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
Nutka1998 [239]
3 years ago
11

Claudia sells her highly successful hair salon to Carl. In the sales contract, Claudia agrees never to open a hair salon in the

state. Which of the following best describes this contract clause a. void as illegal primary restraint.
b. valid as a reasonable restraint of trade.

c. unenforceable restraint of trade.

d. binding as fair protection.
Business
1 answer:
Vitek1552 [10]3 years ago
8 0

Answer:

c. unenforceable restraint of trade.

Explanation:

Valid as a reasonable restraint of trade is what best describes this contract clause. Restraint to trade is any activity that hinders someone from doing normal business without restrictions. Claudia and Carl entered into a contract and if in any case Claudia opens another salon in the state, Carl will lose business and Carl might have a tort against her.  

You might be interested in
Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
lisov135 [29]

Answer:

Explanation:

Number of completed barrels = 216 + (244-216)*60%

= 233 barrels

Cost per barrel = (3245+3230)/233 = 27.8

Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions

Cost of work in process ending inventory = (244-216)*60% * 27.8

= 467.04 million

4 0
3 years ago
Which of the following reasons would cause a company to reject an offer to accept business at a special price?
zysi [14]

Answer:

The additional sale will not conflict with regular sales.

Explanation:

Accept business at a special price if the additional sales conflict regular sales. That is, special price must maintain the status quo or improve it.

8 0
3 years ago
According to expectancy theory, the three primary elements that determine how willing an employee is to work hard at tasks impor
ollegr [7]
The three primary elements are INSTRUMENTALITY, VALENCE AND EXPECTANCY.
The expectancy theory of motivation states that, an individual is will behave in a certain manner as a result of the way in which he has been conditioned to select a specific behavior over other forms of behavior. This implies that workers are usually motivated by the reward they get for the work they performed.<span />
4 0
3 years ago
2) A small grocery store sells fresh produce that it obtains daily from a local farmer. During the strawberry season, demand for
Eva8 [605]

Answer:

$1.05

Explanation:

Mean is 40 quartz per day

standard deviation is 6 quartz per day

Optimal orders = mean demand + Standard deviation

Optimal order = 40 + 6

= 46 quartz per day

$0.35 * 2.84 * 49 / 46

= $1.05

8 0
3 years ago
Biden Resorts Company currently has 0.2 million common shares of stock outstanding and the stock has a beta of 2.2. It also has
frutty [35]

Answer:

Hence, the weighted average cost of capital is 15.87%.

Explanation:

We have to find current weights,  

Value of equity = Shares x Share price = 0.2 x 10 = $2 million  

Face Value of Bonds FV = $1 million

Semi annual coupon P = 1 x 8% / 2 = $0.04 million

Number of coupons remaining n = 5 x 2 = 10

Semi annual yield r = 13.65% / 2 = 6.825%

Value of Debt = Px [1 - (1 + r)-n] / r + FV / (1 + r)n

= 0.04 x [1 - (1 + 0.06825)-10] / 0.06825 + 1 / (1 + 0.06825)10

= $0.8 million

Total Value = 2 + 0.8 = $2.8 million

Weight of Debt = 0.8 / 2.8 = 28.57%

Weight of Equity = 2 / 2.8 = 71.45%

Amount of Debt to be raised = Weight of debt x Capital

= 0.2857 x 7.5

= $2.14 million

Since the amount of debt to be raised is less than $2.5 million, the yield will be 13.65%  

Cost of Equity = Risk Free Rate + Beta x (Market Return - Risk Free Rate)

= 3% + 2.2 x (10 - 3)

= 18.4%

The weighted average cost of capital:-  

WACC = Weight of Debt x Cost of Debt x (1 -Tax Rate) + Weight of Equity x Cost of Equity

= 0.2857 x 13.65% x (1 - 0.3) + 0.7145 x 18.4%

= 15.87%

8 0
3 years ago
Other questions:
  • Suppose that a candy maker owns a building and is renting part of the building's space to a spa. Further suppose that because th
    11·1 answer
  • Background information: Car purchase cost: $25,000 Sum of Fuel and Maintenance Cost at End of Year 1: $2,000 Incremental increas
    14·1 answer
  • Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand
    6·1 answer
  • Bates Company currently produces and sells 4,000 units of a product that has a contribution margin of $5 per unit. The company s
    10·1 answer
  • When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes
    15·1 answer
  • After a school district's annual _______ revealed potential safety vulnerabilities associated with dark and isolated parking lot
    6·1 answer
  • In a private club, a member is paying for: The service of the alcoholic beverage. The alcoholic beverage. A membership fee. None
    11·2 answers
  • Wendell’s Donut Shoppe is investigating the purchase of a new $33,000 donut-making machine. The new machine would permit the com
    15·1 answer
  • Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 s
    10·1 answer
  • 25 point multiple choice
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!