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Ira Lisetskai [31]
3 years ago
15

As part of an advertising campaign, a plane flew over the beach in Ocean City trailing a banner that read: "Boardwalk Bistro wil

l give 100 to the first person to swim from the inlet at 1st Street to Bistro's at 33rd street." Daisy was a very strong swimmer and accepted the challenge. When she got to 25th Street, however, the plane appeared again with a banner that read: "Bistro withdraws its offer." Which statement best describes Daisy's and Bistro's rights in this situation?
Business
1 answer:
bogdanovich [222]3 years ago
3 0
Bistro's first banner was a form of a unilateral contract. This means that the banner was a legally enforceable promise between two parties where one party will perform the requirement and the other (Bistro) would pay.

For the given situation, Daisy substantially performed the required task and therefore, Bistro is not allowed to revoke the offer.

Based on the above, the statement that <span>best describes Daisy's and Bistro's rights in this situation is:
</span><span>Bistro cannot revoke the offer because Daisy has substantially performed the requested action.</span>
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Which type of financing refers to giving up some control of the business to raise funds
grigory [225]

Answer:

venture capital financing,

Explanation:

To obtain venture capital financing, business founders often have to give up some ownership and control of their business.

4 0
2 years ago
The marginal benefit of another T-shirt this month to Mary is $15. If the $10 price of a T-shirt reflects its marginal cost to M
DaniilM [7]

Answer:

The correct answer is option d.

Explanation:

The marginal benefit of another T-shirt is $15. The price of the T-shirt is $10.  

The marginal cost is equal to the price, so it is also $10.  

The marginal benefit earned from the T-shirt is greater than the marginal cost incurred on a T-shirt.  

According to economic reasoning, it is profitable to buy another T-shirt. So, Mary will buy another T-shirt this month.

5 0
3 years ago
Which of the following are considered needs? Check all that apply
Charra [1.4K]
Water, food, people to interact with?
4 0
3 years ago
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George's firm contracts to provide risk management services for a wide range of smaller companies that cannot provide the servic
Sonja [21]

Answer:

Extortion

Explanation:

Here is the complete paragraph

George's firm contracts to provide risk management services for a wide range of smaller companies that cannot provide the service for themselves. One of George's responsibilities at the end of each month is to review the threats encountered by the companies and put them into the appropriate categories.

One of his firm's clients details an incident in which a hacker — a former employee — thieved trade secrets from the client and threatened to release them to the competition if he was not paid. In which of the following categories should George place this incident?​

5 0
3 years ago
Marigold Company estimates that annual manufacturing overhead costs will be $865,920. Estimated annual operating activity bases
Nana76 [90]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Marigold Company estimates that annual manufacturing overhead costs will be $865,920. Estimated annual operating activity bases are direct labor cost $492,000, direct labor hours 49,200, and machine hours 98,400.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Direct labor cost:

Estimated manufacturing overhead rate= 865,920/492,000= $1.76 per direct labor dollar

Direct labor hour:

Estimated manufacturing overhead rate= 865,920/49,200= $17.6 per direct labor hour

Machine-hours:

Estimated manufacturing overhead rate= 865,920/98,400=$8.8 per machine hour

4 0
3 years ago
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