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stepladder [879]
3 years ago
6

HURRY On Monday, Monahan accepts a job at Acme for $50,000 per year. He is to begin work on Friday. On Tuesday, Acme informs him

they cannot hire him. Which of the following is true? Select one: a. Acme will breach the contract on Friday if they refuse to hire Monahan. b. Monahan will breach the contract if he fails to come to work on Friday. c. Neither breached the contract because there is no contract until Friday. d. Acme breached the contract on Tuesday
Business
1 answer:
andriy [413]3 years ago
7 0

Answer:

The correct answer is : C. Neither breached the contract because there is no contract until Friday.

Explanation:

As the contract will only become valid when both the parties Mohan and ACME sign up and this will only happen on Friday. But as Mohan is informed by the Acme on Tuesday that they can not hire him before signing up the contract that is scheduled on  Friday. Since there is no valid agreement between parties, no breach of contract occurred.

Thus, the correct answer is option C. Neither breached the contract because there is no contract until Friday.

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3 years ago
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arlik [135]

Answer:

limited problem solving

Explanation:

 Limited problem solving -

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Hence , from the given scenario of the question ,

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5 0
3 years ago
Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
bekas [8.4K]

Answer:

effective tax rate = 13.54

Explanation:

given data

total income = $83,000

taxable income = $62,000

tax liability = $11,239

to find out

effective tax rate

solution

we get here effective tax rate that is express as

effective tax rate = \frac{total\ tax}{total\ income}    .................1

put here value and we get

effective tax rate = \frac{11239}{83000}  

effective tax rate = 13.54

6 0
3 years ago
What is the value to a start up business of using primary marketing research
KengaRu [80]

Answer:

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage.

Explanation:

7 0
2 years ago
The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a. Calculate the required rate of retur
Andreyy89

Answer:

a. 14.75%

b. Under priced

Explanation:

The computation for the required rate of return is shown below:

a. Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 6% + 1.25 × (13% - 6%)

= 6% + 1.25 × 7%

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= 14.75%

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3 0
3 years ago
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