C. it is a combination of two or more companies into a single form (merger like merging two things into one)
Answer:
A) Delegate authority but not responsibility
Explanation:
Authority can be delegated, but not responsibility.
Terrence can give Emma the authority to decide on what will happen to their new promotional project, but if something goes wrong Terrence will be responsible for the failure of the new project. Also if things go smoothly and their new project is very successful, Terence will be responsible for the success of the new project.
Answer:
(i) $ 1653.75
(ii) $ 1653.75
(ii) $ 1657.76
Explanation:
Since, the amount formula in compound interest,
Where,
P = Principal amount,
r = annual rate of interest,
t = number of years,
n = number of compounding periods per year,
(i) P = 1500, r = 5% = 0.05, t = 2 years, n = 1,
(ii) P = 1500, r = 5% = 0.05, t = 2 years, n = 4,
(iii) Amount formula in compound continuously,
Answer: Partial performance
Explanation:
- Partial performance is described as the completion of a job that forms a portion of a contract.
Here, the seller agrees to paint the house before conveying the house to the buyer. The weather changes, and the seller is unable to finish painting the house before closing.
This indicates a part of job is done.
Hence, this is an example of <u>partial performance.</u>
Answer:
Real GDP in 2012 is $92
GDP in 1990 is $51
GDP in 2012 is $86
Explanation:
In this question, we apply the produced goods amount formula which is
= Price × Quantity produced
For Real GDP in 2012, the computation is
= (1990 Papaya price × Quantity produced in 2012) + (1990 fish price × Quantity produced in 2012) + (1990 skirts price × Quantity produced in 2012)
= ($1 × 20) + ($0.60 × 20) + ($4 × $15)
= 20 + 12 + 60
= $92
GDP in 1990 is
= (1990 Papaya price × Quantity produced in 1990) + (1990 fish price × Quantity produced in 1990) + (1990 skirts price × Quantity produced in 1990)
= ($1 × 10) + ($0.60 × 15) + ($4 × 8)
= 10 + 9 + 32
= $51
GDP in 2012 is
= (2012 Papaya price × Quantity produced in 2012) + (2012 fish price × Quantity produced in 2012) + (2012 skirts price × Quantity produced in 2012)
= ($0.50 × 20) + ($0.80 × 20) + ($4 × 15)
= 10 + 16 + 60
= $86