Answer:
Tami and Construction Inc. Vs. Frank
Can Frank sue Tami or Construction, Inc. and recover damages if either party breaches the contract?
Frank will not be successful if he sues either party because he is an incidental beneficiary.
Explanation:
Frank is just an incidental beneficiary and a third party who benefits from the contract between Tami and Construction, Inc. The contract is not intended to benefit Frank. Therefore, Frank does not have any legal rights under the contract. He cannot successfully sue Tami or Construction, Inc. if either party breaches the contract. He lacks the contractual rights to sue either party.
Answer:
Customer relationship management
Explanation:
Ralph's position at Zenith requires him to focus primarily on customer relationship management
Answer:
Antonio tries to limit his risk of overexposure to debt by using a smart card to store a certain amount of value that he then uses to make purchases.
Explanation:
Debt is a legally binding condition in which one party to owes another money to the other party. It could be due to borrowed funds or an unpaid sum of money. Debt exposure can be explained as the level of debt by which the borrower owes the lender. Overexposure to debt is the condition in which a borrower is at high risk of defaulting. Overexposure conditions can be detrimental to an individual's access to credit, and thus should be avoided at all cost. The use of a smart card can be of use in such cases to avoid overexposure to debt.
A smart card is a physical card embedded with a micro-chip that contains credit tokens and information. The smart card is rectangular shaped and usually made of plastic, they are small enough to be carried with ease in a wallet. The information in the microchip is usually encrypted to ensure security of the information in the microchip. A user can store budgeted amounts of credit in the smart card, in this way he/she can decide to use this token to purchase goods and services without exceeding the limit. Once the limit is reached, one can no longer make any more purchases thus limiting overexposure to debt.
Answer:
The amount after 7 years will be $111.07
Explanation:
We have given principal amount = $50
It is given that rate of interest for 8 years is 5 %
Time period n = 8 years
So amount after 8 years
This amount will act as principal amount for remaining year
We have to find the amount after 15 years
So left time = 15 - 8 = 7 years
Rate of interest for this 7 years is 6 %
So amount after 15 years
So the amount after 7 years will be $111.07
Answer:
The correct answer is Dell will offer $20 per copy of the software and Symantec will accept the offer.
Explanation:
A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.
It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.
In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.