Mary saw an advertisement on Gumtree posted by Susan. Susan offered a motorbike for sale. Mary contacted Susan indicating that she is interested in purchasing the motorbike. They agree to meet at Menlyn Mall in order to conclude the deal. While having coffee at Wimpy, Mary offers to pay Susan R7, 000 for the motorbike, and for Susan to hand over the motorbike to Susan immediately upon payment. They agree the same afternoon at 16:00 to conclude the deal. Mary fails to show up at 16:00. When Susan phones her, Mary says that she found another motorbike for a cheaper price and that she no longer wishes to purchase the motorbike from Susan. Mary approaches you for advice.

Which ONE of the following statements is CORRECT?

a.

The contract is valid because both parties were of sound mind and were not minors (over the age of 18).

b.

The contract is valid because it came into being at the time and place when the offer and acceptance was made and communicated to one another.

c.

The contract is void because the parties were not in each other’s presence since Mary failed to show up to the deliver the R7, 000.

d.

The contract is void because the offer was rejected by Mary when she indicated over the telephone that she is no longer interested in purchasing the motorbike.

Answers

Answer 1

The  statement is:d. The contract is void because the offer was rejected by Mary when she indicated over the telephone that she is no longer interested in purchasing the motorbike.

In this scenario, Mary and Susan entered into negotiations for the sale of the motorbike, but the contract was not yet concluded. He made an offer to purchase the motorbike for R7,000 and for immediate handover, which Susan presumably accepted. However, the contract was still conditional upon Mary's payment and receipt of the motorbike at the agreed time and place.

Since Mary failed to show up at the designated time and informed Susan over the telephone that she no longer wishes to purchase the motorbike, it can be considered as a rejection of the initial offer. As a result, the contract is void, and both parties are released from their obligations under the agreement.

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Related Questions

Business management typically requires graduate school.
OA.
True
OB.
False

Answers

False that’s not true

Answer:

true

Explanation:

You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.

Answers

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

what do businesses consider when setting a price for their product

Answers

Answer

There are several factors a business needs to consider in setting a price

Explanation:

Competitors – a huge impact on pricing decisions. The state of the market for the product – if there is a high demand for the product, but a shortage of supply, then the business can put prices up.

They consider how much profit they will get versus how much they are paying to get the product. Also other companies prices on similar items.

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What type of workplace emergency would OSHA be most likely to get involved with?

tornado

workplace violence

toxic chemical spill

active shooter

Answers

c-toxic chemical spill

All of the following are considered appropriate speech in the workplace except O A. use of slang O O B. use of proper grammar O C. good pronunciation. O D. no use of swear words.​

Answers

Answer:

a and d, The reason is your bussiness you should keep it professional.

Explanation:

All of the following are considered appropriate speech in the workplace except for the use of slang. Thus, option D is correct.

What is a workplace?

A workplace, also known as a place of work, is a place where employees carry out duties, jobs, and projects on behalf of their boss.  inevitably, a happy and pleased person will show this in his whole personality and development as a person. Other than just increased efficiency and staff fulfillment are some of the overall effects of a positive work environment.

While using slang at home or in social settings is allowed, doing so within the workplace can have unfavorable consequences. The employing of the vocabulary may cause misunderstandings in communication and can make those who cannot comprehend it feel excluded or alone.

Therefore, option D is the correct option.

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what do limited partners in a business give up ? why ?

Answers

Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.

Explanation:

One Stop Shop Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for th three years ending December 31,2020 (Cick the icon to view the consoliated seatements of operations.) (Click the icon to view the partial balance sheets) Read the requirements Requirement 1. Compute the net proft margin tatio for One Stop Shop for the years ended December 31. 2020, and December 31. 2019. (Round your answers to the nearest hundreath of a percent x×x×1. Begin by identlying the formulin to calculate profit margin. Data table One Stop Shop Corporation operates general merchandise and food discount stores in the United States. The company reported th three years ending December 31,2020 : EAB (Click the icon to view the consolidated statements of operations.) (Click the icon to view the partial balance sheets.) Read the requirements. Data table 1000 and Dectertas 31 , 20t9

Answers

To compute the net profit margin ratio for One Stop Shop Corporation for the years ending December 31, 2020, and December 31, 2019, you need to use the following formula:

Net Profit Margin Ratio = (Net Income / Total Revenue) * 100

1. Start by identifying the net income and total revenue for each year from the provided data.
2. Calculate the net profit margin ratio for each year using the formula above.
3. Round your answers to the nearest hundredth of a percent.

Unfortunately, you have not provided the necessary data to perform these calculations.

Please provide the net income and total revenue figures for the years ending December 31, 2020, and December 31, 2019, so that I can assist you further.

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7. Solve this two step equation:
3 x 5 – 7 = y

Answers

Answer:

y=8

Explanation:

15-7=y

8=y

y=8

Answer:

its 8

Explanation:

if u do 3 times 5 its 15, if u do 15-7 which equal 8 or y so y=8

According to the video, what tasks do Traffic Technicians commonly perform? Check all that apply.

setting the length of time a light stays red
operating large vehicles
counting vehicles
making sure a road crew is protected
analyzing accident reports
campaigning for transportation laws
negotiating with police officials

Answers

Answer:

1

3

4

5 is correct

Explanation:

the length of time a light remains red, counting vehicles, reviewing accident data, and advocating for traffic rules are some of the activities that traffic technicians frequently carry out, according to the video.

What do you know about the Traffic Technicians ?

A qualified individual who examines and manages traffic as well as the variables affecting traffic conditions is a traffic technician. They review a range of traffic-related data at the direction of a traffic or civil engineer to assist in enhancing traffic flow.

A traffic technician is a specialist that works in the area of transportation engineering and is in charge of managing and evaluating traffic patterns and flow. They have a thorough understanding of how vehicles, pedestrians, and bicycles behave on the road, and they use this expertise to the design and implementation of traffic management systems that guarantee the safe and effective movement of people and commodities.

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Which of the following is NOT a possible tax or deduction that could be withdrawn from your paycheck?
FICA
Overtime pay
Federal income tax
Contributions to retirement savings

Answers

Overtime pay is not a tax or deduction that could be withdrawn from your paycheck.

Overtime pay is a wage rate paid to an employee for working more than the standard number of hours per week or day, and it is subject to taxes and other deductions. On the other hand, FICA (Federal Insurance Contributions Act) tax is a payroll tax that is withdrawn from an employee's paycheck to fund Social Security and Medicare programs. Federal income tax is a tax on an individual's income imposed by the federal government, and it is withheld from an employee's paycheck based on their earnings and filing status. Contributions to retirement savings such as a 401(k) or IRA are voluntary deductions from an employee's paycheck and are intended to provide long-term savings and tax benefits.

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A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy

Answers

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.

Permanent book-tax differences include ______.

a. $10,000 capital gain from the sale of land held by a business
b. $10,000 of prepaid rental income received on the last day of the tax year
c. $100,000 of organization costs for a new business
d. $50,000 of interest expense associated with the generation of tax-exempt income

Answers

The answer would be "D"

What should you do before you approach a atm

Answers

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

Which factor played the most important role in the expansion of economle
connections between countries since the mid-20th century?
A. Rapid inflation in most countries
B. International efforts to protect the environment
C. Advances in technology
D. Reduced trade between neighboring countries

Answers

C is the answer trust it’s cyan

How do import quotas affect supply and demand?

Answers

An import quota increases consumer surplus in export country markets and decreases it in import markets. A quota on imports increases producer surplus in the import market while decreasing it in the market for exporting nations.

Implementing an import quota by a major nation may increase or decrease national wellbeing. Quotas will aid domestic suppliers by lowering imports. However, they will result in increased consumer costs, a reduction in economic wellbeing, and they may trigger retaliation if other nations impose tariffs on our goods. Quotas limit the availability of imported goods on the market. Consumers typically pay a higher domestic price as a result.

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.All but which one of the following is an example of noninterest income or noninterest expense?
Multiple Choice
Salaries and benefits paid to employees
Income from trust services
Earnings on securities held for investment
Income from service charges on deposits
Gains and losses from trading account assets

Answers

Earnings on securities held for investment is not an example of noninterest income or noninterest expense.

Noninterest income and noninterest expenses are financial terms referring to income and expenses that are not directly related to the core business of lending and borrowing.

In the given choices, salaries and benefits paid to employees, income from trust services, income from service charges on deposits, and gains and losses from trading account assets are all examples of noninterest income or noninterest expense, as they are not directly related to lending and borrowing.

However, earnings on securities held for investment are considered interest income since they are derived from investments made by the financial institution, which is directly related to its core business.

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Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned

Answers

Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account

Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges

Answers

Answer:

1,2 & 5

Explanation:

Answer:

1, 2, 5

Explanation:

edge 2021

Suppose the government places a per-unit tax on a good. The smaller the price elasticities of demand and supply for the good, the.

Answers

Suppose the government places a per-unit tax on a good. The smaller the price elasticities of demand and supply for goods, the smaller the deadweight loss from the tax.

The term deadweight loss of taxation, caused by the imposition of a new tax is referred to as deadweight loss of taxation. This results from a new tax that is higher than the amount normally paid to the government's taxing authority.

Deadweight loss is calculated as follows: deadweight loss = (new price - old price) x (original quantity - new quantity) / 2.

A per unit tax, also known as a specific tax, is one that imposes a fixed amount on each unit of a good or service sold, such as cents per kilogram. Thus, regardless of price, it is proportional to the specific quantity of a product sold. Excise taxes, for example, fall under this category.

The study of how buyers and sellers interact to determine transaction prices and quantities is known as demand and supply analysis. As we will see, prices reflect both the value to the buyer of the next (or marginal) unit and the cost to the seller of that unit at the same time.

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How can a diverse economy like the United States, satisfy the needs of its consumers?

Answers

Answer:

Supply and Demand

Explanation:

What is TRUE about time as a factor in investing?


A.

The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.


B.

Time rarely plays a large role in investment decisions or outcomes, and typically waiting to make decisions lowers an investor’s overall risk.


C.

If you have 10 years or more to invest, opening a savings account can be a good option for high-risk, high-reward investing.


D.

If you have a shorter time period to invest because you are nearing retirement, a higher-risk investment is generally a better choice.


plz help :)

Answers

Answer:

A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.

Explanation:

This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.

Answer:

The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.

Explanation:

I got it right on the test nun to worry about.

Scenario 3: Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part time job. Although you don't have to pay your loan back until you graduate, you've saved enough by the end of the semester and you will pay off the loan in full. Does your credit score go up or down? Why does it go up or down? If your score goes down, how can you fix it?​

Answers

A credit score rating is based on a credit score report, statistics usually sourced from credit score bureaus.

What is a credit score?

A credit score rating is a numerical expression primarily based totally on a degree evaluation of a person's credit score files, to symbolize the creditworthiness of an individual.

As per the information,

1. The loan taken here is an unsecured loan, therefore, the early payment of the loan will increase the credit card score.

2. In this case,  the credit card score will go up as pre-payment of small and unsecured will have a positive impact on the credit card score. The score goes up and down based on your credit card purchase behavior.

3. If the credit card score goes down, it can be fixed by maintaining a healthy credit card utilization ratio.

hence, in this way, the credit card score issues can be resolved.

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Your boss, the mayor of a city, thought that she'd come up with a great way to raise city revenue: increase the tax on gasoline in the city! However, she discovered that the city was actually receiving less tax revenue after the gas tax increase than before. Incensed, she declared that the economic policy prescription of taxing goods with inelastic demand must be flawed. Comment.

Answers

The mayor's conclusion that the economic policy prescription of taxing goods with inelastic demand is flawed based on the city's experience with the gas tax increase is premature and misguided.

While it is true that goods with inelastic demand are typically considered suitable for taxation due to the expectation of higher tax revenues, other factors may have influenced the outcome.Firstly, the magnitude of the tax increase matters. If the gas tax was raised too significantly, it could have led to a substantial decrease in demand, offsetting the potential revenue gains from the tax. Consumers may have responded by reducing their gasoline consumption or seeking alternative modes of transportation.Secondly, cross-border shopping or fuel smuggling could have played a role. If neighboring regions or jurisdictions had lower gas tax rates, consumers might have chosen to purchase economic policy those areas, leading to a decrease in local sales and tax revenue.

Lastly, long-term effects and behavioral changes need to be considered. Higher gas prices could incentivize consumers to invest in more fuel-efficient vehicles, switch to public transportation, or adopt alternative energy sources. These changes could reduce the overall demand for gasoline, again impacting tax revenues.

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ethical issues in brand management can include all of the following except:

Answers

The "Ethical-issues" in brand-management include all the options except  (d) domain constitution.

The Domain-Constitution refers to the process of establishing and assigning domain names for websites. It is not directly related to ethical issues in brand management.

Ethical concerns in brand management generally revolve around issues like brand infringement (a), cyber squatting (b), and the potential loss of trademark protection when a brand name becomes a generic term (e). However, domain constitution is not considered as an ethical issue in brand management.

Therefore, the correct option is (d).

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The given question is incomplete, the complete question is

Ethical issues in brand management can include all of the following​ EXCEPT:

(a) brand infringement

(b) cyber squatting

(c) new brand names like Go-ogle and​ Twit-ter, because the names have entered everyday​ conversation, as in​ "I Go-ogled​ myself" or​ "I Tweeted​ you."

(d) domain constitution

(e) when a brand becomes so​ well-established that it may be considered a generic​ term, such as a Kleenex tissue or a Xerox copy.


Henry Headgear manufactures industrial grade hats. These near
indestructible hats have been selling very well and the sales
department is trying to put together a forecast for a 6 week
period. Opening

Answers

Henry Headgear is a manufacturing company that produces industrial grade hats that are extremely durable and almost indestructible. The sales department of the company is trying to prepare a forecast for the next six weeks.

In order to create an accurate forecast, the sales department must consider a number of factors.
The first factor to consider is the current market conditions. They need to analyze the demand for industrial grade hats and determine if there is any growth or decline in demand. They should also research the competition and identify any new entrants into the market.
The second factor to consider is the seasonality of sales. They need to look at the sales trends for the previous year and determine if there are any patterns. If there is a seasonality in sales, they need to adjust their forecast accordingly.
The third factor to consider is the impact of any external factors. They need to consider any economic factors such as changes in interest rates or inflation. They should also look at any regulatory changes that could impact sales.

Finally, the sales department needs to take into account any internal factors that could impact sales. They need to look at the production capacity of the company and determine if there are any bottlenecks that could limit sales. They should also analyze the pricing strategy of the company and determine if there are any changes that need to be made.
In conclusion, creating an accurate forecast for the next six weeks requires a comprehensive analysis of the market conditions, seasonality, external factors, and internal factors. By considering all of these factors, the sales department of Henry Headgear can create a forecast that is both accurate and useful for the company.

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in the petition of the candlemakers, frédéric bastiat argues that the government of france should impose trade barriers against which foreign competitor?

Answers

In the petition of the candlemakers, frédéric Bastiat argues that the government of France should impose trade barriers against the Sun.

The eminent French economist Frederic Bastiat wrote The "Candle Maker's Petition," which is a satire of protectionist taxes. Bastiat's critique of mercantilism extended in many ways to Adam Smith's defense of free trade, but he focused on government tariffs imposed to shield native sectors from foreign competition.

The French government is petitioned for protective action against unfair competition from the sun by all of the industry participants, including "the manufacturers of candles, tapers, lanterns, sticks, street lamps, snuffers, and extinguishers, and from producers of tallow, oil, resin, alcohol, and generally of everything connected with lighting."

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Jean’s Vegetable Market had the following transactions during 2014: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? Group of answer choices $21,000 $67,000 $0 $28,000

Answers

Answer:

$21,000

Explanation:

The computation of the cash provided by financing activities is shown below

Cash flows from financing activities

Issue proceeds of common stock $50,000

Less Repayment of 6 year note payable -$22,000

Less: Payment of cash dividend -$7,000

Net Cash provided by financing activities $21,000

The same is considered and relevant

Introduce the term of notice in two sentence​

Answers

I’m not quite sure I understand the question but I tried answering it

(Notice as a verb) While investigating the scene of the crime, the detective *noticed* fingerprints on the glass window.

(Notice as a noun) A final notice was given to the disobedient boy after which he would be expelled from the school.

A real estate professional leased a building for 10 years at an annual rent of $48,000. She will receive a commission of 7.5% for the first five years, 5% for the next three years, and 3.5% for the final two years. What will her gross income be from this commission over the life of the lease

Answers

Her gross income from this commission over the life of the lease is $28,560.

Commission for the first five years

Commission=5×(48,000× .075)

Commission=5×3600

Commission=$18,000

Commission for the next three years

Commission=3×(48,000 ×.05)

Commission=3×2,400

Commission=$7,200

Commission for the final two years

Commission=2×(48,000 ×.035)

Commission=2×1,680

Commission=$3,360

Gross income commission:

Gross income commission=$18,000+$7,200+$3,360

Gross income commission=$28,560

Inconclusion her gross income from this commission over the life of the lease is $28,560.

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What is MMS?

A.
Mass Messaging Service
B.
Multiple Messaging Service
C.
Multimedia Messaging Service
D.
Marketing Messaging Service

Answers

The answer is c.

Explanation: MMS (multimedia messaging service) allows you to communicate photographs, videos, and other media as well as longer words via SMS.

Answer:

multimedia messaging service

Explanation:

took the test, got it right.

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Which type of weathering involves transformation of rock into one or more new compounds? What type of figurative language in "i can't talk to the walls anymore because they're yelling at me." 2. How does Global Mindset affect success in international business? Give one specific example. 3. Use three countries from the cultural values data in Hofstede's Country Comparison research. Apply visualization to describe their cultural values and implications for doing business in each of the three. See the example below: Noah printed a map of a walking trail. The length of the trail was 12cm. 1cm on the map represents 2km on the actual trail. What is the scale factor from the map to the actual trail? Andrew collects coins, He collected a total of 150 coins. If 72% of the coins he collected were foreign,how many other coins did he collect? urea and uric acid are products of the breakdown of: 17. The owner of an organic fruit stand also sells nuts. She wants to mix cashews worth $5.50 per pound with peanuts worth$2.30 per pound to get a 1/2 pound mixture that is worth $2.80 per pound. How much of each kind of nut should she includein the mixed bag?A. Cashews: 0.10 lb.; peanuts: 0.40 1b.B. Cashews: 0.42 lb.; peanuts: 0.08 1b.C. Cashews: 0.40 lb.; peanuts: 0.10 1bD. Cashews: 0.27 lb.; peanuts: 0.23 1b.E. Cashews: 0.23 lb.; peanuts: 0.27 1b.F. Cashews: 0.08 lb.; peanuts: 0.42 1b X0123P(x).02.65.26.07Find the probability that a family owns:Exactly 2 refrigerators is: ___P(3) = ____P( < 1) = ____P( 2) = ____P (>2) = ____ After school, Gabriella completed 40% of her chores. What is the decimal equivalent of 40%? A. 0.04 B. 0.4 C. 4 D. 40I NEED IT NOW OR I WILL GET A F- i need help with this problem Design a single loop circuit with one voltage source and two resistors; one of them is any resistor available in the lab, 7 k., and the other one is a variable resistor, which is considered as the load resistor, R. Your circuit must be designed (source value) such that the maximum power dissipated in R_ is 3.28 mW. Write your answer without the unit. Ill give brainliest to the best answer! when john d. rockefeller jr. faced serious public relations problems in 1914, journalist ivy ledbetter lee stepped in to successfully deal with the crisis. In class, we discussed research by James Pennebaker, who compared people who wrote either about traumatic events or trivial events from their past Pennebaker's research was an example of the method of research. OA Case study OB. Naturalistic observation OC. Correlational Study OD. Experimental 4 PLEASE HELP WITH THIS A triangle has two sides of length 6 and 18. What is the smallest possible whole-number length for the third side? Formalities in a contract can be self-imposed by the parties toa contract.Select one:TrueFalse Marcel is in his first job after college, working at City Center Bank as a teller.He is not married, nor does he have any dependentsHe will be 23 on Jan 1 of the current yearMarcels wages (regularly taxed income) is $35,000What is Marcels taxable income? Question 1 of 10Mark all the statements that are true.A. This graph is not a function because the value x = 3 is assigned tomore than one y-value.B. This graph is a function whose domain is the set (3).C. This graph is a function because the value of x is the same forevery value of y. Help ASAP!!!!!! Fill the blank. 30 points. The three types of connections are text to ______, text to text, and text to the ______.