Reformation permits the court to order the breaching party to perform the acts promised in the contract.

The ratio of a country's exports to its total output (GNP or GDP) Select one: a. is known as the index of openness. b. provides

AlexFokin [52]

Answer:

1. d. All of the above are true.

2. c. GDP refers to production within the nation while GNP refers to production by domestic factors no matter where they are located.

Explanation:

1. The ratio of country's exports to GDP is known as trade-to-GDP ratio or the index of openness. This ratio main objective is to measures the importance of international trade in an economy and its usually remain high for developing countries.

2. The only difference between GDP and GNP is that of net factor income from abroad. While GDP only takes into account production of goods and services within the country's borders; GNP takes into account production of all economy owned identities, no matter where they are located.

5 0

3 years ago

A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p

Mashutka [201]

Answer:

The correct answer is - No,

Explanation:

The correct answer is - No,

The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.

Therefore the owner wouldn't consider the broker and didn't due broker commission.

8 0

2 years ago

Which describes the process by which assets or equipment decrease in value

JulsSmile [24]

Depreciation is the correct answer

4 0

1 year ago

The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 1800 units, the actual direct

Marat540 [252]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 1800 units, the actual direct labor cost was $48000 for 3000 direct labor hours worked.

We need to calculate the total direct labor variance, using two formulas:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (1,800*2 - 3,000)*15= $9,000 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 48,000/3,000)*3,000= $3,000 unfavorable

Total direct labor variance= 9,000 - 3,000= $6,000 favorable

6 0

3 years ago

Bob is hired to do computer sales for an electronics store. He agrees that if he leaves his employment, he will not work for ano

Simora [160]

A. covenant not to compete

4 0

3 years ago