Answer:
Substantial performance
Explanation:
A substantial performance is described as a degree of performance of a contract which is not full and complete in performance, but which the performance is termed almost equivalent to what is expected. In substantial performance, the essential obligations of the contract have been performed but not all that is required under the contract.
Answer:
<u>1800 units </u>
Explanation:
Equivalent units refer to the number of units which would've been completed if all the efforts were directed at those units which were started during a month, which are of course less than the total units of work in process.
In the given case, equivalent units shall be computed as follows,
Equivalent number of units using weighted average method = Finished goods + Equivalent units in ending work in process
Equivalent number of units = 1200 + 800 × 0.75
Equivalent number of units = 1200 + 600 = 1800 units
Yes it can be !!!! Because of
Answer: Yes the contract is valid.
Explanation:
The United Nations Convention on Contracts for the International Sale of Goods (CISG) is a binding agreement between nations. It sets rules to govern commercial contracts between parties in different countries.
Article 11 of the CISG states that a contract of sale does not need to be in writing and may even be proved by witnesses to the contract.
In other words, agreements made in conversation are enforceable and as both France and Germany are parties to the CISG, the contract is valid.
