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Paladinen [302]
3 years ago
14

Betty, an accountant, agreed to prepare Tim's income tax returns by April 15th, when they were due. Tim then discovered he neede

d the returns by March 1st for his daughter's college financial aid application. Betty agreed to finish the returns by that date if Tim would pay an additional $250 for her services. Tim felt he had no choice and reluctantly agreed. Now her bill has come. Does Tim have to pay it
Business
1 answer:
vovikov84 [41]3 years ago
6 0

Answer: O Tim must pay because the agreement to complete the tax returns earlier than originally agreed is additional consideration supporting the modification of the contract.

Explanation:

When Tim agreed to Betty's stipulation that for her to finish the returns earlier, he would have to pay an extra $250, he in effect agreed to the modification of the contract.

Modified Contracts are also enforceable by law so Tim has to pay the $250. There was no proof that Betty acted wrongfully as she had to change her schedule and needed to be compensated for the inconvenience. Also even if the modification was not in writing, it is a generally accepted rule that for contracts to be modified orally, the amount must not exceed $500 which it did not.

Tim is very much liable to pay.

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HR can foster a triple bottom approach through incentive plans that focus on achieving comprehensive results rather than solely
navik [9.2K]

Answer:

a. True

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Thus, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

A triple bottom line (TBL) is a business management framework or model that comprises three (3) main components, which are; financial, environmental and social.

Human resources (HR) can enhance a triple bottom approach within an organization by establishing incentive plans that is typically focused on achieving comprehensive results rather than solely on profit incentives. Thus, it would foster the growth and development of an organization with respect to finance, environmental and social factors.

6 0
2 years ago
Which of the following options strategies would be best for an investor interested in maintaining his long position in the marke
9966 [12]

Answer:

buying puts

Explanation:

A put option is a sale option. It gives the buyer the right (but not the obligation) to sell an asset in the future to the seller of the option at a previously determined price.

The owner or buyer of a put option benefits from the option if the underlying asset falls, that is, if when the put option expires, the asset (a share for example) has a price lower than the agreed price . In that case, the option buyer will exercise his right and sell the asset at the agreed price and then buy it at the current market price, earning the difference.

If the price turns out to be higher than the agreed price, known as the strike or strike price, the buyer will not exercise his right and will simply have lost the premium he paid to acquire the option. Therefore, your benefit may be unlimited, but your loss is limited to the premium you paid.

8 0
3 years ago
Which one of the following statements is correct? Multiple Choice a. All of the major stock exchanges are U.S. based. b. The NYS
Anna35 [415]

Answer:

The correct answer is letter "E": The primary purpose of the NYSE is to match buyers with sellers.

Explanation:

The New York Stock Exchange or NYSE is the largest, oldest, and best-known stock exchange in the world where stocks, bonds, and other types of securities are bought and sold. The NYSE requires companies to meet a high standard before the stock can be listed.

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To me they should always see if it is real money they are getting before they give them the item.
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3 years ago
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Mama L [17]

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2 years ago
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