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2 years ago

Which of the following provisions, if included in a mandatory arbitration agreement, would not likely render it unenforceable?

Business

1 answer:

Elina [12.6K]2 years ago

8 0

Answer:

C. a provision that requires the employee to prove his case.

Explanation:

Arbitration is a form of resolving dispute outside of the court system. Here, the parties involved agrees to have their dispute settled through a third party other than a judge. Mandatory arbitration is a provision that is included in a contract , which requires concerned parties to resolve their contract dispute before an arbitrator instead of the normal court system.

In a situation where one of the parties to a contractual agreement feels cheated or the other party has not performed his term of the agreement, such may seek redress through an arbitrator. For a mandatory arbitration to be enforceable, there must be a provision that the employee pay the cost of the arbitrator's service and also a provision that the employer has the right to choose any arbitrator.

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On December 1, 2018, your company borrowed $15,000, a portion of which is to be repaid each year on November 30. Specifically, y

tino4ka555 [31]

Answer:

Explanation:

The loan will be reported in the December 31, 2019 and 2018, balance sheets, is shown below:-

Balance sheet(Partial)

As of December 31

2016 2015

Current liabilities

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Long term liabilities

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Total liabilities $13,000 $15,000

On December 2018 we represent the current liability of $2,000 loan because of year 31 December 2019 within of one year and the left portion of the loan represent as long term liability because it is not within one year from the balance sheet.

On December 2019 Loan remains outstanding $13,000 ($2,000 repaid on November 2019) from this amount, on November 30, $3,000 is due. So, $3,000 should be represented as current liability and the left balance $10,000 represented as long term debt.

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2 years ago

It is sometimes advantageous to hire from within because it ________. is less costly, and helps maintain employee morale elimina

Mashcka [7]

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2 years ago

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2 years ago

Solomon works in the finance department of a hospital operated by the country’s national health service. The hospital wishes to

DochEvi [55]

Answer:

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Explanation:

hope this helps have a great day

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2 years ago

Read 2 more answers

Zagat Inc. enters into an agreement on March 1, 2014, to sell Werner Metal Company aluminum ingots in 2 months. As part of the a

salantis [7]

Answer:

A. Debit Cash with $200,000, and Credit Liability to Werner Metal Company with $200,000 .

B. Debit interest expense and Liability to Werner Metal Company with $4,000 and $200,000 respectively, Credit cash with $204,000.

Explanation:

A) Prepare the journall entry necessary on March 1, 2014.

Details Dr ($) Cr ($)

Cash 200,000

Liability to Werner Metal Company 200,000

Being cash received from the agreement to sell aluminum ingots in 2 months.

B) Prepare the journal entry for the repurchase of the ingots on May 1, 2014.

Details Dr ($) Cr ($)

Interest expense ($200,000 × 2%) 4,000

Liability to Werner Metal Company 200,000

Cash 204,000

Being settlement of liability with interest for the repurchase of the ingots.

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2 years ago