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lyudmila [28]
3 years ago
10

Troy, who is 18, offers to sell Jenna, who is also 18, his car for $5,000. Jenna accepts Troy's offer, but only agrees to pay $4

,500 for the car.
Which of the following contract elements has not been met?
a. Contractual Capacity.
b. Offer.
c. Acceptance.
d. Legality.
Business
1 answer:
serg [7]3 years ago
3 0

Answer:

correct answer is c. Acceptance

Explanation:

given data

Troy age =  18

Jenna age = 18

offer price = $5,000

acceptance price   = $4,500

as we know for contract 2 main condition should be fulfill that is Offer and acceptance

and here Offer is provided by Troy in contract

but acceptance from any other person accept offer as it is accepted as offer itself so we can say contract is valid

but here no any acceptance in this contract rather than it is counter offer

so correct answer is c. Acceptance

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Which of the following is a process by which investment bankers purchase new securities directly from the issuing company and re
sattari [20]

Answer:

B) Underwriting. 

Explanation:

6 0
2 years ago
Your total sales during a six-hour shift were $1,200. Your individual performance in terms of sales per hour would be:
Anit [1.1K]

Answer:

b. $200

Explanation:

The computation of the individual performance is shown below:

= Total sales ÷ number of shift hours

= $1,200 ÷ 6 hours

= $200

It means that per hour, the individual performance is $200

We simply divide the total sales by the number of shift hours, so that the sales per hour can determined

It shows a relationship between the total sales and the number of shift hours

4 0
3 years ago
Radon Corporation manufactured 34 comma 10034,100 units during March. The following fixed overhead data pertain to​ March:
Llana [10]

Answer:

$38,750 Favorable

Explanation:

Fixed overhead absorption rate:

= Fixed Overhead Costs for March (static budget) ÷ Production(static budget)

= $387,500 ÷ 31,000

= 12.5 per unit

Fixed overhead production−volume ​variance:

= Amount actually applied - Amount budgeted

= (12.5 × 34,100) - $387,500

= $426,250 - $387,500

= $38,750 Favorable

                                                                                     

3 0
3 years ago
The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of op
Lorico [155]

Answer:

Option (d) : $24.8 and $15.7

Explanation:

As per the data given in the question,

Number of units produced = 10,000

Number of units sold = 6,000

Cost per unit = Amount/ 10,000

                                                               Absorption            Variable  

Direct material                                                $5.2                 $5.2

Direct Labor                                                    $8                     $8

Variable manufacturing overhead                  $2.5                  $2.5

Fixed manufacturing overhead                       $9.1                  $9.1

Unit product cost                                           $24.8                $15.7

4 0
2 years ago
The only way a firm can increase its profits is to increase its sales revenue.
djverab [1.8K]
Hi there! The answer is B. False

Increasing its sales revenue is NOT the only way a firm can increase its profits.

A firm can also increase its profit by reducing its total costs. When the sales revenue stays the same and the total cost decreases, the revenue will increase (without an increasing sales revenue).
5 0
3 years ago
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