A "stipulated sum contract," commonly referred to as a lump sum contract, is a construction contract where the contractor consents to finish the project for a predefined, fixed amount.
<h3>What its means contract?</h3>
The simplest definition of something like a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically presenting an offer and the other accepting it.
<h3>What are contracts in law?</h3>
A contract is an agreement that is legally binding; I A contract is an agreement that is legally binding at one or both of the parties' discretion but not at the discretion of the other party or parties.
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Answer: Compression Failure
Explanation:
Any wooden member that has been overloaded beyond what it can carry would experience a compression failure.
A compression failure is a structural failure that is caused by overstressing a wooden or metallic material beyond the weight it can carry, leading to a collapse of the material.
Answer:
In normal view, go to the slide deck.
Then, click and drag a slide thumbnail to a new position.
Or, in Slide Sorter View, drag and drop slides to a new location in the presentation.
Answer: Swiss chocolate will become more expensive in the United States.
Explanation:
If the American dollar depreciates relative to the Swiss Franc then Swiss chocolate will become more expensive in the US.
This is because goods belonging to the country with the stronger currency will be more expensive in the country with the weaker currency.
For example, let's say the rate of USD to Franc was 1:1 and swiss chocolates cost Fr5 that means it would cost $5 as well in the US.
Now suppose the rates become, USD to Franc, 1.25:1 meaning the Franc is stronger now. The price of chocolate in Switzerland is still Fr.5 but now in the US it will go to,
= 5 * 1.25
= $6.25 meaning Swiss things are now more expensive in the States.
NB - Your third option says, "American computers will become less expensive in Italy". If this was a typo and you meant, "in Switzerland" then this option is CORRECT as well because American goods will be cheaper in Switzerland.
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Answer:
The correct response is "145,000
".
Explanation:
The given values are:
Purchased cost,
= $150,000
Expenses,
= $5,000
Selling cost,
= $10,000
Now,
Logan's basis for depreciation will be:
=
On putting the values, we get
=
=
= ($)