An incidental beneficiary cannot sue to enforce a contract that provides incidental benefits is true regarding the rights of an incidental beneficiary to a contract to sue to recover incidental rights.
One who unintentionally reaps the benefits of a transaction between other parties is known as an incidental beneficiary. Incidental beneficiaries cannot bring a lawsuit to enforce a contract, unlike intended beneficiaries. Incidental beneficiaries are not permitted to enforce the contracts of others. According to the rule of privity of contract, a third party cannot bring a claim for damages based on a contract to which he is not a party. Particularly when the contract is for the advantage of the third party, this norm has come under heavy fire recently. Indeed, similar contracts are recognised and upheld by other States' civil law systems. The Indian Law rule that forbids a third party from enforcing contractual conditions established in their favour continues to exist despite pleas for statutory reform.
According to the common law idea of privity, a contract ordinarily cannot grant rights to or impose obligations flowing from it on anybody other than the parties to it.
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Do you believe the statement "perception is reality"? Why or why not?
The five stress in the workplace
The five stress in the workplace
WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balanceThe five stress in the workplaceStress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.
Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.
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Identify the South African barriers to entry market share
Barriers to entry in South Africa include:
High startup costsLimited access to financingWhat are some barriers to entry ?Some industries in South Africa entail expensive start-up costs like procurement of equipment, infrastructure development or acquiring licenses which can be limiting for new entrants.
Several startups may encounter challenges in obtaining financial aid due to limited capital availability or stringent borrowing rules as well as exorbitant interest charges. The regulatory framework within the country is multifaceted and applies robust controls across a multitude of sectors that may be restrictive for businesses trying to establish themselves.
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An economy that has government collecting taxes and making regulations is called a
Answer:
If I recall it may be called Revenue.
Explanation:
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Why does the market portfolio include all risky assets?
Where the goth girl at???
Answer:
im batman
Explanation:
Answer:
RAWR
Explanation:
Sales 101 teaches you to: Always just answer the question the customer has Never try to get more information about what the customer needs Always answer a question with another question Never look the customer in the eye
Answer:
I think it's A) Always just answer the question the customer has.
Explanation:
I know it's not D) "Never look the customer in the eye."
I don't think it's C) "Always answer a question with another question" that just seems like it would be confusing for the customer.
And I don't think it's B) "Never try to get more information about what the customer needs" because part of you're job as a salesman is find out what the customer needs.
So that leaves answer choice A
The direct material cost is £10 000 when 2000 units are produced. What is the direct material cost for 2500 units produced?
The direct material cost is £10 000 when 2000 units are produced. What is the direct material cost for 2500 units produced?
Answer:-£12500
Explanation:-Given,
The direct material cost when 2000 units are produced = £10,000
Now,
The direct material cost for 1 unit = 10000/2000 = £5
Material cost when 2500 units are produced = 2500×5 = £12500
Identify a company that could benefit from better use of social media.
3 of 45
In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of
a qualified veteran, the borrower must apply for a
Answer:
Certificate of Eligibility (COE)
Explanation:
In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of a qualified veteran, the borrower must apply for a Certificate of Eligibility (COE).
The Certificate of Eligibility (COE) is a letter issued by the Department of Veterans Affairs (VA), which attests the eligibility of the veteran for a VA-backed home loan. There are a few ways to obtain a COE:
Through mail, by filling out the VA Form 26-1880 (Request for Certificate of Eligibility).Through the VA's website.Through lenders.Veterans must also have at least one of the following Character of Service (COS) requirements upon discharge from the military: Honorable, General, Uncharacterized, and Under Honorable Conditions.
What is a class action suit?
OA. When a lawsuit is dismissed by a judge because the court does
not have proper jurisdiction
B. When a lawsuit involves not only one punishment, but an entire list
of consequences
C. When a group of consumers that suffer similar damages bring a
case against a business together
D. When an individual brings a lawsuit against all businesses in an
industry together
it’s c
A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).
Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.
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Jeff needs car insurance. He is debating between purchasing liability insurance or a comprehensive policy. What is one TRUE statement about these options that can help him make an informed decision?
a) Liability insurance offers coverage when there is a theft.
b) Liability insurance offers to replace the car if it is destroyed in an accident.
c) A comprehensive policy usually requires a lower premium than liability coverage. d) A comprehensive policy is generally required if a bank helps you purchase a vehicle.
A comprehensive policy is generally required if a bank helps you purchase a vehicle.
Before, buying a car insurance policy, Jeff must take into consideration that a comprehensive policy is generally required if a bank helps an individual to purchase a vehicle. Therefore, the option D holds true.
What is the significance of a car insurance policy?There are a number of car insurance policies, such as a comprehensive car insurance that ensures reimbursement of the damages caused due to an accident for which the policy has been made. A comprehensive insurance policy is also the most commonly taken car insurance policy.
A liability insurance policy, on the other hand, is a policy that ensures the reimbursement of the claim of damages caused to another person's property due to the car being involved in such accident.
Therefore, the option D holds true regarding the significance of a car insurance policy.
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Visit any nearby business of your locality and collect the information to prepare a project work report by taking the following information. 1)name and address of the firm. 2)find out whether the journal is maintained or not. 3) following the values of debit and credit. 4)the recording of business transactions in the journal
It is impossible to visit any nearby business of your locality and collect the information to prepare a project work report based on the factors given
What is a firmA common term for a company or business organization is "firm". A business is an organization involved in diverse economic endeavors, ranging from the production of goods, provision of services to trading of products.
A company usually has defined legal framework, ownership, and administration, with the main aim of earning profits or attaining specific goals. Companies can vary in their scale, spanning from petite regional enterprises to enormous global conglomerates.
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Select the correct answer. How would you write 6 × 6 × 6 × 6 as an exponential expression? A. 6 × 4 B. 6 > 4 C. 6^4 Reset Next
Answer:6^4
Explanation:there are four of the same number
1.2 The communication process is a highly complex one that is hard to analyze as it is an ever-changing process and unending. Identify and explain the different elements of communication in this scenario (15) Word count: 200-300 words
The communication process is a dynamic framework that outlines the numerous ways in which a message can be sent to and received from a sender and recipient.Verbal communication is the act of conveying information orally.
How would you characterise the intricate process of communication?Oral, written, and kinetic modes of communication are all complicated processes that are deeply ingrained in everything we do as individuals or as a member of a social system.
is a difficult procedure. Whom the communication process begins and concludes with is unclear?Given the complexity of communication, it can be challenging to pinpoint the beginning and finish of a communication interaction. Communication models streamline the procedure by giving a visual depiction of the
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Which of the following is a manufacturing cost?
A. Indirect materials
B. Advertising expense
C. Depreciation of the office equipment used by the sales staff
D. Salary of clerical workers
Answer:
A and C
Explanation:
A manufacturing cost is the depreciation of the office supplies utilized by the sales team and indirect materials. As a result, choices (A) and (C) are the correct stuff.
What is manufacturing cost?The cost of all the resources used to produce a product, collectively referred to as the manufacturing cost, is what is considered. Direct labor, direct material costs, and manufacturing overhead make up the three areas that make up the cost of production. The whole cost of delivery is affected by it.
The raw materials known as "direct materials" are those that are included into the finished good. Applying a chain of processes to maintain a deliverable product provides value to raw materials in manufacturing. For example, welding, cutting, and painting are just a few of the many processes that can be used on raw materials. The difference between direct and indirect materials must be understood.
Hence, option (C) is accurate.
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1 Acts (Laws passed by a government (e.g. the Parliament of South Africa) in accordance with the Constitution of
the country
Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.
The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.
Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.
Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.
Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.
Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.
Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.
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Volatile price changes, technological changes, and government intervention are what type of risks?
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
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An economy where the government determines the prices of all goods and services produced is called a ( 50 POINTS AND BRAINLIEST IT HAS TO BE FAST PLS )
a
capitalistic economy
b
command economy
c
free enterprise economy
d
global export economy
Answer:
B. command economy
Explanation:
What do insurance sales agents do?
Answer:
Explanation:
Insurance sales agents contact potential customers and sell one or more types of insurance. These agents explain various insurance policies and help clients choose the plans that suit them
A transportation app developer knows that the commute times for a specific route follow an approximately normal distribution with a mean of 30 minutes and a standard deviation of 6 minutes. Using the norm.dist() function in excel, the developer has calculated the following probabilities for specific commute times. Probability Calculations P (Commute < 16.04) = 0.01 P (Commute < 20) = 0.048 P (Commute < 20.13) = 0.05 P (Commute < 25) = 0.202 P (Commute < 35) = 0.798 P (Commute < 39.87) = 0.95 P (Commute < 40) = 0.952 P (Commute < 43.96) = 0.99 9. What is the probability that a commute is between 25 and 40 minutes? 10. Name the two values (don’t round), equidistant from the mean of 30 minutes, such that 90% of all commute times are between these values?
9. Probability (between 25 and 40 minutes) = 0.75.
10. Two values are 18.3 minutes (lower value), and 41.7 minutes (upper value)
For the probability that a commute is between 25 and 40 minutes, calculate the difference between the cumulative probabilities of the upper and lower bounds.
P(25 < Commute < 40) = P(Commute < 40) - P(Commute < 25)
Using the given probability values:
P(25 < Commute < 40) = 0.952 - 0.202
P(25 < Commute < 40) = 0.75
Therefore, the probability that a commute is between 25 and 40 minutes is 0.75.
10. To find the two values equidistant from the mean of 30 minutes such that 90% of all commute times are between these values, calculate the corresponding z-scores.
Since the data follows an approximately normal distribution, use the z-score formula:
z = (x - μ) / σ
Where:
z is the z-score
x is the value
μ is the mean
σ is the standard deviation
To find the z-scores corresponding to the cumulative probabilities, use the norm.inv() function in Excel.
The z-score for the lower value, which corresponds to the 5th percentile (0.05 cumulative probability), is given by:
z1 = norm.inv(0.05, 0, 1)
The z-score for the upper value, which corresponds to the 95th percentile (0.95 cumulative probability), is given by:
z2 = norm.inv(0.95, 0, 1)
Now, find the corresponding commute times by rearranging the z-score formula:
x = z * σ + μ
Using the given mean (μ = 30) and standard deviation (σ = 6):
For the lower value:
x1 = z1 * σ + μ
For the upper value:
x2 = z2 * σ + μ
Calculating the values:
For the lower value:
x1 = norm.inv(0.05, 30, 6) ≈ 18.3 minutes
For the upper value:
x2 = norm.inv(0.95, 30, 6) ≈ 41.7 minutes
Therefore, the two values (without rounding) equidistant from the mean such that 90% of all commute times are between them are 18.3 minutes & 41.7 minutes
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Blanchard and Hersey's Situational Leadership style used which two dimensions to determine employee readiness?
Question 9 options:
Age and Ability
Effort and Efficacy
Tenure and Tenaciousness
Competence and Commitment
Explanation:
According to Hersey and Blanchard, readiness refers to "the extent to which a follower has the ability and willingness to accomplish a specific task" (1988, p. 174). The two dimensions composing employee readiness are willingness and ability related to a specific task.
Darren Company produces three products with the following costs and selling prices: Product X Y Z Selling price per unit $40 $30 $35 Variable costs per unit 24 16 20 Contribution margin per unit $16 $14 $15 Direct labor hours per unit 4 2 3 Machine hours per unit 5 7 4 If Darren has a limit of 30,000 machine hours but no limit on units sold or direct labor hours, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is:
Answer:
Darren Company
The ranking of the products from the most profitable to the least profitable use of the constrained resource is:
Z, X, and Y.
Explanation:
a) Data and Calculations:
Product X Y Z
Selling price per unit $40 $30 $35
Variable costs per unit 24 16 20
Contribution margin per unit $16 $14 $15
Direct labor hours per unit 4 2 3
Machine hours per unit 5 7 4
Limiting factor = 30,000 machine hours
Contribution per limiting factor $3.20 $2.00 $3.75
Contribution per constrained resource:
X = $16/5 = $3.20
Y = $14/7 = $2.00
Z = $15/4 = $3.75
MC Qu. 77 During March, a firm expects its total... During March, a firm expects its total sales to be $151,000, its total variable costs to be $94,100, and its total fixed costs to be $24,100. The contribution margin for March is:
Answer:
$56,900
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin = total sales - variable costs
151,000 - 94100 = 56900
briefly explain how the decision support system resolved the problems experienced by the railways
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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A company had credit sales of $46,000 and cash sales of $18,000 during the month of May. Also during May, the company paid wages of $16,000 and utilities of $5800. It also received payments from customers on account totaling $15,800. At the beginning of May, the company had a cash balance of $25,000. What is the company's cash balance at the end of May
Answer:
the cash balance at the end of May is $37,000
Explanation:
The computation of the cash balance at the end of May is shown below:
= Opening cash balance + cash sales + received payment - paid wages - utilities
= $25,000 + $18,000 + $15,800 - $16,000 - $5,800
= $37,000
Hence, the cash balance at the end of May is $37,000
We simply applied the above formula to determine the cash balance at the end of May
What is the difference between final goods and intermediate goods?
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Mariah was appointed to a two-year term on Garden City’s planning board. She’s looking forward to meeting her fellow board members and working collaboratively on issues that affect their town. She’s been told that the first order of business is a revision of the document that outlines the community’s long-term needs and provides guidance on capital budgeting for those needs. What is this document called?
Mariah was appointed to the Garden City Planning Board for a two-year term. The first item of business, she's been instructed, is to revise the document that specifies the community's long-term needs and gives recommendations on capital spending for those needs. This paper is known as the Comprehensive Master Plan.
What is the purpose of a comprehensive plan?A comprehensive plan is a document created for a city, county, or specific region that sets an overarching plan and recommended activities for the area's current and future needs.
A comprehensive plan also known as a "master plan," "general plan," or "community plan" is a long-term planning document that communicates a community's overarching vision, goals, objectives, policies, and strategies for future expansion (or smart contraction), development, and preservation.
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Historical development of logistics
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The coupon rate on a debt issue is 9%. If the yield to maturity on the debt is 8%, what is the after-tax cost of debt in the weighted average cost of capital if the firms tax rate is 35%?
The after - tax cost of debt, based on the firm's tax rate and the yield to maturity is 5.2 %
How to find the after - tax cost of debt?The after - tax cost of debt refers to the interest rate paid on the debts that a company has, after the tax has been adjusted for. This is an important rate because debt is a tax deductible expense.
The after - tax cost of debt is found by the formula:
= Cost of debt x ( 1 - tax rate)
The cost of debt is the yield to maturity.
The after - tax cost of debt is:
= 8 % x ( 1 - 35%)
= 5.2%
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