1) The most permanent type of business organization is a Corporation.
It<span> is a company or group of people or an organisation authorized to act as
a single entity (legally a person) and recognized as such in law.
</span><span>2) Quasi-contracts are based on the theory of Equity. </span><span>A quasi-contract is a
fictional contract that was created by courts to promote equitable
treatment. It is not an actual, legally-binding document, but instead a legal
substitute for a contract that is formed to impose equity between two
distinct parties.
3) </span>The object of the contract must be lawful.. T<span>he </span>object<span> of a </span>contract must
be lawful<span> when the </span>contract<span> is made, and possible and ascertainable by
the time the </span>contract is to<span> be performed.</span>
Answer:
Real interest rate= 0.06 = 6%
Explanation:
Giving the following information:
Nominal interest rate= 10%
Inflation rate= 4%
The real interest rate is the result of deducting from the nominal interest rate the inflation rate. I<u>nflation has the opposite effect than the interest rate on the value of money through time.</u>
Real interest rate= nominal interest rate - inflation rate
Real interest rate= 0.10 - 0.04
Real interest rate= 0.06
Answer:
The correct answer is b. Cash Cow.
Explanation:
Multinationals look beyond their core business for additional sources of income to increase their income statement. Secondary income is those from products or services that differ from the main ones within a business. And despite their name, they can play a leading role in a brand's strategy and can give a vital boost to a company's revenue.
Answer:
40 persons
Explanation:
Given:
Total cost of trip = $560
Number of people Decide not to go = 5 people
raise cost = $2
Assume:
Number of people wants to go = a
Cost per person = b
So, a x b = $560 , b= 560/a
After people decided not to go ,
Total number of people = (a-5)
New cost = (b+2)
So , total cost = (a-5)(b+2) = $560
ab +2a -5b -10 = 560 , where ab = $560
2a -5b = 10
2a -5b = 10
By putthing value of b
2a - 5 (560/a) = 10
2a - (2800 / a) = 10
2a² - 2800 = 10a
2a² -10a - 2800 = 0
a= 40
Total 40 persons wants to go.
It's a because mattel is buying from them.
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