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Yakvenalex [24]
3 years ago
12

In a single writing, a painter contracted with a farmer to paint three identical barns on her rural estate for $2,000 each. the

contract provided for the farmer's payment of $6,000 upon the painter's completion of the work on all three barns. the painter did not ask for any payment when the first barn was completely painted, but she demanded $4,000 after painting the second barn. is the farmer obligated to make the $4,000 payment?
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

Answer: No

The contract was done in single writing and provided for the farmer's payment of $6,000 upon the painter's completion of the work on all three barns, so the farmer is not obligated to make the $4,000 payment for the completion of the 3 barns.

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A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
Mashutka [201]

Answer:

Income = $30,000

Explanation

<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>

Product       Cont/unit          machine hr /unit    cont/hr    Ranking

A                    $8                    2 hrs                      $4/hr             2nd  

B                    $18                  3 hrs                       $6/hr            1st

<em>Hence the company should allocate the resource to the product B</em>

<em>Hence the total contribution</em>

= 5000 hrs × $6 per hr.

= $30,000

Income = $30,000

6 0
3 years ago
A real estate loan where a homeowner receives monthly payments based on accumulated equity rather than a lump sum and is repaid
ivanzaharov [21]

Answer:

reverse annuity mortgage

Explanation:

The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.

6 0
4 years ago
In most systems for reducing pollution using an effluent fee, the government is directly involved as a fee collector. For exampl
Ganezh [65]

The Italian government can increase the efficiency of its effluent system by becoming creating a law that makes it illegal to smoke in smoke-free zones.

<h3>What is an Effluent?</h3>

This refers to wastes that are secreted or released into the air, water, or underground channels.

Examples of effluents are:

  • Liquid factory waste
  • Smoke
  • Sewage etc.

See the link below for more about the effluent system:

brainly.com/question/6277954

3 0
2 years ago
Kelly, Lars, and Mona agree to be partners in Neighborhood Delivery Service (NDS), splitting the profits equally. Kelly contribu
Vikentia [17]

Answer:

2) all of the partners in proportion to their shares of the profits

Explanation:

Partnership refers to a mutual agreement between two or more individuals, deciding to carry on a business and share it's risks and rewards in the profit sharing ratio as stipulated, or as provided in the partnership deed.

Upon retirement or death of any of the partners, the partnership is said to have been dissolved. Upon dissolution, the profits and losses arising consequently shall be shared by the remaining partners in their profit sharing ratio. A firm may decide to voluntarily dissolve too.

In the given case, upon dissolution, liabilities exceed assets and thus indicate a loss.

This loss shall be borne by all of the partners in their profit sharing ratio and not in the ratio of their capitals.

6 0
4 years ago
Charlie wants to register a name for his company. He wants a name that is specific to the company and makes the company easily i
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Answer:

The name of the company isLaunch Business As

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