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Shtirlitz [24]
3 years ago
8

On april 6, apple entered into a signed contract with bean, by which apple was to sell bean an antique automobile, having a fair

market value of $150,000, for $75,000. apple believed the auto was worth only $75,000. unknown to either party, the auto had been destroyed by fire on april 4. if bean sues apple for breach of contract, apple's best defense is
Business
1 answer:
OlgaM077 [116]3 years ago
6 0
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Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for h
miskamm [114]

C. Charles should forgo renter's insurance if the premiums will quickly overtake the value of his belongings.

Renter's insurance is a useful and valuable tool to protect tenants against loss  or damage of  their property, and is a wise purchase in most cases. However, if you are paying more every month in your insurance premiums than the total value of the goods you are protecting, the insurance may no longer be worth the cost.

3 0
3 years ago
Which of the following requirements must be met for a redemption to be treated as substantially​ disproportionate? A. The shareh
Verdich [7]

Answer:

the answer is C

Explanation:

why ? the redemption is used for marketing to define or even to know how in the future your company reach their economic profit levels,and also to the shareholder benefits,  so that's why when the company put on the market the outstanding stock , they decide how many any shareholder could get. they are looking always to increase their own business but if the company say that after redemption you must own less than 80% of his percentage ownership, its not common , nobody could get less even 50% of his own outstanding shares stock.

7 0
3 years ago
If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double
Troyanec [42]

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

5 0
3 years ago
an investor has $50000 that she wishes to invest for her child's college expenses, which the child starts next year. The most su
dezoksy [38]

The investment option that the client should go with to pay the child's college expenses is a. treasury bills.

<h3 /><h3>Why should treasury bills be used?</h3>

Treasury bills have a short term lifespan of less than a year which means that they mature in a short period of time.

The investor can invest in treasury bills and be able to access them by the time the child starts in school the next year.

Options for the question are:

a. treasury bills

b. intermediate-term bonds maturing in 5 years

c. long-term bonds of blue chip companies maturing n 10-30 years

d. a mutual fund based on the S&P 500 index

Find out more on treasury bills at brainly.com/question/14604863

#SPJ1

3 0
2 years ago
Read 2 more answers
A delivery company spent $3,500 last week upgrading one of its trucks. This week the company is trying to decide if this upgrade
rjkz [21]

Answer:

Sunk cost

Explanation:

The sunken cost is the expense previously incurred that will not be compensated in future. Plus, it's also called past expense.  

The cost at the time of decision-making is not significant and it should be ignored.

In the given question, the $3,500 spent which is not now recovered and hence represents the sunk cost

3 0
3 years ago
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