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
Alex777 [14]
3 years ago
6

Business law professor Debby needed some yard work done. She told her class that she would give $50 to the first person who mowe

d her yard. She also entered into an agreement with Brenda to trim some shrubbery for $40. Max went to mow Debby's yard. Unfortunately, just as he finished mowing, a neighborhood dog bit him and he had to go to the emergency room for a couple of stitches. Debby refused to pay Max on the basis that the agreement was not in writing and that Max ended up being more trouble than he was worth. Max refused to pay the emergency room because he said that they did not have a binding, bilateral contract. Brenda refused to trim the shrubbery because she got a better offer and claimed that she was not bound by the contract until she started to perform.
Which of the following is an appropriate characterization of the agreement between Debby and Max?

A. They had a bilateral, express agreement.
B. They had a bilateral, implied agreement.
C. They had a bilateral and unilateral agreement.
D. They had a unilateral, express agreement.
E. They had a unilateral, implied agreement.
Business
1 answer:
Bad White [126]3 years ago
5 0

Answer:

D) They had a unilateral, express agreement.

Explanation:

In a unilateral contract, the offeror makes an express promise without a reciprocal agreement from another party. The offeror's express promise of payment requires that the other party performs.

In this case, professor Debby made an express promise to pay $50 to anyone that mowed her yard, and Max performed the yard mowing, therefore he is entitled to payment.

You might be interested in
When rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of: a. increasing
Xelga [282]

Answer:

b. slow industry growth.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

Generally, when rival business firms compete aggressively by trying to attract competitors' customers, this might be an indication of slow industry growth.

In conclusion, the various companies or business firms are experiencing a low level of sales of their goods and services. As a result, they engage in activities that would attract potential customers and by extension their competitors' customers.

3 0
3 years ago
Kyle is a strict boss. He is more concerned about the successful execution of tasks than the wellbeing of his employees. As a re
abruzzese [7]

Answer:

The answer is option (C) authority-compliance style.

Explanation:

The authority-compliance style In the context of the Blake/Mouton leadership grid describes when managers or bosses are overly concerned about the effectiveness with which their employees or subordinates get work done without regard for the well being of such employees.  

This kind of dictatorial management style is due to the fact that a manager or boss believes that the needs of his/her subordinates or employees are relatively unimportant when compared to achieving success or getting work effectively done.

7 0
3 years ago
After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) fro
xenn [34]

Answer:

The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.

Cheers

5 0
3 years ago
1. What type of economic system exists when individuals answer the three basic economic questions?
san4es73 [151]
1) B
A market economy answers the three basic economic questions.
2) A
3) D
5 0
4 years ago
Read 2 more answers
A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which proce
marta [7]

Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

Explanation:

The options to the question are:

StatusA A. Send a prospectus to the customer

StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security

StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.

The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.

Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.

7 0
4 years ago
Other questions:
  • Suppose your local government decided to tax the interest income on its own bonds as part of an effort to rectify serious budget
    11·1 answer
  • The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are
    11·1 answer
  • Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the
    14·1 answer
  • Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,500, and h
    8·1 answer
  • What are restrictions placed on a company's economic activities by creditors called?
    13·1 answer
  • "Which of the following is a support activity in a firm's value chain? A) Inbound logistics B) Operations C) Sales and marketing
    7·1 answer
  • Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign
    14·1 answer
  • Angela is nearly nine months pregnant. She has worked for her current employer on a full time basis for the last 8 months, and h
    5·1 answer
  • Selected balance sheet and income statement information for EKG Corporation and AMP Company follows ($ millions). Company EKG Co
    5·1 answer
  • The following balance sheet for the Hubbard Corporation was prepared by the company:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!