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aleksandrvk [35]
2 years ago
14

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]2 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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You have just been assigned a training event in your organization. since the training event will consist of purely adults, expla
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3 years ago
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
yKpoI14uk [10]

Answer:

                                                                  Product A   Product B  Product C

Sales value after further processing       $494,940   $656,030   $248,820

(14,600*$33.90), (22,700*$28.90),

(5,800*$42.90)

Costs of further processing                      <u>$91,990</u>     <u>$133,305</u>    <u>$62,660</u>

Benefits of further processing                 $402,950   $522,725   $186,160

Less: Sales value at split-off point           <u>$408,800</u>   <u>$499,400</u>   <u>$197,200</u>

(14,600*$28.00), (22,700*$22.00),

(5,800*$34.00)

Net advantage / (Disadvantage)            <u>$(5,850)</u>     <u>$23,325 </u>      <u>$(11,040)</u>

6 0
2 years ago
A decrease in government spending and the enactment of an investment tax credit would definitely cause a. the quantity of loanab
Vesna [10]

Answer:

The correct answer is option d.

Explanation:

A decrease in government spending will reduce the demand for loanable funds. This will cause the demand curve for loanable funds to shift to the left.  

The leftward shift in the demand loanable funds will cause the interest rates to decrease. This reduction in the interest rate and investment tax credit will cause the quantity of loanable funds traded to increase.

8 0
3 years ago
Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi
Neko [114]

Answer:

the payback period is 14 months

Explanation:

The computation of the payback period is shown below:

Profit is

= $2,000,000 - $1,669,426

= $330,574

Now payback period is

= 1 + $330,574 ÷ $1,669,426

= 1 +0.198 years

= 1.198 years

= 14.37 months

= 14 months

Hence, the payback period is 14 months

8 0
3 years ago
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