Robert $100 if Robert collects his mail and waters his yard while he is away. Robert does not respond, but collects John’s mail and waters John’s yard while John is away. Which of the following is applicable to a claim by Robert
to collect the $100?
A.Robert cannot collect because he is a minor who lacks legal capacity.
B.Robert cannot collect because this type of agreement must be in writing.
c. Robert cannot collect because he never communicated acceptance of the offer.
d.Robert can collect because he performed in accordance with the offer (and the offer called for performance and not communication of acceptance).
Answers
Robert can collect the $100 because he has completed his part of the contract.
The answer is d. Robert can collect because he performed in accordance with the offer (and the offer called for performance and not communication of acceptance)
A claim by Robert to collect the $100 is applicable because Robert collected John’s mail and waters John’s yard while John was away.
Therefore, Robert performed in accordance with the offer, which stated that he would collect his mail and water his yard while he was away. Because Robert has completed the action mentioned in the offer, he can collect the $100, and it is a legally enforceable contract.
In addition, the contract does not require communication of acceptance because the content is loaded in the contract and Robert's performance signifies his acceptance of the offer.
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Related Questions
Why do we record Direct deposits into the CPJ
Answers
Explanation:
Because those payments are done for creditors, repayment of loans and other expenses
An open market purchase will cause Question 32 options: Borrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to fall and the Fed Fund Rate to rise Borrowed reserves to fall and the Fed Fund Rate to rise
Answers
Answer:
Non Borrowed reserves to rise and the Fed Fund Rate to fall
Explanation:
An open market purchase is when the Central bank buys securities from banks. This increases money supply, increases the federal funds rate to fall and increases reserves
Borrowed reserves are monies borrowed by banks from the central bank to maintain required reserves.
ABC Book Company has $1 million in cash, $8 million worth of property, and $50,000 worth of equipment and furniture. What is the total value of ABC Book Company’s assets?
Select One:
a. $9,050,000
b. $1,000,000
c. $9,000,000
d. $50,000
Answers
Answer:
a. $9,050,000
Explanation:
You just need to add that all together
Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
Answers
Sienna wants to reconcile her bank account to check how much money she has to spend.
What does she need to do to adjust the balance in her bank statement?
While adjusting her bank statement balance, Sienna should first add 1.) ________
and then deduct 2.) _________.
1.)
- deposits in transit
- NSF fees
- bank service charges
2.)
- bank errors
- outstanding checks issued
- interest earned
Answers
1. NSF fees and service charges would be money taking out of her account. She wants to add what is being put into her account so she should add deposits in transit.
The answer is Deposits in transit.
2. Deductions is money being taken out, so she would deduct outstanding checks issued.
Answer: outstanding checks issued.
when designing a sales compensation plan, it should be kept in mind that: group of answer choices commissions for sales volume reduce the incentive to sell. compensation systems are independent of the nature of a product or service. salespeople under an incentive system will view customer service as an imposition. salespeople rank recognition as their number-one motivator.
Answers
When designing a sales compensation plan, it is important to consider the motivations and behaviors of salespeople.
Research has shown that salespeople rank recognition as their number-one motivator, followed by financial incentives. However, commissions for sales volume can sometimes reduce the incentive to sell, as it may encourage salespeople to focus on quantity over quality. It is also important to ensure that the compensation system is tailored to the nature of the product or service being sold, as different products may require different sales approaches. Additionally, under an incentive system, some salespeople may view customer service as an imposition, as it takes time away from selling. Therefore, it is crucial to balance the incentives and expectations in a way that motivates salespeople to achieve both sales goals and provide excellent customer service.
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Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.
Answers
Answer:
B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.
Explanation:
What is one of the biggest telltale signs of a pyramid scheme?
Answers
Pyramid schemes posing as multi-level marketing businesses by claiming to have been in the business of selling goods to customers.
What is a pyramid scheme?In a "pyramid" scheme, participants try to gain money purely by recruiting new members, typically if the recruiter guarantees a high return in a short amount of time.
There is no actual sale of merchandise or service; and. Fresh student recruitment is the main focus.
Instead of offering investments or making sales of goods, a pyramid scheme gathers members by promising income or services in exchange for bringing people into the plan.
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A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others. Because
of the drought, the corn crop is severely damaged and limited for market. How will the drought and damage to the corn market likely
affect the overall price of goods?
A)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, since corn production is extremely small in the
United States.
B)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, as most Americans have excluded starches, Like
corn, from their diets.
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn-producers are required members of
the Federal Reserve Board of Governors.
D)
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn is used as a component for many
goods produced and sold in the United States
Answers
Answer: D
Explanation:
What cars are targeted for catalytic converter theft?.
Answers
Catalytic converter theft is a growing crime around the world. They are stolen due to their expensive metals like platinum, palladium, and rhodium. Generally, the older cars and vans that have higher ground clearance are targeted for catalytic converter theft, which is essential to reduce the pollution in the environment.
Trucks and SUVs, which have higher ground clearance than smaller cars, have become more prevalent targets. Because they are easier to access and the converters are larger and therefore have more of the precious metals inside them, which makes them more profitable for thieves.Besides, catalytic converter thieves are also attracted to hybrid cars, such as the Toyota Prius, because their converters have less wear and tear since the petrol engine is used less often. Because hybrid vehicles operate at lower speeds, their catalytic converters contain more expensive metals in better condition, making them more valuable to thieves.The models that are most commonly targeted for catalytic converter theft include Toyota Prius, Honda Jazz, Toyota Auris, Toyota Corolla, and Mitsubishi Outlander PHEV.
However, no car is completely safe from catalytic converter theft. Therefore, owners of cars that have an increased risk of being targeted are encouraged to be vigilant and take precautions, such as parking in well-lit areas and investing in a catalytic converter lock or a security cage.
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If there is a high demand for a product, the price for that product will
O be lower
O be higher
stay the same
O none of the above
Answers
Answer:
High demand equals higher prices
Explanation:
The lesson reads:
Remember:
high demand = higher prices
low demand = lower prices
high supply (when there is an increased inventory or a lot of a product) = lower prices
low supply (when there is a decreased inventory or not enough of a product) = higher prices
If there is a high demand for a product, the price for that product will be higher. The correct option is b.
What is a product?A product is an object, system, or service made available for consumer use as per consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. Service is also regarded as a type of product.
In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project. A related concept is that of a sub-product, a secondary but useful result of a production process.
Dangerous products, particularly physical ones, that cause injuries to consumers or bystanders may be subject to product liability.
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generally, small or token sums awarded to plaintiffs are called:
Answers
Small or token sums awarded to plaintiffs are generally referred to as nominal damages.
Nominal damages are awarded in legal cases when the plaintiff's rights have been violated, but there is little or no actual financial loss or injury suffered. These damages are typically symbolic in nature, representing a recognition of the plaintiff's rights rather than a substantial compensation for damages.
The purpose of awarding nominal damages is to acknowledge that a legal wrong has occurred, even if the harm suffered is minimal. It serves as a way to uphold the principle that individuals should not be allowed to violate the rights of others with impunity.
Nominal damages are often awarded when a plaintiff's legal claim is successful, but they are unable to prove any significant monetary loss or damages. The amount awarded as nominal damages is typically a small or token sum, such as $1, as it is meant to convey symbolic recognition rather than provide substantial financial compensation.
In addition to nominal damages, other types of damages that may be awarded in legal cases include compensatory damages (to compensate for actual losses), punitive damages (to punish the defendant), and liquidated damages (previously agreed upon in a contract). However, when there is no significant financial loss, nominal damages are the appropriate form of compensation.
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Perry Corporation produces and sells a single product. Data for that product are: Sales price per unit $ 275 Variable cost per unit $ 130 Fixed expenses for the month $ 690 comma 000 Currently selling 10 comma 000 units Upper management is considering using a biodegradable packaging which costs $ 7 more per unit but it produces less waste in the long run. Management plans to increase advertising by $ 7 comma 000 in the first month to advertise this new feature to their packaging. They believe that environmentally friendly people will switch to their product resulting in an increase in sales of 4 comma 000 units per month. What should be the overall effect on the company's monthly operating income in the first month if this change is implemented?
Answers
Answer:
new contribution margin per unit = $275 - $137 = $138
total contribution margin = (10,000 + 4,000) x $138 = $1,932,000
total fixed costs = $690,000 + $7,000 = $697,000
operating income = $1,235,000
old operating income = $1,450,000 - $690,000 = $760,000
operating income will increase by $475,000 or 62.5%
to determine gains from trade, the terms of trade must be compared to the production and consumption before trade. true false
Answers
"To determine gains from trade, the terms of trade must be compared to the production and consumption before trade " is True as The terms of trade compare the prices of goods and services between two countries.
If the terms of trade are favourable, the country can increase its production and consumption of goods and services after trade. The comparison of the terms of trade to the production and consumption before trade can help to determine the gains from trade.
When a country engages in international trade, it seeks to benefit from better prices or better quality of goods and services than it could produce itself.
The comparison of the terms of trade to the production and consumption before trade gives an indication of how successful the country has been in obtaining better prices or better quality goods and services.
If the terms of trade are more favourable than the production and consumption before trade, then the country has gained from trade.
On the other hand, if the terms of trade are not more favourable than the production and consumption before trade, then the country has not gained from trade.
Therefore, to determine the gains from trade, the terms of trade must be compared to the production and consumption before trade.
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To be eligible for federal grants to pay for college, a student must _____.
(PLATO CORRECT ANSWER ONLY)
A. attend either a public university or community college
B. complete one year of college in good standing
C. complete the FAFSA before the deadline
D. be able to pay more than half the tuition
Answers
The total revenue received by sellers of a good is the same amount as the
Multiple Choice
a. total income earned by the buyers.
b. total amount spent on the good by the buyers.
c. price paid by the buyers for each unit of the good.
d. profits earned by the sellers of the good.
Answers
The total revenue received by sellers of a good is the same amount as the total amount spent on the good by the buyers. Thus, option B is the answer.
This is because the revenue for a seller is the total amount of money they receive from the sale of their goods. The total amount spent by buyers is the sum of all the individual prices they pay for the good. Since the sellers receive the money from the buyers, the total revenue for the sellers is equal to the total amount spent by the buyers.
It is not related to income earned by buyers, price paid by buyers per unit or profits earned by sellers as they are different concepts and calculations.
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an investor with access to all publicly available information will be able to make higher than expected profit if the market has semi-strong efficiency. T/F?
Answers
False. If the market has semi-strong efficiency, which implies that all publicly available information is quickly and accurately reflected in stock prices, an investor with access to all publicly available information will not be able to make higher than expected profit consistently.
In a semi-strong efficient market, stock prices already incorporate all relevant information, including publicly available information such as financial reports, news, and announcements. Therefore, it is difficult for an investor to consistently identify mispriced stocks or exploit market inefficiencies based solely on publicly available information.
However, investors may still have opportunities to outperform the market through strategies such as analyzing non-public information or employing advanced analytical models, but such approaches go beyond relying solely on publicly available information.
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What is the decrease in the overall value of an asset called?
ОА.
depreciation
OB.
deceleration
Ос.
amortization
OD
disinvestment
Answers
Answer:
C Amortization
Explanation:
Because I am smart
Answer:
depreciation
Explanation:
Joaquín, a human resources manager, has to lay off either of two department heads, Coral or Mike, because the downsizing process that is going on in the organization calls for the merging of their two departments. However, Joaquín cannot decide whom to lay off, since they are both excellent managers and he does not want to dismiss either of them. In this case, Joaquín is having a difficult time making a decision due to experiencing ________ conflict
Answers
Joaquin is having a difficult time making a decision due to experiencing psychological conflict.
Psychological or personal conflict refers to a situation in which a person is motivated to engage in at least two fundamentally unconnected or incompatible activities. It occurs when the vocal, linguistic, symbolic, or passionate responses required to fulfill one intention are contradictory with those needed to satisfy another.
A person who is driven to engage in two or more activities that are incompatible or mutually exclusive is said to be in personal or psychological conflict.
In this case, since Coral and mike are both good managers and Joaquindoesn't want to fire any of them, he is unable to determine who to lay off because of the mental conflict he is having.
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critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answers
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
The majority of respondents to a customer satisfaction survey given by an eyeglass store say that, although they like the
selection of eyeglasses and the price, the wait for service is too long and the staff seems rude to customers. The
eyeglass store's next step will most likely be to
meet with staff to talk about the survey
O keep things as they are since customers are happy with the product and price
O figure out a way to get customer wait time decreased
O contact the respondents and talk with them individually
NEXT QUESTION
TURN IT IN
ASK FOR HELP
Answers
The correct option is figure out a way to get customer wait time decreased .The eyeglass store's next step will most likely be to figure out a way to get customer wait time decreased and improve the staff's customer service skills.
The survey shows that while customers appreciate the selection of eyeglasses and the price, they are unhappy with the wait time for service and the staff's behavior towards them. Therefore, the eyeglass store needs to address these concerns to improve customer satisfaction and retention. The store management can start by analyzing the root cause of long wait times and come up with strategies to optimize the service process. They can also conduct training sessions for the staff to improve their customer service skills and teach them how to handle difficult customers. Additionally, the store can implement a system to track and monitor wait times to ensure they stay within acceptable limits. Contacting the respondents and talking with them individually can also provide valuable feedback and insight into areas of improvement.
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Phil and Jake are 16 and 14 years old respectively, $9150 isshared between them in the ratio of their age , how much does Phil get?
Answers
age ratio => Phil : Jake
16 : 14
( 16+14 = 30 ) units = $9150
1 unit = $9150 ÷ 30
16 units = ( 9150 ÷ 30 ) × 16
= $ 4880
Therefore, Phil gets $4880
Discuss how scarcity of economic resources
leads to tradeoffs
Answers
Scarcity of economic resources requires individuals and societies to make tradeoffs by choosing between alternative uses of limited resources.
This scarcity necessitates making choices and tradeoffs. When resources are scarce, choosing to allocate them towards one particular use means sacrificing the opportunity to use them for alternative purposes.
For example, a government investing resources in building new infrastructure may have to reduce spending on healthcare or education. Individuals face tradeoffs as well, such as deciding between spending money on leisure activities or saving for the future.
These tradeoffs arise because resources are limited, and individuals and societies must make choices to allocate them in the most efficient and effective manner given their scarcity.
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Specific, Measurable, Attainable, Realistic, and Timely
A change in customs; something new and contrary to established customs, manners, or rites.
The rate at which goods or services are produced by a standard population of workers.
The extent to which a resource, such as electricity, is used for the intended purpose; the ratio of useful work to energy expended.
Options to match above are
Efficiency
Productivity
Innovation
SMART - goal setting criteria
Answers
The terms listed in the question are all significant management and organizational practices in any system or organization. They are as follows: Specific, Measurable, Attainable, Realistic, and Timely.
Specific, Measurable, Attainable, Realistic, and Timely (SMART) is a structured and time-bound approach to defining and accomplishing goals.
It is widely used in organizational management, project management, personal coaching, and self-improvement efforts. The SMART criteria are a set of principles that assist businesses in developing attainable, measurable goals.
The rate at which goods or services are produced by a standard population of workers is known as productivity. Productivity is frequently used as a measure of an organization's effectiveness.
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Which statement is true?
1. bank interest lower than inflation means more purchasing power.
2. Nominal rates are an accurate figure of purchasing power.
3. Real interest measures the power of the saved money.
4. Real interest is the rate quoted in loan and deposit agreements.
Answers
3. Real interest measures the power of the saved money. This statement is true.
What is real interest rate?
A loan's or deposit's interest rate that has been prorated for inflation is known as the real interest rate. It indicates the actual rise in buying power brought about by an investment after taking inflation into account. Subtracting the rate of inflation from the nominal interest rate yields the real interest rate. For instance, the actual interest rate would be 1% (3% - 2%), if a savings account pays 3% interest and the rate of inflation is 2%.
After accounting for inflation, this indicates that the savings account's buying power has grown by 1%. Inflation-related buying power loss is shown by a negative real interest rate, whereas a growth in purchasing power is indicated by a positive real interest rate. In other words, the real interest rate, which accounts for the effects of inflation, gives a more realistic picture of the underlying return on an investment or the true cost of borrowing.
Real interest rate is the nominal interest rate adjusted for inflation, and it reflects the true increase in purchasing power resulting from an investment. A positive real interest rate indicates that an investment has increased purchasing power, while a negative real interest rate means the investment has lost purchasing power due to inflation.
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Which of the following is NOT a good way to discover information about a career that seems interesting to you?
Ask questions of someone in that career
Pick a career from an internet ad
Search the internet for information
Job shadowing or an internship in that career
Answers
Answer: Do NOT just pick a career from an ad.
Explanation:
Ads are a lot of the time unimformative (lacking information), so if you are trying to find information, ads are not the way to go.
Determining the payment options to be offered to a business's customers is which function?
Answers
Answer:
Pricing
Explanation:
When a bank makes a loan:
A. It causes an increase in the money supply.
B.it causes a reduction in the money supply.
C. it can stimulate business activity, but there is no effect on the money supply.
D. it can cause either an increase or a decrease in the money supply depending on the elasticity of supply
Answers
Answer:
C
Explanation:
this is the answer bc there is really no effect
Apple issues a $1,000 5-year bond that pays a 9% interest rate. Assuming semi-annual interest payments, what is the value of this bond if market rates fall to 7% for bonds of this type?.
Answers
The value of bond if market rates fall to 7% for bonds is $824.41.
What is the value of the bond?In order to determine the value of the bond, determine the present value of the bond. Present value is the sum of dicounted cash flows.
Present value of the bond:
Cash flows each year from period 1 to 10 = 9%/2 x 1000 = $45Cash flow in year 10 = $1000 I = 7% Value of the bond = $824.41To learn more about present value, please check: https://brainly.com/question/26537392
mike started a calendar-year business on september 1st of this year by paying 12 months of rent on his shop at $700 per month. what is the maximum amount of rent that mike can deduct this year under each type of accounting method?
Answers
The maximum amount of rent that Mike can deduct this year depends on the accounting method he is using. That is $ 2800 under the cash method and $ 8400 under the accrual method.
If Mike is using the cash method of accounting, he can deduct the rent payments that he actually paid during the tax year. Since he started the business on September 1st, he would have paid rent for the months of September, October, November, and December, a total of 4 months. Therefore, the maximum amount of rent that he can deduct this year is $700 x 4 = $2800.
If Mike is using the accrual method of accounting, he can deduct rent payments for the period that he is entitled to the use of the property, regardless of when he paid the rent. Since he started the business on September 1st and paid 12 months of rent in advance, he is entitled to use the property for the entire year. Therefore, the maximum amount of rent that he can deduct this year is $700 x 12 = $8400.
It's important to note that if Mike elected to use the cash method of accounting, he must stick with it for at least the first year of business and for future years unless he receives the IRS approval to change it.
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