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2 years ago

an artist brought a breach of contract claim against a museum...what effects will the dismissal order have

Business

1 answer:

mezya [45]2 years ago

6 0

Answer:

The artist will not be able to refile or restart the same claim again.

Explanation:

The breach in a contract means when one of the party who have entered into an agreement fails to perform or deliver according to the contract terms made in the agreement.

In the context, the dismissal is be able to operate as the adjudication on its merits which $\text{precludes the artist from re-asserting the same claim}$ in some newly filed action. This involuntary dismissal are also prejudice, so that artist will not be able to re-start the same claim in a newly filed action.

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Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t

cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years = withdrawals of X for 15 years

<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

We first need to get the future value of the retirement account

and then the PMT this fund can do.

<u>deposits future value:</u>

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 444

time 240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

$444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\$

FV $162,847.9340

<u>withdrawals PMT:</u>

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $162,847.93

time 180

rate 0.005

$162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\$

C $ 1,374.203

6 0

3 years ago

The current market value of the assets of ABCD is $86.28 million. The call option value on the firm's assets is $53.09 million.

Temka [501]

Answer: $33.19 million

Explanation:

From the question, we are informed that the current market value of the assets of ABCD is $86.28 million and that the call option value on the firm's assets is $53.09 million.

The market value of the firm's debt will be the difference between the market value of assets and the call option value of the firm's assets. This will be:

= $86.28m - $53.09m

= $33.19 million

6 0

2 years ago

What were two most challenging educational experiences? Explain why they were challenging

Tresset [83]

to me it would actually have to be college course math because im not really good at trigonometry

3 0

3 years ago

which florida law requires owners and operators of motor vehicles to be financially responsible for damages and or injuries they

mrs_skeptik [129]

The Financial Responsibility Law

8 0

3 years ago

Read 2 more answers

The Allied Corporation analyzes a project that requires an immediate investment of $440. Allied estimates that at the end of the

olga_2 [115]

Answer:

NPV = $100.4002 rounded off to $100.40

Explanation:

The NPV or net present value is the present value of a project or business's cash flows which are calculated by deducting the cash outflows from the cash inflows. NPV is a tool or criteria used for investment and project appraisal. The NPV can be calculated as follows,

NPV = CF1 / (1+r) + CF2 / (1+r)^2 + .... + CFn / (1+r)^n - Initial Outlay

Where,

CF1, CF2, ... represents the cash flows in Year 1, Year 2 and so on.
r represents the discount rate

NPV = 660 / (1+0.075) + [ -85 / (1+0.075)^2] - 440

NPV = $100.4002 rounded off to $100.40

8 0

2 years ago