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Anna [14]
3 years ago
15

AllSpice Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies hav

e agreed to draft the business contract in the Leone Republic. Since the contract will be drafted under a common law framework, what best characterizes the contract?
Business
1 answer:
Cerrena [4.2K]3 years ago
6 0

The contract must be very detailed and should include all the contingencies spelled out in it.

<u>Explanation:</u>

Contract is a document that is made between two or more than two parties who have come in to an agreement with each other over a particular thing. The contract might be a business contract that the parties make which should have the proportion of profit and liabilities of the business that is to be shared among the partners.

Since the profit and losses are to be shared between the business partners on the basis of this contract, the contract should have very detailed information in it and all the contingencies should be spelled out in it.

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vitfil [10]
The answer is Sales Promotion.  This is the element of the promotion mix that power pro used in this scenario.  It uses <span>both media and non-media marketing communications for a pre-determined, limited time, so as to increase consumer demand, stimulate market demand or improve product availability. </span>
3 0
4 years ago
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending bal
lakkis [162]

Answer:

The Return on total assets is 7.3%. The right answer is c

Explanation:

In order to calculate the the return on total assets we would have to calculate the following formula:

Return on total assets = Earnings before interest and taxes / Average total assets

Earnings before interest and taxes=Net income + Interest expense

Net income=$21,643

Interest expense=$4,450

Average total assets =$359,218

Return on total assets= ($21,643 + $4,450) / $359,218

Return on total assets=0.0726=7.3%

The Return on total assets is 7.3%

6 0
3 years ago
Entrepreneurs affect the economic decisions a country makes by:
xeze [42]

Answer:

D. identifying new ways for people to fulfill their wants and needs

Explanation:

Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.

Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.

8 0
3 years ago
Zara's identification of customer needs can be categorized as which planning and strategic management step?
Sauron [17]

Answer:

E) assess the current reality

Explanation:

  • Zara's method of identification of the customer's needs and wants and then categorization them as per the planning perspective and strategic management involves the assessment of the current reality trends in the market and keeping a check on the demands of the customers.
8 0
3 years ago
It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is:
deff fn [24]
It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is: $200.
This is true because the probability of raining is 0.8%, which is 0.2% away from becoming 1.0%, which is 100%. Since you earn $200 if it rains and the probability of rain is the majority, the expected value is $200.
7 0
3 years ago
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