<u>The party may be entitled to a </u><u>partial recovery</u><u> under the </u><u>contract.</u>
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<h3><u>What is Substantial Performance in Contract Law?</u></h3>
Each party promises to uphold its end of the bargain when two parties enter into a contract. Say, for instance, that a property owner hires a contractor to work on their property's construction, such as adding a wing to the house. The property owner will pledge to pay for the services provided, and the contractor will promise to carry out the construction as specified in the contract.
When there is just a minor deviation from the terms of the agreement, a good faith attempt was made to achieve complete performance, and there was no major breach, a party may claim substantial performance. In essence, the result will be adequate to support payment for the services provided.
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Answer: C. They are often based on a person's judgment is the original fact about objective criteria.
Explanation:
The objective criteria are often well explained with the reference of our thought of appropriate reasoning thought. It will be the clear choice of preference of the individuals. This is often used in the decision of the customers to convey their wish to buy a certain type of product.
The valuable unbiased nature of choosing the particular product is usually considered as the important factor of individuals Judgement. It will force the customer to act effectively to scrutinize the quality and the history of the product description.
Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.
Answer:
a. Compute Werbung's taxable income and tax for the year.
taxable income = $430,000 (revenue) - $355,000 (operating expenses) + $25,000 (long term capital gains) - $2,000 (long term capital loss) - $30,000 (short term capital loss) = $68,000
Corporations must include all their income and gains/losses under operating income, only individuals (including self employed, sole proprietorships and partnerships) can segregate between regular income and capital gains or losses.
b. Assume the same facts except that Werbung's long-term capital gain was $50,000.
taxable income = $430,000 (revenue) - $355,000 (operating expenses) + $50,000 (long term capital gains) - $2,000 (long term capital loss) - $30,000 (short term capital loss) = $93,000
Answer:
organic and mechanistic
Explanation:
In organic organization structure there are no a pyramid of leadership which are typically found in the organisations which divided into the lower level workers to senior management.
In this type of organisation structure most of the employees works in a horizontal clusters.
Here, the motive is to create a more homogeneous culture of employees via decentralized management roles.