Answer:
this contract includes 2 performance obligations
Explanation:
the performance obligations are as follows:
- performance obligation 1 refers to providing 4,000 keyboards to Bionics
- performance obligation 2 refers to the special discount options which could be redeemed by the client resulting in a material right. If the client had not made this purchase, then it wouldn't be entitled to the special discount.
A performance obligation is created whenever a business promises a customer that it will deliver or provide a good or service.
<span>The options attached to the question above are given below:</span>
<span>A. </span>The culture of the host country is likely to be
much more individualistic than U.S. culture is.
B. The manager will have greater difficulty finding
educated workers in the host country than in the United States.
C. The manager may not be familiar with the host country’s
language.
D. The host country will likely tax a larger
percentage of the manager’s income than the United States would.
E. The host country will likely have few
protections for its workers.
ANSWER
The correct option is D.
A socialist system is a type of economic system in which the factors of production are jointly owned by all the citizens and production affair is regulated by the government. Such a country does not encourage individuals to operate personal business. Thus, such a country will lay high tax on the income of the manager in order to discourage him from selling his machine in their country.
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Entrepreneurship is both the study of how new businesses are created as well as the actual process of starting a new business – the term is used interchangeably.
