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
-BARSIC- [3]
3 years ago
10

Kellen orders 1,000 pounds of strawberries from Lucy so he can make his famous strawberry sundaes at his ice cream store. Lucy s

hips him 1,000 pounds of blueberries instead. Kellen puts the blueberries in cold storage and notifies Lucy that she sent the wrong stuff. Lucy does not pay for the storage. Kellen sells the blueberries to a grocery store, keeping a commission on the sale and sending the rest of the money to Lucy. This sale represents _____.
a. a mitigation of damages.b. rescission and restitution.c. specific performance.d. a breach of contract.
Business
1 answer:
Zanzabum3 years ago
4 0

Answer:

B. Rescission and Restitution

Explanation:

You might be interested in
g Banks advertise Group of answer choices the real interest rate, which is how fast the dollar value of savings grows. the real
Serhud [2]

Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows

Explanation:

Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.

It is therefore the value at which savings grow.

It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.

It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.

3 0
3 years ago
The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p
-BARSIC- [3]
The point when the company makes exactly enough money to pay for itself, without making extra as a profit is the C. Break even point

hope this helps
7 0
3 years ago
Read 2 more answers
Pamela, a 1/3 partner, has an adjusted basis of $100,000 for her partnership interest. If Pamela sells her entire partnership in
creativ13 [48]

Answer: Capital gain = $10,000 ; Ordinary income = $25,000

Explanation:

Here is the complete question:

The PLM Partnership balance sheet includes the following assets on December 31 of the current year:

Basis FMV

Cash $230,000 $230,000

Accounts receivable 0 75000

Land 70,000 100,000

Total $300,000 $405,000

Pamela, a 1/3 partner, has an adjusted basis of $100,000 for her partnership interest. If Pamela sells her entire partnership interest to Emma for $135,000 cash, how much capital gain and ordinary income must Pamela recognize from the sale?

The following can be calculated based on the question above:

Pamela's share of the unrealized receivables will be the ordinary income which will be the unrealized receivables of $75000 which is then multiplied by 1/3 which is the interest. This will be:

Ordinary income = 1/3 × $75,00

= $25,000

The capital gain will be the difference that occurs between total gain and ordinary income.

Total gain difference

= $135,000 - $100,000

= $35,000

Ordinary Income = $25,000

Capital gain = $35,000 - $25,000

= $10,000

5 0
2 years ago
A. by how much will gdp change if firms increase their investment by $11 billion and the mpc is 0.9?
Sliva [168]

Answer:

The answer is <u>"$110 billion".</u>

Explanation:

Firms increase their investment by $11 billion

mpc = 0.9

gdp = ?

To find the gdp, first we have to find expenditure multiplier;

we will find that by using the formula;

expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10

Now gdp = 10 x $11 billion

= $110 billion

Thus the <u>gdp is $110 billion.</u>

6 0
3 years ago
Which describes risk aversion?
Savatey [412]
Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.  

In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Zhang company reported cost of goods sold of $842,000, beginning inventory of $38,600 and ending inventory of $47,000. the avera
    5·1 answer
  • A seller listed her residence with a broker. the broker brought an offer at full price and terms of the listing from buyers who
    14·1 answer
  • Property Rights and Corruption When looking at a country as a market or investment, the international business must consider the
    15·1 answer
  • The per-unit cost of an item is its average total cost (= total cost/quantity). suppose that a new cell phone application costs
    6·1 answer
  • Pina Corporation factors $268,100 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen
    11·1 answer
  • "You'll notice the trimming machine requires workers to pull two levers at the same time. Although this may appear inconvenient,
    10·1 answer
  • Which of the following tasks are NOT typically outsourced? Group of answer choices core business production noncore business acc
    10·1 answer
  • __________________ is a political system in which the government tolerates little or no opposition but permits nongovernmental c
    9·1 answer
  • Chang Industries has already spent $230,000 to produce tables. Those tables can be sold as is for $442,000. Alternatively, the t
    10·1 answer
  • Name strategies that eskom uses to protect the environment
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!