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aleksandrvk [35]
3 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]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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A positive result that stems from the use of return on investment (ROI) is that it encourages managers to focus on:
Lilit [14]

Answer:

Option E  

Explanation:

In simple words, return on investment refers to the amount of income or profit that an organisation generates with its given level of resources. Such resources include all the assets such as machinery, equipment and human resources of the company.

This measure gives a sign if the different sections of the company are working efficiently or not. It is a quantitative measure therefore, it also depicts if the amount generated is enough or not. Thus, we can conclude that all the options are correct.

8 0
3 years ago
Required information {The following information applies to the questions displayed below. At the beginning of Year 2, the Redd C
kolezko [41]

Answer:

Assets:

Cash 8200 - 520 - 5243 - 820 - 620 + 9016 = 10,013

Receivables 9200 - 9200 = 0

Inventory 2200 + 5700 + 520 - 350 - 107 - 6200 + 520 - 383 = 1900

Liabilities:

Accounts Payable 5700 - 350 - 5350 = 0

Common Stock 7700 = 7700

Explanation:

Redd Company has incurred multiple transactions which will require adjustments before financial statements are prepared. These transaction will have effects on both sides of the accounts assets and liabilities. Common stock is not affected by the transactions as this is equity section.

8 0
3 years ago
Explain the most probable reason why the market price of these bonds has declined, even though Clear-Air‘s credit rating has imp
andriy [413]

Answer:

The information about old and current bond prices is missing, but the answer is probably the same with or without it. The reason why bonds' prices increase or decrease even if their credit rating remains the same is that market rates change. For example, if the market interest rates decrease, the price of bonds will increase. But on the other hand, if the market rates increase, the price of bonds will decrease. Market rates give are determined by averaging the returns of similar investments, and if an investor believes that he could earn more money somewhere else, he will sell the bonds and invest in that other security.

3 0
3 years ago
Strategic PlanningImagine that IBM has decided to diversify into the telecommunications business to provide online cloud-computi
rosijanka [135]

Answer:

IBM could either diversify by the strategy of market penetration, which consists in increasing the market share in a particular sector (in this case, cloud computing) through more marketing efforts.

Or it could integrate horizontally, acquiring a possible competitor that is more advanced in the cloud-computing business. Or even a start-up with good prospects, because with the amount of capital that IBM has, it could more easily expand the start-up operation as a new internal business division.

4 0
3 years ago
Resource leveling is a network scheduling technique that seeks to assign nearly equivalent work units to each member of the proj
lora16 [44]

Answer:

False

Explanation:

Resource leveling in project management is a technique used to ensure that over-allocation of resource or conflicts as a result of over-allocation does not occur.

Cheers

3 0
4 years ago
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