Answer:
1. $104,000 ($67,000 fixed fee + 37,000 bonus) x 30% = 31,200
$67,000 ($67,000 fixed fee + 0 bonus) x 70% = 46,900
$31,200 + $46,900 = $78,100
2. The most likely amount is the flat fee of $67,000, because there is a greater chance of not qualifying for the bonus.
3. Thomas is very uncertain of its estimate, however he can't argue that it won't have a significant amount of revenue in the future. Thomas would not include the bonus estimate, and the transaction fee would be the flat fee of $67,000
I think Larry could sue for misrepresentation about the true qualities of the lawnmower he was sold.In other words, finding out that his new lawnmower is not self-propelled, does not mulch and only has a 90 day instead of a 5 year warranty he is totally within his rights to sue in small claims court for his money back at least.
Answer: Expectancy Theory
Explanation: Expectancy theory formulates that a person will conduct oneself in a specific manner as he or she is motivated to choose a particular behavior over others because of what they regard the outcome of the behavior that is selected as likely to be.
Here, the management of McCloud Corp utilizes the expectancy theory to make the workers develop the quality of their work and put in extra effort to the work . However, this theory is aimed at giving rewards to workers who earned them and also chose to get rewarded as they are chosen by their performance. The inspiration for the behavior preference is deduced by how appealing the result is.