West Africa Investments, Inc, a U.S. firm, and Findora Commercial, a Nigerian firm, are parties to a contract that specifies that the official language of the contract is English. This is
A) a choice-of-forum clause
B) a choice-of-language clause.
C) a choice-of-law clause.
D) an arbitration clause.
B
You might also like to view...
Carbonless forms are distinctly advantageous for the following reasons: they make easy the detection of erasures on forms, and disposal of carbons is not a concern
Indicate whether the statement is true or false.
Organizational authority has all of the following characteristics except:
A. It is used vertically. B. It is invested in a person's position. C. It is accepted by subordinates. D. It is used horizontally.
The management of Kotek Corporation would like to investigate the possibility of basing its predetermined overhead rate on activity at capacity rather than on the estimated amount of activity for the year. The company's controller has provided an example to illustrate how this new system would work. In this example, the allocation base is machine-hours and the estimated amount of the allocation base for the upcoming year is 8,000 machine-hours. In addition, capacity is 10,000 machine-hours and the actual activity for the year is 8,700 machine-hours. All of the manufacturing overhead is fixed and is $6,400 per year. Job L77S, which required 220 machine-hours, is one of the jobs worked on during the year. Required:a. Determine the predetermined overhead rate if the predetermined overhead
rate is based on activity at capacity.b. Determine how much overhead would be applied to Job L77S if the predetermined overhead rate is based on activity at capacity.c. Determine the cost of unused capacity for the year if the predetermined overhead rate is based on activity at capacity. What will be an ideal response?
An eligible unemployed person may now collect unemployment insurance benefits for 36 weeks in most states.
Answer the following statement true (T) or false (F)