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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

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Rand Company had May operations as follows. Units actually produced 76,000 Actual direct labor hours worked 160,000 Actual varia
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Answer:

B. 20,000

Explanation:

Standard Variable overhead rate = $6 per units / 2 direct labour hour

Standard Variable overhead rate = $3 per hour

Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)

Variable overhead spending variance = 160,000 * (3.125 -3)

Variable overhead spending variance = 160000*0.875

Variable overhead spending variance = 20,000

4 0
2 years ago
Simone has worked as an editorial assistant at a magazine publisher for the last six months. Her boss is impressed with her dedi
pochemuha

Answer:

​job enlargement

Explanation:

Job enlargement refers to the increase in duties and responsibilities related to the job. It combined all other activities with the same level in the organization

Since in the question it is mentioned that Simone boss is impressed by her dedication and her hard work so he assigner her more task for freelancer writers

Therefore this situation represents the job enlargement

5 0
3 years ago
Vehicles from which country use the international registration letters WG?
grigory [225]
Japan. maybe it is maybe no
6 0
3 years ago
Read 2 more answers
For an output level below qe, the value of a unit to a buyer is the cost of a unit to a seller. suppose a firm that produces for
Aloiza [94]

Answer:

an externality, market failure

Explanation:

The company in this case has a par production because the cost to the seller is the same as the benefit to the buyer. Now the company is dumping chemicals that are affecting people in the community that do not patronise them. The chemicals cause poisoning of wildlife and harms health of nearby residents.

This characterised an externality that is the dumping of chemicals affecting the residents in the community.

It is also a market failure because while the company is not making profit they are also harming the society where they operate.

8 0
3 years ago
CPAs become involved in a variety of types of engagements. For each of the following statements, indicate whether it relates to
Nookie1986 [14]

Answer:

a. Examination

b. Review

c. Agreed upon procedures

d. Examination

e. Reviews

f. None

g. Reviews

h. Agreed upon procedures

i. Examination

j. None

Explanation:

Examinations are meant to provide higher level of assurance in audits, in order to provide detailed view and opinion on the audit area.

Reviews are meant to provide the certificate of approval that financial reporting framework is followed or not, or whether their is no material change in the financial statements etc:

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Remaining explanation:

In f. absolute assurance can never be provided as even in examination there are certain limitations which are inherent in the procedure.

In j the statement provides no independence which is not available condition in any engagement.

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2 years ago
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