Answer:
Option B- He acted in good faith.
Explanation:
The person who is trading with the other party owes the duty of care which is well stated in the negligence act. However in this case we saw that though the law was unclear but still the CEO acted in best interest of the public at large by consulting the attorney to shed light on the issue. Remember law is ethically minimum that is desired but in this situation the CEO was committed to comply with law that's why he consulted attorney. So saying that he acted in good faith is the best defense in the court.
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.
A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.
The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.
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Answer:
5,300
Explanation:
Given that,
contribution margin per unit = $7
selling price = $45 per unit
Fixed costs = $35,000
Total fixed cost after increase:
= $35,000 + $20,650
= $55,650
contribution margin per unit after increase:
= $7 + (50% × $7)
= $7 + $3.5
= $10.5
Therefore,
New Break even point:
= Fixed cost ÷ Contribution per unit
= $55,650 ÷ $10.5
= 5,300
Answer:
The answer is A. Treasury Bills
Explanation:
Treasury bills (T bills) are short-term security(debt security) backed by the national government. The maturity period is always less than a year or a year at maximum.
Since the customer's horizon is 3 months, he should walk up to his bank and buy treasury bills. It is always risk free.
Tbills is usually sold at discount to par value i.e the purchase price is less than the face value(value at maturity) of the bill.
The ability of the president to veto a bill passed by congress is a good example of the checks and balances principle of limited government.
The Checks and Balances system gives each arm of government its own authority to check the others and prevent any one branch from gaining excessive power.
<h3>What is the importance of checks and balances?</h3>
In organizations, checks and balances can assist cut down on errors and avoiding improper conduct. The concept of checks and balances is most frequently applied to governmental structures, such as the executive, legislative, and judicial branches of the U.S. government.
A system in which each component of an organization, such as a government, has the ability to influence and regulate the others in order to prevent any one component from gaining undue power.
Since Congress manages the funds used to finance all executive activities, it holds the power of the purse. Federal officials are nominated by the president, but their confirmation by the Senate is required.
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