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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
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t
gulaghasi [49]

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

7 0
3 years ago
An accountant increases the price he charges for his services by 66 percent. In​ response, the demand for his services decreases
Rama09 [41]

Answer:

Decrease

Explanation:

The accountant's revenue will decrease because the demand for his services has fallen by 1,818%, while the price he charges has only gone up by 66%.

The rise in prices will not be enough to cover the losses for such a deep fall in demand.

For example, suppose that before, the accountat used to complete 200 services a month for $100 per year, his total revenue is = 200 x $100 = $20,000.

Now, he will charge 68% more, the new service fee is $168, but demand for his services will now be a negative 3436 (200 x 1,818% = 3636), so his revenue will be 0, or even, negative (he could get into debt to afford his expenses).

7 0
3 years ago
On January 1, a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on J
sammy [17]

Answer: B. 46,768

Explanation: Completing an amortization table would allow us find for the present year the bond carrying amount.

The face amount of the bond multiplied by the coupon rate gives the interest payment. This payment adjusted for the number of installments paid per year is $2,000 which is given by:

50,000 × (8/2)% interest (half the year).

Interest expense is calculated as the effective rate of 5% multiplied by the beginning of the year's carrying value. The difference between the interest payment and interest expense give the amortization of discount.

Carrying Value: 46,139 (A) Value at 1/1/X1

Cash: 2 ,000 &n bsp; (50,000 x .04) (B) Never Changes

Expense: 2,30 6.95 (46,139 x .05) (C)

(B - C) -306.95 (D)

(A - D) 46,445.95 (Carrying Value at 6/30/X1)

----------------

Carrying Value: 46,445.95 (A) Carrying Value at 6/30/X1

Cash: 2,000.0 0 (50,000 x .04) (B) Never Changes

Expense: 2,322.30 (46,445.95 x .05) (C)

(B - C): -322.30 (D)

(A - D): 46,768.25 (Carrying Value at 12/31/X1

5 0
3 years ago
Ray kroc first became involved with mcdonalds as a salesman selling what item to the restaurant chain?
denis-greek [22]
Ray kroc first became involved with mcdonalds as a salesman selling : Milkshake - mixer
He became fascinated by the possibilities that Mcdonalds could offer and became the first one who propose to make McDonalds became a franchise

hope this helps
7 0
3 years ago
What are software applications?
Allushta [10]

Answer:

any program or number of programs designed for end-users. That’s it, in a nutshell. In that sense, any end user program can be called an “application.”

7 0
4 years ago
Read 2 more answers
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