Answer:
171,000 dollars is the answer.
Explanation:
1. ($998,000 - $964,000 = $34,000)
2. $205,000 - $34,000 = $171,000
Answer:
the price of the product increases
Explanation:
the high the price of the commodity the lower the quality demanded
New goods or Services or Improvement in offering goods or services.
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Innovation is the process and outcome of creating something new, which is also of value.
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Answer:
d. Willis breached the contract, but the breach was not material.
Explanation:
Willis agree to built a new home for Robert. The contract price was $300,000. Robert specified the features for the new home and since he is very picky he did not wanted to compromise on the specification he decided. Willis made a mistake and faucets and linoleum flooring are not exactly what Robert specified. The amount required to put the faucet back to its condition which Robert specified is $300 which is 1 percent of the total contract amount. The amount of breach is not material but Willis has breached the contact with Robert.
Answer:
The correct answer is $1,100,000.
Explanation:
According to the scenario, the given data are as follows:
Customer account = $300,000
Joint account = $500,000
Customer's wife account = $300,000
So, we can calculate the amount that customer receive under SIPC by using the following formula:
SIPC =
- Under SIPC each account considered as an individual account.
- A maximum limit cover of $500,000 for cash and security for each individual account.
So, the amount that can receive by customer is:
Total Amount = $300,000 + $500,000 + $300,000
= $1,100,000
Hence, the total amount that customer receive under SIPC is $1,100,000.
