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Alex17521 [72]
3 years ago
11

Mallory hires Raghav to work for one year as an assistant manager at $5,500 per month, reserving the right to cancel the contrac

t at any time. After two months, Mallory fires Raghav because the company's order volume drops. Can Raghav recover payment for the remaining 10 months on the contract?
Business
1 answer:
amid [387]3 years ago
7 0

Answer: No, because Mallory and Raghav are not bound by the contract.

Explanation: Being bound by a contract entails being linked to a written agreement, the breaching of which could result in consequences lying with the person who breached the contract. However when this contract was entered into, there was a clause that allowed the parties to cancel the contract at any time. When Mallory fired Raghav the contract was subsequently cancelled, making the contract null and void (non - existent). This means that Raghav is not entitled to the outstanding 10 months' salaries.

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Metal X can dispose of unwanted materials quicker and is therefore a better reactant.  Please mark Brainliest!!!
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In the circular flow of expenditure and​ income, why must the total value of production in an economy equal the total value of​
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<h3><u>Option D</u></h3>

Every penny spent on a good or service must end up as​ someone's income so the total value of production in an economy equal the total value of​ income

<h3><u>Explanation:</u></h3>

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3 years ago
What type of business is basically a special type of licensing agreement?
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4 0
3 years ago
Read 2 more answers
An open market sale of government securities by the Federal Reserve will
inysia [295]

Answer:

C) Decrease bank reserves, decrease bank loans and decrease the money supply while raising interest rates

Explanation:

Selling by the Federal reserve of government securities is an application of contractionary monetary policy. These securities are purchased by the commercial banks which results in a reduced reserve for these banks. This reduction in reserve restricts credit creation which is the banks, ability to lend loans. When there are less loans in the market - there is a reduced money supply in the market and thus the cost of borrowing or interest rates are pushed higher because of limited money supply.

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Hope that helps.

5 0
3 years ago
Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 common size percentages for operating ex
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Answer:

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Explanation:

In 2016:

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= (Operating expenses ÷ Net sales) × 100

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In 2017:

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Note:

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