Read document and answer the questions: https://lmrpr.com/wp-content/uploads/2019/03/Sample-Contract.pdf

1. Is there a governing law provision? If so, what state's laws apply to this contract? In what paragraph is this provision found?

2. Can the contract be assigned? In what paragraph is that provision found?

3. What intellectual property rights does the influencer maintain and for how long?

4. If the influencer begins to rep another product, must he or she notify the company? In what paragraph is this provision found?

5. Is there a covenant not to compete? If so, how long does it apply? In what paragraph is this provision found?

6. Which party seems to have had the stronger bargaining position, and why?

7. Which specific provisions favor the employer? Explain.

8. Which specific provisions favor the employee? Explain.

9. The parties' main intentions in signing this contract were to promote a product, protect the firm's confidential information and to explain how the company could use all information. Which provisions are related to those three purposes?

10. Which provisions seem entirely unrelated to the main purposes of the contract? Why are these other provisions included in the contract? What do they do for the parties?

11. As a potential influencer being asked to sign this agreement, what major concerns might you have? (Discuss at least two.)

12. Suppose that after one year the influencer decides to resign from this company. What provisions of this contract should the influencer review before resigning?that is, which provisions will likely affect his or her future in this situation? When leaving the company, what actions should the employee take to ensure that he or she is in compliance with all obligations?

Mearcat Corporation earned income before tax of $160,000. Taxable income was $140,000, and the income tax rate was 40%. The journal entry to record Mearcat's income tax expense and income tax liability was: O A. Income Tax Expense 64,000 Income Tax Payable 64,000 O B. Income Tax Expense 56,000 Income Tax Payable 56,000 O c. Income Tax Expense 64,000 Income Tax Payable 56,000 Deferred Tax Liability 8,000 O D. Income Tax Payable 64,000 Income Tax Expense 56,000 Deferred Tax Liability 8,000Question 1 (1 point) Silver's Gym ordered $10,000 worth of fitness equipment from Sports Equipment, Inc. If Silver's fails to pay for the equipment, Sports Equipment, Inc. can enforce the contract: O Only if there is a writing signed by both Silver's and Sports Equipment, Inc. O Even if neither party has signed the contract O As long as there is a writing signed by Silver's O As long as there is a writing signed by Sports Equipment, Inc. Save Question 2 (1 point) If both parties to a contract are mistaken regarding market conditions, such as the likely price of gasoline in the future, then ordinarily they: O Are required to renegotiate the contract. O Are stuck with the contract. Have no contract. O Are both discharged from further performance of the contract. Save Question 3 (1 point) National Widget, Inc. and Widgets-For-A-Buck entered into a contract requiring National Widget to supply widgets worth $10,000 over a 6 month period. The only written evidence of the contract is a memo in the file of Widgets-For-A-Buck. The memo states "Ordered 10,000 widgets from NW. Delivery 6 mon." The memo is signed by Waldo Walters, the president of Widgets-For-A-Buck. Under the Statute of Frauds, the contract is: 1 of 13 3/24/11 8:51 AM O Not enforceable by either party. O Enforceable by either party. O Enforceable by National Widget, Inc. only. O Enforceable by Widgets-For-A-Buck only.QUESTION 11 If neither party has performed its obligations under a contract when a frustrating event occurs, they are both left Where they were before the contract was formed. 0 True 0 False QUESTION 12 Leslie offered to pay Murray $100 a day to show her dog in an upcoming three-day competition. Murray accepted and showed the young male dog, winning best of breed during each day's competition. Leslie paid Murray $300. What is the present status of their contractual arrangement? O a. The payment of the settlement ended the contract. 0 b. The contract terminated by agreement of the parties. O c. The contract has been terminated by performance. 0 d. The termination of the competition frustrated the contract. QUESTION 13 In which situation might a court be inclined to grant an injunction? Q a. where the contract contains a promise not to engage in specied activities 0 b. where thc court wishes to force a party to complete thcir performancc of the contract 0 c. where the plaintiff is undeserving of damages C) d. where the plaintiff does not have "clean hands" Which statement about the la fiber is NOT correct? O it excites spinal inhibitory interneurons to inhibit alpha-motoneurons to the antagonist muscle (reciprocal inhibition) O its steady-state firing rate is proportional to the length of the muscle it innervates O if the muscle is rapidly stretched, la fibers from that muscle have an initial rapidly-adapting response that is proportional to the rate of muscle stretch its peripheral end wraps around the equatorial region of the intrafusal muscle fiber it has monosynaptic inhibitory synapses with a-motoneurons innervating the same muscle so as to prevent the muscle from over-contracting Question 27 1 pts Remembering how to mount and ride a bicycle is an example of: classical conditioning LTD (long term depression) working memory declarative memory procedural memoryD Question 9 2 pts Many economists believe that O the corporate income tax satisfies the goal of horizontal equity. O the corporate income tax does not distort the incentives of customers. O the corporate income tax is more efficient than the personal income tax. O workers and customers bear much of the burden of the corporate income tax. Previous Next