Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1st of December but were sent to Kids' Corner on the 5th of December. There has been a(n) _____ of contract.
A. compensatory breach
B. anticipatory breach
C. material breach
D. concurrent breach
<u>Correct Option:</u>
There has been a <u>material breach</u> of contract.
<u>Option: C</u>
<u>Explanation:</u>
A contract law concept that applies to a non-performance under the contract that is sufficiently serious to give the grieved party the right to sue for contravention of the contract, is understood as a material break or infringement.
If a substantive violation has occurred, the aggrieved party is therefore deprived of a contractual duty to further results. Here the Kids' Corner toy store ordered a supply of stuffed toys from Toyland Inc. but received order in delay date, which is considered as material breach due to late delivery of expected material.
Answer: Option (A)
Explanation:
Crisis management is known as or referred to as process through which the organization tends to deal with the unexpected and disruptive event which mostly threatens in order to harm an organization or the stakeholders. The crisis management is considered and known to be one of the most important and vital process in the public relations.
The company has declared a 100% stock dividend on its common stock will not be considered while calculating the earnings per common shares should be.
Earnings per share = Net Income / Number of equity shares.
where Net Income = $1,520,000
Common equity shares = 300,000
Earnings per share = $1,520,000 / 300,000
Earnings per share = $5.07
Therefore, earnings per common share for year 2015 for Rice Corporation is $5.07
Answer:
The current and past missed preferred stock dividend payments must be made before a common stock dividend payment can be made.
Explanation:
Answer:
answer is given below
Explanation:
You have recommended that the company improve quality control by ending contracts with outside contractors and bringing all the product to the United States. This is the best option. Given the risks facing the company, it is advisable to make extensive changes in operations
- It is always a viable decision to keep or control the quality aspects of the company in the House, because monitoring is more precise and, moreover, any small differences can be easily detected and overcome at any time.
- In addition, working from home is always a benefit and value addition to make the production process flow freely and progressively.
- The factor that drives a company to manage its profits from the country and, therefore, this option is viable
