It is the example of the decision of an arbitrator. At its
discretion, a court may grant the equitable remedy of injunction against breach
of a contractual duty where damages would be inadequate. When a breach of
contract occurs, the non-breaching party is required to take reasonable steps
to lessen or mitigate the damages that he may sustain.
Answer:
Correct option is G
Explanation:
Since required return on investment =10%
Thus discount factor = 1.1
Present value of stock = 2.2/1.1 + (14.6 + 2.4)/1.1^2
= $16.04
Answer:
The average total cost of producing silver is $34.
Explanation:
In perfect competition, there is no restriction on the entry and exit of firms. So the firms enjoy only normal or zero economic profits in the long run.
If the firms incur losses, the loss of incurring firms will leave the market and profits will increase. If firms will be having positive profits, new firms will enter and profits will get reduced.
The price level is thus equal to the average total cost in the long run.
The price of silver here is given as $34.
So, the average total cost will also be $34.
The correct
answer to this question is:
“5 days”
<span>Under the
Fair Credit Reporting Act (FCRA), consumers should be advised that they have a
right to request further information regarding Investigative Consumer Reports,
and the insurer or reporting agency has 5 days to present the consumer with the
additional information.</span>
Answer:
324.72
Explanation:
To get an income of $1, the man needs , therefore to get an income of $3000, the man needs .
Interest (i)= 8%/12 = 0.08/12 = 0.00667
Number of periods (N) = 12 months/year × 25 years = 300
Using actuarial notation:
Therefore: