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fredd [130]
2 years ago
15

Velvety Pancake House, Inc., a U.S. firm, and Wallaby Waffles, Ltd., an Australian firm, enter into a contract that has a forum-

selection of the United States. Litigation between Velvety and Wallaby over a dispute involving this contract may occur in:_____________
Business
1 answer:
Sonja [21]2 years ago
7 0

Litigation between Velvety and Wallaby over a dispute involving this contract may occur in Australia, the United States, or both.

<u>Explanation:</u>

A dispute is something that arises between two parties of different interests. These disputes are handled by law using "choice of law" or "forum or venue selection". In "Choice of Law" the disputes will be handled by the provision  law of a particular jurisdiction without the consideration of where the dispute was adjudicated.

In "forum or venue selection"  a specific court or state will be set and the adjudication will be proceeded there. In the example given, the legal actions of the companies, the Velvety and Wallaby has a contract of forum-selection. Hence it can occur in Australia, the United States, or both..

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Which best describes the barrier to trade known as dumping? Destroying shipments of imports to force consumers into purchasing d
Lana71 [14]

Answer: Selling exports abroad at a lower price than the domestic price.

Explanation:

Dumping is a practice in international trade where the country exporting, does so at a price that is lower than the domestic price of the good being exported in the importing country.

This allows the country exporting to gain more market share but can also lead to the collapse of the domestic industry thereby allowing for an export based monopoly to form.

An example would be Japan selling electronics in the U.S. at lower rates to capture market share even though those same electronics commanded a higher price in Japan.

7 0
1 year ago
Pleasantville maintains an appropriations ledger for police department supplies. The amount appropriated for supplies was $100,0
satela [25.4K]

Answer:

Appropriation available for spending = 37000

Explanation:

In the appropriations ledger, the amount available for spending at any moment is the total appropriation minus expenditures plus outstanding encumbrances.

100000 - 35000 - 28000 =  37000

3 0
2 years ago
Project A has a predicted payback period of 2.5 and Project B has a predicted payback period of 5. Based on this information we
anastassius [24]

Answer:

A. more information should be gathered before deciding on which project, if either, is desirable.

Explanation:

The lower Payback Period is not sufficient information to decide which project is more profitable. The payback period indicates when in the life of a project the initial investment principal cash flow is achieved.

But to decide about a certain project it is better to know the interest yield, it is also important to get the life of the project and other information.

For example:

a.- 250 investment 100 per year  payback in 2.5-year life 3 years

b.- 500 investment 100 per year payback in 5-year life 20 years

While A payback occurs before project B is better

6 0
2 years ago
swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is pro
RUDIKE [14]

Answer:

Given: Total shift time = 8 hours = 8 * 60 = 480 minutes

time required for production of one saw = 6 minutes

Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw

a) Mixed model schedule:

Mixed model schedule

Product no. per batch

Bow Saw 1

Frame Saw 1

Dovetail Saw 1

Tenon Saw 2

Total 5

Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.

b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.

The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.

c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift

Explanation:

7 0
1 year ago
Read 2 more answers
Amber is writing to an accountant that she would like to interview to gain information about the career field. What information
kkurt [141]

Since Amber would like to interview an accountant that she is not familiar with to gain more information about what it is like working as one, it is better for her to send a letter that includes (D) a list of questions that she intends to ask in her interview.

This way, the accountant can know whether she or he can answer the questions that Amber wants the answers too and prepare any necessary information beforehand.

6 0
1 year ago
Read 2 more answers
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