Answer: TRUE.
The essential notion underlying strategic trade policy is imperfect competition. Strategic trade policy is also referred as Strategic trade theory that includes the policies adopted by a country to understand the outcome of strategic interaction between various firms.
Answer:
$70,000
Explanation:
Under a Comparative negligence theory,
When an accident occurs, the blame or fault is determined by the contributions of each party towards the accident.
In a pure comparative negligence theory, the victim or plaintiff who files a case, sue the other party and received some part of the damages and hence each party receives the amount related to their damages minus the part of their fault.
In our case, Annette fault contributes 30% to the collision and determined that her total loss was $100,000.
So, Annette will recover:
= Total loss - 30% of fault
= $100,000 - 0.3 × $100,000
= $100,000 - $30,000
= $70,000
Answer:
substantial performance.
Explanation:
From the question we are informed about painter which contracts to paint the exterior of the home for $1,750 plus the cost of paint and any other necessary materials. About three-fourths of the way through the job, the contractor breaks his leg and can't finish. The owner offers to pay the contract price less deductions for the cost of having the job completed by another painter, and the original painter accepts the offer. In this case, the contract has been discharged under the principle of substantial performance.
Substantial performance can be regarded as a term that is been
used as regards contract law, it is a principle that can be explained as
degree of performance of a contract that is not regarded as complete or full performance, but regarded as nearly equivalent which will be considered to be unfair if the contractor is denied the agreed payment in the contract.
Answer:
market segment
Explanation:
A market segment is a group of people in a homogeneous market who share common marketable characteristics.
Answer:
Debit : Cash $22,950
Credit : Common Stock $22,950
Explanation:
When shares were held sorely for investment, on date of sale, we simply record the cash proceeds and no gain on sale of shares is recognized.
Therefore, Cash Proceeds = $51 x 450 shares = $22,950
