1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex_Xolod [135]
3 years ago
8

While under contract to play professional basketball for the Philadelphia 76ers, Billy Cunningham, an outstanding player, negoti

ated a three-year contract with the Carolina Cougars, another professional basketball team. The contract with the Cougars was to begin at the expiration of the contract with the 76ers. In addition to a signing bonus of $125,000, Cunningham was to receive under the new contract a salary of $100,000 for the first year, $110,000 for the second, and $120,000 for the third. The contract also stated that Cunningham "had special, exceptional and unique knowledge, skill and ability as a basketball player" and that Cunningham therefore agreed the Cougars could enjoin him from playing basketball for any other team for the term of the contract. In addition, the contract contained a clause prohibiting its assignment to another club without Cunningham’s consent. In 1971, the ownership of the Cougars changed, and Cunningham’s contract was assigned to Munchak Corporation, the new owners, without his consent. When Cunningham refused to play for the Cougars, Munchak Corporation sought to enjoin his playing for any other team. Cunningham asserts that his contract was not assignable. Was the contract assignable? Explain.
Business
1 answer:
denpristay [2]3 years ago
5 0

Answer:

Billy Cunningham and the Cougars

The contract was not assignable to another club.

But, the contract (assets and liabilities) can be inherited by a successor entity using the same club, the Cougars.

Explanation:

The contract was not assigned to another club, despite the change of ownership of the Cougars.  Interestingly, the contract between Cunningham and Carolina Cougars was inheritable with the change of ownership of the Cougar Club from the formers owners, Carolina Cougars, to the new owners, Munchak Corporation.  The clause prohibiting the contract's assignment to another club without Cunningham's consent was not violated.

You might be interested in
Sherry knew that her established customers liked her product much better than her competitor's. She was planning to expand into
Rom4ik [11]

Answer:

d. premium pricing.

Explanation:

Premium pricing is the strategy of pricing in which the product is highly priced in comparison to that of the other similar products available in the market. This is done in order to keep the belief in customers that the product is superior than those available in the market.

Some people those who think that expensive products are always nice, prefer these kind of products.

Here in the given instance also Sherry prefers this model and her ideology also matches with this technique.

7 0
3 years ago
Where the combined strength of two items is greater than the sum of their individual strengths. In the media business, this term
ddd [48]

Answer:

The correct answer is: Synergy.

Explanation:

The term synergy means cooperation and its most frequent use was, until now, in the field of medicine, where the synergistic effect of two organs is discussed as the improvement that is produced by the fact that these organs work together.

Applied to the business world, synergy is the production of additional effects that results from the joint work of two or more organizations, taking into account that those effects would not occur if those organizations acted separately.

Synergy in operational activities are those that apply to a function or resource in which the consequences of that collaboration are manifested. It can be synergies in marketing, such as those created when using sales channels, after-sales services or even common logistics; synergies in supplies, which generate benefits in purchase prices or payment conditions for volume purchases or transformation synergies or other operational activities, share production or management schedules or controls, etc.

4 0
3 years ago
Which of the following is the principle of management dedicated to the structuring of resources to support the accomplishment of
yaroslaw [1]

Answer:

a. organization

Explanation:

There are basic five principal of Management:

  • Planning
  • Organization.
  • Controlling
  • leading
  • Staffing

These basic five principal make an average manager to a successful manager.

Planning in management play a vital role as it is about choosing the right process and active objective of organization.

Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.

Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.

Staffing is about recuiting and allocating right person at a right job.

Controlling is about evaluating the process and goal of organization.

6 0
3 years ago
Delaney Inc. has several transactions with foreign entities. Each transaction is denominated in the local currency unit of the c
lina2011 [118]

Answer:

qwertyuiopasdfghjklzmnbxvctqyeuippskdnf

Explanation:

di kopo yarn alam

5 0
3 years ago
The starting point for preparing the operating activities section using the indirect method is ______. Multiple choice question.
vitfil [10]

Net income serves as the beginning point for the indirect technique of preparing the operating activities section.

<h3>What does "net income" mean?</h3>

Net income is the amount of money left over after all costs, such as salaries and wages, the cost of commodities or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.

<h3>How is net income demonstrated?</h3>

Operating income for the business was $23,000 after operating costs of $12,500. After deducting interest expense of $1,500 and adding interest income of $1,700, ABYZ arrived at a net income before taxes of $23,200.

<h3>What is net income post-tax?</h3>

A person's income after taxes and deductions is referred to as their net income.

learn more about net income here <u>brainly.com/question/15530787</u>

#SPJ4

5 0
2 years ago
Other questions:
  • Describe three aspects of due process for a school seeking to suspend a student with disabilities
    14·1 answer
  • Consumers in which stage of the household life cycle are over 64 years of age; are either fully or partially retired; are health
    15·1 answer
  • Jim, a Connecticut resident, ran a red light while he was vacationing in California and collided with Amanda’s car. Amanda suffe
    7·1 answer
  • In the Shaping Department of Oriole Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The departme
    9·1 answer
  • the 2020 income statement of wasmeier corporation showed net income of $480,000 and a loss from discontinued operations of $120,
    14·1 answer
  • Abigail, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers
    5·1 answer
  • What term describes a guardrail system, a positioning system, and a personal fall arrest system?
    8·1 answer
  • Henry has a $10,000 car insurance policy with a $400 per claim deductible. Henry is involved in an accident, and his car sustain
    14·1 answer
  • . What type of company would you like to create? Why would you like to create this type of company?
    11·1 answer
  • Упражнение 200 Выпишите из какого либо художественного прозведения предложения с вводными словами и предложениями
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!