Answer:
Yes Gordon can sue Floors n' Mores for the settlement of the contract keeping in mind that Gordon has made partial completion of the contract. Full payment would be determined based on the completion of the total work in line withe the plans submitted when the contract was signed
Explanation:
In order to understand the scenario in case if Gordon wants to sue Floors n Mores they can only be compensated for the amount of project completion in line to the expectations that matches to Floors n More.
For Example if 75% of the work is in line with the expectation of Floors N More then Gordon should be paid total amount payable multiply by 75%.
Usually in such cases if the contract is fulfilled to certain extent it is preferred to close the contract based on the %age of completion because major reconstruction, buying of fixtures and furniture was executed. Hence major risks and rewards were transferred to Floors n Mores.
Answer:
To calculate the amount of interest that Cecil was charged we can use the following formula:
interest charged = (APR / 365) x 30 days x adjusted balance
where:
Adjusted balance = previous balance – current payments = $340 - $150 = $190
interest charged = (19% / 365) x 30 x $190 = $2.97
When the market is low. And prices are right. Cause i invest in silver and i buy when silver is low and then sell when its high.
I cant tell you what to invest in however.
Hope this helps.
Answer:
The correct answer is letter "C": The competitive environment.
Explanation:
Competitive corporate environment refers to the natural rivalry atmosphere companies face while offering a good or service that is similar to one other firm provides. This environment pushes firms to constantly be looking for improvements in <em>product quality, price by reducing their costs, </em>and <em>customer service.
</em>
Also, competition is what drives institutions to pursue having a competitive advantage that will allow them to step up.
Assuming no economies of scale and identical costs, if the firms in a purely competitive industry were replaced by a profit-maximizing monopolist, the likely result would be <u>an Increase in price and reduced output</u>.
A key characteristic of a monopolist company is that it is a profit maximizer. A monopolistic market has no opposition, meaning the monopolist controls the rate and quantity demanded. the level of output that maximizes a monopoly's earnings is while the marginal cost equals the marginal sales.
The profit-maximizing monopolist for the monopoly will be to produce at the amount wherein marginal sales is equal to marginal fee: that is, MR = MC. If the monopoly produces a decreased amount, then MR > MC at those ranges of output, and the firm could make better income by way of expanding output.
The profit-maximizing output stage is represented as the only at which total sales is the height of C and total price is the peak of B; the maximal earnings is measured as the period of the section CB. This output level is also the only at which the whole earnings curve is at its maximum.
Learn more about monopolist here: brainly.com/question/13113415
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