Answer:
The correct answer is : C. Neither breached the contract because there is no contract until Friday.
Explanation:
As the contract will only become valid when both the parties Mohan and ACME sign up and this will only happen on Friday. But as Mohan is informed by the Acme on Tuesday that they can not hire him before signing up the contract that is scheduled on Friday. Since there is no valid agreement between parties, no breach of contract occurred.
Thus, the correct answer is option C. Neither breached the contract because there is no contract until Friday.
Answer:
Correct answer is option c. $3 million.
Explanation:
Step 1. Given information.
- 3 million gain
- 50 million sales
Step 2. Formulas needed to solve the exercise.
The withholding amount on the part of the purchaser of this land = Total consideration value * 6%
Step 3. Calculation.
= $50 million *6%
= $3 million
Step 4. Solution.
Therefore correct answer is option c. $3 million.
Answer:
Command
Explanation:
In the command economic model, the government determines the level of economic productions in the country. It decides what will be produced, its quantity, and the cost price. A central authority or the government owns all the factors of production.
The command economy is also the planned economy. The government plans and produces all goods and services. The private sector is not present in the command economy.
<u>Entrepreneurs</u> would generally rather work—or play—on their own than be a member of a team. Smart entrepreneurs regularly seek <u>advice</u> from consultants or a board of directors. <u>Insufficient cash</u> is the number one reason most businesses fail. <u>Personnel</u> management is a key ingredient in the success of any business.
