When both the parties to a contract agree in order to substitute a new agreement for the present one, this is known as a novation.
Novation is referred to as replacing with a new contract and here the same obligations are thus performed by different parties. Under novation, the liabilities which are existing under the contract are extinguished.
So a novation is an agreement which is made between two of the contracting parties in order to allow for the substitution of a new party for an existing one.
Hence, novation is a substitution of old contract with a new contract by the mutual agreement between the parties.
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number of baked goods decorated in one hour cupcakes cookies wilson 30 10 kendall 25 5 according to their comparative advantage: a. wilson should decorate cupcakes and kendall should decorate cookies. b. kendall should decorate cupcakes and wilson should decorate cookies. c. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate the other half. d. wilson should decorate both because he is better at both.
Option C. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate.
We say a person in the military, like a general, is decorated when he or she is given medals for bravery or other accomplishments. Definitions of decorated. verb. make more attractive by adding ornament, color, etc.
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The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance. True or false?.
The answer is true. Corporate governance is the framework for managing and directing businesses. The management of their companies is under the control of their boards of directors. The shareholders' role in governance consists of selecting the directors and auditors as well as ensuring that a suitable governance structure is in place.
In order to ensure that the interests of all of a company's stakeholders are aligned, corporate governance establishes a set of rules and practices that must be followed. Financial viability is a result of ethical business practices, which are a result of good corporate governance. Calculating the company's carbon footprint and upholding human rights within the organization are a couple of examples of good corporate governance practices.
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Rowena invented a new, innovative type of natural hair gel, so she started a company to make and sell it. she risked her wealth, time, and effort to develop this product for profit. rowena is
Rowena is a stakeholder because she is an employee and part of the stakeholder community. As an employee, she is subject to the company's decisions.
She is not a shareholder because he has no shares.
Stakeholders, as defined in the terms first used in the internal memorandum of the Stanford Institute in 1963, are members of "groups without the support of which the organization would no longer exist.". This theory was later developed and defended by R. Edward Freeman in the 1980s.
A stakeholder can be any number of people affected by or involved in a project. For example, a stakeholder can even be an owner or shareholder. However, stakeholders are also employees, bondholders, customers, suppliers, and vendors. Shareholders can be interested parties
A stakeholder is a party that has an interest in the company and influences or is affected by the business. The main stakeholders of a typical company are investors, employees, customers, and suppliers.
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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in price determination. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
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In most experiments, tradeoffs are made between validities because it is not possible to achieve all four at once. What is the most common tradeoff?.
We choose between feasibility because in most experiments it is impossible to achieve all four at the same time. The most common trade-off is that as internal validity increases, external validity decreases.
A tradeoff is a situational decision to reduce or lose one quality, quantity, or function of a set or design in exchange for benefiting from the other. Simply put, a compromise is when one must increase and the other decrease.
A tradeoff is a kind of compromise in which you give up something in exchange for something else. When looking for an after-school job, you may have to compromise, such as a lower hourly wage, for a more convenient location. Trade-offs are common in competition and essential to strategy. They create a need for choice and protect against repositioners and straddlers. An example of an individual's opportunity cost is when a full-time worker decides to attend advanced medical school for a salary of $50,000. He earns $150,000 as a physician after 7 years of study with annual tuition of $30,000.
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An employee who has a special relationship with his boss is promoted instead of a more deserving co-worker. this is an example of the:_________
An employee who tend to have a special relationship with his boss is promoted instead of a more deserving co-worker. This is an example of the distinction between ideal culture and real culture.
In the workplace, favoritism is the situation where someone in a leadership position demonstrates favor toward one employee over others. So this is usually unrelated to their job performance and instead so it occurs due to a personal bond or a special relationship shared between the two.
Whereas, ideal culture and real culture in context to the workplace refers to the set of norms, values, concepts, ethics, etc which are considered the most desirable.
Hence, an ideal company culture is one which focuses on its employees and customers.
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Customer-profitability analysis uses activity-based costing to determine the activities, costs, and profit associated with serving particular customers. True or false?.
Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer. TRUE
Customer Profitability Analysis (CPA for short) is a management accounting and credit insurance technique that enables companies and lenders to determine the profitability of each customer or customer segment by attributing profits and costs to each customer individually. Customer Profitability Analysis use activity-based costing to determine the activities, costs, and benefits associated with serving a particular customer.
Remove a customer, product, or segment if revenue is less than the variable cost. Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer.
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If an operations manager wishes to help workers understand the movement of material, information, or people throughout a process, what tool should he or she use?.
If an operations manager wishes to help workers in a company understand the movement of material, information, or people throughout a process, he or she should use a schematic diagram of the movement of material, product or people.
For those who enjoy working in the background of a business, an operations manager path is a fantastic fit. Whether a company is large or small, this job is crucial to its success, and you would have the freedom to work in practically any sector. Managing the processes involved in creating a company's products and/or services is the general responsibility of an operations manager. For instance, an operations manager in the retail sector would be responsible for overseeing all planning and strategy-related tasks as well as everyday store floor operations. Operations in a company provide a lot of opportunity.
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Cage company had net income of $404 million and average total assets of $2,140 million. its return on assets (roa) is:_____.
Cage's company had net income of $404 million and average total assets of $2,140 million. Its return on assets (roa) is 18.88%(Approx).
What is return on assets?Assets are something that is owned by a company and the exchange of the amount that is invested in these kinds of things or properties that are intangible or tangible.
Whenever a company gets any kind of monetary refund or profit in exchange for the assets, it is termed a "return on assets. When one wants to calculate what amount of return they will get on assets, they can calculate it by using the following formula and putting the available data into it.
ROA is equal to=net income/total assets
=(404/2140)
which is equal to =18.88%(Approx).
Thus, return on assets (roa) is 18.88%(Approx).
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in 1985 inflation in israel reached a record 500%. how did this period of high inflation affect market adjustments towards equilibrium price and quantity?
Markets reached equilibrium more slowly and irregularly.
Why does inflation make markets more uncertain?Because it is more difficult to maintain awareness of how one product compares in price to another, inflation raises market uncertainty. In a perfect world, inflation shouldn't distort pricing signals in any way.
What effects do high inflation rates have on a nation?An economy faces greater issues if its inflation rate is higher than that of its trading partners. This is due to the fact that its domestic goods and services would be more expensive than imports and its exports would be relatively more expensive. AD and real growth would decline as a result of falling net exports.
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Jonas purchases only two goods, starfruit (s) and kiwi (k). he has an income of $60 and can buy starfruit at $2 per pound and kiwi at $3 per pound. his utility function is:_________-
The Utility Function Shows That S and K can be used interchangeably, according to the utility function, and only one of them is really consumed.
Utility in economics refers to the pleasure or happiness that customers derive from using an item or service. Consumer preferences for a variety of products and services are gauged by the utility function.CALCULATION
Although the benefit or happiness that customers experience is calculated in units called utils
MPs / MPk = 3/4 = 0.75 for MRS.Ps / Pk= 2 / 3 = 0.67MRS > Ps/Pk,Hence only S will be employed.
'Starfruit' = 60 / 2 = '30
Kiwi = 0
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A key benefit of collaboration is _______________, which focuses on deriving better and more unique ideas for products and services.
A key benefit of collaboration is innovation which focuses on deriving better and more unique ideas for products and services.
What is innovation?Innovation is termed as a service, product,strategy, business model that is both useful and novel. Innovations need not be be a major breakthrough in technology or it need not be a new business model; they can be any upgrades to the customer service of a company or features which are added to the existing product.
In business, Innovation is grouped into two categories:
Sustaining and Disruptive.
Sustaining innovation:
It enhances any organization's processes and their technologies to improve the product line for existing customer base.
Disruptive innovation:
It occurs when a smaller company challenge a larger business.
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It is likely that you won’t like the prospect of paying more money each month, but if you do take out a 15-year mortgage, you will make far fewer payments and will pay a lot less in interest. How much more total interest will you pay over the life of the loan if you take out a 30-year mortgage instead of a 15-year mortgage?.
Based on the amount borrowed and the term of the loan, the amount more that you will pay in total interest over the life of the loan with the 30-year mortgage is $1,079,892.
How much more interest is paid?The total payment to be made on the 30-year mortgage is:
= 7,200.29 x 30 years x 12 months per year
= $2,592,000
Total interest paid in 30-year mortgage:
= 2,592,000 - 700,000 amount borrowed
= $1,892,000
The total payment to be made on the 15-year mortgage is:
= 8,401.18 x 15 x 12
= $1,512,212.40
Total interest paid in 15-year mortgage:
= 1,512,212.40 - 700,000
= $812,212.40
The total interest that was paid more with the 30 year mortgage than the 15 year mortgage is:
= 1,892,000 - 812,212.40
= $1,079,892
Rest of the question is:
Your friends suggest that you take a 15-year mortgage, because a 30-year mortgage is too long and you will pay a lot of money on interest. If your bank approves a 15-year, $700,000 loan at a fixed nominal interest rate of 12% (APR).
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when coca-cola decides to develop a new product, it creates the product itself, determines the price the new product will sell for, decides how to distribute the product to consumers, and develops a promotion campaign to inform the market of the new product. coca-cola has created a(n)
coca-cola has created a marketing mix
A foundational business model known as the "marketing mix" historically focused on the four Ps of product, price, location, and promotion The term "collection of marketing instruments that the business utilizes to accomplish its marketing objectives in the target market" refers to the marketing mix. Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the basis for all marketing management choices. An expanded marketing mix is employed in the services industry. It often consists of 7 Ps (product, price, promotion, location, packaging, positioning, and people), which are the basic 4 Ps plus process, people, and tangible proof. On rare occasions, service marketers would mention the 8 Ps (product, price, place, promotion, people, positioning, packaging, and performance),
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work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (wbs) that will define .multiple select question.costs.required time.required resources.work method.
Work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (WBS) that will define b. required resources. c. costs. d. required time.
A work package is a group of related tasks within a project. Because they look like the project itself, they are often considered subprojects within a larger project. A work package is the smallest unit of work into which a project is divided when creating a work breakdown structure (WBS
Defining work package releases and iterations Scrum sprints are used in phases. The work package contents are decomposed or transformed into lower-level plans such as B. Release and iteration plans. This can be in the form of a backlog.
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Disclaimer:- your question is incomplete, please see below for the complete question.
a. work method.
b. required resources.
c. costs.
d. required time.
The highest yielding savings accounts are paying historically low interest rates, so Maria is only able to get a 1% annual interest rate for her savings account. Assuming interest rates do not change, use the Rule of 72 to approximate how many years it will take for her to DOUBLE her money in this account?
Using the rule of 72 it is going to take Maria a period of 72 years in order to be able to double the money that is in her account.
What is the rule of 72?This is the term that is used to refer to the rule that helps to tell us of the number of years that would be needed in order to be able to double the amount of invested money of a person.
The formula for the rule of 72 is given as
t = 72 / r
where
t = years
r = rate in percentage
Hence we can say that
72 / 1%
Hence the period that it would take to double the money would be 72 years.
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