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3 years ago

A provision requiring a construction contractor to pay $300 for every day it is late in completing the construction contract is:

Business

1 answer:

jasenka [17]3 years ago

7 0

Answer:

liquidated damages provision.

Explanation:

Liquidated damages can be regarded as one that is been presented in some particular legal contracts which is an estimate of otherwise intangible to one of the party or hard-to-define losses. It can be regarded as a provision which give room for the payment of a specified sum in case there is breach of contract by one of the parties. It can be regarded as contractual provision set up so that a party in breach will need to make a payment of pre-determined amount , which serve as compensation for failure by breaching partyin performing particular obligation.

For instance, provision requiring a construction contractor to pay $300 for every day it is late in completing the construction contract is liquidated damages provision.

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Hewitt Bank quotes a value for the Japanese yen (¥) of $0.007, and a value for the Canadian dollar (C$) of $0.821. The cross exc

lesya692 [45]

Answer:

$5030.45

Explanation:

Triangular arbitrage results when there is a discrepancy in the exchange rate of 3 foreign currencies. Traders can make a lot of money if they see this opportunity correctly.

Given:

Dollars to Yen >>> $0.007 = ¥ 1

Dollars to CAD >>> $0.821 = 1 CD

CAD to Yen >>> 1 CD = ¥ 118

Now, you have $5000,

Converting to CAD:

5000/0.821 = 6090.13 CAD

Converting to Yen:

6090.13 CAD * 118 = ¥ 718635.81

Converting back to USD:

¥ 718635.81 * 0.007 = $5030.45

So, you end up with $5030.45 from this triangular arbitrage opportunity.

5 0

3 years ago

Last year, Ricardo sold a piece of unimproved real estate to Cliff for $20,000. Ricardo acquired the property 15 years ago at a

Afina-wow [57]

The correct answer is : 7000

4 0

3 years ago

atchley corporation’s last free cash flow was $1.55 million. the free cash flow growth rate is expected to be constant at 1.5% f

ira [324]

Atchley corporation’s last free cash flow was $1.55 million. the free cash flow growth rate is expected to be constant at 1.5% for 2 years, after which free cash flows are expected to grow at a rate of 8.0% forever. the firm's weighted average cost of capital (wacc) is 12.0%. The best estimate of the intrinsic stock price is $25.05.

What is free cash flows?

The amount by which a company's operating cash flow exceeds its demands for working capital and expenditures for fixed assets is known in corporate finance as free cash flow or free cash flow to firm.

Therefore,

The best estimate of the intrinsic stock price is $25.05.

To learn more about free cash flow from the given link:

brainly.com/question/15848997

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2 years ago

One of the six characteristics economists use to judge how well an item

Aleonysh [2.5K]

Answer:

Money can easily be divided into smaller denominations is the correct answer.

Explanation:

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3 years ago

Monopolistically competitive firms are not productively efficient because output is less than society's optimal level because a

hoa [83]

Answer:

average total cost per unit is not at its lowest possible cost

Explanation:

A monopolistic competition is defined as such a market where many different firms or companies sells various differentiated products. Here the firm has some control on the price of the product. It is a market structure of considerably no price competition.

The monopolistic firms are not productive enough because the output is very less than the optimum level of the society as the average total cost of the producer per unit is not at the lowest possible cost.

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3 years ago