Answer:
Tablet only.
Explanation:
As Given Merlin have bought tablet for $500, he return it and buy GPS device for $200 and downloaded tunes for $100.
Most of commercial agreement is unwritten and many contract does not require to be in writing, however, uniform commercial code (UCC) have made certain exception for which written contract is required.
Under uniform commercial code (UCC), certain contract for sales of goods Article 2 must be in writing.
All the sales of goods worth $500 and more must have contract in writing and must be signed by the party against which enforcement is sought. It is valid even if the contract is not written in detail, it is enforceable.
Therefore, only purchase of Tablet must have contract in writing as it is worth $500.
Answer:
0.95
Explanation:
Given that,
Market demand for wheat: Q = 100 − 2p + 1pb + 2Y
price of wheat, p = $2
price of barley, pb = $3
Income, Y = $1000
Q = 100 − 2p + 1pb + 2Y
= 100 - (2 × 2) + (1 × 3) + (2 × 1,000)
= 100 - 4 + 3 + 2,000
= 2,099
Differentiating Q with respect to Y,
dQ/dY = 2
Income elasticity of wheat:
= (dQ/dY) × (Y ÷ Q)
= 2 × (1,000 ÷ 2,099)
= 0.95
Answer:
The Supreme Court ruled in favour of the Complainants, enforcing the contract.
Explanation:
The Lucy Vs Zehmer case was one of decision on if a contract was binding or not on the basis of the undisclosed intentions of the parties involved in the contract. Zehmer alleged that he had jokingly sold and transferred title to Lucy while drunk. However the court ruled that contract for the sale of land to Lucy was valid on the basis that the secret intentions of Zehmer was not known or disclosed in the sale of the land and only his actions count for the contract to be binding.
Ratio and proportion is a useful method in determining a value using a known constant in ratio form. In this case, the ratio of cost to price is always 1/4. Hence, the solution goes as follows:
1/4 = 33.85/price
Price = 33.85*4
Price= $135.4
Answer:
false
Explanation:
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