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Sidana [21]
3 years ago
12

Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda's Bagel Café in exchange for her payment of a debt t

hat Lyle owes to New Credit Corporation. Under this contract, the intended beneficiary is
Business
1 answer:
-Dominant- [34]3 years ago
4 0

Answer:

New Credit Corporation.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Also, mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

In this scenario, Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda's Bagel Café in exchange for her payment of a debt that Lyle owes to New Credit Corporation. Under this contract, the intended beneficiary is New Credit Corporation as agreed upon by Lyle and Miranda.

An intended beneficiary can be defined as a third-party deemed to be the recipient of an action with respect to the execution of a contract.

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If The Limited Company relies on hiring a foreign textile manufacturer to produce a
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Answer: Contract manufacturing.

Explanation:

Contract manufacturing is the outsourcing of some production activities that were formerly done by the producer to a third party. An organization may outsource certain parts for a product.

Contract manufacturing is the practice of giving out part of a work to outside sources rather than completing all the work within the company. It results in lower expenses and costs.

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3 years ago
Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If no
sesenic [268]

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This is a personal question man

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2 years ago
Strategic management is defined as
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Creation and execution of goals by the management team, defined by available resources and existing conditions in and out of the company.
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3 years ago
Spending more money on homes and making the home environment pleasurable is a result of which consumer buyer behavior trend?
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3 0
3 years ago
Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $50
tino4ka555 [31]

Answer:$3,500, $4, 500 $5,500=$13,500

Explanation:

A) Given that annual fee is $500 and %tax return=10%

we have that

Mega Tax software when 300 returns are filed

we have Annual fees=$500.00

Variable fees (300 x 10)=3,000.00

 Costof return=  $ 3,500.00

Mega Tax software when  400 returns are filed

we have Annual fees= $500.00

Variable fees (400 x 10)= 4,000.00

Cost of return= $4,500.00

Mega Tax software when 500 returns are filed

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Cost of return=$5,500.00

Total cost of return for Mega Tax software = 3,500+4500+5,500=$13,500

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