1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrMuchimi
3 years ago
6

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations,

the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.
A.True
B.False
Business
1 answer:
Anna71 [15]3 years ago
3 0

Answer:

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations, the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.

False

Explanation:

Any company could be sued at anywhere so far there is bridge of agreement or contract, with the analogy above such consulting American company would be sued but in the above case, a consulting American firm can not sue themselves unless someone in the company sue the American consulting firm

You might be interested in
What is the advantage of using computerized source documents to prepare​ job-cost records?
serious [3.7K]
The answer is letter c. The foremost concern with the source documents of job cost records is the accuracy of the records. Problems happening in this area consist of incorrect recording of   quantity or dollar amounts, materials recorded on one job being “borrowed”   and used on other jobs, and erroneous job numbers being assigned to materials   or labor inputs. The main advantages of using computerized source documents for job cost records are the accurateness of the records and the capability to offer managers with immediate feedback to help control job costs.
7 0
4 years ago
On January 1 of the current year, Townsend Co. commenced operations. It operated its plant at 100% of capacity during January. T
Slav-nsk [51]

Answer:

Answer is explained below:

Explanation:

Solution A:

Townsend Co.

Income Statement - Absorption costing

For the Year ended 31 january

Sales (42000*$18)                                                                 $7,56,000

Less: Cost of goods sold:  

Variable manufacturing cost ($575000/50000*42000) $4,83,000  

Fixed Manufacturing Overhead ($80000/50000*42000) $67,200  

Cost of goods sold  $5,50,200

Gross profit  $2,05,800

Less: Selling and admin. Expense:  

Variable Selling and Administrative Expenses $35,000  

Fixed Selling & Administrative Expenses $10,500  

Total selling and admin costs  $45,500

Net Income  $1,60,300

Solution B:

Townsend Co.

Income Statement - variable costing

For the Year ended 31 janaury

Sales (42000*$18)  $7,56,000

Less: Variable Cost:  

Variable manufacturing cost ($575000/50000*42000) $4,83,000  

Variable Selling and Administrative Expenses $35,000  

Total Variable Costs  $5,18,000

Contribution Margin  $2,38,000

Less: Fixed Costs:  

Fixed Manufacturing Overhead $80,000  

Fixed Selling & Administrative Expenses $10,500  

Total Fixed Costs  $90,500

Net Income  $1,47,500

8 0
3 years ago
A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability
timurjin [86]

Answer:

$95.45%

Explanation:

The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-

Particulars                                                      Percentage

Total probability                                              100%

Less:

Probability that return will be lower

than -28%                                                        2.28%

1- (NORMDIST (-28%,18%,23%,TRUE)

Probability that return will be More

than 64%                                                        2.28%

(NORMDIST (64%,18%,23%,TRUE)

Probability of getting a return between

-28% and 64%                                               $95.45%

6 0
4 years ago
Lauren purchased a personal umbrella policy with a $1 million limit and a $1,000 self-insured retention. Her insurer required he
givi [52]

Answer:

$99,000

Explanation:

The amount of $100,000 will be split between both Tina and the insurer in which the amount of $1,000 will be cover by Tina based on her self-insured retention policy while the insurer on the other hand will cover the remaining amount of $99,000 calculated as ($100,000-$1,000).

Therefore the amount that the insurer will pay under Tina's personal umbrella policy will be $99,000

4 0
3 years ago
_____ has the ability to introduce methods in which government can use to assist in ensuring equity.
dezoksy [38]
Answer: Social Welfare

Hope this helped!
3 0
3 years ago
Other questions:
  • Provide the summary journal entry which shows the cash flow for each of the following for Mike Roe Computers during the reportin
    6·1 answer
  • The two basic types of advertising are ____, which makes potential customers aware of products and their need for them, and ____
    9·1 answer
  • The profit margin on an item the company sells can best be defined as:
    9·2 answers
  • Discuss the effects that an impending labor shortage might have on the following three sub-functions of human resource managemen
    9·1 answer
  • Selling to another company the right to make and market a product line is called what line
    13·2 answers
  • Which of the following best describes an intermediate error event? Multiple Choice It is a boundary event attached to the bounda
    7·1 answer
  • If bacon and eggs are complementary goods, a rise in the price of eggs will _____________ the demand for bacon. a) increase b) d
    12·1 answer
  • Question 26
    10·1 answer
  • During periods of decreasing costs, the use of the LIFO method of costing inventory will result in a lower amount of net income
    10·1 answer
  • he fastest-growing sales trend is ________ that involves the use of online, mobile, and social media to engage customers, build
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!