All categories

3 years ago

What could happen if you end a service contract early?

Business

1 answer:

wariber [46]3 years ago

8 0

You are charged an early termination fee.

Explanation:

When you sign a contract you will have to see if you are viable to pay an early termination fee in case you decide to terminate a contract in between and if so how much it will cost to do so.

There are no other legal obligations in place usually unless directly specified in the service contract.

Usually the fee is to cover for the cost procured or that will be procured on securing newer services in the face of the termination.

You might be interested in

Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process.

Reptile [31]

Answer:

The correct answer is A. Skill-based pay.

Complete question and statement: Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process. Employees earn $10 per hour when they are hired and they can earn up to $20 per hour if they master all 12 work units in the production process. Which of these reward systems is being applied by Steelweld?

A. Skill-based pay

B. Piece-rate pay

C. Job evaluation system

D. Seniority-based pay

E. Membership-based pay

Source: https://www.coursehero.com/file/p6jelia/p-166-Steelweld-a-car-parts-manufacturer-pays-employees-a-higher-hourly-rate-as/

Explanation: It is perfectly clear that this car parts company is promoting the development of skills during the production process. The employee knows in advance that as he or she develops a greater number of skills, he or she will have a better pay. The formula for a better payment is disclosed.

7 0

2 years ago

If nominal GDP is $900 billion and, on average, each dollar is spent six times in the economy over a year, then the quantity of

NeTakaya

Answer:

Option B (150) is the correct answer.

Explanation:

Given:

Nominal GDP,

= $900

Money velocity,

= 6

As we know,

⇒ $Nominal \ GDP=Quantity \ of \ demanded \ money\times Money \ velocity$

By putting the vales, we get

⇒ $900=Quantity\times 6$

⇒ $Quantity=\frac{900}{6}$

⇒ $=150$

7 0

2 years ago

Suppose that there are only two small countries in the world: ascot, with a population of 37 comma 500 people, and delwich, w

FromTheMoon [43]

Answer: The price of the tied good is $27.

Explanation: The practice of tying is used to package products in such a way that the price of the tied (combined) good is closer to the buyers total willingness to pay for the two goods.

In this case, the total willingness to pay of Carnivore is $20+$7=$27

While, that of Leafygreens is $8+$12=$20

Thus, the producer will sell the combined good at $27 as it will give him more revenue.

8 0

2 years ago

Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the

Anna35 [415]

Answer:

C) Organizational plurality 

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0

3 years ago

Which of the following serves as the justification for the periodic recording of depreciation expense? a. Association of efforts

SIZIF [17.4K]

Answer:

"B"

Explanation:

Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.

As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken

7 0

3 years ago