Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
I believe the answer is d., the federal budget.
Answer:
integrity versus despair
Explanation:
integrity versus despair. In the integrity versus despair process, people reflect on the lives that they have been living and either have a feeling of fullness or a feeling of remorse and despair over the misperformance of their lives.
Erikson's integrity vs. Despair (1982). He is one of the few theoreticians to consider the old age as a developmental stage. This last stage of life is the conflict of dignity vs. despair. Erikson indicates that this phase commences with a mortality sensation
Instrumentality.
Since Rick believes that working hard will result in better incentives and his attitude towards these incentives is not known, we can say that in the context of expectancy theory of motivation, that this scenario best reflects the factor of <u>instrumentality</u>.
Vroom's expectancy theory of motivation attempts to explain that people choose to perform certain actions over other in a manner that aims to maximize pleasure and reduce pain to lowest possible extent.
There are three factors that affect motivation : expectancy, instrumentality and valence.
Expectancy : refers to the belief of working harder with the expectation of attaining the goals set within an organization.
Instrumentality : refers to the belief that one will be rewarded if certain goals are met. These rewards may take the form of increased wages, recognition, increased incentives etc.
Valence: refers to the value attached by the worker to the reward that has been attained.
Answer:
a) Market Value = $100 million × $20 = $2,000 million = $2 billion
Market value of equity would remain same = $2 billion
b) Market value would remain same after recap. Only market capitalization would reduce to half.
Market value of equity = 1 billion
c) Buying back shares increases the stock price which demonstrates the faith of the company in its work. But creditors have capital gains.
d) After recap and cash flow firm total value has increased to $2 billion + $100 Million = $2.1 billion and market value of equity has increased from $20 to $22 . ($1000 + $100)/50 = $22.
e) Equity shareholders have gained due to increase in there share value
Explanation: