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m_a_m_a [10]
2 years ago
14

Ira orally agrees to buy a unique collection of sports memorabilia for $1,000 from Jane and sends her $250 as a down payment. Wh

en Ira sends her the rest of the price, Jane refuses to ship Ira the collection. Ira should seek Group of answer choices specific performance. damages. reformation. rescission.
Business
1 answer:
OLEGan [10]2 years ago
6 0

Ira should seek specific performance.

  • A particular remedy called specific performance is utilized by courts when no other option, such monetary compensation, will fully satisfy the other party. The court will choose that option instead if it will put the injured party in the same situation as if the contract had been fully completed.
  • A court may order a party to carry out a specific conduct, such as completing the contract's performance, as a form of equitable relief under the law of contracts.
  • If damages are a suitable alternative, it is normally not accessible but is typically available in the sale of land law. Contracts for personal services nearly seldom allow for specific performance.

Thus this is the answer.

To learn more about Contracts, refer: brainly.com/question/984979

#SPJ4

You might be interested in
s a state that exists whenever an entity can survive or continue its activities without external assistance or international tra
Andru [333]

Autarky is a state that exists where the entity can survive with no external help or the global trade.

<h3>What is trade?</h3>

Trade is the scenario when the nation engaged in acquiring or selling goods or providing services from or to the outside nations.

  • Autarky is the situation of being self independent or exercising the self rule. It is being applied to the political states, systems of economy,  communities or states of the nation.
  • When an entity can able to exist in the market with no global interference or any kind of external help, then that situation of a firm is tend to be an Autarky.

Therefore, the definition provided in respect of the term Autarky.

Learn more about the international trade in the related link:

brainly.com/question/27622280

#SPJ1

7 0
2 years ago
Using time value of money tables, calculate the following.
Nonamiya [84]

Answer:

a. $675.33

b. $1,943.03

c. $747.26

d. $4,026.05

Explanation:

a. Future Value

Pv = - $450

Pmt = $ 0

p/yr = 1

n = 6

r = 7 %

Fv = ?

With the above parameter available, the future value, Fv is $675.33

b. Future Value

Pv = - $900

Pmt = $ 0

p/yr = 1

n = 10

r = 8 %

Fv = ?

With the above parameter available, the future value, Fv is $1,943.03

c. Principal Amount

Pv = ?

Pmt = $ 0

p/yr = 1

n = 5

r = 6 %

Fv = $1,000

With the above parameter available, the future value, Pv is $747.26

d. Principal Amount

Pv = ?

Pmt = $ 600

p/yr = 1

n = 10

r = 8 %

Fv = $0

With the above parameter available, the future value, Pv is $4,026.05

4 0
3 years ago
An investor buys a 10-year, 7% coupon bond for $1,050, holds it for 1 year, and then sells it for $1,040. What was the investor'
kirza4 [7]

Answer:

The answer is 5.71%

Explanation:

Solution

Given that

Coupon rate = 7%

Bond = $1050

Sale of the bond = $1040

n = 10 years, n = 1 year

Now we find the investor's rate of return

Thus

Coupon payment = 7%* 1000

=70

1050 = 70/(1+r) + $1,040/(1+r)

r= 5.71%

Therefore the rate of return of the investor is 5.71%

or

Rate of return = (P1-P0+ Interest ) /P0

= (1040 -1050 + 70 )/1050

= .0571 or 5.71%

6 0
4 years ago
A consulting company won a $20.8 million three-year contract. The contract requires software development, hosting, and maintenan
Kamila [148]

Answer:17%

Explanation: I just want points

7 0
3 years ago
How can you manage conflicts between staff members in general?
belka [17]
First conflict is a problem and second don't fight with the staff members if you did say sorry from your deeper part of heart to say a big soory
8 0
3 years ago
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