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
uysha [10]
3 years ago
6

The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and fa

xed the signed copy back to the listing agent. The agent faxed the signed offer to the buyer’s agent. Has contract been formed?
Business
1 answer:
ExtremeBDS [4]3 years ago
6 0

Answer: Yes contract has been formed.

Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.

In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.

You might be interested in
What tips should you follow when writing the trip report? Check all that apply.
Anvisha [2.4K]

Answer:

The correct answer is letter "B", "C", and "D".

Explanation:

Trip reports relate the major events of a journey to a different location because of business. companies need it to find out if the employee developed all the activities the trip was set for. They are usually requested with an expense report where workers show how they used the budget approved for the company so they could cover basic needs -food, clothing, and shelter.

<em>Trip reports should identify topics in the opening, including major topics with headings, and cover interest facts for managers.</em>

8 0
3 years ago
Filing for bankruptcy can make it hard for a consumer to reestablish and obtain<br> .
Scorpion4ik [409]
Answer: Credit

When a person who will give out a loan such as an auto loan sees a bankruptcy on a person’s record, it makes them think that the person is irresponsible or at least not competent in their financial abilities.
3 0
3 years ago
Archer, in Chicago, wrote to Ganze in New York City offering to purchase her antique car. When she received the letter, Ganze ma
olya-2409 [2.1K]

Answer:

<u>No</u>

Explanation:

<em>Remember, </em>in business law, as long as both parties did not sign a contractual document, the purchase is not legal.

In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.

Also, the fact that she quickly sent a telegram letting  Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.

7 0
3 years ago
Page 149 5.1 End of Chapter Problems Assume that the managers of the Fort Winston Hospital are setting the price on a new outpat
bixtya [17]

Answer:

Break even = $50 per visit

$100,000 profit = $60 per visit

Explanation:

In order to break even, the total revenue of the expected 10,000 visits must equal the costs necessary to perform them. The cost per visit is the only variable cost with the others being fixed costs:

10,000*P = 10,000*5 + 50,000+500,000\\P-5 = \frac{550,000}{10,000}\\P=\$50

In order to break even, the hospital must charge $50 per visit.

In order to earn an annual profit of 100,000, That profit must be spread out over the 10,000 visits, the profit required per visit is:

P_v = \frac{100,000}{10,000}\\P_v = \$10

Since the break even price is $50, the hospital must charge $60 to earn an annual profit of $100,000.

8 0
3 years ago
At the end of 2022, Carla Vista Co. has accounts receivable of $773,900 and an allowance for doubtful accounts of $63,000. On Ja
Alina [70]

The  journal entries to record the March 4, 2023, transaction is: Debit  Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.

<h3>Journal entries</h3>

Carla Vista Co. Journal entries

March 4, 2023

Debit  Accounts receivable $5,500

Credit Allowance for doubtful accounts $5,500

Debit Cash $5,500

Credit  Accounts receivable $5,500

Therefore the  journal entries to record the March 4, 2023, transaction is: Debit  Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.

Learn more about journal entries here:brainly.com/question/14099855

#SPJ1

8 0
2 years ago
Other questions:
  • Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
    13·1 answer
  • Moonrise Bakery applies factory overhead based on direct labor costs. The company incurred the following costs during 2017: dire
    10·1 answer
  • Is a type of major medical insurance that has a very low deductible amount and is offered without any separate basic plan?
    5·1 answer
  • A corporation issues 1,200,000 shares of stock at its beginning to shareholders. How many shares must a shareholder own to have
    8·2 answers
  • When every element in a salad could easily stand on its own, the salad is
    6·1 answer
  • During recessions, taxes tend to
    7·1 answer
  • At August 31, Whispering Winds Corp. has a cash balance per books of $8,050 and the following additional data from the bank stat
    7·1 answer
  • Mike Morgan, a sales representative for a major food service distributor of Betty Crocker's Warm Delights, wanted to encourage r
    13·2 answers
  • Statement of financial position is prepared to calculate the profit for the year of the business.
    12·1 answer
  • Part of the budgeting process is summarizing the financial statement effects on the budgeted income statement and the budgeted b
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!