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Katena32 [7]
3 years ago
7

British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to En

gland on the ship "Peerless, sailing from Bombay." The contract was silent about the shipping date. Buyer expected the cotton to be shipped on the Peerless that sailed from Bombay in October; seller expected to ship the cotton on the Peerless that sailed from Bombay in December. By the time the second ship arrived in England, buyer had found another supplier and refused to accept the cotton. Does manufacturer have any defenses to the breach of contract suit brought by Broker?
Business
1 answer:
sukhopar [10]3 years ago
8 0

Answer:

Yes, there was a bilateral mistake of material fact.

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An investment adviser representative may describe dollar cost averaging to a customer as:______
grigory [225]

To buy a certain security using dollar cost averaging, an investor must make regular payments (let's say monthly) of a set dollar amount (let's say $100 per month).

<h3> What is dollar cost averaging?</h3>

The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.

Say you put $100 away each month. Your $100 will buy fewer shares when the market is up, but more shares when the market is down. While compared to what you would have paid if you had purchased all of your shares at once when they were more costly than the average, this technique may eventually lower your average cost per share.

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5 0
1 year ago
Five types of legal requirements in a business
Aleks04 [339]

Answer:

  • Apply for a Federal Tax ID Number
  • Hiring and paying employees.
  • Filing employer tax returns.
  • Operating as a corporation.
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4 0
3 years ago
total quality management (tqm) is an integrated organizational effort to improve quality at every level. which one of the follow
fenix001 [56]

Total quality management (TQM), an integrated organizational endeavor to improve quality at every level, excludes customer segmentation.

<h3>What is meant by organization?</h3>

An organization is a collection of individuals who cooperate, such as a firm, neighborhood association, charity, or union. Any individual, group of people, business, or activity that is being developed or created can all be referred to as an "organization."

<h3>What makes organization crucial?</h3>

The opposite is also true: being organized may improve your health and make you happier and more at ease .Being unorganized might cause chaos in your life. It could lead to despondency and increased stress. Disorganization may be a fire risk, as well as a source of mold growth and dust accumulation.

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3 0
1 year ago
Haven Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $600,
Katena32 [7]

Answer:

Debit Bad debt expense   $19,000

Credit Allowance for doubtful debt   $19,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

Amount that may be uncollectible

= 4% *  $600,000

= $24,000

Given that the Allowance for Doubtful Accounts has a $5,000 credit balance before adjustment, the additional amount to be adjusted for

= $24,000 - $5,000

= $19,000

7 0
3 years ago
Universal Containers' contact center manager needs to measure the following metrics: - Agent productivity - Customer satisfactio
VLD [36.1K]

Answer: Average handle time

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Explanation:

Since the center manager needs to measure the productivity of the agent and the customer satisfaction, the report that should be recommended by a consultant would be the average handle time and the first contact resolution.

The average handle time shows the time taken for a transaction to be completed. This can be used to determine the productivity of agents. Also, first contact resolution can be used to determine customer satisfaction as it shows the number if queries that were successfully resolved.

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