<span>
$300,000 / 30% = 1,000,000 - 300,000 = $700,000 </span>
Answer:
$6.25 per person.
Explanation:
This can be calculated as follows:
Expected number of people = 100
Expected number of people that would free ride = 20
Number of expected people to pay = Expected number of people - Expected number of people that would free ride = 100 - 20 = 80
Cost to charge per person = Total cost / Number of expected people to pay = $500 / 80 = $6.25 per person.
Therefore, city officials should charge $6.25 per person for the concert series in order to cover the $500 expense.
Answer:
Lack of efficiency.
Explanation:
As Trent Automobiles Inc. was expecting a large shipment of scrap metal and due to the fact that it could not arrive on time, the only way to compensate the loss was to make an urgent order for same quantity of scrap metal from a local manufacturer, which led the company to compromise on the quality. If proper track was kept and all the upcoming scenarios had been calculated before hand with a ready substitute raw materials before hand, this would have been not the result. Thus, this indicates a complete lack of efficiency from the side of management of the company.
Answer: indemnification
Explanation: The indemnification clause is essentially the other party's obligation to compensate your damages if they do something that hurts you or allows you to be sued by a third party.
Indemnifying and keeping innocent means the same thing — making it whole after a defeat. Usually, but not always, the obligation to indemnify is reconcilable with the contractual obligation to "keep harmless" or "save harmless.
Hence from the above we can conclude that Rangle has right of indemnification.
368,006.40 I am done with my test
