Whether or not the contractor is entitled to be paid for the work she has already done depends on the terms of the contract between the owner and the contractor.
If the contract states that the contractor will be paid upon completion of the project, then the contractor may not be entitled to payment for the work she has not completed. However, if the contract allows for payment for work completed up to a certain point or milestone, then the contractor may be entitled to payment for the substantial portion of the building that she completed. It is important for contracts to clearly outline payment terms and conditions to avoid disputes such as this.
The answer to this question largely depends on the terms of the contract between the building owner and the contractor. Here are some steps to determine the contractor's entitlement to payment:
1. Review the contract: Check the specific terms and conditions agreed upon by both parties in the contract. Look for clauses related to payment, termination, or breach of contract.
2. Determine if there is a breach of contract: If the contractor's actions violate the terms agreed upon in the contract (such as failing to complete the project), this may constitute a breach of contract.
3. Assess the impact of the breach: If there is a breach of contract, evaluate the consequences and whether the contractor is still entitled to payment for the work completed. This may depend on factors like whether the contract has provisions for partial payment or if the building owner has suffered damages as a result of the breach.
4. Consult legal advice: In case of uncertainty or disputes, consult a legal professional for advice on the specific situation and applicable laws.
In summary, the contractor's entitlement to payment for the work already done depends on the terms of the contract and whether her actions constitute a breach of that contract.
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What does it mean to be in business? And what are the benefits of having your own business?
(Take your time please and thank you)
progressive taxes operate on the assumption that those with _____ can afford to contribute a higher percentage of their income in taxes.
Progressive taxes operate on the assumption that those with higher income can afford to contribute a higher percentage of their income in taxes.
Taxation can be defined as the involuntary or compulsory fees that are usually levied on individuals or business entities by the government, so as to generate revenues used in funding public institutions and activities.
Generally, there are three (3) types of taxation used by the government and these are;
1. Regressive taxation
2. Proportional taxation.
3. Progressive taxation.
A progressive taxes involves charging or levying individuals that are having higher incomes a higher percentage of their total income in taxes.
For example, Citizen John pays 30% on $60,000 and Citizen Ann pays 14% on $26.000.Read more: https://brainly.com/question/16477816
The principle of progressive taxes is based on the assumption that those with higher incomes can afford to contribute a higher percentage of their incomes in taxes.
The principles for a progressive tax system are:
tax paid is based on the taxpayer's abilitya lower tax rate is imposed on low-income earnersit is not regressive and does not use a flat ratecreates tax brackets, grouping taxpayers by income ranges.Thus, the progressive tax system operates with the assumption that the higher the income, the higher the tax paid.
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What would CRM software help you
do?
CRM software can help you in the following ways.
They can help in streamlining deals and marketing efforts, manage client connections, and see to client satisfaction.Also, the capability to track client relations and data can help businesses optimize their operations and identify areas for improvement.What is CRM software?CRM software or Customer Relationship Management software is an important tool which was created to help businesses manage their relations with customers and potential customers.
It allows businesses to store client data like contact information, purchase history, and communication preferences, all in one centralized location.
This data gotten from the software can be analyzed and used to perceive how a customer behaves, his preferences, and needs.
Thus, a CRM tool can help businesses cultivate strong relations with their customers and drive long- term growth.
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ABC Corp has a risk-free rate of 5%. If XYZ Inc has an equity risk premium of 6% and a beta of 1.1, how is the required rate of return for investment in XYZ calculated using CAPM?
Select an answer: (5% + 6%) x 1.1 = 12.1% (5% + 1.1) X 6% = 36.6% 5% + (6% x 1.1) = 11.6% 5% x (6% + 1.1) = 35%
Theoretically, how should a business choose between borrowing and equity in its capital structure?
Select an answer:
They should choose equity, because companies with debt are less efficient and experience more employee slack.
They should disregard taxes and transaction costs in making the decision.
They should choose to borrow, because interest payments are tax-deductible.
They should choose equity, because dividends paid to shareholders are tax-deductible.
The required rate of return for investment in XYZ is calculated using the Capital Asset Pricing Model (CAPM), which is a widely used model for estimating the required rate of return on an asset or investment.
The CAPM formula is as follows:
Required rate of return = Risk-free rate + (Beta x Equity risk premium)
In this case, the risk-free rate is 5%, the equity risk premium is 6%, and the beta is 1.1. Plugging these values into the CAPM formula gives us:
Required rate of return = 5% + (1.1 x 6%)
Required rate of return = 5% + 6.6%
Required rate of return = 11.6%
Therefore, the correct answer is: 5% + (6% x 1.1) = 11.6%
As for the second question, theoretically, a business should choose between borrowing and equity in its capital structure by considering the cost of capital for each option and the impact on the company's overall financial position.
This includes considering factors such as taxes, transaction costs, and the potential for financial distress. For example, while interest payments on debt are tax-deductible, which can lower the cost of capital, too much debt can also increase the risk of financial distress and bankruptcy.
Similarly, while dividends paid to shareholders are not tax-deductible, equity financing does not require regular interest payments and can provide more flexibility for the company. Ultimately, the decision should be based on a careful analysis of the costs and benefits of each option and the company's overall financial position and goals.
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Indicate how each of the following transactions affects US exports, imports, and net exports.
Transaction
Effect On...
U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.
Choice for the table are: increase, decrease, or unchanged
Answer: See explanation
Explanation:
Exports are the goods and the services that a particular country produces and sells to other countries.
Imports are the goods produced in other countries and sold to ones country.
Net export is the difference between the export an import. An increase in export leads to a rise in the net export.
Based on the above explanation, the answer to the question will be:
1. A British scholar spends a year at Harvard University as a visiting scholar.
US exports - Increase
Imports - Unchanged
Net exports - Increase
2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
3. A Canadian buys a new Ford.
US exports - Increase
Imports - Unhanged
Net exports - Increase
4. The student bookstore at Yale University sells books published by Cambridge University Press.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
5. A European family goes to Disney World in Florida for vacation.
US exports - Increase
Imports - Unhanged
Net exports - Increase
factors driving supply
Answer:
Being More Responsive to Customer’s Unique Product Requirements with Short-Notice Production Flexibility is the New Normal.
Explanation:
To test the effectiveness of controls, an auditor ordinarily selects from a variety of techniques, including:
To test the effectiveness of controls, an auditor ordinarily selects from a variety of techniques, including Reperformance and Observation.
An auditor is the person who is responsible for checking all the control functions. For performing checks the auditor uses a variety of operations. Doing just inquiry and not taking other operations seriously is not enough to evaluate the overall performance of the controls. The auditor uses observation as well to check the effectiveness of the controls and also keeps checks and balances in the misstatements caused due to any human error. The auditor performs the collection of operations including inquiry, recalculation, reperformance, inspection to perform control functions.
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b) list 3 ways in which cost are analyzed according to function
Cost analysis according to function involves examining costs based on their specific functions within an organization. Here are three ways in which costs can be analyzed according to function:
1. Direct costs: Direct costs are expenses that can be directly traced to a specific function or activity. These costs are directly associated with producing a particular product or delivering a specific service. Analyzing costs by function allows businesses to identify and allocate direct costs accurately. For example, in a manufacturing company, direct costs for a specific product may include raw materials, labor costs directly involved in production, and equipment maintenance costs specific to that product line.
2. Indirect costs: Indirect costs are expenses that are not directly tied to a specific function or activity but still contribute to the overall operation of the organization. These costs are shared among multiple functions or activities within the business. Analyzing costs by function helps in assigning a portion of indirect costs to different functions based on their usage or allocation criteria. Examples of indirect costs include rent, utilities, administrative salaries, and general supplies.
3. Overhead costs: Overhead costs encompass all the expenses that are necessary for running the business but cannot be directly assigned to a specific function or activity. These costs are incurred to support the overall operations of the organization. Analyzing costs by function helps in understanding the portion of overhead costs allocated to different functions based on their utilization or predetermined allocation methods. Overhead costs may include facility maintenance, depreciation of shared assets, insurance, and other general administrative expenses.
By analyzing costs according to function, businesses can gain insights into the specific expenses associated with each function or activity. This information allows for better cost management, budgeting, and decision-making within the organization.
Kindly Heart and 5 Star this answer and especially don't forgot to BRAINLIEST, thanks!Which of the following transactions would decrease cash?
A.Capital investment by the owner
B.Payments to creditors
C.Cash sales
D.Payments received from debtors
Answer:
B. Payments to creditors
hyperinflation refers to the case in which inflation: is extremely high. is extremely unpredictable. is extremely low. remains relatively constant.
Answer:
(a) is extremely high
Explanation:
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When a buyer purchases a property that has an existing mortgage loan, the buyer does not add his or her signature to the note, meaning the buyer does not take on any personal liability. In this case, the buyer is said to:
When a buyer purchases a property that already has an existing mortgage loan, the buyer is essentially taking on the responsibility of paying off the remaining balance on the loan. However, the buyer does not need to add their signature to the note, which means that they do not take on any personal liability for the debt. This scenario is known as an assumption.
An assumption is a process where the buyer takes over the existing mortgage loan of the seller, without the need to obtain a new loan. This process can occur in various situations, such as when the seller wants to sell their property but still has an outstanding mortgage on it. In this case, the buyer can assume the mortgage and take over the payments, which helps to simplify the buying process.
Assuming a mortgage can be beneficial for both the buyer and the seller. For the buyer, they do not have to go through the lengthy process of obtaining a new mortgage, which can be time-consuming and stressful. Additionally, the terms of the existing mortgage loan may be more favorable than what the buyer could obtain on a new loan.
For the seller, an assumption can make their property more attractive to potential buyers, as it can make the buying process smoother and quicker. Additionally, if the seller has a low-interest rate on their mortgage, the buyer can assume that rate, which could make the property more desirable.
In conclusion, when a buyer purchases a property with an existing mortgage loan and does not add their signature to the note, they are said to have assumed the mortgage. This process can be beneficial for both the buyer and the seller, as it can simplify the buying process and provide favorable loan terms.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. Evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
A dependable employee is an incredible asset to a company, as they make great coworkers, can be trusted to do their jobs. Productivity and responsibility are important aspects for the promotion.
What is a dependable employee?A dependable employee is a fantastic addition to a company because they make excellent teammates, can be trusted to execute their tasks without micromanagement, and empower others to accomplish their jobs effectively. As a result, being recognized as a dependable employee can help you stand out as an attractive prospect.
Every organization wants a productive employee who is responsible for the success of the organization as well as for his personal gains.
Being reliable implies doing what you say you'll do, when you say you'll do it. A reliable individual fosters trust by keeping himself/herself accountable and, if they lead others, their team members accountable as well.
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how should contact center wohow should contact center workstations be positioned to maximize productivity?
Give your workers freedom. Working in a call center might seem monotonous at times.
What does the term "employee" mean?A person engaged by a company to do a certain task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return.
What is the primary objective of an employee?Worker meaning is the feeling of significance that employees derive from their work and the degree to which their ideals are shared by a company. It ultimately comes down to giving staff members the tools and support they need to infuse meaning into their workdays and professional environments. They help to increase the productivity of company.
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Econmics. 'Cause Lord knows that I don't be paying any kind of attention in that class
Answer:
lol
Explanation:
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
If you spend more in a month than is expected in your budget, what are your two options?
Answer:
It's hard to define how much should be left over each month after paying all your personal finances as they are different for everyone. But to generalize it, the 50/20/30 rule is applicable to most of us. According to this rule, up to 50% of your income goes to fixed spending, 20% would go to savings.
Explanation:
To stimulate the economy, the Federal Reserve decides that the amount of money in circulation
needs to increase.
Which of the following actions will they be MOST LIKELY to take?
Answer:
Lower the reserve requirement ratio
Explanation:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Answer:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Explanation:
matics A
Select the correct answer from each drop-down menu.
The function f(x) = 500(1+2015)4 models the balance in a savings account.
The savings account had an initial balance of
and compounds
Reset
Next
at an interest rate of
Answer:
50%
Explanation: i worked out the problem and got that answer
Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
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You are borrowing $17,800 to buy a car. The terms of the loan call for monthly payments for 5 years at 8. 6 percent interest. What is the amount of each payment?.
The amount of each payment of car borrowing = $366.05 monthly payment .
What's a monthly loan payment?Your monthly payment is what you pay to the lender each month to refund your loan. The quantum you compensate every month depends on the terms of your mortgage loan. This includes the star, which is the factual balance on the loan, and the interest on the loan.
Given :Purchase value of car = $17,800
Loan Period = 5 years
Annual Interest rate = 8.6%
Calculating Monthly Payment of the Loan:(Using Formula);
PV = C × {1-[1/(1+r)t]}/r
$17,800 = Monthly Payment × {1-[1 ÷(1+0.086/12)⁵ˣ¹²]} ÷ 0.086
$17,800 = Monthly Payment × {1-[1÷ (1.00716667)⁶⁰]} ÷ 0.00716667
$17,800 = Monthly Payment × {1-0.651507293} ÷ 0.00716667
$17,800 = Monthly Payment × [0.348492707 ÷ 0.00716667]
$17,800 = Monthly Payment × 48.6268667
Monthly Payment × $48.6268667 = $17,800
Monthly Payment = [$17,800 / $48.6268667]
Monthly Payment = $366.05
Interest payment :
Interest is payment from a borrower or deposit- taking fiscal institution to a lender or depositor of an quantum above prepayment of the top sum, at a particular rate. It's distinct from a figure which the borrower may pay the lender or some third party. Interest is defined as the quantum of plutocrat paid for the use of someone differently plutocrat. An illustration of interest is the$ 20 that was earned this time on your savings regard. An illustration of interest is the$ 2000 you paid in interest this time on your home loan.
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If a firm decides to increase the depth of its offerings to address consumer preferences, what will it do
Answer: consumers find it unfair for firms to increase prices after an increase in demand".
Explanation: Economists established 2 explanations of why companies do not increase their prices even if they can make higher profits.
First it was discovered that some products have the characteristic that the amount of product that a customer wants to buy can depend on the amount of the product that other people are consuming.
And then it was discovered that most people are satisfied that companies raise prices because of an increase in costs, but consider it unfair to raise prices as a result of increased demand.
Explanation:
Scott, Mark, and Joe want to buy into a restaurant franchise. Joe is an accountant. Mark has previous restaurant experience as a server and manager. Scott is an attorney. In order to open this franchise, they must commit to opening 3-5 stores and are required to have $10 million in liquid assets (Cash is a highly liquid asset followed by the banking accounts, checkable account, short-term promissory notes, treasury bills and other government bonds. ) They currently do not have the required liquid assets. Which business organization will be the best for this situation and how will they solve their money problems?
Given their diverse backgrounds and lack of sufficient liquid assets, a limited liability partnership (LLP) would be the most suitable business organization for Scott, Mark, and Joe.
This type of partnership allows for individual liability protection while still allowing for shared profits and management responsibilities. To address their money problem, the group can explore various options. One option would be to seek out investors who are willing to contribute the necessary funds in exchange for a percentage of ownership and profits.
Another option would be to secure a loan from a financial institution or private lender. In order to increase their chances of approval, they can develop a comprehensive business plan that outlines their strategies for success and projected financial performance.
Additionally, Scott, Mark, and Joe could also consider alternative means of financing such as crowdfunding or seeking out grants or subsidies from government agencies or non-profit organizations. It may also be beneficial for them to seek guidance and advice from a financial advisor or business consultant to help them make informed decisions and develop a strong financial plan for their franchise venture.
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An art restorer, after attending art school for a number of years, secured a job restoring the paintings for an art museum. After several years on the job, the artist discovered that he could imitate the artwork of nearly any artist. He decided that he could make some extra money copying the artwork of up-and-coming artists, while staying away from more well-known artists to reduce his chance of getting caught. An art collector searching for a painting by a new artist saw the restorer at an art fair selling various paintings, one of which appeared to be by the new artist. The restorer was selling the painting for $100. The collector thought that the price was very low and that the painting should probably sell for around $500, but she bought the painting anyway, giving the restorer $100 after the restorer confirmed that the painting was an original from the new artist. After taking it to an art appraiser for insurance purposes, she discovered that the painting was a forgery. However, she also discovered that the painting's frame was worth about $125. With which theft offense may the art restorer be charged
Answer: False pretenses.
Explanation:
The art restorer ma be charged with false pretenses. An individual will be charged with take pretense when the person makes an intentional statement so that he or she can defraud a victim.
In this case, through false pretense, the art restorer defrauded the art collector of $100 since the painting was forgery. The art restorer obtained title to another person's property in this case through false pretense is as to defraud the art collector.
In your own words define the term accounting and its usage.
Answer:
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.The decision to purchase additional production machinery is considered a: a. Infrastructural decision b. Structural decision c. Operational decision d. Critical decision e. Formational decision
One example of an infrastructure decision is the choice to buy more production equipment. Long-term investments in the company's capabilities, resources, and organisational structure are related to infrastructure decisions.
The company's production capacity, efficiency, and ability to compete in the market can all be significantly impacted by the purchase of new machinery. This choice necessitates a careful examination of the organization's long-term strategic objectives, financial situation, and market developments. The choice to buy more production equipment is regarded as an infrastructure choice since it entails improving and growing the company's physical and administrative infrastructure to support operations and growth.
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career question will mark first answer brainliest
Answer:
B.
Explanation:
I hope that helps!!!!!!!!
which situation is an example of skimming?
a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee
Answer:
B.) a retailer scanning your credit card to steal its number
Explanation:
what if all countries/ nations decide not to trade with each other. is it feasible or not? elaborate. support your answer with facts/reasoning.
Such a scenario would have significant negative consequences for global economies and societies, as trade plays a crucial role in promoting economic growth, enhancing living standards, and fostering international cooperation.
Trade is a fundamental driver of economic growth and development. Nations engage in trade to access goods, services, and resources that are not readily available domestically, leading to specialization and increased efficiency. By limiting trade, countries would lose access to a wide range of products and resources, leading to reduced consumer choices and higher prices.
Moreover, trade fosters interdependence and cooperation among nations. It encourages diplomatic relations, cultural exchange, and mutual understanding. By engaging in trade, countries develop economic ties that can help prevent conflicts and promote peace.
While countries may adopt trade policies to protect specific industries or address concerns, an outright cessation of trade is neither feasible nor desirable due to the significant negative impacts it would have on global prosperity and cooperation.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had