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Lynna [10]
3 years ago
15

In voluntary exchange, if the seller of a product gains,

Business
1 answer:
Ber [7]3 years ago
6 0
The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.
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C.B. Management, Inc., had a franchise agreement with McDonald’s Corp., to operate McDonald’s restaurants in Cleveland, Ohio. Th
statuscvo [17]

Answer:

Who is the franchisor?  McDonald's

Who is the franchisee?  C.B. Management Inc.

In a franchise relationship, the <u>franchisee</u> is economically dependent on the <u>franchisor's</u> business system.

The franchise relationship is defined by the <u>contract</u>.

Did C.B. Management, Inc.’s failure to make a payment due more than thirty days earlier constitute a breach of the franchise contract?  YES

Why?  A) the contract provided McDonald's could terminate the contract when a payment was more than 30 days late.

Did the contract provide that the acceptance of a late payment waived McDonald's right to terminate for late payments? NO

What does an implied covenant of good faith and fair dealing require? That the parties act <u>reasonably</u>.

Did McDonald's act of accepting late payments in the past transform McDonald's right to terminate into a discretionary decision governed by the standard of good faith and fair dealing in the future? NO

Why? Which one of these reasons is not correct? B) the actions of the parties control this issue.

A court would likely find for <u>McDonald’s</u>

8 0
3 years ago
Which payment method typically charges the highest interest rates? EverFi?
Yanka [14]
A is the correct answer.
5 0
3 years ago
Read 2 more answers
A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
NeX [460]

Answer:

The $200,000 represents the revenue and the $50,000 represents the profit.

Explanation:

4 0
2 years ago
In the vertical analysis of a balance sheet, _____________ is assigned 100 percent, with all other items expressed as a percenta
Lapatulllka [165]

In the vertical analysis of a balance sheet, net sales are assigned 100 percent, with all other items expressed as a percentage thereof.

When analyzing the balance sheet vertically, assets are divided by the base amount, total assets. Debt and equity are divided by the sum of debt and equity, which is the base amount.

Vertical analysis is a means of measuring the relationship between any two different financial statement amounts, while horizontal analysis examines the relationship between specific financial statement measures.

The next red flag relates to the balance sheet. Open receivables from customers that are difficult or impossible to identify and correct. Mass sales to companies of unknown identity or ownership.

Learn more about the balance sheet at

brainly.com/question/1113933

#SPJ4

4 0
2 years ago
ginnie has an interest-only home equity loan at an annual interest rate of 7%. if her monthly payment is $1,458, how much is the
sergiy2304 [10]

What is Loan Principal Balance
Principal is the initial sum of a loan in the context of borrowing; it can also refer to the balance still owed on a loan. The principal of a $50,000 mortgage, for instance, is $50,000. If you pay down $30,000, the remaining $20,000 is the primary balance. The principal of a loan determines how much interest you pay. The amount of your monthly loan installments is applied to the accrued interest first and only then to the principle when you make a payment. The only method to lower the amount of interest that accrues each month is to reduce the loan's principal.

Main content
$250,000
$1,458 x 12 months = 17,496
17,496 / 0.07 =$249,942

To learn more about Principal Balance
brainly.com/question/12157435
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3 0
2 years ago
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