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Vinil7 [7]
3 years ago
10

Jack and Scotty begin negotiations where Scotty will give Jack hockey lessons for a certain amount of money per week. While they

are still negotiating the dollar amount and the number of lessons, they begin to meet weekly to have lessons. After ten lessons, Jack tells Scotty that it is clear that they are not going to be able to agree on the number of lessons or the dollar amount, so he will not participate any more. If Scotty sues Jack, the court will:
a. award Scotty a reasonable amount for the lessons he already taught.b. award Scotty specific performance to make Jack finish the series of lessons agreed to.c. award Scotty the reasonable value of a reasonable length of a contract for this type of lesson.d. award Scotty nothing because there is no contract.
Business
1 answer:
nika2105 [10]3 years ago
7 0

Answer:

The best option is a.

The court will award Scotty a reasonable amount for the lessons he already taught.

Explanation:

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The advantages of personal financial planning include:
den301095 [7]

Answer:

d. All of these

Explanation:

Personal financing is the process of organizing and managing an individual or household's income to achieve set financial goals. It involves managing personal finance activities such as income, expenditure, savings, and investments. The primary objective of personal finance is to assist individuals maximize their current incomes and make future plans. As a result, they can achieve both short term and long term goals.

7 0
3 years ago
ABC Company listed the following data for the current year:
RideAnS [48]

Answer:

$10,800 underapplied

Explanation:

Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:

Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400

Overhead machine hours=($43.50 x 23,600) - 1,037,400

Overhead machine hours=$1,026,600- 1,037,400

Overhead machine hours= $10,800 underapplied

Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied

5 0
3 years ago
On February 20, services valued at $60,000 relating to the organization of a corporation were performed in exchange for 1,000 sh
Ganezh [65]

Answer:

Explanation:

The journal entry is shown below:

On February 20

Organization expense A/c Dr     $60,000

          To  Common Stock A/c $25,000       (1,000 shares × $25)

          To  Paid in capital in excess of par-Common Stock $35,000

(Being the organization expense is recorded and remaining balance is credited to the  Paid in capital in excess of par-Common Stock)

3 0
3 years ago
How a company can achieve lower production costs and increase productivity
Softa [21]

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

 

5 0
3 years ago
Suppose you owned a portfolio consisting of $250,000 of long-term U.S. government bonds. Would your portfolio be riskless? Expla
hammer [34]

Answer and Explanation:

An investment when it would be risk free in that case both the principal and the interest amount are to be paid within the prescribed time. Also when the U.S government bonds i.e. long term would be issued by the government have a lesser interest rate as compared with the other riskier securities available at the market place this is because as the government would default next to zero in case of the short term it would make the default when there are extreme situations arise.

Therefore in the short term it would be risk free

But in the long run, the person is based on the treasury bills returns so that he or she could equate the similar standard of living also it would not suffice when the inflation rises

Therefore the less risky investment would be of Government bonds

6 0
3 years ago
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