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Alex777 [14]
1 year ago
12

Martha entered into a contract with Terry, an art dealer. According to the contract, Terry was to supply 18 th century artifacts

to Martha for the play she was directing, and Martha was ready to pay $50,000 for this. Another director needed the same artifacts and was ready to pay $60,000. Terry decided not to sell the artifacts to Martha. In this case, the court may order Terry to:
Business
1 answer:
Arisa [49]1 year ago
3 0

Answer:

Specifically perform the contract

Explanation:

When a contract is made and one of the parties does not perform his own part. During a dispute the court will first ask the erring party to perform their duties in the contract.

In this scenario Terry was to supply 18 th century artifacts to Martha for the play she was directing, and Martha was ready to pay $50,000 for this. Another director needed the same artifacts and was ready to pay $60,000. Terry decided not to sell the artifacts to Martha.

Terry has breached his contract with Martha, and will now be compelled to sell the painting to Martha at $50,000.

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Scott Peter’s bank granted him a single-payment loan of $3,250 to pay a repair bill. He agreed to repay the loan in 31 days at a
I am Lyosha [343]
After interest he will pay a total of 3631.88 back to the bank
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3 0
2 years ago
Which of the following environments will be LEAST conducive to fraud? a. Perceived inequalities in the organization and inadequa
egoroff_w [7]

Answer:

The answer is C. Proactive management

Explanation:

Proactive management looks ahead. They are not reactive. They envisage problems before it occurs. They institute or set up internal controls which will not be conducive to fraud. Internal controls like segregation of duty, dual control, authorization etc.

But in an organization where perceived inequalities are rife, employees will tend to play fast because they are not satisfied.

Also, when unreasonable budget are set by the management, employees tend to do all things possible to achieve this budget so as to keep their job. This breeds the thought of fraud.

High employee turnover too can lead to fraud because staffs know they wont stay too long.

4 0
1 year ago
Which of the following functions does an intelligent agent perform? Group of answer choices monitoring the Internet to screen ou
riadik2000 [5.3K]

Answer:

D. Classifying and indexing web pages for search engines.

Explanation:

An intelligent agent in artificial intelligence is an autonomous entity is set to perform specific foals using "observation" and "consequent actuators".

Intelligent agents can classify and index web pages for search engines, designed to learn and so improve its agency or labor.

4 0
2 years ago
Mart's Boutique has sales of $820,000 and costs of $540,000. Interest expense is $36,000 and depreciation is $59,000. The tax ra
Rufina [12.5K]

Answer:

$146,150.00

Explanation:

Net income is net of taxes.

Here,

Sales = $820,000.00

Less: Costs = -$540,000.00

Gross profit = $280,000.00

Less: Finance Costs

Interest = -$36,000.00

Depreciation = -$59,000.00

Net profit before Tax = $185,000.00

Less: Tax @ 21% of $185,000.00 = - $38,850.00

Net Income (after tax) = $146,150

Net income is always computed after tax.

$146,150.00

3 0
2 years ago
A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return
Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0
1 year ago
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