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slava [35]
3 years ago
12

Faith age 42, orally agreed to work for Trinity, Inc. for the rest of her life for $50,000 per year. This agreement would not be

enforceable since it violates the one-year rule of the statute of frauds. True
Business
2 answers:
Paraphin [41]3 years ago
8 0

Answer: False

Explanation:

Thepotemich [5.8K]3 years ago
4 0

Answer:

True

Explanation:

Although I personally believe that the concept of a lifetime contract is something terrible, for both the employee and the employer, the Illinois Supreme Court (McInerney v. Charter Golf, Inc.) determined that such a contract must be in writing and signed in order for it t be considered enforceable.

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Jensen Co. expects to pay €50,000 in one month for its imports from France. It also expects to receive €200,000 for its exports
Julli [10]

Answer:

-$5,873

Explanation:

For computation of maximum one month loss in dollars first we need to find out the net exposure and maximum one month loss in percentage which is shown below:-

Net exposure = Received amount - Paid amount

= €200,000 - €50,000

= €150,000

Maximum one - month loss in Percentage = Next month percentage - (Alpha × Euro percentage)

= 2% - (1.96 × 2.5%)

= -2.9%

Maximum one - month loss in Dollars = Net exposure × Current spot rate of the euro × Maximum one - month loss in Percentage

= €150,000 × $1.35 × (-0.029)

= -$5,873

5 0
3 years ago
Accounting subject , please help me​
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Vlad1618 [11]
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A ______ company is one that does business in at least one country outside of its country of origin.
alexgriva [62]

Answer:Multi national company

Explanation:

4 0
3 years ago
Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni
DiKsa [7]

Answer:

True

Explanation:

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