It is the example of the decision of an arbitrator. At its
discretion, a court may grant the equitable remedy of injunction against breach
of a contractual duty where damages would be inadequate. When a breach of
contract occurs, the non-breaching party is required to take reasonable steps
to lessen or mitigate the damages that he may sustain.
Answer:
Explanation:
Maslow’s hierarchy of needs as represented by a pyramid depicts different stages of needs that human tend to satisfy, which forms the basis upon which behaviors of humans are motivated. The different levels of needs as proposed by Maslow in a pyramid from the bottom to the top are: physiological, safety, love and belonging, esteem, and self-actualization.
Margot’s situation reveals that the “esteem” needs are unmet. According to the Maslow, esteem needs include dignity or esteem for oneself, desire for reputation and respect from others, which is clearly seen in the case of Margot.
Answer:
B) She has to share all of the profits with the partner.
Explanation:
A partnership is a business owned by two or more parties while a sole proprietorship is owned by one person. In the former, decisions are made jointly and the process might take long since all partners must consent to it. Another disadvantage is that all profits are shared between or among all partners unlike a sole proprietorship where the owner takes all the profits.
Answer:
The company should buy the units because it will save $10,000.-
Explanation:
Giving the following information:
Make in-house:
Unitary variable cost= 2 + 8 + 6= $16
Avoidable fixed cost= $8,000
Buy:
Unitary cost= $15
<u>First, we will determine the total cost of each option:</u>
Make in house= 2,000*16 + 8,000= $40,000
Buy= 15*2,000= $30,000
The company should buy the units because it will save $10,000.-