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
timofeeve [1]
3 years ago
12

AllSpice Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies hav

e agreed to draft the business contract in the Leone Republic. Since the contract will be drafted under a common law framework, what best characterizes the contract?
Business
1 answer:
zheka24 [161]3 years ago
8 0

The contract must be very detailed and should include all the contingencies spelled out in it.

<u>Explanation:</u>

Contract is a document that is made between two or more than two parties who have come in to an agreement with each other over a particular thing. The contract might be a business contract that the parties make which should have the proportion of profit and liabilities of the business that is to be shared among the partners.

Since the profit and losses are to be shared between the business partners on the basis of this contract, the contract should have very detailed information in it and all the contingencies should be spelled out in it.

You might be interested in
Rocky Guide Service provides guided 1–5 day hiking tours throughout the Rocky Mountains. Wilderness Tours hires Rocky to lead
o-na [289]

Answer:

Please find the complete question in the attached file.

Explanation:

Rocky believed there would be a 30\% possibility of a July bonus for touring, i.e < 50\%, from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as \$2,400 / day trip \times 10 days =\$2,400 throughout this duration.

The expected 15-day revenues from 16th July – 31st July may well be calculated as \$2,400 \times 15 \ days = \$36.000. Rocky calculated that it would get the bonus 80\% of the time. Estimates a \$240/day\ bonus \times (10\ days + 15\ days) = \$6,000

3 0
3 years ago
Oliver's Company (OC) produces batches of chicken and beef organic dog food. Each time OC switches production from chicken to be
Vlad1618 [11]

Answer:

$3,600

Explanation:

Calculation to determine what amount of set-up costs should be allocated to the chicken dog food

Using this formula

Set-up costs = Cost per each set up * Totals ups

Let plug in the formula

Set-up costs=$20 * 180

Set-up costs=$3,600

Therefore the amount of set-up costs that should be allocated to the chicken dog food is $3,600

6 0
2 years ago
The _____, which prohibited employers from using unfair labor practices, declared that the official policy of the u.s. governmen
Novay_Z [31]

The <u>Wagner act</u>, which prohibited employers from using unfair labor practices, declared that the official policy of the u.s. government was to encourage collective bargaining.

<h3><u>What is the Wagner Act?</u></h3>

The Wagner Act, officially known as the National Labor Relations Act of 1935, is the most significant labor law passed in the United States during the 20th century. Its principal goal was to make it lawful for most workers—with the notable exception of domestic and agricultural workers—to form or join labor unions and engage in collective bargaining with their employers.

The Wagner Act, sponsored by New York's Democratic senator Robert F. Wagner, made the federal government the exclusive arbiter and regulator of labor relations. It established the National Labor Relations Board (NLRB), a permanent body of three members (later expanded to five), with the authority to hear and decide labor disputes through quasi-judicial processes.

Learn more about the Wagner act with the help of the given link:

brainly.com/question/25970080

#SPJ4

8 0
1 year ago
Shop –N-Go Systems purchased cash registers on April 1 for $6,000. If this asset has an estimated useful life of four years, wha
vichka [17]

Answer:

Depreciation= $250

Explanation:

Giving the following information:

Purchasing price= $6,000

Useful life= 4 years

Depreciation= straight-line

First, we need to calculate the annual depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 6,000/4= 1,500

Now, the depreciation for two months:

Depreciation= (1,500/12)*2

Depreciation= $250

3 0
3 years ago
Aside from low-cost strategy, describe other methods that businesses can use to differentiate their products.
Anettt [7]

Aside from low cost strategy, there are more other methods that will help business in differentiating their products.

<span>·         </span>Exploring new markets – This where the market concentrates on their fellow contenders.

<span>·         </span>Partnership with other firms – It is a way of teaming up with other organizations which will be of benefit for the products that is being sold by the company.

<span>·         </span>Innovation – It is a way of asking higher price compared to other companies when new features of the product is being added as consumers will most likely want to buy something new and fresh.

<span>·         </span>Propose amplified provision – Different services are being applied for the sake of consumers so that more consumers will be attracted to the product.

8 0
3 years ago
Other questions:
  • By referring to the attorney by his title but calling other employees by their first names, the law firm is transmitting their o
    8·1 answer
  • Mary begins an internship at a small company that makes touchscreens for imported smartphones. Her first assignment is to estima
    6·1 answer
  • The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranch
    14·1 answer
  • Which of the following is not one of the four types of analyses outlined in the text as a method for analyzing sales organizatio
    12·1 answer
  • What happens to the matter and energy in fossil fuels when the fuels are burned? Help
    9·1 answer
  • For banks, online transactions are an inexpensive alternative to branch banking. Transaction costs are about ________ per online
    15·1 answer
  • What is technical profession?Give examples.​
    8·1 answer
  • Company Company A Company B Forecasted return 7% 11% Standard deviation of returns 8% 23% Beta 1 3 The market risk premium is 6%
    12·1 answer
  • on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
    10·1 answer
  • How is the market supply curve derived from the supply curves of individual producers?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!