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irina [24]
2 years ago
6

A woman decided to have a painting done of herself. She contracted in writing with an artist, who agreed to paint the woman for

$10,000.
Business
1 answer:
11111nata11111 [884]2 years ago
4 0

The cousin would be not be able to recover from the woman because of the following reasons:-

As the woman has a defense built into the contract, the cousin will not be able to recoup from her. The rights under a legal contract may be assigned by one of the original parties to a third party, who may then enforce those rights directly against the original party while typically being subject to whatever defenses the original party may have had against the assignor. The defense is always available against an assignee since it existed when the contract was created as long as it is an inherent defense, such as failure of a condition (even if whether the obligor would be able to utilize it was uncertain).

<h3><u>What does a legal contract suggest in this case?</u></h3>

In this case, the lady (the obligor) and the artist (the assignor) had a legally binding contract; as a result, the woman's commitment to buy the painting only if she was pleased with it was not illusory.

This is because she had to sincerely exercise her right to reject it. The contract's requirement that the woman be pleased with the painting became a condition of the cousin who the artist delegated his rights under the agreement to (the assignee). She can cite the painting's displeasure as an explanation for her failure to pay for it; this defense is included into the contract and prevents the cousin from suing the lady.

To know more about legal contracts, check the links.

brainly.com/question/7440468

brainly.com/question/8935110

#SPJ4

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Production Processes Manufacturers use several different production processes to create goods and services. This activity is imp
iragen [17]

Answer:

Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.  

A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.  

Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.  

Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.

A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.  

A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.

8 0
3 years ago
8.5 Chrysler LLC Chrysler LLC, the now privately held company sold-off by Daimler-Chrysler, must pay floating rate interest thre
murzikaleks [220]

Answer: -0.93%

Explanation:

In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.

This means that they will have overpayed with the futures contract.

The amount in interest they overpayed by can simply be calculated as,

= Floating Rate 3 months from.now - Effective yield on Futures contract

= 6% - 6.93%

= -0.93%

Chrysler made a loss of (0.93% )

4 0
4 years ago
Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review an
Harlamova29_29 [7]

This is a true statement that Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution.

<h3>What is distribution?</h3>

The term "distribution" refers to spreading a product out over the market so that many people may purchase it. These actions are involved in distribution: 1. A reliable transportation system to deliver the commodities to various locations. Distribution is the process of distributing things to clients. One example of distribution is the transportation of rice from Asia to the US.

Therefore,

Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution. This is a true statement.

To learn more about distribution from the given link:

brainly.com/question/14926605

#SPJ4

8 0
1 year ago
If all the things we are learning in school where useful why do teachers work at a place that doesn't pay much when they could b
ser-zykov [4K]

Answer:

A lot of the times it's because they like teaching. They enjoy it, and they enjoy being around kids.

3 0
3 years ago
Read 2 more answers
Give one example of how a decision that a consumer makes will involve an opportunity cost?
Tomtit [17]

Answer:

hope it's help you ok have a good day

4 0
3 years ago
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