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Lady_Fox [76]
3 years ago
8

Farmer Brown contracts to buy two tracts of land from Farmer Sal. Both parties believe that the two tracts are adjacent, but in

fact they are not. Farmer Sal is still willing to sell the land, but Farmer Brown is adversely affected by the tracts not being adjacent. Because of this misunderstanding regarding the adjacency of the tracts, their contract is
Business
2 answers:
Natasha2012 [34]3 years ago
7 0

Answer: unenforceable by either party.

Explanation: The contract becomes unenforceable due to a misunderstanding or misrepresentation of information regarding the said property. What farmer brown needs is a land which both tract are adjacent, which farmer sal believes he has. This is not the case as both tract are not adjacent. Though farmer sal is still willing to sell, the original contract becomes unenforceable due to misrepresentation of information pertaining to the land.

Evgen [1.6K]3 years ago
3 0

Answer:

Voidable.

Explanation:

A voidable contract can be defined as a formal and legal contract established between two parties, which can be canceled if it is the option of any of the parties involved, if there are legal reasons.

Some of the reasons that cause a contract to be canceled can be:

  • Mistakes
  • Fraud
  • Undue duress
  • One or more unacceptable terms
  • A breach of contract

Therefore, if one of the parties finds a defect in the contract and chooses not to reject it, the contract remains enforceable and valid.

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g Oregon Corp. prepares its financial statements annually and has a calendar year end. The adjusted trial balance ( NO MORE ADJU
Semmy [17]

Answer:

$1,700,000

Explanation:

The computation of the NET accounts receivable (the cash realizable value) at December 31, 2019 is shown below:

= Account receivable - allowance for doubtful debts

= $2,000,000 - $300,000

= $1,700,000

By deducting the allowance for doubtful debts from the account receivable we can get the net account receivable or the cash realizable value

Therefore we ignored the bad debt expense

5 0
3 years ago
Miller Inc. Is a large corporation preparing to acquire GrowIt, a start-up business. Miller has many policies and procedures bas
deff fn [24]

Answer:

by identifying the differences and developing employee's skills in conflict resolution

Explanation:

Human Resource Management is the key area for success of any organization. This is basically because managing any office is easy with good personnel employed.

Thus, training in employees on the Human Resource level, might help in overcoming any kind of conflict faced by such employees, of each of the companies.

HR personnel are responsible for satisfaction among employees, for this they have to agree on certain policies of giving compensation, appraisals and rewards. Thus, both the companies HR personnel shall involve themselves in developing the skills in employees for resolution of conflict.

7 0
3 years ago
Which person would most likely purchase a life insurance policy with a $1 million death benefit?
Dovator [93]
I would say D, you don’t need a million dollar death benefit if you have no one to claim it.
4 0
2 years ago
Read 2 more answers
the stage of Team development during which a group sets guidelines about issues like attendance and punctuality
Karo-lina-s [1.5K]

The stage of team development during which a group sets guidelines about issues like attendance and punctuality is the norming stage.

What is norming stage of team development?

During the norming stage, agreement arises over the identity of the leader or leaders and the responsibilities of each member. A sense of coherence and unity begins to emerge when interpersonal conflicts start to be resolved. As members start to work together and begin to concentrate on the team's objectives, team performance improves at this stage.

What happens in the norming stage of team development?

Members become more focused on the team's objectives and exhibit a rise in productivity throughout the Norming stage, both in their individual and group work. The team can decide that now is the right time to assess their working methods and productivity.

Learn more about norming stage of team development: brainly.com/question/3438659

#SPJ4

3 0
1 year ago
Diane's Donuts will begin selling donuts next week. Diane figures that the average variable cost to make each donut will be cons
saw5 [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Average variable cost = $0.30 for each donut

Fixed cost: Cost of rent and machinery = $20,000

If the number of donuts produced and sold in one year is 36,500, then

Average fixed cost:

= Total fixed cost ÷ Number of units sold

= $20,000 ÷ 36,500

= $0.547 or $0.55

Therefore, the average fixed costs be $0.55 if she sells 36,500 donuts in one year.

8 0
3 years ago
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