1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
den301095 [7]
3 years ago
5

Ochre holds one ton of perishable fruit in storage for Produce Corporation. If Produce does not pay for the storage, under the d

octrine of mitigation of damages, Ochre is held to a duty to
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer:

do whatever is reasonable to minimize the damages.

Explanation:

The Doctrine of Mitigation of Damages provide for the control of damages, so that the one who has already incurred some damage, shall make efficient efforts to minimize the damage.

Accordingly even though the fruits belong to Produce Corporation, but since are perishable he shall in order to reduce his damage at the least by still keeping maximum facility for the fruits. Also he might sell, those fruits which shall refund some of the amount for which he damage is incurred.

You might be interested in
Today is date 0. In 10 years, you plan to retire and buy a house in Norman, OK. In terms of a time line, you will retire at the
Marianna [84]

Answer:

$20,441.67

Explanation:

the present value of your house is $200,000, its future value = $200,000 x (1 + 5%)¹⁰ = $325,778.93

you can earn a 10% annual interest rate for 10 years, that means that we can use a future value of an annuity factor = 15.937

your annual investment = future value of the house / annuity factor = $325,778.93 / 15.937 = $20,441.67

6 0
3 years ago
"After a severe hurricane in South Carolina, the price of electric generators quadrupled. People living outside of South Carolin
Alona [7]

Answer:

Arbitrage

Explanation:

Arbitrage occurs when the same good sells for different prices at different market. This price difference allows market participants to earn riskless profit .

In this case, the generator is more expensive in South Carolina when compared with other places. Thus, in order to earn riskless profit, people would buy where it is cheaper and sell at South Carolina where it is more expensive.

Economic theory suggest that if this kind of buying continues, soon the prices would be the same in both markets .

I hope my answer helps you

5 0
3 years ago
Read 2 more answers
Will i be rich from business or entrepreneurship
Ber [7]

Answer:

Business

Explanation:

entrepreneurship is just a map in which successful are those just make this web

7 0
3 years ago
Read 2 more answers
Select the correct statement regarding the contribution margin ratio. Multiple Choice The contribution margin ratio equals contr
Art [367]

Answer:

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

Explanation:

Contribution margin ratio = \frac{Contribution\:per\:unit}{Selling\:price\:per\:unit}

This can even be done by \frac{Total\:Contribution\:}{Total\:Sales}

This will calculate contribution as a percentage of Sales, with this margin ratio we get break even sales value, and not the units.

Whenever there is an increase in variable cost it decreases the contribution.

Therefore, correct statement is

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

8 0
3 years ago
Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil
myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

1)

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

2)

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0
3 years ago
Other questions:
  • Maas LLP developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectiv
    11·1 answer
  • An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular
    8·1 answer
  • Dallas is the manager of a manufacturing company. dallas's approach is to break down assembly workers' jobs into a series of ele
    14·1 answer
  • Suppose that you discover in your attic an overdue library book on which your grandfather owed a fine of 30 cents 100 years ago.
    15·1 answer
  • Ahmed, a lawyer, sold his car to Carlos. Has an implied warranty of merchantability been created by this transaction? No, becaus
    10·1 answer
  • When the average product of labor is decreasing​, the average product of labor is ▼ the marginal product of​ labor, and when the
    7·1 answer
  • EA13.
    5·1 answer
  • A company purchases 12,000 pounds of materials. The materials price variance is $6,000 favorable. What is the difference between
    9·1 answer
  • Vulcan Company’s contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ende
    11·1 answer
  • Which of the following statements is true? Group of answer choices The further in the future you receive a dollar, the less it i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!