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Alborosie
3 years ago
7

Thirty-five members of the Ortiz extended family were spread across three states—Illinois, New York and Florida—and they rarely

were able to get everyone together. For Thanksgiving 2018, Mary Elizabeth Ortiz decided to surprise her family by booking a mountain retreat for the entire clan. She especially wanted to celebrate her uncle's return from overseas military service. On September 15, 2018, Mary rented a spectacular lodge in the Tennessee Smoky Mountains with over 20 bedrooms and an incredible view, paying in advance the full $2,500 per night fee for 3 evenings, but not purchasing travel insurance. The lodge had the following cancellation policy: "A sixty (60) day notice is required for cancellation. Cancellations that are made within 60 days of the arrival date, for any reason, forfeit the full advance payment and reservation deposit. You are advised to purchase travel insurance separately if cancellation costs are a concern." The rental contract also stated that the only exception would be for "acts of God, such as fires or earthquakes." One week before Thanksgiving, Mary's uncle had a heart attack and was hospitalized. The next day, November 16, 2018, Mary cancelled the reservation, and requested a full refund, which the lodge refused to provide. Does Mary have a claim for the return of her $7,500?
Business
1 answer:
Stells [14]3 years ago
8 0
The answer will be 2,500 because u have to calculate which I did.
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The problem of deciding or choosing how to satisfy unlimited wants with limited resources is called economic problem

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The amount of money left in a checking account after the checks and the service charges have been deducted is called the:
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A(n) _____ is a business that is based primarily in a single country but acquires some meaningful share of its resources or reve
NeTakaya

Answer: International business

Explanation:

 The international business is the term that is refers to the trade of the various types of products, technology and the services at international level.

The internal business encompasses all the activities as it is promoting the various types of ideas about the resources, products, revenue and the technologies across the international boundaries.

According to the given question, the international business is basically  acquired the various types of resources from the other countries easily and more efficiently.

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3 years ago
Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner,
irina1246 [14]

Answer:

Rust Pipe Co.

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Explanation:

Total votes for the Founder's Family = 52,525 x 11 = 577,775

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Founders of companies who want to go public but still retain control of the entity may decide to issue two or more classes of shares in order to allocate more voting rights to some classes than the others.

In this case, while the founder's family currently held 52,525 shares representing 29.2% of the total outstanding shares, in voting rights, the founder's family has 33.6% control.

4 0
3 years ago
​(Related to Checkpoint​ 5.2) ​(Future value) ​(Simple and compound​ interest) If you deposit ​$1 comma 000 today into an accoun
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Answer and its explanation:

Interest earned in the third year can be found from following two steps

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Now the interest earned in the third year is:

Interest earned in the third year = $1166.4 * 8% = $93.312

Part B

Answer and its explanation:

The simple interest is the interest arising from the principal investment made in the year zero to date and this can be calculated as under:

Simple interest = Principal investment * rate of interest * number of years

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And the interest arising from the compounding of interest can be found by the difference of the Future value of the investment for three years and simple interest.

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Interest arising through compounding of interest = $1000*(1+0.08)^3 -$1240

= $19.712

6 0
3 years ago
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