Yes, Slippery Slopes did Breach of Contract entered by both parties since it is contract whether verbal or written and as such, they they can be sued.
<h3>What is the breach of a contract?</h3>
This is known to be a violation of a contractual duty that has been entered by two or more parties. One may breach a contract if they fail to keep or carry out a promise, etc.
Therefore, the response is Yes, Slippery Slopes did Breach of Contract entered by both parties since it is contract whether verbal or written and as such, they they can be sued.
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Given:
Principal = 16,000
term = 8 years
rate = 6.5%
pre-terminated = 5 years
S.I = 16,000 * 6.5% * 8 years
S.I = 8,320 total interest earned in 8 years
total = 16,000 + 8,320 = 24,320
S.I = 16,000 * 6.5% * 5 years
S.I = 5,200 total interest earned in 5 years
S.I = 3,500 * 6.5% * 1 year
S.I = 227.50 one year's worth of interest on amount withdrawn.
16,000 + 5,200 = 21,200
21,200 - 3,500 - 227.50 = 17,472.50 new principal amount
S.I. = 17,472.50 * 6.5% * 3 years
S.I = 3,407.14 total interest on the remaining 3 years
Total = 17,472.50 + 3,407.14 = 20,879.64
24,320 - 20,879.64 = 3,440.36 less money
The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.
<h3>How do these metrics show productivity?</h3>
Taking the labor component in production as an example, one can see the impact of these metrics.
The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.
The average product then shows how efficient labor is because it gives an idea of the products produced per labor.
Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.
These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.
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Answer:
Net lease
Explanation:
A net lease is a leasing agreement where the lessee (Chris) pays the regular lease payment (in this case monthly rent) plus a percentage of all the taxes, insurance fees and maintenance costs (in this case Chris pays 100%). Usually net leases are agreed for commercial real estate, not residential homes.
Answer:
Available only for monopolies
Explanation:
In simple words, price discrimination in America is illegal only when it impedes competition in market or is done on the basis of race, religion etc. America is a capital intensive market which makes it a free market as well, in such a market framework, the market forces affect the prices and competition always remains high.
Therefore, monopolies are the only firms that can perform price discrimination to some extent.