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
Oksana_A [137]
3 years ago
13

Samantha, a famous artist, has a contract with Alec to paint his portrait for $6,000. Samantha is very busy and wants to delegat

e her duty to do the painting to Patty, her top student and a very talented artist. If Alec objects, a court likely will: a. not honor the delegation because, as a general rule, delegations are not allowed. b. not honor the delegation because the contract is based on personal skill. c. honor the delegation because, as a general rule, delegations are allowed. d. honor the delegation only if the delegation was in writing.
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

B. Not honor the delegation because the contract is based on personal skill.

You might be interested in
A 6.5 percent coupon bond with 14 years left to maturity is priced to offer a 7.2 percent yield to maturity. You believe that in
olasank [31]

Answer:

The correct answer is : 35.49

Explanation:

Calculation of the current bond price:

N = 28, I = 3.6, PMT = 32.50

FV = 1,000; CPT PV = -938.89

Calculation of the price in one year:

N = 26, I = 3.4, PMT = 32.50,

FV = 1,000; CPT PV = 974.38

So, the dollar change in price is:

$974.38 - $938.89 = $35.49

5 0
3 years ago
On January 1, your company issues a 5-year bond with a face value of $10,000 and a stated interest rate of 6%. The market intere
Lapatulllka [165]

Answer:

Debit Interest Expense $440.64, Debit Premium on Bonds Payable $159.36 and Credit Cash $600

Explanation:

Amount paid in cash = $10,000 * 6% = $600

Interest expense = $11,016 * 4% = $440.64

Amortization of premium on bonds payable = Amount paid in cash - Interest expense

Amortization of premium on bonds payable = $600  - $440.64

Amortization of premium on bonds payable = $159.36.

Debit Interest Expense $440.64

Debit Premium on Bonds Payable $159.36

Credit Cash $600

5 0
3 years ago
Suppose that people in France decide to permanently increase their savings rate.Predict what will happen to the French bond mark
Elenna [48]

Answer:

The answer is: C) There will be an increase in​ wealth, creating a shift to the right in the demand curve for bonds in France. France can therefore expect permanent lower interest rates in the future.

Explanation:

When the residents of a nation decide to permanently increase their savings, that affects the economy in several ways. At first, it will lower the total demand for products and services (to be able to save money you must spend less) and increase the quantity demanded for bonds. This increase will lower the price (in this case interest rate) of bonds.

When the interest rates of bonds is lower, it means the cost of borrowing money for the general population will also lower. The interest rate commercial banks charge their clients always follow the interest rate of bonds. That will lead to greater investment and spending in the economy, and future economic growth.

6 0
3 years ago
A $1,000 par value bond with a conversion price of $50 has a conversion ratio of
AveGali [126]

Answer:

Conversion ratio will be 20 shares

Explanation:

We have given bond value = $1000 per bond

Conversion price = $50

We have to find the conversion ratio

Conversion ratio is the ratio of bond value per bond to the conversion price

So conversion ratio will be equal to =\frac{bond\ value\ per\ bond}{conversion\ price}=\frac{1000}{50}=20\ shares

So conversion ratio will be 20 shares

So option (D) will be correct answer

3 0
3 years ago
Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against
zhuklara [117]

Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

Learn more about monopoly on:

brainly.com/question/13113415

6 0
3 years ago
Other questions:
  • 11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it
    14·1 answer
  • Joe's Taco Hut can purchase a delivery truck for $20,000 and he estimates it will generate a net income (after taxes, maintenanc
    5·1 answer
  • On July 9, you purchased 600 shares of Blue Water stock for $32 a share. On August 4, you sold 100 shares of this stock for $33
    5·1 answer
  • During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
    11·1 answer
  • arlene is single and ahas taxable income of $34000. her tax liability is currently $4636. she has the opportunity to earn an add
    14·1 answer
  • Which is a way that companies attempt to get consumers to buy their products instead of their competitor's products? 1. market r
    9·1 answer
  • Sales mix is the relative combination of:
    7·1 answer
  • The workers at State Hospital, a public sector employer, and Acme Inc, a private employer, are subject to speech censorship and
    15·1 answer
  • Toby works in an office where employees scan a large number of documents everyday. His manager has asked him to purchase a new s
    6·2 answers
  • Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!