Suppose that Jeremiah was unfairly terminated before his employment contract expired, and he had to spend $500 to find another job. His job search expenditures would be considered _____ damages.

Answers

Answer 1

Answer:

Incidental damages

Explanation:

In a situation where an employer doesn't fulfill a contract agreement with an employee, just like in the question above, where Jeremiah was unfairly terminated before his employment contract expired, he has the right to collect "damages" which is legal compensation for financial losses caused by the termination of his employment contract before it expired. Incidental damage is the answer because Jeremiah incurred expenses where he had to spend $500 to find another job as a result of the employer's breach of the contract.


Related Questions

A(n) _____ typically hires the staff of an employer and writes paychecks, pays taxes, prepares and implements HR policies, keeps all the required HR records for the employer, and bears legal liability for a fee.

Answers

Answer: professional employer organization

Explanation:

A professional employer organization is referred to as an outsourcing firm that helps in the provision of services to businesses.

The services that they provide to the businesses include preparation and implementation of HR policies, Payroll, tax administration, regulatory compliance assistance etc.

Changes in the products for which a nation has a comparative advantage create sectoral shocks leading to an increase in frictional unemployment. a. True b. False

Answers

Answer: False

Explanation:

Frictional unemployment is a natural unemployment that results when people enter the labor force for the first time and when people move from one job to another. It is therefore not caused by sectoral shocks and every economy, even the best performing ones, will have frictional unemployment.

The unemployment that results from sectoral shocks is cyclical unemployment. This one is not natural and results from the business cycle and shocks to the economy.

Which one of these is covered by a specific type of insurance policy?
A.Off grid homes
B. Condominiums
C. Home with more than two stories
D. Homes in rural areas

Answers

Answer:

A.Off grid homes

Explanation:

Specific type of insurance policy covers the most common perils except those specifically excluded perils such as earthquake, flood, nuclear disaster, landslide.

OFF GRID HOMES refer to homes which are self-sufficient without reliance on  modern technology and public utilities. That means that this homes do not have access to electricity, gas, water, etc.

Therefore, these homes can be insured by a specific type of insurance policy.

The off-grid homes should be covered by a specific type of insurance policy.

The following information should be considered:

The specific insurance refers to the type of property insurance where only one person's property should be covered by the policy.It should be possible for the one property for the coverage that too is done from a specific insurance policy.

Therefore the other options are incorrect.

Learn more about the insurance here: brainly.com/question/13293881

Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of $10,500 at the beginning of each of the five years. The fair value of the contract is $48,000. Over the five-year contract period, Gross Inc. will pay interest of:

Answers

Answer:

$4,500

Explanation:

First, calculate the total Installment

Total Installment payment = Annual Installment x Numbers of annual

Where

Annual Installment = $10,500 per year

Numbers of annual = 5 years

Installment payment = $10,500 per year x 5 years

Installment payment = $52,500

Now use the following formula to calculate the Interest payent

Interest payment = Installment Payment - Fair value of contract

Where

Installment Payment = $52,500

Fair value of contract = $48,000

Placing values in the formula

Interest payment = $52,500 - $48,000

Interest payment = $4,500

Calculating the price elasticity of supplyJake is a retired teacher who lives in New York City and does some consulting work for extra cash. At a wage of $50 per hour, he is willing to work 7 hours per week. At $65 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Jakeâs labor supply between the wages of $50 and $65 per hour is approximately ___ , which means that Jakeâs supply of labor over this wage range is ___ .

Answers

Answer:

1.38; Elastic

Explanation:

Calculation to determine the Elasticity of labor supply (E)

Using this formula

Elasticity of labor supply (E) = (Change in hours worked / Average hours worked) / (Change in wage rate / Average wage rate)

Let plug in the formula

Elasticity of labor supply (E) = [(10 - 7) / (10 + 7)] / [$(65 - 50) / $(65 + 50)]

Elasticity of labor supply (E) = (3/ 17) / (15 / 117)

Elasticity of labor supply (E) =0.1765/0.1282

Elasticity of labor supply (E)=1.38

Therefore elasticity of Jakeâs labor supply between the wages of $50 and $65 per hour is approximately 1.38 which means that Jakeâs supply of labor over this wage range is ELASTIC

Cost outlays are recorded as an expense when they are incurred to earn revenue in the _______________ accounting period

Answers

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

An FI purchases at par value a $100,000 Treasury bond paying 10 percent interest with a 7.5 year duration. If interest rates rise by 4 percent, calculate the bond's new value. Recall that Treasury bonds pay interest semiannually. Use the modified duration valuation equation.

Answers

Answer:

The bond's new value is $70,000

Explanation:

First calculate the percentage change in the value of the bond

Duration = Percentage change in price / Percentage change in yield

Percentage change in price = Duration x Percentage change in yield

where

Duration = 7.5 years

Percentage change in yield = 4%

Percentage change in price = ?

Placing value sin the formula

Percentage change in price = 7.5 x 4%

Percentage change in price = 0.30

Percentage change in price = 30%

As we know that the value of the bond and the yield rate are inversely proportional to each other, If the yield rate increases the value of the bond decreases due to the discounting factor used in the valuation o the bond.

Hence, the value of the bond is calculated as follow

Value of the bond = Par value of the bond x ( 1 - per centage of change in the price of the bond

Value of the bond = $100,000 x ( 1 - 30% )

Value of the bond = $100,000 x 0.70

Value of the bond = $70,000

i.What is a back yard garden?


ii.State three benefits that can be derived from a backyard garden.​

Answers

you can save money
fresh produce
boost of vitamin D

Answer:

a back yard garden is a graden located in residential property

ii) lessen the amount of groceries bought thus less money spentfreshly grown vegetables and fruits are consumed moreyou get to decide what pesticides and fertilizers you want to use

A TV manufacturing company uses speakers at the rate of 8000/mo. When it places an order for speakers it incurs a fixed cost of $1200. The monthly interest rate for keeping a speaker in stock is assessed at 1%/mo. The cost of the speaker depends on the order size. If less than 1000 speakers are ordered the cost is $11 each. When the order size is between 1000 and 10,000 the cost is $10.50/unit. For order sizes between 10,000 and 30,000 the cost is $10 per unit. For order quantities between 30,000 and 80,000 the cost drops to $9.50. Beyond 80,000 the cost is $9.25. Determine the optimum order size and time between orders if shortages are not allowed.
Please use excel to solve this problem. Show all cell formulas and parameters used.

Answers

Solution :

1. Ordering quantity         500      1000      10000     30000        80000

2. No. of orders                 16          8             0.8         0.27            0.1

3. Average inventory        250      500       5000      15000        40000

4. Value of average         2750    5250      50000  142500      370000

   inventory

5. Monthly total cost

a). Cost of material        88000   84000    80000   760000     740000

b). Ordering cost           19200      9600       960          320           120

c). Carrying cost                27.5       52.5       500        1425         3700

Total monthly cost        107227.5 93652.5  81460   77745       77820

Among the total monthly cost, $ 77,745 is the least cost.

Therefore, the optimum order size of quantity = 30,000

The number of orders per month = 8000/30000 = 0.267

Time between two consecutive orders = 30000/8000 = 3.75 months

     

Explain how an enterprise can use functional level strategy to improve 1) efficiency, 2) quality, and 3) customer responsiveness.

Answers

Answer:

Explanation:

Functional level strategies can improve a company’s ability to attain superior efficiency, quality, innovation, and customer responsiveness by reducing costs and improving production by ways such as economies of scale, learning effects, marketing strategies or efficient information technologies.

John is a self-employed computer consultant who lives and works in Dallas. John paid for the following activities in conjunction with his business. Which is not deductible in any amount?
1. Dinner with a potential client where the client's business was discussed.
2. A trip to Houston to negotiate a contract.
3. A seminar in Houston on new developments in the software industry.
4. A trip to New York to visit a school chum who is also interested in computers.
A. 4 only
B. 3 only
C. 2 only
D.None of these
E. 1 only

Answers

definitely none of these

How does the current organizational and operational structure, including the system of corporate governance, benefit the firm

Answers

Answer:

The organizational and operational structure of a company must be aligned with the core values and objectives of the business, as it impacts and determines the relationships and culture in the organizational environment.

Therefore, when there is an organizational structure where the hierarchical positions and the decision-making system match the way the company operates in the market, it is correct to say that such organization has a culture that enables its development and the correct progress of the business. Combined with corporate governance, which is a system of inspection, control and incentive to interested parties, the company will benefit from being well structured, positioned and oriented to achieve quality and continuous process improvement.

Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent monthly contribution format income statement follows: Department Total Hardware Linens Sales $ 4,300,000 $ 3,130,000 $ 1,170,000 Variable expenses 1,403,000 994,000 409,000 Contribution margin 2,897,000 2,136,000 761,000 Fixed expenses 2,250,000 1,350,000 900,000 Net operating income (loss) $ 647,000 $ 786,000 $ (139,000 ) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department is dropped. In addition, the elimination of the Linens Department will result in a 20% decrease in the sales of the Hardware Department. Required: What is the financial advantage (disadvantage) of discontinuing the Linens Department?

Answers

Answer:

Bed & Bath

The financial disadvantage of discontinuing the Linens Department is:

= $1,004,000.

Explanation:

a) Data and Calculations:

Department                                  Total         Hardware        Linens

Sales                                     $ 4,300,000   $ 3,130,000   $ 1,170,000

Variable expenses                   1,403,000        994,000        409,000

Contribution margin                2,897,000     2,136,000         761,000

Fixed expenses                       2,250,000    1,350,000        900,000

Net operating income (loss)   $ 647,000    $ 786,000     $ (139,000 )

The financial disadvantage of discontinuing the Linens Department is:

Allocated fixed costs = $378,000

Hardware sales lost =    626,000 ($3,130,000 * 20%)

Total disadvantage = $1,004,000

Dake Corporation's relevant range of activity is 2,300 units to 5,500 units. When it produces and sells 3,900 units, its average costs per unit are as follows:
Average Cost per Unit
Direct materials $ 6.80
Direct labor $ 4.00
Variable manufacturing overhead $ 1.55
Fixed manufacturing overhead $ 2.50
Fixed selling expense $ 1.15
Fixed administrative expense $ 0.85
Sales commissions $ 0.95
Variable administrative expense $ 0.85
If 2,900 units are produced, the total amount of direct manufacturing cost incurred is closest to:
a. $39,875
b. $31,320
c. $35,815
d. $43,065

Answers

400 minutes jjminutes jjjjjjjjj
Hmmmmm, I don’t know this one…..

A short futures contract on a non-dividend paying stock was entered some time ago. It now has 6 months to maturity. The risk-free rate of interest is 10% per year. The stock is currently trading at $25/share and the delivery price is $24/share. How much is your position worth today (ignore marking to market costs)

Answers

Answer:

$26.225

Explanation:

Spot rate amount = $25

Period = 0

FV Period = 6 month. FVF at 5%, 6 month = 1.049

Position worth today = Spot rate amount * FVF

Position worth today = $25 * 1.049

Position worth today = $26.225

So, my position worth today is $26.225.

You have been asked to create a synthetic short position in a forward contract that permits you to sell 10 units of the underlying one year from now at a price of $50 per unit. (1) Describe the positions you need to take in call and put options to achieve the synthetic short forward position. (2) If the underlying is selling for $48 today (i.e. So = 48), what is the cost of your synthetic short position?

Answers

Solution :

[tex]\text{Short forward = buy a put + short a call on the same stock}[/tex] with the same exercise price.

X = exercise price = 50

1). Position to be taken :

-- buy 10 numbers of Put options with strike price of $ 50 per unit.

--- short (sell) 10 numbers of Call option with strike price of $ 50 per unit.

2). Cost of synthetic short position = [tex]$10 \times (P-C)$[/tex],

where, P = price of 1 put ption

           C = price of 1 call option

The Call - Put parity equation :

[tex]$\frac{C+X}{(1+r)^t}=S_0+P$[/tex]

Here, C = Call premium

          X = strike price of call and Put

          r = annual rate of interest

           t = time in years

          [tex]$S_0$[/tex] = initial price of underlying

          P = Put premium

Therefore,

[tex]$P-C=PV(X)-S_0=\frac{X}{(1+r)^t}-S_0$[/tex]

Here, t = 1, [tex]S_0[/tex] = 48, X = 50

So the cost of the position is given as : [tex]$\frac{50}{(1+r)} -48$[/tex]

First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest compounded annually. If you made a deposit of $17,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Wowing I just got home from church I toeow go get home now I got home I

A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per unit, Direct labor, $6 per unit, Variable overhead, $70,000, and Fixed overhead, $120,000. The total product cost per unit under absorption costing is

Answers

Answer:

Total unitary product cost= $35

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary overhead= (120,000 + 70,000) / 10,000) $19

Now, the total product cost:

Total unitary product cost= 10 + 6 + 19

Total unitary product cost= $35

For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job order operation.

1. Beach towels
2. Bolts and nuts
3. Lawn chairs
4. Headphones
5. Designed patio

Answers

Answer:

Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.

This is different from Job order operation which is used when a single good is product. It is usually used for customized goods.

Process operations:

Beach towels Bolts and nuts Lawn chairs Headphones

Job Order operation

Designed patio.

The government of Egalitariania wants to favor firms and is considering implementing a maximum wage. Assume the maximum wage is both binding and less than the equilibrium wage. What happens to the employment of workers

Answers

Answer: It will increase

Explanation:

A maximum wage means that companies do not have to pay more than a certain wage limit. If this wage limit is less than the equilibrium wage, companies would be able to spend less on wages than they are normally supposed to.

Their cost will therefore reduce and they will be able to hire more workers with the money they would have spent to pay the workers the equilibrium wage thereby increasing the number of people employed in the country.

A manufacturing shop is designed to operate most efficiently at an output of 950 units per day. In the past month the plant produced 750 units. What was their capacity utilization rate last month? (Round your answer to 1 decimal place.) Capacity utilization rate %

Answers

Answer:

78.95%

Explanation:

Capacity utilization rate = Capacity used / Best operating level

Capacity utilization rate = 750 units / 950 units

Capacity utilization rate = 0.789473684

Capacity utilization rate = 78.95%

So, their capacity utilization rate last month is 78.95%

Nabax has an investment that is worth $41,600 and has an expected return of 14.56 percent. The investment is expected to pay her $27,200 in 2 years from today and X in 5 years from today. What is X?

Answers

Answer:

The answer is "$41189.19"

Explanation:

Using formula:[tex]\text{Present value=Cash flows} \times \text{Present value of discounting factor(rate \ \%, time period)}[/tex]      

[tex]\to 41600=\frac{27200}{1.1456^2}+ \frac{X}{1.1456^5}\\\\\to 41600= (27200 \times 0.761963188)+(X \times 0.506798097)\\\\\to 41600=20725.3987+(X \times 0.506798097)\\\\\\to X=\frac{(41600-20725.3987)}{0.506798097}\\\\[/tex]

         [tex]=\$41189.19[/tex]

Research on a Philippine company that filed for bankruptcy, what type of bankruptcy they filed, and its effect on the company?

Answers

Answer:

There are various reasons when a company files bankruptcy. When a company debtors raise above its assets, the company may claim bankruptcy. The business of a company will then seize when it files bankruptcy.

Explanation:

When a company files bankruptcy, its operations are closed and then analysts visit to identify worth of company's existing assets and analyze whether these assets are enough to pay off liabilities. Debtors are paid first and then with any left over amount investors are paid back.

B. Lopez Company reports unadjusted first-year merchandise sales of 221,000 and cost of merchandise sales of $64,000. The company expects future returns and allowances equal to 5% of sales and 5% cost of sales. The year-end adjusting entry to record the cost side of sales returns and allowances is:

Answers

Answer: See explanation

Explanation:

The year-end adjusting entry to record the cost side of sales returns and allowances will be:

Dr Inventory Return estimated $3200

Cr Cost of goods sold $3200

(To record expected coat of returns)

Note that the above calculation was done as:

= $64,000 × 5%

= $64,000 × 0.05

= $3200

Thirty years ago, the original owner of Greenacre, a lot contiguous to Blueacre, in fee simple, executed and delivered to his neighbor an instrument in writing which was denominated "Deed of Conveyance." In pertinent part it read, "[The owner] does grant to [the neighbor] and her heirs and assigns a right-of-way for egress and ingress to Blueacre." If the quoted provision was sufficient to create an interest in land, the instrument met all other requirements for a valid grant. The neighbor held record title in fee simple to Blueacre, which adjoined Greenacre. Twelve years ago the owner's son succeeded to the original owner's title in fee simple in Greenacre and seven years ago the neighbor's daughter succeeded to the neighbor's title in fee simple to Blueacre by a deed which made no mention of a right-of-way or driveway. At the time the neighbor's daughter took title, there existed a driveway across Greenacre which showed evidence that it had been used regularly to travel between the main road and Blueacre. Blueacre did have frontage on a side road, but this means of access was seldom used because it was not as convenient to the dwelling situated on Blueacre as was the main road. The driveway originally was established by the neighbor. The neighbor's daughter has regularly used the driveway since acquiring title. The period of time required to acquire rights by prescription in the jurisdiction is ten years. Six months ago the son notified the neighbor's daughter that the son planned to develop a portion of Greenacre as a residential subdivision and that the daughter should cease any use of the driveway. After some negotiations, the son offered to permit the daughter to construct another driveway to connect with the streets of the proposed subdivision. The daughter declined this offer on the ground that travel from Blueacre to the main road would be more circuitous. The neighbor's daughter brought an appropriate action against the son to obtain a definitive adjudication of the respective rights of the daughter and the son. In such lawsuit the son relied upon the defense that the location of the easement created by the grant from the original owner to the neighbor was governed by reasonableness and that the son's proposed solution was reasonable.

The son's defense should:____________

Answers

Answer: Son's argument should fail

Explanation:

The son's defense will fail because the location of the easement is not governed by reasonableness as it had been established at its current location by the neighbor.

It can not now be changed arbitrarily by the son because the original owner had allowed it to be built. The easement's location is therefore established by actions between the original owner and the neighbor and so it is a binding location.  

For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic. Region Elastic Inelastic Between W and X Between Y and Z True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms may need to invest in additional capital in order to increase production further.

Answers

Answer:

a-1. Elasticity of supply between W and X is elastic.

a-1. elasticity of supply between Y and Z is inelastic.

b. The statement is true.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation of the answers is now provided as follows:

a. For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic.

The midpoint formula is as follows:

Elasticity of supply = ((Q2 - Q1)/ (Q2 + Q1) /2) / ((P2 - P1) / (P1 + P2) /2) ……… (1)

Using equation (1), we have:

a-1. Between W and X

Q2 = 25

Q1 = 10

P2 = 20

P1 = 15

Substituting the values into equation (1), we have:

Elasticity of supply between W and X = ((25 - 10)/ (25 + 10) /2) / ((20 - 15) / (15 + 20) /2) = 3

Since 3 which is the calculated elasticity of supply between W and X is greater than 1, this implies that elasticity of supply between W and X is elastic.

a-2. Between Y and Z

Q2 = 90

Q1 = 80

P2 = 180

P1 = 90

Substituting the values into equation (1), we have:

Elasticity of supply between Y and Z = ((90 - 80)/ (90 + 80) /2) / ((180 - 90) / (180 + 90) /2) = 0.18

Since 0.18 which is the calculated elasticity of supply between Y and Z is less than 1, this implies that elasticity of supply between Y and Z is inelastic.

b. True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms may need to invest in additional capital in order to increase production further.

This statement is true.

This is because, from part a above, it can be observed that elasticity of supply between W and X when quantity is low is elastic but the elasticity of supply between Y and Z when the quantity is high is inelastic. Therefore, it is true that for high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms may need to invest in additional capital in order to increase production further.

Mandatory outlays a. require changes in existing laws if those outlays are to be altered. b. cannot be altered once they are made into law. c. usually change during the budget process. d. are a minor component of total outlays, and so are usually ignored.

Answers

Answer:

a. require changes in existing laws if those outlays are to be altered.

Explanation:

The mandatory outlays are the outlays in which there should be the need to change in the law i.e. already existed but the same is applied when the outlays could be changed or varied or altered

That means without alteration it does not required the changes

Therefore the option a is correct

Lãi suất tiền gửi và cho vay của Việt nam hiện tại là bao nhiêu?

Answers

Answer:

?????

Explanation:

Your boss wants to set safety stock levels correctly to ensure an 87.9% service level. She needs your answer right away. What should the safety stock level be given that you know:
Average replenishment cycle is 10 days
Standard deviation of daily demand is 12 units
Average daily demand is 100 units
Standard deviation of the replenishment cycle is 3 days
a. 57 units
b. 188 units
c. 302 units
d. 354 units
e. 1,000 units

Answers

D 188 units is correct answer 87.9%

A dozen eggs cost $0.96 in December 2000 and $1.82 in December 2017. The average wage for workers in private industries was $14.28 per hour in December 2000 and $22.31 in December 2017. By what percentage did the price of a dozen eggs rise

Answers

Answer:

the percentage in which the price of the dozen eggs rise is 89.58% or 90%

Explanation:

The computation of the percentage in which the price of the dozen eggs rise is shown below;

Percentage Change in Dozens egg price is

= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100

= ($1.82 - $0.96) ÷ $0.96 × 100

= 89.58% or 90%

Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%

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