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schepotkina [342]
3 years ago
14

Culler Construction Company agreed with the City of Orange Key to build a road. The project was to begin on December 1. One week

after the work began, a hurricane struck the site, washing away so much land that the construction would be twice as expensive. As a result, Culler refused to continue the job, unless Orange Key paid a large sum in addition to the initial contract price. A promise by Orange Key to pay more than the original price is:_______
Business
1 answer:
KonstantinChe [14]3 years ago
6 0

Answer: D. Enforceable because Culler encountered unforeseen difficulties.

Explanation:

Contractual obligations can be changed if one or both parties encounter unforeseen circumstances that would significantly alter their ability to fulfil their part of the contract.

In this scenario, Culler Construction would incur a significantly higher cost to carry out their side of the contract than what was agreed. The contract can therefore be changed and this change would be enforceable by law. The higher offer by Orange Key is therefore legal and enforceable.

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In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate __________
GrogVix [38]

In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.

<h3>What Is the IS-LM Model?</h3>

The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.

It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.

Your question is incomplete, but most probably your full question was:

In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.

  1. rises; falls
  2. rises; rises
  3. falls; rises
  4. falls; falls

Hence, the appropriate alternative is rises; rises.

Learn more about IS-LM Model on:

brainly.com/question/15310574

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Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten wor
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Passerine enhanced labor. 
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Wnich of these skills is the cognitive ability to see the organization as a whole and the relationship amon parts? a. Human b. R
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Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

4 0
3 years ago
Which of the following best describes a supply chain? *
Virty [35]

Answer:

D. an interrelated set of functions that provide the goods and services which will be sold to customers is the correct answer.

Explanation:

4 0
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Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.
Nonamiya [84]

Answer:

The question is missing cash value to the tune of $39200.00

The statement of goods manufactured schedule has $400,620.00   as the costs of goods manufactured

Secondly, the income statement has $ 77,380.00  as gross profit.

Lastly, the balance sheet has total current assets as  $165,100.00.

Find details in the attached excel file.

Explanation:

Please note that items relating net income were omitted as there was no requirement to calculate net income for the year,only gross profit is required.

Download xlsx
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