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Verdich
4 days ago
10

Martha contacts a bakery to get a cake for her son's birthday party.She tells the baker that she will pay him $150 for the cake

if he delivers the cake on Friday evening.If the baker does not deliver the cake on Friday evening,which of the following is accurate?
A) Martha can sue the baker but cannot recover damages.
B) Martha can sue the baker and recover $150 in damages.
C) Martha cannot sue the baker.
D) The baker must pay Martha $150 plus the cost of a replacement cake,as he entered into a verbal contract with her and did not perform his legal obligation.
Business
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Answer:

A) $1.82

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The dividends discount model calculates stock value based on dividends distributed and the required return rate:

current dividend $0.20 per share

dividends for year 1 = $0.23 per share

dividends for year 2 = $0.2645 per share

dividends for year 3 = $0.3042 per share

dividends for year 4 = $0.35 per share

After year 4, we compute the growing perpetuity as follows: dividend / (return rate - growth rate) = $0.35 / (17.4% - 2.5%) = $0.35 / 14.9% = $2.35

Next, we find the present value of the cash flows:

PV = $0.23/1.174 + $0.2645/1.174² + $0.3042/1.174³ + $0.35/1.174⁴ + $2.35/1.174⁵ = $0.1959 + $0.1919 + $0.188 + $0.1842 + $1.0537 = $1.82

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2 months ago
Len contracts to work for Media Corporation during May for $4,500. On April 30, Media cancels the contract. Len declines a simil
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Answer:

The right choice is:

$3,500 (b.)

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Compensatory damages refer to funds awarded to the plaintiff to compensate for losses resulting from negligence or unlawful actions by the defendant in a civil court situation. Before any financial compensation can be awarded, the plaintiff must establish the amount and show that these losses are directly linked to the defendant's actions. Given the loss stemming from the failure of the contract is $3,500, the plaintiff may pursue a claim for the same amount.

In contrast, punitive damages may serve as compensation exceeding the plaintiff’s incurred losses, primarily aimed at deterring similar conduct that leads to the plaintiff's losses.

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The strategy is to involve the government in the creation and refinement of the e-learning software content.

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