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Mashcka [7]
2 years ago
7

The manager of your company's pension fund is compensated based entirely on fund performance; he earned over $1.2 million last y

ear. As a result, the fund is contemplating a proposal to cap the compensation of fund managers at $100,000. Provide an argument against the proposal.
Business
1 answer:
Anon25 [30]2 years ago
8 0

Answer:

The compensation to the fund manager is based on the performance of the pension fund. If the fund performs well and earns significant profit, then the compensation to the mangers should increase.  

If it incurs losses, then the argument for capping the compensation of funds managers will gain ground. Note that the manager is being paid according to the pay-for-performance scheme. Thus it is unjustified that his compensation is reduced when there is no significant evidence that his performance was responsible for the poor performance of the fund. The manager has earned over $1.2 million last year. Hence fixing the compensation of managers to $100,000 should be considered only when the fund has under performed drastically. Without such evidence, such capping will only demoralize them and the profitability of the company will fall.

Explanation:

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In which of the following scenarios would enforcement of specific performance be appropriate? Multiple Choice Your bookstore agr
Gnom [1K]

Answer:

Correct Answer:

2. You order 3 gallons of white ceiling paint from a local store, and the store breaches by not delivering or making available to you the 3 gallons.

3. You own the pistol used by Hamilton and contract to buy the pistol used by Burr in the Hamilton-Burr duel to complete your set, but despite the contract the Burr pistol owner refuses to sell at the last minute.

1.  Your bookstore agrees to order a textbook for you but breaches its contract with you by canceling the order the next day.

Explanation:

In enforcement of specific performance is applied in situations where there there is an established contract that has was not honored. This bridge of contract would then trigger performance enforcement.

3 0
2 years ago
Legal action against a company may likely NOT be incurred when ________. a. employees incur injuries during training conducted b
Black_prince [1.1K]

Answer:

c) the company uses small amounts of copyrighted material

Explanation:

According to the fair use doctrine, the government of the US permits uses of the copyrighted material if the amount of copyrighted material is in very small amount and also does not constitutes to unfair advantage over the company which has copyrighted the material formula. Whereas on the other hand, the employer will face legal action if the employee faces any injury at work and this is well addressed in employees right act.

Furthermore, age descrimination is a illegal act so the company will again face legal actions in this case too.

7 0
2 years ago
The can of spray paint in item 7 is set aside for an hour. during this time, the contents of the can return to room temperature.
Ksju [112]
Isovolumetric is the type of thermodynamic process that takes place. This process is also called the constant volume process or the isochoric process of thermodynamic, during which the volume of the closed system undergoing such a process remains constant. Thermodynamis process is when heat moves, either within systems or between systems. There are four types of thermodynamic process isovolumetric, isobaric, isothermal and adiabatic. 
4 0
2 years ago
CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 15,000 units of Kat
Brut [27]

Answer:

The total March sales that Kittyz anticipated is $100,000.

Explanation:

The details of beginning and ending inventory are irrelevant for sales; they are relevant only for production quantity.

total March sales for Kittyz anticipated = 20000*$5

                                                                 = $100,000

Therefore, The total March sales that Kittyz anticipated is $100,000.

8 0
2 years ago
Inkglot Technologies, a medium-sized corporation, is allowed to have only 35 stockholders at any point of time. However, all sto
rewona [7]

Answer: (D) Statutory close corporation

Explanation:

The statutory close operation is one of the type of corporation in which the the organization are basically based on the various statutory formalities.

This corporation mainly allow the Article of an organization that operate various types broad of director in the corporation.

The main advantage of the statutory close corporation is that it include the liability limitations where the shareholder in an organization does not face any problem regarding the debts.

Therefore, Option (D) is correct.  

4 0
2 years ago
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