BUSINESS HIGH SCHOOL

Fred offers to sell his scooter to dan for $400. dan agrees to buy the scooter for $400, if he does not find one that he likes more. this is an example of a(n):

Answers

Answer 1
Answer:

Answer:

illusory promise

Explanation:

An illusory promise is a promise that doesn't constitute a valid contract. It is not enforceable because it lacks mutuality. In common law, the acceptance must be a mirror image of the offer in order for a valid contract to exist. Dan didn't really accept the offer, since he included the condition " if he does not find one that he likes more" which is very ambiguous and not something definite.


Related Questions

MIDDLE SCHOOL

An externality is an intangible effect of production and purchases.
TRUE
FALSE

Answers

true i think.....Im just guessing to be honest

COLLEGE

Followers of the efficient market hypothesis believe thatA) very few investors actually analyze or evaluate stocks before they make a purchase decision.B) the needed information to assess the market is available only to corporate insiders.C) investors react quickly and accurately to new information.D) individual traders can have a significant impact on the price of a security.

Answers

Answer: Followers of the efficient market hypothesis believe that "C) investors react quickly and accurately to new information.".

Explanation: The efficient market hypothesis states that the current price of an asset in the market reflects all available information that exists (historical, public and private). It considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.

This adjustment happens so fast because investors act quickly and accurately in the face of new information.

HIGH SCHOOL

Please help! Will give brainliest Megan, Uma, and Ricardo all work for the same car insurance company. Megan is a Sales Agent, Uma is an Underwriter, and Ricardo is an Accident Investigator. Which tasks do all three employees perform?

A.selling insurance policies to customers and using math and statistics to judge the level of risk a customer represents
B.using math and statistics to judge the level of risk a customer represents and using computers and other office technology
C.maintaining and organizing customer information and using computers and other office technology
D.gathering, analyzing, and documenting information about incidents and maintaining and organizing customer information

Answers

Answer:

D.gathering, analyzing, and documenting information about incidents and maintaining and organizing customer information

Answer:

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DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

DDDDDDD

DDDDDDD

DDDDDD

DDDDDD

DDDDQ

DDDD

DDDDDDDD

DDDDDDDDDDD

Explanation:

HIGH SCHOOL

_______ is the stage of the product design process that turns the idea on paper into a prototype.

Answers

Development is the stage of the product design process that turns the idea on paper into a prototype.
There are many stages in the process and development is the fifth stage of the process in which the firm decided to actually turn the idea on paper into a prototype.

HIGH SCHOOL

A mortgage is a legal agreement between a borrower and a

Answers

A mortgage is a legal agreement between a borrower and a lender.

The mortgage loan agreement  sets the terms of the contract between a lender and a borrower: it gives the borrower access to the money but  also grants the lender the right to take possession of the mortgaged property if the borrower does not pay the loan's installments.

Lender
which is usually the bank
HIGH SCHOOL

In 2019, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients and earned $25,000. The clients signed notes receivable to Chaya that have a fair market value of $22,000 at year-end. In addition, Chaya sold a 36-month service contract on June 1, 2019, and received payment in full of $12,000. Round any division to four decimal places and If required, round your final answer to the nearest dollar. How much income does Chaya report from these transactions in 2019?

Answers

Answer:

Accrual shows face amount as revenue

revenue = $25,000

(12,000) (7/36)= $2,333 (regognized in 2017)

Total income reported in 2017 = $27,333

The next year she would show the remainder of 12,000 from 26 month contract

For tax purposes, max of 2 year deferral for payment recieved in advance.

HIGH SCHOOL

The demand for organic produce is growing. Green Acres Farms grows only organic vegetables. In a SWOT​ analysis, the rising demand for organic produce would be​ a(n) __________ for Green Acres​ Farms, and the fact that they grow only organic vegetables is​ a(n) __________.

Answers

Answer:

i. opportunity

ii. strength

Explanation:

Opportunities are external factors beyond the control of the business that are likely to contribute to the success of the business. The increasing demand for organic vegetables represents an opportunity.

Strengths are internal business attributes within the control of the business that will contribute to business success. The fact that Green Acre farms only grows organic produce (which is increasing in demand) is a strength to the business.

HIGH SCHOOL

An office manager orders office supplies. He pays $20 for pens, $15 for paper clips, $30 for paper, and $28 for legal pads. What will this subtotal be, before sales tax? A. $83 B. $93 C. $73 D. $103

Answers

Hi!

To solve this, just add all of the costs.

20 + 15 + 30 + 28 = 93

The answer is B. $93

Hope this helps! :)

Answer:

93 for pf students

Explanation:

Penn foster

HIGH SCHOOL

How do we precisely measure the standard of living in a nation or economy? a. We use GDP only.
b. We use per capita GDP only.
c. We use distribution of income only.
d. No one number is enough

Answers

The correct answer is letter D. No one number is enough. To precisely measure the standard of living in a nation or economy, then no one number is enough. It is not either measured via the Gross Domestic Product (GDP) or the GDP per capita or Gross National Product.
The answer is D. No One number is enough

People often think that GDP per capita is enough to measure the standard of living in nation. We Calculated GDP per Capita with this formula :

Total GDP / Total Population.

The thing with using GDP per capita for measuring the standard of living in a nation is cant predict where the GDP came from. What if 90% of the GDP come only from 10 % of the population ? the other 90 % of the population wont be able to reach the living standard.

Thats why we also use the distribution of income
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