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SOVA2 [1]
3 years ago
7

What is contract theory

Business
2 answers:
Licemer1 [7]3 years ago
7 0

Answer:

Contract theory is the study of how people and organizations construct and develop legal agreements. ... Contract theory draws upon principles of financial and economic behavior as different parties have different incentives to perform or not perform particular actions

Explanation:

Social contract theory, nearly as old as philosophy itself, is the view that persons' moral and/or political obligations are dependent upon a contract or agreement among them to form the society in which they live

lapo4ka [179]3 years ago
5 0

Answer:

the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.

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4 years ago
For a segmentation strategy to be successful, the customers in the segment must react similarly and positively to a firm's offer
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4 years ago
What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
enot [183]

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

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5 0
1 year ago
How do countries develop a comparative advantage over their trading
GrogVix [38]
A would be the correct answer
7 0
3 years ago
Read 2 more answers
You have the following information on Olivia's Bridle Shop: total liabilities and equity = $65 million, current liabilities = $1
Pepsi [2]

Answer:

Total Fixed Assets = 20 million

Explanation:

Total liabilities and equity = $65 million

Current liabilities = $10 million

Inventory = $15 million

Quick ratio = 3 times.

As we know

Total liabilities and equity = Total Assets

65 Million = Total Fixed Assets + Total Current Assets

65 Million = Total Fixed Assets + 45 million

Total Fixed Assets = 65 million - 45 million

Total Fixed Assets = 20 million

Quick Ratio = ( Total Current Assets - Inventory ) / Total Current Liabilities

3 = ( Total Current Assets - 15 million ) / $10 Million

3 x $10 Million = Total Current Assets - 15 million

30 million = Total Current Assets - 15 million

30 million + 15 million = Total Current Assets

Total Current Assets = 45 Million

8 0
3 years ago
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