The Federal Reserve System<span> often referred to as the </span>Federal Reserve<span> or simply the </span>Fed<span> is the central </span>bank<span> of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
Organizations with adhocracy cultures are described as
externally focused and valuing flexibility. Adhocracy is a corporate culture that shows
ability to adapt to change which shows how flexible an organization is. It is
also functions well in small group of organizations which focuses on innovations
of the company. Adhocracy shows the following characteristics of having low
procedure standards, work organization is only in specialized teams, and job
roles are not specified to make them flexible and work to any task that can be
assigned to them.
The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.
<h3>What is a Contract? </h3>
A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.
In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.
Learn more about Contracts here:
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Answer:
The total cost of job J904 = $7,200
Explanation:
Direct material cost= 8 tons * $600/ ton = $4,800
Direct labour cost = 80 hours * $21/ hour = $1,680
Overhead cost = 80 hours * $9/ hour = $720
Total = $7,200
Answer:
A. under the minimum contracts test.
Explanation:
Minimum contract test is a procedure that a court could do in order to determine a jurisdiction for a certain case. This most likely done when one of the party resided in a different state.
In Most business transactions, minimum contracts tend to favor the sellers/producers' state as the main jurisdiction. (In this case, Alabama)
This happen because one producer can to sell their products to customers nationwide. This made the producers became a potential target of lawsuits from people in different states. Since It is almost impossible for that one company to cater to the law of different state, the company's location tend to be favored as the jurisdiction.
