The answer is B. Blueprints for a house. Hope it help
Answer:
The correct answer is (C)
Explanation:
Generally the common stocks worth per share is normally a limited quantity, for example, $0.05 or $0.01 and it has no association with the market estimation of the price of stock. The standard worth is once in a while referred to as the regular stocks. The par value has no connection with the price of the stock.
Bills accounting profit is
equals to revenue ($250,000) minus explicit (monetary) cost (50,000 and
30,000), while his economic profit is equals to accounting profit minus
implicit (opportunity) cost (3,000 and 100,000). Accounting profit is $170,000
and Economic profit is $67,000.
<span>Economic profit is always lower
than accounting profit because explicit costs and implicit costs are both
deducted to revenue. Implicit costs are cost that he should have earned if he
gives up his present resources. These costs are projected cost and are not yet
incurred.</span>
Answer:
True - Contracts that cannot be completed in less than one Year must be written
Explanation:
The extract from the scenario that requires focus for the answer to the question is that ''<u>In 2006 Mann and Harris were asked by HIS to work on another conversion of an apartment building</u> known as Park West. For this project Mann and Harris were again <u>orally promised </u>a bonus (above their salary) using the formula similar to the Windsor Park conversion.<u> It was understood that this project would also require two or three years to complete.</u>''
Under statute of frauds, it is required that contracts that will last for more than 1 year should be written to be enforceable.
<u>At the point where Mann and Harris were asked to perform another construction of apartment that would take up to two or three years to complete, they ought to have requested that the contract be in writing.</u>
His had taken undue advantage of the knowledge of the Law and refused to them the bonus, yet in the eyes of the Law, according to statute of frauds, he cannot be wrong.
Answer: d. company directors; shareholders
Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.
