Answer:
Yes, because the corporation remains liable to the owner under the contract
Explanation:
The above answer is true because in this case, there is no limit to the assignment of the contractual rights between the two parties, hence this assignment of a contract would be treated as both an assignment of rights and a delegation of duties.
Therefore, while the corporation in this case has delegated its duties and assigned its rights under the contract to the developer by assigning the contract to the developer, the corporation is still considered to be liable to the owner for payment of the purchase price.
And given the fact that the developer is not as creditworthy as the corporation, and thus there is a greater chance that the developer will be unable to pay the purchase price, the owner has the rights under the contract arrangement to contractually compel the corporation to do so.
Answer:
$500
Explanation:
Net cash flow from operating activities is $500
Answer:
$500
Explanation:
The computation is shown below:
Data provided in the question
Sale value of five year old car to used car = $3,000
Now in the same year, the resales value to Ima Goner = $3,500
So, the contribution made in the GDP for the year 2005 is
= Resales value to Ima Goner - Sale value of five year old car to used car
= $3,500 - $3,000
= $500
Answer: Nonrational
Explanation: The nonrational model of decision making comes in the aspects of deciding on and pursuing a method of action that will satisfy the minimum requirements to achieve a particular goal, increments, and understanding without deliberate thinking that are administrative and realistic in the decision-making process.
However, with nonrational decision-making involving uncertainty and lack of available information to carry out a reasonable decision, there is a possibility of adverse results with the decision made and the likelihood of an effect tending to cause harm to the organization respectively. Also, this model of decision making is expensive and time-consuming altogether.
Answer:
reorder point= 39 units
Explanation:
given data:
Annual demand = 2240 units.
No of days = 320
lead time is 4 working days
As we know,
Reorder point= Lead time demand + Safety stock
Lead time demand = Average daily usage * lead time
Average daily usage = \frac{Annual demand}{No of days operating in year
}
average Daily usage = \frac{2080}{320}= 6.5 units per day.
Lead time demand = 6.5* 4 = 26 units.
Safety stock = 2 days of average demand
= 2*6.5 = 13 units.
Hence reorder point= 26 + 13= 39 units.
