answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rzqust [24]
2 years ago
15

A brick mason was hired by a builder under a written one-year contract, at an annual salary of $45,000, with employment to begin

on March 1. Because the builder was unable to secure enough building contracts to keep all its employees busy during the season beginning March 1, it notified the brick mason on February 15 that it could not afford to employ him as a mason. At the same time, however, the builder offered to employ the mason, for the same contract period, as a night guard at an annual salary of $25,000. The mason declined the offer and remained unemployed during the year. No employment for brick masons was available in the community during the year, but the mason could have obtained other employment as a day laborer that would have paid up to $25,000 a year. At the end of the year, in an action against the builder for breach of contract, how much, if anything, is the mason entitled to recover?
Business
2 answers:
nirvana33 [79]2 years ago
8 0

Because he had a contract with the builder, the mason would be able to get the original contract price of $45,000.

NNADVOKAT [17]2 years ago
8 0

Answer:

$45,000

Explanation:

Mason is entitled to earn $45,000 at the end of the year in an action against the builder for breach of contract. This is because, Mason had a contract with the builder, meaning he had a better chance. Therefore, he was able to get the original price of $45,000, with employment beginning on March 1.

You might be interested in
Lisa is the CEO of a corporation. As such, she is authorized to make daily operating decisions for
IrinaK [193]

Answer:

Principal-agent relationship

Explanation:

The principal  Agent relationship is where a person or group of persons duly authorizes another to act on their behalf. Usually, the principal has more authority or is more senior and instructs the agent to represent them in certain aspects. The principle Agency relationship empowers the agent to act on behalf of the principal.

Lisa and the shareholders are a good example of a principal-agent relationship. Lisa, the CEO, should act in the best interests of the shareholder. Here, Linda is the agent who has been authorized to act on behalf of the shareholders, the principal.

5 0
2 years ago
Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D
Dmitry_Shevchenko [17]

Answer:

Manufacturing overhead rate variance= $3,741 unfavorable

Explanation:

Giving the following information:

The standard variable overhead rate is $6.10 per direct labor-hour.

During the most recent month, 1,300 units of product D80D were made and 8,700 direct labor-hours were worked. The actual variable overhead incurred was $56,770

To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

actual rate= 56,770/8,700= $6.53 per hour

Manufacturing overhead rate variance= (6.1 - 6.53)*8,700

Manufacturing overhead rate variance= $3,741 unfavorable

4 0
2 years ago
Blue Ice Inc. is an American corporation. The company started out as a 1. ____ between Nick Selver and Rita Andrew in 1985. In 2
Andrei [34K]
1) Partnership. Nick Selver and Rita Andrew began the company as a partnership. 
2) partners: This word best describes the interest-holding people in a partnership
3) Incorporate: This word best describes converting the partnership to a corporation in order to democratize ownership of the company and sell stock publicly
4) Stock Market: This is the market in which shares of a public company are traded on the open market. 
6 0
2 years ago
Carrie enjoyed observing wildlife in natural habitats. She wanted to be able to hide at a distance but observe wildlife close up
jek_recluse [69]

Answer: 1. The core benefit

2. Expected product

Explanation:

Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.

The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;

a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.

b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.

6 0
2 years ago
Journalize the following five transactions for Nexium & Associates, Inc. Omit explanations.
-BARSIC- [3]

Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

Cr Service Revenue 800

March 9

Dr Office Furniture1,060

Cr Office Supplies 160

Cr Accounts Payable1,220

March 15

Dr Accounts Payable1,220

Cr Cash1,220

March 23

Dr Electricity Expense430

Cr Accounts Payable430

March 31

Dr Salaries Expense850

Cr Cash850

Explanation:

The details given about Nexium & Associates are straight forward and required no further

adjustment.

8 0
2 years ago
Read 2 more answers
Other questions:
  • Mr. Blackwell runs a small mall in a remote corner of his city. Recently, he has learned that someone has been stealing various
    13·1 answer
  • Julia, an economics professor, is giving a presentation on her research. what presentation delivery method should julia use if s
    7·2 answers
  • A product has a demand of 4000 units per year. Ordering cost is​ $20, and holding cost is​ $4 per unit per year. The​ cost-minim
    11·1 answer
  • Lisa surveyed a sample group of people. Based on her survey, Lisa suggested to her company that they develop a customizable trav
    12·1 answer
  • Even though he is not a manager, Mr. Brate is the one to see in the company when there is something you need. He will get it qui
    13·1 answer
  • During a natural disaster, such as a hurricane, the demand for hotel/motel rooms in an area can suddenly surge, driving up the p
    10·2 answers
  • Mesa Telcom has three divisions, commercial, retail, and consumer, that share the common costs of the company's computer server
    6·1 answer
  • Schweser Satellites Inc. produces satellite earth stations that sell for $100,000 each. The firms fixed costs, F, are $2 million
    5·1 answer
  • 2. [5 pts] Consider the following events: Scientists reveal that eating oranges decreases the risk of diabetes, and at the same
    13·1 answer
  • The final step in the decision-making process is _____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!