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Softa [21]
3 years ago
9

Omni Metals Company and Piecework Fabrication, Inc., enter into a contract under which Omni agrees to deliver a certain quantity

of sheet metal to Piecework each month. The contract does not include a price term. In a suit between the parties over the price, a court will
Business
1 answer:
levacccp [35]3 years ago
4 0

Answer:

A) determine a reasonable price.

Explanation:

Since in the question it is mentioned that there is a contract between the omni metal and piece work. In that Omni agrres to deliver the particular quantity each month but it does not involve the price term so here the courl will determine the reasonable price as for every time of contract the quantity and the price should be specified before entering into a contract so that according to this both the parties could enter or not enter in a contract

Therefore the option A is correct

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If Japan has a comparative advantage in the production of microchips,how would that affect their international trade?
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Answer: countries would purchase microchips from japan because they are cheaper

Explanation:

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2 years ago
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What does​ "2/10" mean, with respect to​ "credit terms of​ 2/10, n/30"?
ANEK [815]

a.  a discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date.

So for example if the bill is $100 "2/10 net 30" and you pay within 10 days, you get a 20 cent discount and the balance is $9.80. If you pay in 30 days, the full 10 dollars is due.

3 0
3 years ago
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.7 hours of direct labor at the r
In-s [12.5K]

Answer:

$ 2,829,276

Explanation:

The budgeted direct labour cost is going to be based on the budgeted production units.

Production budget = sales budget + closing inventory -opening inventory

Production budget = 46,000  - 140 + 580 = 45,560

Labour budget = Production budget× hours per unit

                        =  45,560× 2.7 hrs × $23

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6 0
2 years ago
Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash receipts and $34, 500 in cash disburseme
rodikova [14]

Answer:

balance of the loan  = $4500

correct option is d. $4, 500

Explanation:

given data

cash at the beginning = $15,000

cash receipts = $50,000

cash disbursements = $34, 500

minimum cash balance = $10,000

maintains = $20,000

company owes = $15,000

to find out

balance of the loan

solution

we get here first excess that is

excess = $15,000 + $50,000 - $34, 500

excess = $30500

so used to loan replay will be here as

used to loan replay  = $30500 - $20,000

used to loan replay  = $10500

so balance of loan will be here

balance of the loan  = $15,000 - $10500

balance of the loan  = $4500

correct option is d. $4, 500

6 0
3 years ago
Which of the following factors influences your credit score?
lisov135 [29]

Answer:D

Explanation:I think D because the default on a loan how much do you use loans and why do you use loans a lot do you pay them back and all that.

5 0
2 years ago
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