Answer:
Yes it was a wrongful interference.
Explanation:
Reason as below:
· This case comes under United States antitrust law
· Which is also called as Competition law
· This law is in place to encourage fair competition.
· It also comes under Breach of contract
· In this case the college should have first cancelled the contract with the old vendor and then you should have tried getting the business.
· Approaching before that and doing the work is unlawful and the competitor has the right to sue you.
What the other person said is right
Answer:
$240,000
Explanation:
The computation of the gain to be recognized is shown below:
= Total Exchange value - net value
where,
Total exchange value equals to
= Fair value of equipment + cash received
= $480,000 + $120,000
=$600,000
And, the net value would be
= Estimated cost - accumulated depreciation
= $660,000 - $300,000
= $360,000
ow put these values to the above formula
So, the value would be equal to
= $600,000 - $360,000
= $240,000
Answer:
The correct answer is option c.
Explanation:
In the production process, inputs such as raw materials, labor, machine, tolls, etc, are used to produce outputs. Among these factors, some are variable or can be changed in the short run while others are fixed or cannot be changed.
The cost incurred on the variable factors is called variable cost. It changes with the change in output level.
Among all the costs given above, the monthly wage payments to labor is a variable cost. It can be changed in the short run by changing the quantity of labor employed.
The rest of the costs such as property tax payments, insurance and, rent payments are fixed an do not change with the output level.