Answer:
The contract is breached.
Explanation:
A contract is a binding agreement between two parties, where the parties involved are bound to observe the terms mutually decide, no matter what changes occur.
When Flora made a contract with the grocery to sell her products at a certain price, she was bound to do so, irrespective of changes in price level. Since, she does not observes the terms of the contract, the contract is breached.
Answer:
D) selling agent.
Explanation:
Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.
There are several types of sales agents and distributors, it all depends on certain details about how they work:
- a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
- a sales branch is a company owned by Celextron.
- a full service wholesaler obtains title of the goods.
Answer:
13.968%
Explanation:
Discount is defined as a deduction from the selling price of a product, and it is used as a way to attract more customers by using price advantage compared to competitors.
The following formula can be used to calculate discount
Discount rate = Rate of return + Competitor's beta (market risk premium)
Discount rate = 0.031 + 1.43(0.076)
Discount rate= 0.13968= 13.968%
Answer:
See the explanation box
Explanation:
See the image to get the answer:
