required informationskip to questionassignments and delegations introduction read the overview below and complete the activities that follow. contracts are typically private agreements in that they bind the two parties and no one else. thus, parties not in privity of contract usually do not have rights to a contract. however, there are exceptions to the general rule. this activity outlines the importance of paying special attention to ramifications that result from assigning or delegating a contract, including the effects these actions have on assignees. concept review: contracts create situations in which both parties have a duty to perform the agreed-on action and a right to be the recipient of the other party's duty. these rights and duties can be transferred to third parties. the transfer of rights is known as assignment; the transfer of duties is known as delegation. mini-case: read the case and then answer the questions to create a strategy for how someone might determine the results of the scenario. katerina owned property in miami right on the beach that she leased to scotty. scotty used the property for business purposes, which was allowed under the lease. three months into the lease, scotty transferred his lease to a sports agent company for $5,000, which became the new tenant under the lease. katerina became upset with scotty's transferring of the lease because she thought that since she leased the property to scotty, he should not be allowed to let anyone else lease the property. furthermore, she had a strong aversion to sports agents after watching the movie jerry maguire, and she did not want any money-grubbing sports agents working on her property. subsequently, katerina wonders whether there is any way she can limit the ability of scotty to transfer the lease. walk through the different types of transferring of rights and duties. what type of transfer of rights or duties is described in this case? what is the role of the relevant parties in the case? katerina clearly does not like the transfer of the lease. are there any factors that could limit the transfer of these rights or duties?the scenario above is an example of what legal concept?multiple choicevesting of rightsdelegationassignment

Answers

Answer 1

This scenario is an example of an assignment in contracts. Assignment is a legal concept that involves the transfer of rights from one party to another. In this case, the transfer of rights occurred when Scotty transferred his lease to a sports agent company for $5,000, making them the new tenant under the lease.

Katerina, the lessor, was not pleased with the transfer of the lease and has the right to challenge it. However, Katerina's challenge must be based on legal grounds and not simply on the fact that she has an aversion to sports agents. Depending on the specific language of the lease agreement, Katerina may be able to challenge the assignment based on clauses which limit assignment of the lease, as well as any other clauses which would not be valid had the lease been assigned.

There are also factors that could limit the transfer of rights or duties in this scenario. For instance, the assignment may not be enforceable if the lease itself does not permit assignment. Additionally, the parties of the contract must be in agreement and in good faith for the assignment to be valid. If either of these conditions are not met, the assignment may be void.

In conclusion, this case is an example of an assignment of rights in contracts. Katerina has the right to challenge the assignment, though her challenge must be based on legal grounds. Furthermore, there are certain factors that can limit the assignment, such as the presence of clauses limiting assignment and the requirement that both parties agree and act in good faith.

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Related Questions

How does the Better Business Bureau effect the economy?

Answers

Answer:

Varies

Explanation:

It helps people find businesses that are trustworthy.

Which aspect of the justice approach to ethical decision making is concerned with the impartial administration of decision-making processes?

Answers

The aspect of the justice approach to ethical decision-making that is concerned with the impartial administration of decision-making processes is procedural justice. Procedural justice focuses on the fairness and integrity of the decision-making procedures and processes themselves, rather than solely focusing on the outcomes or results of those decisions.

It emphasizes the importance of fair and unbiased procedures being followed in order to reach ethical decisions. Procedural justice, within the framework of the justice approach to ethical decision-making, centers on ensuring the impartiality and fairness of the decision-making processes. It emphasizes the significance of adhering to unbiased procedures rather than solely evaluating the outcomes, aiming for ethical decisions to be reached.

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Intangible assets derived mostly from human capital are on the rise, according to the advisory firm Ocean Tomo. A study of the Standard and Poors' 500 index from 1975 to 2015 demonstrated a 17 percent increase in market value of intangible assets over this time period. Companies such as Stryker get 70 percent of its value from intangibles. Intangible assets are

Answers

Complete/Correct Question:

Intangible assets derived mostly from human capital are on the rise, according to the advisory firm Ocean Tomo. A study of the Standard and Poors' 500 index from 1975 to 2015 demonstrated a 17 percent increase in market value of intangible assets over this time period. Companies such as Stryker get 70 percent of its value from intangibles. Intangible assets are

A. equipment.

B. land.

C. money.

D. Non-physical.

Answer:

D, Non physical

Explanation:

Intangible assets are assets that that cannot be seen with the eyes. That is, intangible assets are assets that are not physical in nature. This means that it can't be seen or touched, etc.

Intangible assets usually comprise of goodwill, brands, patents, etc.

In the case of the question, back in time, say the 20th century, managers or officers usually placed their concentration on tangible assets such as land, equipment, etc. But as time went on, intangible assets like they are mentioned above, intangible assets began to be considered.

Cheers.

Use of which of these principles generally applies when resources are scarce, there is a conflict in priorities, and no clear choice meets everyone’s needs—that is, a zero-sum decision is imminent?
Justice
Rights
Utilitarianism
Universalism
Virtue Ethics

Answers

When resources are scarce, there is a conflict in priorities, and no clear choice meets everyone's needs, the principle that generally applies is Utilitarianism. Option C

Utilitarianism is an ethical theory that focuses on maximizing overall happiness or well-being for the greatest number of people. In this situation, Utilitarianism suggests that the decision should be made based on the greatest overall benefit or utility.

Utilitarianism takes into account the consequences of actions and seeks to achieve the greatest amount of happiness or utility for the majority, even if it means sacrificing the needs or interests of a few. It operates on the principle of "the greatest good for the greatest number." In a zero-sum decision scenario, where compromises are inevitable, Utilitarianism provides a framework for evaluating and selecting the option that results in the maximum overall benefit.

While other ethical principles such as Justice, Rights, Universalism, and Virtue Ethics also have their merits, Utilitarianism specifically addresses the challenge of making decisions in situations where there is a scarcity of resources and conflicting priorities. Option C

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Which of the following can negatively impact a borrower getting a loan?

A. All of these
B. Late payments
C. Bankruptcy
D. Defaulting on a loan

Answers

Answer:

A. All of these

Explanation:

Late payments means you aren't putting in the effort to make sure its on time. Bankruptcy means you lost all you money and are likely irresponsible with it. Defaulting on a loan means you can't make your own money and rely on the government system too much.

Which of the following refers to the balance an account is always supposed to have?

Normal balance

Debits

Credits

Double-entry system

Answers

Answer:

Normal balance

Explanation:

Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification.  Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.

Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.

I need suggestions and opinions on this first draft, please.

I need suggestions and opinions on this first draft, please.

Answers

Answer:

It looks amazing! Great job!

what is work?

1. Work refers to any useful activity.
2. Is a business.
3. Consist of certain tasks.
4. Series of related jobs or occupations.

Answers

Work refers to any useful activity.

Answer:

4

Explanation:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment. Many people have multiple jobs. A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent

What is an example of pay for performance?

Answers

When teams, personnel, etc. achieve pre-established targets for the evaluation period, non-discretionary bonuses are awarded in accordance with corporate goals and paid for performance

Donate to Performance pay programmes are widely employed in sectors where an employee's activities have a direct financial impact on the company and when the results of such actions are clear. People who work in sales or management consulting, for instance, are usually compensated based on performance since their efforts help the company attract more customers, clients, or sales of its products. Employers can increase productivity and employee engagement by implementing a pay-for-performance compensation scheme. When they meet or exceed the performance standards set by their managers or the company, they are paid extra under this system.

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. discuss the role of distribution in the supply chain. provide examples of how distribution operations can positively and negatively impact supply chain.

Answers

The role of distribution in the supply chain is crucial for the firm's overall success.

To meet consumer demands at the lowest feasible cost, distribution today is concentrated on constant product flows. A quick and precise supply chain service is the aim of distribution. Distribution operations in supply chain management involve balancing supply and demand, guarding against uncertainty, providing quantity purchase discounts, supporting manufacturing requirements, and increasing transportation economies.

Further, the performance of the supply chain can be improved through efficient distribution activities. Companies may shorten lead times, handle inventories better, and satisfy customers by having a streamlined and efficient distribution system. For instance, a business that uses a just-in-time (JIT) delivery system for its goods can retain less inventory, pay less for warehousing, and react quickly to changes in client demand. A more effective and responsive supply chain may result from this.

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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?

Answers

The factors that you have to think about would before giving out the loan would be the following:

The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.

What is a loan?

This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.

To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.

Also you have to check the character of the person that you are to loan the money to.

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The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.

Answers

Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.

User-generated content

UGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.

Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.

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1. Do you believe E-sports will continue to grow in the future? Why or why not?

Answers

Answer: I don’t really know but I think it will still be popular and lots of people will still play no matter what

Answer:

In terms of video games, yes. Because, everyone can play videogames, but not everyone can compete in physical sports.

Explanation:

I don't need to give an explanation since it's my opinion. So don't report this answer please...

Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees __________. a. stay in their jobs longer b. are more productive c. have higher job satisfaction d. all of the above please select the best answer from the choices provided a b c d

Answers

Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees all of the above. The correct option is d. all of the above.

This means that compared to poorly balanced employees, well-balanced employees:

a. Stay in their jobs longer: When employees have a good work-life balance, they are less likely to experience burnout and dissatisfaction with their jobs. As a result, they tend to remain with the company for longer periods, reducing employee turnover and the associated costs of recruitment and training.

b. Are more productive: Well-balanced employees are better equipped to manage their time and energy effectively, leading to increased productivity. They can focus on their work without being overwhelmed by stress or personal issues, which allows them to accomplish tasks more efficiently.

c. Have higher job satisfaction: Employees who are able to maintain a healthy balance between work and personal life are generally happier and more satisfied with their jobs. This increased job satisfaction can lead to higher levels of employee engagement and commitment to the company's goals.

In conclusion, well-balanced employees provide numerous benefits for companies, including increased retention, productivity, and job satisfaction. By fostering a supportive environment that encourages work-life balance, companies can maximize the potential of their workforce and enhance overall organizational performance. The correct option is d. all of the above.

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How can you make the most of a tight budget?

a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these

Answers

Answer:

D

Explanation:

most prob everything is good

Answer would be D

Explanation:
Setting good priorities can help you only spend money when needed
Buying things on sale help you save money
and making a list helps you budget before hand how much you need
therefor all of these are good ways to make the most of a tight budget

Hope I helped !

In which of the four quadrants does Covey suggest that as a manager you strive to spend the most time

Answers

You should try to spend as much time as you can in quadrant 3 of the Covey Time Matrix video. It is critical and urgent to address Quadrant I. It deals with important outcomes that demand prompt response.

The activities in Quadrant I are commonly referred to as "crises" or "issues." Everybody engages in some Quadrant I Covey. More of their time is spent in Quadrant II, less time is spent in Quadrant I, and they are less concerned with Quadrants III and IV. The core of efficient personal management is located in Quadrant II (essential but not urgent things).

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Which company provides business credit rating services for businesses looking o finance loan through bank????? I put the picture with the answer choices.

Please help due in 30 minutes!!!!

Which company provides business credit rating services for businesses looking o finance loan through

Answers

Answer:

B . Moody's

Explanation:

There are three major companies that provide credit rating services in the US. They are

Standard and Poor (S&P) Moody’s Investor ServicesThe Fitch Group

Each agency uses unique letter-based scores to indicate if a debt has a low or high default risk and the financial stability of its issuer.

A market structure in which many firms sell products that are similar but not identical is known as.

Answers

Answer:

Monopolistic competition

Explanation:

give me brainliest please

The flowchart above illustrates which type of organizational message?
a.
upward
b.
lateral
c.
grapevine
d.
downward

Answers

Answer:

upward is the correct answer

Tiko was approved for a credit card with a limit of $10,000. What would experts recommend that Tiko keep his balance below?

$1000

$5000

$8000

$3000

Answers

Answer:

usually for good credit most people advise that you spend 33% or less of your total credit line. Some say you can go up to 50% but I would recommend to build the best credits you should probably give his balance of $3,000 or less

Answer:

D

Explanation:

3000 or less

Lamonte Company reports the following budgeted December 31 adjusted trial balance. Debit Credit Cash $ 54,000 Accounts receivable 124,000 Merchandise inventory 68,000 Equipment 129,000 Accumulated depreciation—Equipment $ 29,000 Accounts payable 38,000 Loan payable 26,000 Common stock 210,000 Retained earnings (beginning year balance) 64,000 Sales 524,000 Cost of goods sold 364,000 Loan interest expense 12,000 Depreciation expense 14,000 Salaries expense 126,000 Totals $ 891,000 $ 891,000 Prepare the budgeted income statement for the current year ended December 31. Ignore income taxes.

Answers

The budgeted income statement for Lamonte Company for the current year ended December 31 indicates a net income of $130,000.

Sales for the year totaled $524,000, and the cost of goods sold amounted to $364,000, resulting in a gross profit of $160,000. Operating expenses for the year were $152,000, consisting of $12,000 for loan interest expense, $14,000 for depreciation expense, and $126,000 for salaries expense. Deducting the operating expenses from the gross profit gives an operating income of $8,000. Considering there were no income taxes, the net income remains the same as the operating income at $8,000. This adds to the retained earnings from the beginning of the year, resulting in a final retained earnings balance of $72,000.

The budgeted income statement summarizes the financial performance of Lamonte Company for the current year. It begins with the company's total sales of $524,000. Deducting the cost of goods sold of $364,000, which represents the expenses directly associated with producing the goods sold, gives a gross profit of $160,000. Operating expenses, including loan interest expense, depreciation expense, and salaries expense, amount to $152,000.

Subtracting the operating expenses from the gross profit yields an operating income of $8,000. Since no income taxes are considered, the net income is also $8,000. This net income is added to the beginning retained earnings balance of $64,000, resulting in a final retained earnings balance of $72,000.

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Which of the following is not an obligation of borrowing money?

Answers

Where is the picture so I can help?

Any of the following could be considered business equipment except:

A. buildings
B. machines
C. tools
D. vehicles

Answers

Answer:

buildings

Explanation:

because they aren't equipment

When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to

the potential customer, this person is using which prospecting method?

a. referral

b. networking

c. cold canvass

d. agenda

Answers

When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to the potential customer, this person is using referral prospecting method.

When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to a potential customer, they are utilizing the prospecting method known as a referral. Referrals involve leveraging existing relationships or connections to gain introductions or recommendations to potential customers.

In this scenario, the salesperson is relying on the customer to provide a letter or note of introduction that can be used to establish credibility and initiate contact with the potential customer. By using the customer's referral, the salesperson can leverage the existing relationship and increase the chances of making a successful connection with the potential customer.

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Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.

People are d. i. c. k. s.

Answers

Answer:

wow

Explanation:

I'm gonna type a random answer

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement

Answers

Answer:

The answer is D. Income statement

Explanation:

Answer:

D. income statement

Explanation:

i took the test

Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?

The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.

Answers

Answer:

The chart is placed in a database with five groups.

Hope this helped.

In which situation would a savings account be the best investment to earn interest?
Osaving for retirement in 20 years
O saving to buy a new car in three years
O saving to buy a new house in seven years
O saving to easily access the money when needed

Answers

Answer:

Explanation:

A savings account would be the best investment to earn interest if you are saving to easily access the money when needed.Savings accounts are designed to offer a safe place to store your money and earn interest on your balance. They typically offer easy access to your funds, with no penalty for making withdrawals. However, savings accounts usually have lower interest rates compared to other investment options, such as stocks or bonds.For long-term savings goals such as retirement or buying a house, other investment options such as stocks or mutual funds may offer higher returns over the long run. However, these options come with higher risks and are typically not as easily accessible as a savings account.For short-term savings goals such as buying a car in three years, a savings account can also be a good choice since you'll want to have the money available when you need it, and you don't want to risk losing it in the stock market.Overall, a savings account is a good option for saving money that you may need to access in the near future, and it offers a lower risk and more stable return compared to other investment options.

A  savings account is the best investment to earn interest is saving to easily access the money when needed. Thus the correct option is D.

What is the interest rate?

Interest rate refers to the amount charged by the bank when lending any money to the borrower. The borrower has to repay the loan amount based on this interest rate along with the principal amount.

Savings money is typically deposited into interest-bearing accounts where the risk of losing your initial investment is low. You can store money in savings accounts while getting a meager interest return.

The optimal investment choice for you will depend on your personal financial objectives and risk tolerance. It could be a good idea to speak with a financial counselor if you are unclear about the investment option to select.  

Therefore, option D is appropriate.

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what type of tide occurs when the moon is in the positions marked by the straight arrows in this image? please give one word as your answer. Shaunica is looking at shirts people wear in a restaurant. She sees 25white shirts, 5 blue shirts, 8 red shirts, and 3 pink shirts. She walksno to one nerson at randomand wntes down their shirt color.State the total possible number of outcomes which of the following statements is true of the level of stress reported by college-educated individuals in comparison with those who have not completed tenth grade? a. college graduates report less stress, but report more daily symptoms than people who have not completed tenth grade. b. college graduates and people who have not completed tenth grade report roughly the same amount of stress, but people who have not completed tenth grade report more daily symptoms. c. college graduates report less stress than those who have not completed tenth grade. d. college graduates report more stress than those who have not completed tenth grade. Suppose your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year.a. By what percentage would your real income (approximately) increase?b. If your nominal income rose by 2.8 percent and your real income rose by 1.1 percent in some year, what must have been the (approximate) rate of inflation? In a perfect capital market, the cost of leasing and thenpurchasing the asset is equivalent to the cost of borrowing topurchase the asset. True or false? Greeneco is a company specialised in energy saving. The company wants to sell one of its plants. This plant generates annual net cash flows of 7.5 million euros. These flows grow at a rate of 2.7% per year. The duration is infinite. Assuming a cost of capital of 6.1%, what is the present value of this project? Which of the following is the correct order of the layers of the cutaneous membrane?A) epidermis, hypodermis, dermisB) dermis, epidermis, hypodermisC) epidermis, dermis, hypodermisD) hypodermis, dermis, epidermisE) dermis, hypodermis, dermis Kilbane Corporation had earnings per share of $5.00 in the lastquarter and wishes to maintain a 55% payout ratio. What per-sharedividend should they pay? The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project 1 Project 2 Project 3 Project 4 Investment required $(270,000) $(450,000) $(360,000) $(480,000) PV of cash flows at 10% 336,140 522,970 433,400 567,270 Net Present Value $ 66,140 $ 72,970 $ 73,400 $ 87,270 Life of project 6 years 3 years 12 years 6 years Internal rate of return 18% 19% 14% 16% The company's required rate of return is 10%; thus, a 10% discount rate has been used in the present value computations above. Limited funds are available for investment, so the company can't accept all of the available projects. Required: 1. Compute the project profitability index for each investment project. 2. Rank the four projects according to preference, in terms of: a. Net present value b. Project profitability index c. Internal rate of return 3. Which ranking do you prefer? Why? Answer Summary Given statistics on four projects, the solution illustrates how to compute each one's profitability index and how to rank them according to their net present values, project profitability indexes, and internal rates of return. Answer Preview ...sent value: 4,3,2,1 b. Project profitability index: 1,3,4,2 c. Internal rate of return: 2,1,4,3 3. Which ranking do you prefer? Why? Caleb uses the standard algorithm to find 438 6. Part of his work is shown. What is the next digit in the quotient? What are the three lyers of financial instruments? Explainbriefly