is considered a revenue loss that arises due to cancellation of flight costing $125. Hence, cost of underestimating the demand is, 
= $125 .
The cost of overestimating the demand is known as rewards. For example. free round trip ticket worth $250. Hence. cost of overestimating the demand. 
= $250 .
Denote the optimal probability of tickets not being sold by P. The expression is shown below:
P = 0.3333
Hence. the optimal probability that the tickets are not being sold is 0.33.
Apply the formula, NORMSINV (0.3333) in the Excel spreadsheet
The value of z is obtained as -0.4308. The negative value of z indicates that the number of seats to be overbooked must be less than an average of 25.
As per the stated question, an average of 25 customers cancel or do not show for the flight. Also the standard deviation is 15.
Calculate the number of seats by which company SD should overbook the flight.
= Value of z x Standard deviation
= -0.4308 x (15)
= -6.462
Subtract the value. 6 from the average customers that do not show up for the flight.
25 - 6 = 19 seats
Hence, the airlines should overbook the flight by 19 seats .
Answer:
B. There is no contract
Explanation: A contract is an agreement between two or more people to enter into a relationship which can be a business relationship or other types of Relationship.
FOR A CONTRACT TO BE BINDING IT MUST MEET CERTAIN CRITERIA WHICH INCLUDES
(1) CONSENT OF THE PARTIES INVOLVED.
(2) THE PARTIES INVOLVED MUST BE OF SOUND MIND ESPECIALLY AS AT THE TIME THE CONTRACT IS BEING SIGNED
(3) THE CONTRACT MUST BE LEGAL ETC.
Between Jane and Al there is no contract as Al does not agree with the proposal of Jane.
