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Andrej [43]
4 years ago
8

Excavate n’ Fill, Inc., enters into a contract with Fred to fill and landscape an abandoned quarry on Fred’s land. Fred advances

Excavate n’ Fill10 percent of its cost. The parties rescind the contract. Excavate n’ Fill’s refund of the payment is
Business
1 answer:
Delicious77 [7]4 years ago
6 0

Answer:

restitution.

Explanation:

In contract law, restitution refers to a party forfeiting monetary gains that they obtained illegally from the other party involved in the contract. Restitution is very commonly used in contract law since it is meant to restore an injured party due to damages suffered from another parties unlawful performance. Ideally, when restitution is applied, the injured party should return to their original position.

In this case, Excavate n' Fill must return the $10,000 that Fred gave them as advanced payment. The restitution of the $10,000 should restore Fred's original position.

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Which of the following guidelines about maintaining a network is false? a. Participate in career fairs b. Use business cards whe
S_A_V [24]

I believe the answer is: end network relationships after you find a job

If you end network relationships after you find a job, you would be automatically considered as rude and that person would no longer contact you in case there is a better opportunity in the future.

Because of this, it is important for you to maintain good networking relationship with as many people as you can to accelerate your career.

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Alex manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday,
statuscvo [17]

Answer: b. shoe-leather costs

Explanation:

This is the shoe-leather cost inflation. It refers to the time and effort expended by people to ensure that they are able to avoid their cash losing too much value to inflation. Includes for instance, going to the bank multiple times because you are holding little cash on hand so it does not lose value.

It is named shoe-leather costs as a play on words because it is assumed that the time and effort put will result in walking around alot and degrading the quality of your shoes.

3 0
3 years ago
In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game f
rosijanka [135]

Answer:

C. Nintendo produced a sufficient number of games to run on the Wii system

Explanation:

Nintendo Wii Launched in 2006, and as at that time, there were already some major video game players in the market like Xbox 360 and the Play Station 3.

In order to ensure dominance in the market, Nintendo decided to make available a wide variety of games for their customers.

The games made available include:

  • Games from Nintendo's flagship franchises like The Legend of Zelda, Super Mario, Pokémon, and Metroid.
  • Nintendo also expanded their game numbers by receiving third-party support from companies such as <em>Ubisoft, Sega, Square Enix, Activision Blizzard, Electronic Arts and Capcom</em>.

This made more games to be developed for Wii than for the PlayStation 3 or Xbox 360.

  • Nintendo also brought up the virtual console service that allows users to play games developed for some other consoles on the Wii. These games were distributed over the internet, and users were able to download them to an SD card or the internal memory of their Nintendo Wii console.
4 0
4 years ago
Simon Company's year-end balance sheets follow.
Arturiano [62]

Answer:

2017 Days' Sales Uncollected 49.37 days

2016 Days' Sales Uncollected 49.10 days

Explanation:

Computation for days' sales uncollected

Using this formula

Days' Sales Uncollected=Average receivables / Credit sales x 365 days

Let plug in the formula

2017 Days' Sales Uncollected= $76,450 / $565,219 x 365

2017 Days' Sales Uncollected= 49.37 days

[($89,900+$63,000)/2=$76,450]

2016 Days' Sales Uncollected= $60,000 / $446,029 x 365 days

2016 Days' Sales Uncollected= 49.10 days

[($63,000+$57,000)/2=$60,000]

Therefore 2017 Days' Sales Uncollected will be 49.37 days and 2016 Days' Sales Uncollected will be 49.10 days

4 0
3 years ago
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