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igomit [66]
2 years ago
12

Fenton Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies have

agreed to draft the business contract in the Leone Republic. Since the contract will be drafted under a common law framework, it will be: ________
Business
1 answer:
Alona [7]2 years ago
7 0

Since the contract will be drafted under a common law framework, <u>it will be based on tradition, precedent, and custom.</u>

<h3>What is a common law contract?</h3>

Contracts drafted under a common law system give judges the opportunity to interpret disputes using the prevailing situations.  A common law system adjudicates cases based on judicial precedent.  Judicial precedents are established through case law.

Thus, common law contract cases <u>will be based on tradition, precedent, and custom.</u>

Learn more about common laws at brainly.com/question/7803647

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Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2014
Marizza181 [45]

Answer:

b. 60%

Explanation:

The computation of percentage is assigned to Cost of Goods Sold is shown below:-

                                      $           %

Sales                                  $300      $100

Cost of Goods Sold          $180         $60  ($180 ÷ $300) × 100

Gross Profit                      $120        $40  ($120 ÷ $300) × 100

Operating Expenses          $45          $15  ($45 ÷ $300) × 100

Net Income                      $75          $25 ($75 ÷ $300) × 100

Percentage assigned to cost of goods sold = Cost of goods sold ÷ Sales × 100

= $180 ÷ $300 × 100

= 60%

Therefore for computing the percentage is assigned to Cost of Goods Sold we simply applied the above formula.

3 0
3 years ago
WHAT IS THE SUPPLY CHAIN FRAMEWORK'S IN OKADA? WHAT IS THE MODEL ?
Alborosie

Answer:

It's supply chain is complex.

5 0
3 years ago
Read 2 more answers
Im still having trouble picking some clubs. <br> what would you suggest
natali 33 [55]
Um we’ll depends on we’re you live. You can probably search up best clubs near me on google!
6 0
3 years ago
Read 2 more answers
If an organization implemented only one policy, which one would it want to implement?
kondor19780726 [428]

If an organization implemented only one policy, Ethical computer use policy would it want to implement.

What is organization?

An organization is a formal gathering of people, such as a business, charity, political party, or club. The majority of these specialty schools are run by nonprofit institutions. ... an International Labor Organization report.

Therefore,

If an organization implemented only one policy, Ethical computer use policy would it want to implement.

To learn more about organization from the given link:

brainly.com/question/1288780

#SPJ4

6 0
1 year ago
The market for pizza is perfectly competitive and has​ 1,000 firms. Each firm is identical. Describe each firm in​ long-run equi
Stolb23 [73]

Answer:

The correct answer is option D.

Explanation:

In a perfectly competitive market, firms can have positive economic profits only in the short run. In the long run, though, the firms can enter and exit the market, so if some firms among the 1,000 are having profits, it will attract potential firms to join the market.  

This causes the market supply to increase. This increase in supply reduces prices and profits.  

Similarly, if some of the firms among 1,000 are having losses in the short run, then in the long run, the firms incurring losses exit the market. This reduces market supply and thus increases price and profits.  

This process continues until all the firms are having zero economic profits.

8 0
4 years ago
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