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
Vilka [71]
1 year ago
10

faiz enters into a contract to buy 350 acres from grain farm to cultivate hops and open a brewery. faiz fails to make the purcha

se. grain farm’s remedy is most likely
Business
1 answer:
Debora [2.8K]1 year ago
7 0

Based on the fact that Falz failed to make the purchase, Grain Farm most likely has the remedy of C ) Pay the difference between contract price and market price.

<h3>What is Grain farm to do?</h3>

When a buyer (Falz) gets into an agreement to buy a land or property and fails to do so, this falls under real estate and damage.

Under real estate and damage, the buyer  would then have to pay the seller (Grain Farm) a remedy which would be the difference between the market price of the property and the contract price.

Options for this question include:

  • the amount that Faiz expected to invest in the brewery
  • a percentage of Faiz's unrealized profit.
  • the difference between the contract and market prices of the land.
  • nothing-Grain Farm still owns the land.

Find out more on contract remedy at brainly.com/question/28480342

#SPJ1

You might be interested in
QS 6-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fun
noname [10]

Answer and Explanation:

The journal entries are as follows:

1. Petty cash A/c Dr $150

              To Cash A/c $150

(Being the establishment of petty cash is recorded)

2.

Entertainment expenses A/c Dr $70

Postage expense A/c Dr $30

Printing A/c Dr $22

                    To Petty cash A/c $122

(Being the reimbursement of petty cash fund is recorded)

3 0
2 years ago
What is most likely to cause a rise in expenditure in an economy?
d1i1m1o1n [39]

Answer:

B

Explanation:

because b i think gimme vbucks

3 0
3 years ago
Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in value
STALIN [3.7K]

Answer:

C: 17.78-30 pounds

6 0
3 years ago
Toy Town is considering a new toy that will cost $49,100 in startup costs. The toy is expected to produce cash flows of $47,500
Tasya [4]

Answer:

NPV with a 14.9% discount rate: 6,329.06

The toy should be produced as the NPV is positive.

IRR = 26.65%

Explanation:

First we calculate for the NPV using the given discount rate of 14.9%

We will calculate the present value of each year cash inflow:

\frac{inflow}{(1 + rate)^{time} } = PV  

Year 1 cash inflow: 47,500.00

time   1.00

rate  0.149

\frac{47500}{(1 + 0.149)^{1} } = PV  

PV   41,340.30

Year 2 cash inflow:  18,600.00

time   2.00

rate  0.149

\frac{18600}{(1 + 0.149)^{2} } = PV  

PV   14,088.76

Then, we add them and subtract the investment to get NPV

NPV = 14,088.76 + 41,340.3 - 49,100 = 6,329.06

The toy should be produced as the NPV is positive.

Now for the IRR

That is the rate at which NPV equals zero we can solve for this using the quadratic equation as there are only two cash flow:

Year 1 will discount at (1+IRR)

Year 2 will be discount at (1+IRR )^2

So we can express and recreate the quadratic formula:

18,600 X^2 + 47,500 X - 49,500 = 0

A = 18,600

B = 47,500

C = -49,100

x_1 = \frac{-b+\sqrt{b^{2} -4ac}}{2a}\\x_2 = \frac{-b -\sqrt{b^{2} -4ac}}{2a}

We can solve and get:

x1 =  0.78957

x2 = -3.3433

We take the positive value.

and now solve for IRR

\frac{1}{1+ IRR} = 0.78957\\IRR = \frac{1}{0.78957} -1

IRR = 0,2665121 = 26.65%

This will be the IRR for the project.

4 0
3 years ago
Defining a business in terms of goods and services rather than in terms of the benefits customers seek is called _____.
viva [34]
<span>Marketing Myopia is the term for when a company does business in terms of goods and services instead of focusing on the benefits consumers are looking for. These companies are focused on the bottom line. It is considered a short-sighted view by most experts and often causes the companies in question to be unable to quickly adjust when there are changes in their particular markets.</span>
6 0
3 years ago
Other questions:
  • One retail trend resulting from economic conditions is​ ________.
    8·1 answer
  • The information-processing theory was inspired by the knowledge of how _____ function. animals' brains high-level businesses com
    8·1 answer
  • A corporation choosing to follow a stability strategy would probably want a person with a conservative style, a production or en
    6·1 answer
  • Wallyworld Company manufactures a product with the following costs per unit at the expected production level of 84,000 units: Di
    10·1 answer
  • Sean works in the human resource department of a well-known and highly respected maker of athletic equipment. He suggests that t
    13·1 answer
  • Markel Inc. has bonds outstanding during a year in which the general (risk-free) rate of interest has not changed. Markel electe
    8·1 answer
  • Agricultural output is a large part of Econland's GDP. Particularly bad weather one year leads to an output that is smaller than
    7·1 answer
  • Simon Company had the following summarized operations for the month of May: Revenues earned: for cash, $32,000; and on account,
    5·1 answer
  • According to Maria Halmo, what is the most important aspect of managing finances?
    7·1 answer
  • A serial process has 4 steps – A (4), B(3), C(3), D(2) – that have to be performed in this order. Numbers in parentheses are the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!