1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitry_Shevchenko [17]
1 year ago
13

fred and wilma enter into a contract for horse riding lessons. fred accidentally types the price for lessons to be $4.00 each in

stead of $44.00 each. wilma wishes to enforce the contract at $4.00 per lesson. which remedy would be most effective?
Business
1 answer:
ryzh [129]1 year ago
4 0

Reformation would be most effective in the case of Fred and Wilma.

<h3>What is the contract?</h3>

A promise that is enforceable by law is a contract. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making a proposal and the others accepting it.

The contract will be reformed as this was an error that was made with regard to the amount of $44 instead of $4. Fred was at a mistake but the change is going to happen with the same cause.

When an error has been made in a compact, the tribunal has the equitable authority to reconstruct it to match the parties' real intentions.

Learn more about the contract, here:

brainly.com/question/2669219

#SPJ1

You might be interested in
Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
zhannawk [14.2K]

Answer:

$520,000

Explanation:

Kela corporation reports a net income of $450,000

The depreciation is $70,000

A cash of $50,000 was borrowed on a 5-year note payable

Therefore, the total cash inflows from operating activities can be calculated as follows

= Net income+depreciation

= $450,000+$70,000

= $520,000

Hence the total cash inflow from operating activities is $520,000

8 0
3 years ago
In June 1985, Joseph Marcantuone and Robert Gieson purchased property located in East Orange, New Jersey. At the time of purchas
sattari [20]

Answer:

The answer would be All of the above.

Explanation:

All the above mentioned parties are related with discharge of the chemical and are liable to get the clean up done. Marcantuone and Gieson are liable as they are the owners, Lessees of the dry cleaning establishment are liable as they are the ones who operated on the effected land and Previous owners under whose ownership the lessees had taken the land on lease for a dry cleaning property.

All the parties are liable for the clean up as well as the damage occured post the clean up as well as per the law.

6 0
3 years ago
A price total of $1,500 is subject to a 5% sales tax. What is the amount due after tax? A. $1,625 B. $75 C. $1,750 D. $1,575
zloy xaker [14]
The answer to your question is D
3 0
3 years ago
Read 2 more answers
Olivia has developed a great presentation with a distinct purpose and excellent content. She delivered it in a workshop and got
Olin [163]
The correct answer is (b)
8 0
4 years ago
Read 2 more answers
Can someone PLEASE help me with this. It says every answer I put in is wrong
SIZIF [17.4K]
I can't see the question
4 0
3 years ago
Other questions:
  • The value of a cash budget is that it helps you predict and supply your future cash needs.true or false
    8·1 answer
  • Problem 24-2A Analysis and computation of payback period, accounting rate of return, and net present value LO P1, P2, P3
    5·1 answer
  • Indentify the recommended actions for success in informational interviews
    6·1 answer
  • Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: January 1 20 unit
    12·1 answer
  • What is 25 x 5? please help i cant do?
    7·1 answer
  • Define money and identify the different forms that it takes in the nation's money supply
    13·1 answer
  • Suppose that five years ago you borrowed $300,000 using a 30-year fixed-rate mortgage with an annual interest rate of 10% with m
    10·1 answer
  • Which of the following is true of both paying with a check and paying with a debit card? A)Both are accepted by most people and
    15·2 answers
  • A negotiable instrument can function as a substitute for cash.
    11·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!