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stiv31 [10]
2 years ago
10

Rough Hewn Lumber Company orally contracts with Joe for the purchase of five acres of Joe's timberland. Joe makes the transfer b

ut Rough Hewn does not pay the price. The lack of a written contract could bar enforcement of this deal. If so, Joe could most likely recover on a theory of
a. liquidated damages

b. quasi contract

c. reformation

d. restitution
Business
1 answer:
Reptile [31]2 years ago
7 0

Answer:

b. quasi contract

Explanation:

-Liquidated damages refers to a mechanism in a contract in which a party can request a compensation because of breach.

-Quasi contract is  an agreement that is recognised by a court when there is no written contract between two parties and there is a conflict about a payment of a product or service.

-Reformation is a change made by a court in a document when one party that participates in it makes a request.

-Restitution is when someone receives a compensation for a loss or an injury.

According to the options given and the definitions, the answer is quasi contract.

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5 0
1 year ago
Preparing to pay for higher education can start in 9th<br> grade or earlier by...
Anton [14]

Answer:

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Explanation:

8 0
3 years ago
What is a fixed rate?
Dovator [93]

Answer:

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The basis for Durkheim's theory of society is the principle that Select one: a. people are the products of their social environm
Molodets [167]

Answer:

a. People are the products of their social environment.

Explanation:

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In what ways do people cope with the problem of scarcity (5 sentence)​
lianna [129]

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7 0
3 years ago
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