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Sergio039 [100]
3 years ago
12

Matthew has a contract to sell a piece of real estate to betty for $35,000. betty breaches the contract, and matthew immediately

sells the land to someone else at the best price he can get: $31,000. matthew can recover:
Business
1 answer:
Alik [6]3 years ago
4 0
Matthew can recover nothing because he was able to sell the land to someone else. Matthew has already sold his land as the part of his real estate to another person for $31,000 and Mathew could not recover anything from the first contract because Betty could not pay for the real estate price<span>. Although he has lost $4,000, he will not have any problem with the first contract with Betty.</span>
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Helen [10]
A local business is a busses that sells its products and services to consumers in its own city or town.
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2 years ago
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To pay for your​ education, you've taken out ​$29,000 in student loans. If you make monthly payments over 10 years at 7 percent
Scrat [10]

Answer:

$169.07

Explanation:

Data provided in the question:

Loan amount = $29,000

Time  = 10 years

Interest rate = 7% compounded monthly

Therefore,

Interest rate per period, r = 7% ÷ 12 = 0.583% = 0.00583

number of periods, n = 10 × 12 = 120 months

Now,

Loan amount = Monthly payments × [ { 1 - (1 + r )⁻ⁿ } ÷ r]

on substituting the respective values, we get

$29,000 = Monthly payments × [ { 1 - (1 + 0.00583 )⁻¹²⁰ } ÷ 0.00583]

or

$29,000 = Monthly payments × 171.53

or

Monthly payments = $169.07

7 0
3 years ago
A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Ymorist [56]

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Explanation:

The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.

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5 0
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What type of risk is eliminated through diversification?
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Answer:

<u><em>Unsystematic risk</em></u>

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Feliz [49]

Answer:

D) $123,000

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Total Costs provided, based on activity based costing,

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Other activity cost pool sharing for the above 3 activities

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Total of other activities = $36,000 + $45,000 + $42,000 = $123,000

Final Answer

D) $123,000

3 0
3 years ago
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