Some of the likely things which a court would do if Tonya sues to enforce the contract are:
- 1. X not enforce the contract, because people are free to choose to whom they sell their property.
- 2. award monetary damages to Tonya.
- 3. require Shania to go through with the sale.
- 4. X grant specific performance by requiring Shania to find a comparable piece of land for Tonya at a comparable price.
<h3>What is a Contract?</h3>
This refers to the legally binding agreement which is entered by two or more parties based on terms and conditions.
With this in mind, we can see that because Shania wants to sell her lakefront to Tonya for $150,000 and they sign a contract but before they close the deal, Shania discovers that the property prices would go up and declines to sell.
In conclusion, if Tonya sues to enforce the contract, we can see that the contract would not be enforced, but Tonya would be paid monetary damages.
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Answer:
Total PV= $25,072.57
Explanation:
Giving the following information:
Cash flows:
Cf1= $6,100
Cf2= $11,100
Cf3= $17,300
Discount rate= 15%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= Cf / (1+i)^n
PV1= 6,100 / 1.15= 5,304.35
PV2= 11,100 / 1.15^2= 8,393.19
PV3= 17,300 / 1.15^3= 11,375.03
Total PV= $25,072.57
FAU and emergency management department’s campaign slogan is “FAU ALERT” or “ATTENTION FAU”. Read below about the usage of the slogan.
<h3>How does FAU use their slogan?</h3>
“ATTENTION FAU” is only utilised in messaging if an incident has the potential to suspend normal operations or affect life safety and/or destruction of University resources.
Therefore, the slogan is as provided above.
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Overmanaging is the most evident mistake Claudia made as a senior accountant.
Answer:
The primary advantage they refer to is additional sales revenue.
Explanation:
Extending credit to customers is generally done through use of credit cards these days. This does allow the customers to buy goods and services on credit and pay later for those goods.
Offering credit is beneficial for both the shopkeepers or merchants and the buyers. Customers do not have to pay cash (as they can run out of cash at times), so they buy more and this increases the sales revenue for the merchants, which becomes the primary advantage for them and outweighs the costs.