Solution , explanatory , inquiring
<span>No, specific performance is not allowed in this case because money damages are available.
In case that a party failed to fulfill the condition that signed on the contract, the court could give 1 of 2 form of punishments.
The first is to forcibly make that party perform the condition (specific performance), the other is to pay back the loss that incurred because of that party fail to fulfill the condition (money damages)</span>
Answer:
The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.
Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.
The social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment where everybody gets to know each other.
<h3>What is a social needs?</h3>
This is a need that include friendship, affection, belonging, love etc.
In a workplace, when the physiological and safety needs are well satisfied, then, the employees will be motivated to work effectively.
Therefore, the social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment
Therefore, the Option C is correct.
Read more about social needs
<em>brainly.com/question/1172032</em>
Answer:
Adjusted gross income = $51000
Explanation:
given data
gross income = $50,000
Charitable contribution = $2,000
Taxes and interest = $7,000
Legal fees = $1,000
Medical expenses = $3,000
Penalty = $250
to find out
Adjusted gross income AGI
solution
we get here Adjusted gross income AGI is express as
Adjusted gross income = gross income + Taxes and interest - Charitable contribution - Legal fees - Medical expenses ............................1
put here value we get
Adjusted gross income = $50,000 + $7,000 - $2,000 - $1,000 - $3,000
Adjusted gross income = $51000
