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Nookie1986
2 months ago
14

Penelope agrees to sell 100 pounds of sugar to Vito in June. In May, Penelope discovers there is a major sugar shortage and she

would have to pay her supplier 1000 times more than expected. She alerts Vito in May that she does not intend to sell him the sugar. This is an example of:
Business
1 answer:
marusya05 [3.7K]2 months ago
5 0

Answer:

Anticipatory repudiation.

Explanation:

Penelope's response to her situation exemplifies anticipatory repudiation.

This concept, also referred to as anticipatory breach, pertains to contract law where one party expresses their intention not to fulfill their contractual duties.

It generally signifies a significant breach of contract, releasing the promisee from their responsibilities.

This occurs when the promisor signals before their performance is due that they are either unwilling or unable to complete the contract.

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If individuals face discrimination and perceive themselves as unequal to other groups within their society, it is clear they will experience unhappiness, which can adversely affect their professional lives. Unhappiness can result in reduced effort and potential at work, ultimately leading to diminished profits for the company.
That's my perspective, anyway.:)
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Like A Wrecking Ball is a demolition company. At the end of a project, they presented their client with an invoice for $18,000 a
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Answer:

Explanation:

The journal entry is presented beneath:

Cash A/c $18,000

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2 months ago
Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge of 0.5%. Supposing you pay commission charges
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The profit amounts to $5.91. Based on the information presented: The number of shares sold is 300, the selling price is $30.19, and a commission fee of 0.5% equates to 0.005. The purchase price is $29.87. Let's calculate it: Total selling price = 300 × $30.19 = $9057. Therefore, proceeds from the sale are: Total selling price - Commission = $9057 - (0.005 × $9057) = $9,011.715. Furthermore, the purchasing cost for the shares is 300 × $29.87 = $8,961. The total expense incurred for purchase, including the commission, is $8,961 + (0.005 × $8,961) = $8,961 + $44.805 = $9,005.805. Consequently, profit is considered to be: Proceeds from sale - Total purchasing cost = $9,011.715 - $9,005.805 = $5.91.
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1 month ago
A construction management company is examining its cash flow requirements for the next 7 years. The company expects to replace s
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Total cost= $104,022.6

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