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german
2 years ago
12

Alan tells Sherry that he will pay her $5,000 if she runs the Boston Marathon. Once Sherry starts running the marathon, Alan, le

gally, ________. Group of answer choices can revoke the contract as informal verbal agreements are not binding. can reduce the amount of money offered from $5,000 to $4,500, but only if Sherry doesn't place in the Boston Marathon. cannot revoke the contract. can sue for equitable damages only.
Business
1 answer:
iragen [17]2 years ago
8 0

Answer:

can revoke the contract as informal verbal agreements are not binding

Explanation:

Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other

So as per the given situation, the above statement should be considered

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What is the primary purpose of an issuer sponsoring an american depositary receipt (adr)?
xz_007 [3.2K]

U.S. investors. these securities are created to facilitate foreign funding in U.S. companies. those securities are created to attract a U.S. investor base.

Foreign Direct funding (FDI) is a monetary time period used to explain when corporations from abroad (“international groups”) build facilities, buy equipment, lease people and create products and services in the U.S.A.

Foreign direct funding (FDI) is when an investor becomes a full-size or lasting investor in a commercial enterprise or company in another country, which may be a lift to the worldwide financial system.

Learn more about foreign investment in U.S. companies here

brainly.com/question/16261142

#SPJ4

7 0
2 years ago
It is important to know your own strengths and weakness. T or F I'm pretty sure its T but I wanna make sure-
stepan [7]

Answer:

True.

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Hence, it is important to know your own strengths and weakness because it would help in the decision-making process.

7 0
2 years ago
When teaching new vocabulary, how many times should you encourage the student to repeat the word back to you?
hram777 [196]
Answer:  Repeat little and often. It's alarming how quickly students can forget vocabulary. Encouraging students to focus on new vocabulary daily is the best way to make it stick. It doesn't have to involve sitting down for hours; little and often will help get vocabulary into students long term memory.
3 0
3 years ago
Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va
Ksenya-84 [330]

Answer:

The company will lose $85,000 if the product line is discontinued

Explanation:

Giving the following information:

Sales= 480,000

variable expenses= (360,000)

Contribution margin= 120,000

fixed expenses= (140,000)

Net operating income= (20,000)

If Gator eliminates the line, $35,000 of fixed costs will remain.

We need to determine the effect on income if the product line is discontinued.

Effect on income= fixed costs  - net operating income

Effect on income= -105,000 - (-20,000)

Effect on income= -85,000

The company will lose $85,000 if the product line is discontinued

8 0
3 years ago
You are trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municipal b
FinnZ [79.3K]

Answer:

D.

Municipal bond because the equivalent taxable yield is 6.6%

Explanation:

we should make the important difference that municipal bonds are tax free while corporate bonds don't.

Therefore we should solve for the after tax rate fo the corporate bond:

pretax (1-t) = after tax -rate\\0.0625(1-0.28) = 0.0625(0.72) = 0.045

The corporate bond as a yield of 4.5% after taxes which is lower than the municipal bond. This make it more attractive

We can also solve for the pre-tax rate of the municipal bond:

pretax(1-t) = after tax - rate\\pretax (1-0.28) = 0.0475\\pretax = 0.0475/0.72 = 0,065972 = 0.066

the municipal bonds would be equivalent to a 6.6% corporate bonds.

This makes option D correct.

6 0
3 years ago
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