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3 years ago

Select the true statement about the Restatement of the Law of Contracts.

Business

1 answer:

Vladimir79 [104]3 years ago

7 0

Answer:

The TRUE statement about the Restatement of the Law of Contracts is:

a. It is a valuable resource for judges to consult, but it is not formal law.

Explanation:

The Restatement of the Law of Contracts are treatises that clarify the general principles of contract common law, to help judges and lawyers in their judgments. Though it is one of the best-recognized and frequently cited legal treatises in all of American jurisprudence, it remains secondary sources of law. With the cooperation of judges, legal professors, and other legal experts, it is written and published by the American Law Institute (ALI).

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The ______________ ______________ is the result of a series of events that grew out of a perceived need relating to organized re

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That recreation was viewed by society

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3 years ago

Rolland Poust is a sophomore in the College of Business at Scandia Tech. Last semester he took courses in statistics and account

nikklg [1K]

Answer:

3.5

Explanation:

Grade point average (GPA) is the summation of all the numbered grades obtained divided by the number of credits taken or total obtainable points multiply by the maximum point receivable for a course. This can be calculated as follows:

1. Calculation of Total Obtainable Points

Statistics = A × hrs = 4 × 3 = 12

Accounting = A × hrs = 4 × 3 = 12

History = A × hrs = 4 × 5 = 20

History of jazz = A × hrs = 4 × 2 = 8

Rules of basketball = A × hrs = 4 × 1 = 4

Total obtained points = 12 + 12 + 20 + 8 + 4 = 56

2. Calculation of Total Points Obtained

Statistics = A × hrs = 4 × 3 = 12

Accounting = A × hrs = 4 × 3 = 12

History = B × hrs = 3 × 5 = 15

History of jazz = B × hrs = 3 × 2 = 6

Rules of basketball = A × hrs = 4 × 1 = 4

Total Points Obtained = 12 + 12 + 15 + 6 + 4 = 49

3. Calculation of GPA

GPA = (Total Obtained Points ÷ Total Obtainable Points) × the points that A receives (i.e. maximum GPA)

= (49 ÷ 56) × 4

= 0.875 × 4

= 3.50

Therefore, Rolland Poust's GPA is 3.5 out of 4.

The measure of location that has just been calculated is mean. The mean is obtained by adding all the values and then divide it by the number of values.

Grade point average (GPA) is similar to mean because GPA is the summation of all the numbered grades obtained divided by the number of credits taken.

6 0

4 years ago

Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000

SSSSS [86.1K]

Answer: 16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.

Explanation:

This is an example of static forecasting since no time parameter is involved.

Now,

Let initial revenue be "R" ,

"n" be no. of taxpayer

∴ R= 65000×0.15×n

R +0.1R= 65000×rate×n

Using the above two equation, we'll get ;

r = 16.5%

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3 years ago

The total manufacturing cost variance is Group of answer choices none of the answers are correct the difference between planned

EastWind [94]

Answer:

The correct answer is the third option: the difference between actual costs and standard costs for units produced.

Explanation:

To begin with, the total manufacturing costs variance is the concept known in the field of business and that is comprehended in the accounting field that involves and cosists of direct materialsl costs variance, direct labor costs variance and factory overhead costs variance. And therefore that it implicates the difference between what actually all that variables end up costing and what the company thought that it will cost regarding their standards given.

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3 years ago

The financial statement that presents a summary of the revenues and expenses of a business for a specific period of time, such a

adelina 88 [10]

Answer: Income statement.

Explanation:

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3 years ago