Answer:
The correct answer is C
Explanation:
Contract is the legal term which is defined as the agreement which is legally enforceable among two or more than two parties. And the contract could be written or oral.
So, in this scenario, Jeremy had an agreement with Shelly to pay per month $50 and for four months. But Jeremy breach the contract when two months left on the contract to complete.
Therefore, the incompensatory damages to Shelly be entitled is computed as:
Damage amount = Amount Per month × Number of months
= $50 × 2
Damage amount = $100
A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year.
Answer: E) Many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
Explanation:
The scenario that'll make the labor union accept Richard's suggestion to lower the wages is when many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
The reduction in wages by Xanadu Industries wouldn't bring about loss.of workers as the manufacturing plant is the only industry in the area. Another way the company can reduce cost is through the reduction in its raw materials cost. If the employees aren't satisfied due to the reduction in wages, they can look for employment at Utopia Industry.
Therefore, the correct option is E.
B) The sale price of cars went down.
Answer:
The answer is letter C.
Explanation:
The situation that would not result in auditors adding an additional paragraph to their report is reference to a departure from GAAP that is material, but not pervasive, to the financial statements.
