How makes emerging technology happen

Parsley, a world-famous chef, signs a contract to give lessons in French cooking to Curry. Parsley wants to transfer his duties

Margarita [4]

Answer:

C. not valid because performance depends on Parsley's personal skills

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

8 0

3 years ago

"Using your favorite search engine, the resources of your library, and information available on the Uber Web site, identify and

Digiron [165]

Explanation:

All drivers background are checked before they take the first drive considering the safety aspect of Riders.

Minimize the time that the rider waits with phone. Instead wait for the driver to reach your place which would be notified by tracking his path through map

Emergency button that exists, will alert the securities about the threat that the rider got.

The insurance that is covered and can be used during accidents

Be a back-seat rider so that you exit from the ride on an emergency

Wear your seat belt always to stay safe

Share the trip details with your family members so that they can track the path on an emergency.

7 0

3 years ago

Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: After-tax operating income

melamori03 [73]

Answer:

The company's stock price today should be $71.17 per share.

Explanation:

The corporate valuation model approach can be used to estimate this by using the following steps:

Step 1: Calculation of the free cash flow

Free cash flow is the cash a firm generates after accounting for capital expenditure. This can be estimated using the following formula:

Free Cash Flow (FCF) = After-tax operating income + Depreciation expenses - Capital expenditure

For this question, we therefore have:

Free Cash Flow (FCF) = $700 + $150 - $375 = $475 million

Step 2: Calculation of Value of operations (Vo)

Vo = FCF / (WACC - FCF growth rate) = 475 / (11% - 7%) = $11,875 million

Step 3: Calculation of the Firm value

Firm value = Vo + Non-operating assets = $11,875 + $199 = $12,074 million

Step 4: Calculation of value of equity

Value of equity = Firm value - Debt = $12,074 - $3,534 = $8,540 million

Note: The correct amount of debt is $3,534 not $3.540 as mistakenly given, may be due to typographical error, in the question.

Step 5: Calculation of stock price per share today

Stock price per share = Value of equity / Number of shares outstanding = $8,540 / 120 = $71.17 per share

Therefore, the company's stock price today should be $71.17 per share.

7 0

3 years ago

Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers requi

dsp73

Answer:

Demand for plastic sprinklers for year 1 Year 2 Year 3 and Year 4 is 98 (33 + 14 + 51) , 111 , 133, 136.

Explanation:

The Production line capacity requirement for the next four years will be equal to the demand for the next four years. The production line needs to meet the annual demand for the plastic sprinklers. The production line is extended and economies of scale is introduced with helps the company save additional cost of extension in the production line.

5 0

3 years ago

Grib Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The pred

gregori [183]

Answer:

$270,000

Explanation:

Calculation of total manufacturing cost assigned to Job 436

Direct Materials

Dept A $50,000

Dept B $10,000

Direct Labor

Dept A ($80,000 x 1/2) $40,000

Dept B $60,000

Manufacturing Overheads

Dept A $80,000

Dept B ($60,000 x 50%) $30,000

Total $270,000

Therefore,

The total manufacturing cost assigned to Job 436 was $270,000.

8 0

3 years ago

How makes emerging technology happen​

How makes emerging technology happen