A woman owns an exceptionally seaworthy boat that she charters for sport fishing at a $500 daily rate. The fee includes the use of the boat with the woman as the captain, and one other crew member, as well as fishing tackle and bait. On May 1, a father agreed with the woman that the father would have the full-day use of the boat on May 15 for himself and his family for $500. The father paid an advance deposit of $200 and signed an agreement that the deposit could be retained by the woman as liquidated damages in the event the father canceled or failed to appear. On May 15 at 1 a.m., the Coast Guard had issued offshore "heavy weather" warnings and prohibited all small vessels the size of the woman's from leaving the harbor. This prohibition remained in effect throughout the day. The father did not appear at all on May 15, because he had heard the weather warnings on his radio.Which of the following is an accurate statement?
Answers
The given statement "the woman is entitled to retain the $200 advance deposit from the father as liquidated damages" is true since the Coast Guard had issued offshore "heavy weather" warnings which prohibited all small vessels the size of the woman from leaving the harbor on May 15.
The father agreed to charter the woman's boat for a full-day use on May 15 for $500, paid an advance deposit of $200, and signed an agreement that the deposit could be retained by the woman as liquidated damages in the event of cancellation or failure to appear.
On May 15, the Coast Guard issued offshore "heavy weather" warnings and prohibited all small vessels of the size of the woman from leaving the harbor, which remained in effect throughout the day. The father did not appear on May 15, presumably because he heard the weather warnings on his radio.
As a result, the woman is entitled to retain the $200 deposit as liquidated damages for the canceled charter.
The father is not entitled to a refund of the deposit because he failed to fulfill his obligation to appear and use the boat on the agreed-upon date.
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Related Questions
andrea s. richardson et al., can the introduction of a full-service supermarket in a food desert improve residents’ economic status and health
Answers
The study conducted by Andrea S. Richardson et al. explores the potential impact of introducing a full-service supermarket in a food desert on residents' economic status and health.
The findings suggest that such an intervention can have positive effects on both aspects. The presence of a full-service supermarket provides residents with greater access to a wider variety of nutritious food options, potentially improving their overall health. Additionally, the introduction of a supermarket can stimulate economic growth by creating job opportunities and attracting investments in the community.
The content you mentioned refers to a study conducted by Andrea S. Richardson and other researchers. The study explores the potential impact of introducing a full-service supermarket in a food desert on the economic status and health of residents.
A food desert typically refers to an area with limited access to affordable and nutritious food, often located in low-income neighborhoods. In such areas, residents may rely on convenience stores or fast food outlets that offer limited healthy food options.
The researchers aimed to investigate whether the introduction of a full-service supermarket, which typically provides a wide range of fresh produce, meats, dairy products, and other essential groceries, could lead to positive changes in two key aspects: residents' economic status and health.
Improving economic status implies assessing whether the presence of a full-service supermarket positively affects the financial situation of the residents in the food desert. This could include factors such as increased employment opportunities, potential for entrepreneurship, and overall economic development in the community.
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7. Ethics are.........
a. Inherited.
b. Lawless.
C. Deliberate.
d. Abstract.
Answers
Answer: Either a or c for me Not 100 percent sure on this one sorry
Explanation:
applying the lower of cost or net realizable value rule to individual inventory items, at what amount should the company report its inventory? $3,213
Answers
When applying the lower of cost or net realizable value rule to individual inventory items, the company should report its inventory at the lower of cost or net realizable value (NRV). This means that if the cost of an individual item of inventory is greater than its NRV, the company should report it at the lower NRV rather than cost.
Thus, if the cost of an individual inventory item is $3,213 and its NRV is less than $3,213, the company should report it at the lower NRV. However, if the NRV is greater than the cost of the individual inventory item, the company should report it at its cost.
Therefore, the company should report its inventory at $3,213 only if the NRV is less than or equal to $3,213. If the NRV is greater than $3,213, the company should report the inventory at its cost.
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Will mark BRAINLIEST!
Karen, the owner and chief executive of a large media company, has authorized the purchase of a new computerized accounting system. Which step will ensure security of her data?
A. providing employee training
B. upgrading her network firewall
C. purchasing the newest version
D. making herself the only authorized user
E. purchasing new keyboards
Answers
Answer:
my answer is that a letter E
According to the video, which qualities do Lawyers need? Select all that apply.
x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills
Answers
Answer:
C E F G
Explanation:
According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.
As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.
Therefore, The right option (C, E, F, G)) is correct.
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A call center employs 1,040 agents. Every month 40 employees
leave the company and 40 new employees are hired.
a. How long on average does an agent work for this
call center?
Suppose the cost of hir
Answers
On average, an agent works for approximately 26 months at this call center.
To calculate the average duration of employment for an agent at the call center, we need to divide the total number of employees by the number of employees who leave the company each month.
Initially, the call center has 1,040 agents. Every month, 40 employees leave the company, so the average duration of employment can be calculated as:
Average Duration = Total Number of Employees / Number of Employees Leaving Each Month
Average Duration = 1,040 / 40
Average Duration = 26 months
On average, an agent works for approximately 26 months at this call center.
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ariffs
________ are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products.
Answers
Tariffs are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products. They are used as a tool to protect domestic industries and prevent foreign companies from taking over a domestic market.
The tariff is a tax levied on imported goods, which can raise the price of the imported item. Tariffs can make it more difficult for foreign companies to sell their goods in a particular market by making them more expensive than domestic products.
Tariffs are used to protect domestic industries from foreign competition and to increase government revenues. They are often implemented in order to protect the interests of domestic industries, but can also be used for political purposes such as retaliating against other countries for their trade policies.
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Describe three features of Agriculture before the Agricultural Revolution.
Answers
The three features of Agriculture before the Agricultural Revolution are "Nomadic lifestyle, Small-scale farming, and Limited technology".
The agricultural revolution was the agriculture small-scale practices and subsistence-based activity that played a secondary role to hunting and gathering.
The three features of Agriculture before the Agricultural Revolution are Nomadic lifestyle, Small-scale farming, and Limited technology.
The Nomadic lifestyle referred to practice in agriculture in which humans were predominantly nomadic and relied on hunting and gathering for sustenance. They moved from place to place in search of food.
The Small-scale farming referred to clearing small plots of land and planting crops.
The Limited technology referred to used primitive tools, such as stone axes and digging sticks, to clear land and plant crops.
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what are the six parts of the business letter? use the exact terms used in the lesson.
Answers
The six parts of a business letter are heading, date, inside address, salutation, body, and closing.
Each part has a specific purpose. The heading includes the sender's address and the date on which the letter was written. The date indicates when the letter was written. The inside address includes the recipient's name and address. The salutation is the greeting used to address the recipient, such as "Dear Mr. Smith." The body is the main content of the letter, which may include several paragraphs. Finally, the closing includes a farewell, such as "Sincerely," and the sender's name and title.
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Banks and credit unions are the only types of financial institutions.
True
False
Answers
Answer: False.
Explanation: There are many more Financial institutions.
Answer:
verdadero seria la respuesta
fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
Answers
If you sell a share of stock for $45 today that you purchased for $26 three years ago, what was your annual return over the three years?
Answers
An annual rate of return is the profit or loss on a one-year investment. There are numerous methods for calculating the annual rate of return. If the rate of return is calculated monthly, multiply it by 12 to get the annual rate of return.
($45 - $24)/$24 × 1/3 = 24% is the annual return over the three years.
What is the annual income formula?Add up all of your monthly earnings.Because there are twelve months in a year, you multiply by 12. For example, if you make $2,000 per month from a part-time job and pay $10,000 in rent, add the two figures and multiply by 12.Calculating your annual income gives you a better understanding of your financial situation, and it is simple to do. Understanding and knowing how to calculate annual income can assist salaried individuals in developing a budget, applying for a loan, and preparing their tax return. An annual income calculation is required by a business owner in order to keep track of business expenses, make financial decisions, and pay taxes. This article defines annual income, examines the distinction between gross and net income, explains how to calculate annual income, and provides an example of annual income calculation.To learn more about annual income refer to:
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What increases your total loan balance Interest Accrual Interest capitalism Both interest accrual interest capitalism None of the above
Answers
Answer:
Both interest accrual and interest capitalism
Explanation:
The total loan balance increases due to "Both interest accrual and interest capitalism"
This is because INTEREST ACCRUAL on a loan is capitalized, which implies that it will be added to the principal balance, therefore increasing the total loan balance.
Similarly, the INTEREST CAPITALISM occurred when a loan repayment period is missed, therefore, the amount missed is capitalized which in turn increases the total loan balance.
Answer: both
Explanation:
Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is correct?
A. The dental revenues account is debited $6,820; accounts receivable is credited $6,820.
B. Accounts receivable is credited $6,820; the dental revenues account is credited $6,820.
C. Accounts receivable is debited $6,820; the dental revenues account is debited $6,820.
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Answers
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
If a stock you buy is $50 per share and pays $2 per year in total dividends;
what is the dividend yield of the stock?*
Answers
Answer:
4%
Explanation:
Dividend yield shows the dividends paid out annually as a percentage of the share market price.
The formula for calculating dividend yield is the annual dividend per share/market value per share.
Dividend yield = dividend/ market share price x 100
Dividend yield = 2/50 x 100
Dividend yield = 0.04 x 100
Dividend yield = 4%
How does a trade deficit occur?
Answers
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
arnold inc. is considering a proposal to manufacture high-end protein bars used as food supplements by body builders. the project requires use of an existing warehouse, which the firm acquired three years ago for $3 million and which it currently rents out for $123,000. rental rates are not expected to change going forward. in addition to using the warehouse, the project requires an upfront investment into machines and other equipment of $1.3 million. this investment can be fully depreciated straight-line over the next 10 years for tax purposes. however, arnold inc. expects to terminate the project at the end of eight years and to sell the machines and equipment for $496,000. finally, the project requires an initial investment into net working capital equal to 10% of predicted first-year sales. subsequently, net working capital is 10% of the predicted sales over the following year. sales of protein bars are expected to be $4.5 million in the first year and to stay constant for eight years. total manufacturing costs and operating expenses (excluding depreciation) are 80% of sales, and profits are taxed at 30%. a. what are the free cash flows of the project? b. if the cost of capital is 15%, what is the npv of the project?
Answers
(A) The free cash flow of the project is -
Year 0: -$1,950,000
Year 1: $320,000
Years 2-8: $320,000
Year 9: $166,000
(B) The NPV of the project is -$204,938.87
Year 0:
Initial investment in equipment and net working capital: -$1,950,000 ($1.3 million + $450,000)
Year 1:
Sales revenue: $4,500,000
Manufacturing costs and operating expenses: -$3,600,000 (80% of sales)
Depreciation: -$130,000 ($1.3 million / 10)
Change in net working capital: -$450,000 (10% of sales)
Cash flow: $320,000
Years 2-8:
Sales revenue: $4,500,000
Manufacturing costs and operating expenses: -$3,600,000 (80% of sales)
Depreciation: -$130,000 ($1.3 million / 10)
Change in net working capital: -$450,000 (10% of sales)
Cash flow: $320,000
Year 9:
Sales revenue: $4,500,000
Manufacturing costs and operating expenses: -$3,600,000 (80% of sales)
Depreciation: -$130,000 ($1.3 million / 10)
Change in net working capital: $0 (net working capital is not needed since the project ends)
Sale of equipment: $496,000
Cash flow: $166,000 ($320,000 - $130,000 + $496,000)
Therefore, the free cash flows of the project are:
Year 0: -$1,950,000
Year 1: $320,000
Years 2-8: $320,000
Year 9: $166,000
b. To calculate the net present value (NPV) of the project, we need to discount the free cash flows to present value using the cost of capital of 15%.
NPV = ( \(\frac{320,000 }{1.15}\)) + ( \(\frac{320,000 }{1.15^2}\)) + ... + ( \(\frac{320,000}{1.15^8}\)) + ( \(\frac{166,000}{1.15^9}\)) - 1,950,000
NPV = $204,938.87
Therefore, at a cost of capital of 15%, the NPV of the project is positive, indicating that it is a good investment for Arnold Inc.
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suppose you have developed a new product for you business.outlineany five steps in developing a rematch instrument
Answers
Answer:
But I am too young to start a new business
Who created the initial problem solving framework that would later become DMAIC?
a. Mikel Harry
b. Forrest Breyfogle, III
c. Robert Galvin
d. Michael George
Answers
The initial problem-solving framework that would later become DMAIC
The correct answer is: a. Mikel Harry
Mikel Harry, along with Bill Smith, created the initial problem-solving framework known as DMAIC (Define, Measure, Analyze, Improve, Control) while working at Motorola in the late 1980s. This framework became a key component of the Six Sigma methodology, which aims to improve business processes and reduce variation in order to achieve better quality and efficiency. While other individuals like Forrest Breyfogle, III, Robert Galvin, and Michael George have contributed to the development and popularization of Six Sigma, Mikel Harry is credited with creating the initial DMAIC framework.
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If you have $35 in your checking account and swipe your debit card for a $50 purchase WITH overdraft protection, what most likely happens? *
I will give u a Brainliest
Answers
According to the condition, it will happens you can make the purchase, but you will also be charged an overdraft fee.
What do you mean by overdraft protection?A checking account's overdrafts are covered via an agreement made with the bank or other financial institution known as overdraft protection. This service normally has a cost attached to it, usually up to a predetermined maximum.
Even if there isn't enough money in your bank account, overdraft protection ensures that transactions still go through. Checks, ATM withdrawals, and debit card transactions are typically covered by this insurance.
The recipient won't be aware of your low bank balance thanks to overdraft protection, which also ensures that urgent transactions go through.
Therefore, if you have $35 in your checking account and swipe your debit card for a $50 purchase with overdraft protection, it will happens you can make the purchase, but you will also be charged an overdraft fee.
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if i get 16 brainlest ill give u guys 136 points
Answers
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
harmful substances which contaminate water are collectively called
Answers
Answer:
Ground Water Contamination
Explanation:
I'll be honest I'm not 100% sure.
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
What is the journal entry for “bought good for cash from m/s rupa traders”
Answers
Answer:
see below
Explanation:
The action of buying goods from r/s rupa increase inventory/purchases ( asset account) and reduces cash( asset) in the business.
An increase in assets account is debited, while a decrease is credited. The journal entry will be
Purchases a/c Dr
Cash a/c Cr
2. What does AOC stand for?
d. Area of Concentration
c. Area of Careers
b. Awareness of Careers
na Awareness of College
Answers
Answer:
The answer is D. Area of Concentration
Explanation:
Area of concentration (AOC) must be listed along with a skill identifier (if applicable) and listed as the primary specialty.
iam a 4 tail fox im a chef and a medic what am i
Answers
Answer:
Explanation:Surgeon
Marketing segmentation is one of the easiest aspects of marketing.
true or false
Answers
Answer:
false
Explanation:
I THINK IT'S FALSE OK?! I'm a straight B student, if that's enough proof LOL
Someone has shared some information with you without proof, therefore you dismiss it as a __________. Later on that day, you hear others repeating the information, you now realize that everyone involved in sharing the unofficial information, has become a part of the _________________.
Answers
Answer: Rumors
Explanation: i had this topic last year
The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Explain the basic idea underlying the contingency view. How would you go about identifying the key contingencies facing an organization?
Answers
The contingency view suggests that there is no one-size-fits-all approach to managing organizations, and the most effective management practices depend on the unique circumstances or contingencies faced by each organization.
The basic idea underlying the contingency view is that organizations are influenced by various external and internal factors, and the effectiveness of management practices depends on aligning those practices with the specific contingencies present in the organization's environment. It recognizes that what works well for one organization may not work for another due to differences in size, industry, culture, technology, and other factors.
To identify the key contingencies facing an organization, a systematic analysis is necessary. Firstly, conducting a comprehensive environmental scan is essential to understand the external factors that impact the organization. This involves analyzing the industry, market conditions, regulatory landscape, technological advancements, and socio-cultural trends. Understanding these contingencies helps identify potential opportunities and threats.
Secondly, conducting an internal analysis is crucial to identify the organization's internal contingencies. This includes assessing factors such as the organization's structure, resources, capabilities, culture, and leadership. By understanding the internal contingencies, organizations can determine their strengths, weaknesses, and areas for improvement.
Lastly, comparing and aligning the identified contingencies with management practices can help determine the most suitable approaches for the organization. This may involve adapting or tailoring management practices to fit the unique contingencies identified. It is important to continuously monitor and reassess contingencies as they may change over time, requiring adjustments in management approaches.
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