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Vadim26 [7]
3 years ago
7

Bill Builder entered into a contract with Carl's Carpets to supply him with the carpeting he needed to complete the renovation o

f Famous Restaurant. When Carl did not deliver the carpeting on the contract date, Bill had to find similar carpeting from a different vendor for 5 a yard more than he would have paid to Carl. There was a time is of the essence clause in Bill's contract with Famous Restaurant. Bill was to lose 300day for each day after the contract date that he was late in finishing the renovation. The 300 day represented the profit Famous Restaurant would lose each day it was not in operation. Bill told Carl about this clause, impressing on Carl the need for him to deliver the carpet on time. Bill finished the renovation three days after the contract date. The delay was due solely to Carl's failure to deliver the carpet on time. Bill can recover the 900 he lost from Carl as ___________ damages.
Business
1 answer:
pshichka [43]3 years ago
5 0

Answer:

consequential damages

Explanation:

According to my research on different types of law suits, I can say that based on the information provided within the question Bill can recover the 900 he lost from Carl as consequential damages. These are damages have happened because of one party's failure to meet a certain deadline or contractual obligation and can be proven in court. Therefore since Bill can prove that he lost the 900 because of Carl's negligence he will most likely win that case.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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4 years ago
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Coca-Cola has a variety of strategic business units (SBUs) in its beverage business. Glaceau Vitamin Water is in a high-growth m
salantis [7]

Answer:

"Problem child" is the correct answer.

Explanation:

  • Throughout a highly expanding economy, but with a different business model, the compounds would be considered problematic children or questioning indentations.
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Thus the above is the correct answer.

8 0
3 years ago
1. Classical Conditioning How would classical conditioning operate for a consumer who visits a new tutoring web site and is gree
Agata [3.3K]

Answer and explanation:

Proposed by Russian psychologist Ivan Pavlov (1849-1936) classical conditioning is a form of learning in which a conditioned stimulus is associated with an unconditioned stimulus to generate a response. The conditioned stimulus does not generate any response at first but after conditioning it the desired conditioned response is generated.

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3 0
3 years ago
Agreement and disagreement among economists.
Montano1993 [528]

Answer:

a) differences in scientific judgments.

b) Tariffs and import quotas generally reduce economic welfare.

Explanation:

Manuel is an economist who believes in classical approach of economy whereas Poornima is an economist who believes in Keynesian approach.  

The Classical economics supports the idea of law and quantity theory of money. The Classical economist believes that economy is capable to achieve its natural level of real GDP by using available resources. Classical theory focuses on monetary policy to manage its money supply in an economy.

Keynesian economic theory states that government should boost demand to increase the growth. This theory believes in expansionary fiscal policy.  

Manuel and Poornima disagree due to difference in their scientific judgment. They are arguing over the type of policy need to keep the economy running smoothly.

The Import and Tariffs quotas generally reduce the economic welfare. Most of the economist agrees to this proposition. Tariffs when increased then economic growth of a country slows down.  

4 0
3 years ago
The total book value of WTC’s equity is $13 million, and book value per share is $20. The stock has a market-to-book ratio of 1.
lisabon 2012 [21]

Answer:

5.38 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt

where,

Cost of Equity = 9.00 % (given)

After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %

Market Value of Equity = 1/5 x $13 million = $2.6 million

Weight of Equity = $2.6 million / $11.6 million = 0.22

Weight of Debt = $9 million / $11.6 million = 0.76

therefore,

WACC =  9.00 % x 0.22 + 4.74 % x 0.76

           = 5.38 %

thus

the company’s WACC is 5.38 %

5 0
3 years ago
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