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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

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The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there
OLga [1]

Answer:

The correct option is B,zero monetary cost but a $1,000 per month opportunity cost

Explanation:

Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.

Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.

4 0
4 years ago
Examples of intangible benefits include all of the following except a(n) ____. Group of answer choices sales tracking system tha
stepladder [879]

Answer:

The correct answer is: online package tracking system that decreases the need for clerical staff.

Explanation:

Intangible benefits are attractive to employers for several reasons. Employees who receive these benefits often feel appreciated and motivated to work harder. Company managers can also enjoy the flexibility of choosing intangible benefits that fit each employee. For example, one employee might prefer to receive recognition for a job well done, while another would prefer a four-day work week. Some people only consider working for companies that offer certain intangible benefits, such as telecommuting or the prestige of working for a known company. Offering these benefits keeps the company competitive when it comes to acquiring new talent.

3 0
3 years ago
What type of leader was Will Keith Kellogg? <br><br> Autocratic, Democratic, or Free Rein.
natali 33 [55]

Answer:

He was a Democrat and he was also a major leader in the progressive health reform

6 0
4 years ago
a _____ loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit.
rusak2 [61]

A  consolidation loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit. Thus the correct option is D.

<h3>What is a loan?</h3>

An amount given by any financial institution to any individual in advance on a certain rate of interest that they need to repay during the given time is called a loan.

A consolidation loan is meant to assist individuals with credit problems brought on by excessive credit use. A debt reduction approach known as a debt consolidation loan is taking out a new loan to settle a number of bills.

Therefore, option D is appropriate.

Learn more about the consolidation loan, here:

brainly.com/question/29305748

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The complete question is probably

A _____ loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit.

a. personal

b. single-payment

c. buy-down

d. consolidation

e. standard

8 0
2 years ago
Fill in the blanks with the word(s) from the drop-down list that would best complete the passage. Free trade has not produced al
iragen [17]

Answer:

Lowered, improved, increased, choice

Explanation:

Free trade has not produced all of the economic impacts that were originally predicted. At the same time, it is known that global shifts in production and trade have generally lowered consumer cost, improved company profits, and increased product choice.

3 0
3 years ago
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