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dlinn [17]
3 years ago
14

Maggie and Nate enter into a contract for the sale of car, but Nate later refuses to deliver the goods. Maggie asks a court to o

rder Nate to perform as promised. Ordering a party to perform what was promised is
Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer:

Equitable remedy

Explanation:

The equitable remedy is the actions taken by the court in order to solve the breach or the dispute of the contract done.

Since in the given question it is mentioned that the two parties are entered into a contract where the Nate refuse for delivered the goods and maggie ask a court to order Nate to perform his duty so this represent the equitable remedy

You might be interested in
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6300, $11,300, and $
sladkih [1.3K]

Answer:

$27,642.86

Explanation:

To determine the price Marko will pay today to buy ABC Co, one has to find the present value of the cash flows.

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator.

Cash flow in year one = $6300

Cash flow in year two = $11,300

Cash flow in year three = $17,500

I = 11%

Present value = $27,642.86

To find the present value using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
3 years ago
Graciela, who is single, reported itemized deductions of $6,450 on her 2017 tax return. Her itemized deductions included $200 of
oksian1 [2.3K]

Answer:

$100

Explanation:

Since the standard deduction for 2017 was $6,350, and Graciela only reported $100 more, she needs to report only $100 of the state tax refund. State tax refunds are not considered income unless you itemize your deductions, and in case you did, like Graciela, you must only report the amount that exceeds the standard deduction.

4 0
3 years ago
Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this
LekaFEV [45]

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

5 0
3 years ago
The market for orchids is in equilibrium. If the price of orchids decreases from $10.00 to $5.00, then we would expect to see a/
Dovator [93]

Answer:

Decrease in quantity supplied.

Explanation:

As in the given question the price of orchids  is decreases from $10.00 to the $5.00 it simply means the purchasing of orchids by customer is not very high it means only few people or customer are purchasing the orchids it directly effect the quantity supplied. So the decrease in the quantity supplied takes place

  • As the market price of the orchids is decreases then it is directly proportional to the decrease in the supplying of the quantity .
  • If the price of  orchids  is increases then the increases in the supplying of quantity .
  • All the other option is incorrect because the given question is asking about the decreases in the price of orchids.

3 0
4 years ago
Consider the following situations: a. Bank reserves are $250, the public holds $200 in currency, and the desired reserve-deposit
Gelneren [198K]

Solution:

a) Deposits= Bank Reserves/ (Reserve-deposit ratio)

                 = $250 / 0.25 = $1,000

Money supply =Currency held by the public+ Deposits

                        = $200 + $1,000 = $1,200

b) The savings and currency of the country are equivalent in this case. Its worth should be equal to x and deposits should have money supply less currency.

r = reserves/total deposits

0.25 = x / ($600 - x)

x = 150 - 0.25x

1.25 x =150

x =120

So, the currency held by public is $120

Bank reserves are $120  

c) As the money supply is $1,400 and the public holds $500 in currency, bank deposits must equal $900  

If bank reserves are $90,

the desired reserve/deposit ratio equals $90/$900 = 0.1

7 0
3 years ago
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