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
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

You might be interested in
Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI
makvit [3.9K]

Answer:

The correct answer is option c.

Explanation:

The nominal interest rate was 5 percent.

The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.

The 5% nominal interest rate means that the dollar value of savings increased at 5%.

Inflation rate

= \frac{(150.3 - 144.2)}{144.2}

= 0.0423 or 4.2%

The real interest rate

= Nominal interest rate - rate of inflation

= 5 - 4.2

= 0.8%

The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.

3 0
3 years ago
Patagonia managers look for employees who actively participate in the sport they design products for (i.e. a surfboard shaper ha
pochemuha

Answer:

job requirements or qualifications

Explanation:

Job requirements or qualifications refers to the set of skills, abilities, work experience, educational background, hobbies, etc., that the company considers are necessary for a candidate to possess in order for him/her to successfully perform the tasks related to the job opening.

In this case, Patagonia uses personal hobbies and lifestyle as part of their requirements for applying for a job, other companies might focus more on leadership skills, education, experience, but it depends on the type of product or service that the company sells.

4 0
3 years ago
What should you do when planning for college?
Vsevolod [243]

Answer:

a way to get a large amout of money (legally) to pay off the debt

more money for a place to live

and even more money to get food and other impoartant things to live

Explanation:

an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede

and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank

7 0
2 years ago
A current liability is a debt that is reasonably expected to be paid a. out of cash currently on hand b. within one year c. out
ELEN [110]

Answer: within one year

Explanation:

Current liabilities are the liabilities that are incurred by a firm and must be settled within a year.

Typically, the current liabilities are settled by using the current assets. Examples of current liabilities are the accounts payable, noted payable, dividends and the short-term debt.

4 0
3 years ago
In a given amount of time John can produce either 40 pounds of vegetables or 10 pounds of chicken. In the same amount of time Ge
aleksandrvk [35]

Answer:

Ten pounds of chicken to trade for at least <u>40</u> pounds of vegetables but not more than<u> 50</u> pounds of vegetables

Explanation:

                  Vegetables        Chicken        Trade Off Ratio

John             40                     10                4:1 (40/10) or 1:0.25 (10/40)

George          25                      5                 5:1 (25/5) or 1:0.20 (5/25)

John has comparative advantage in Chicken and George has comparative advantage in Veggies because :

  • John's chicken opportunity cost, in veggies < George (4<5). George's veggies opportunity cost, in chicken < John (0.20<0.25).
  • George is more (5X) productive in veggies than chicken, than John (4X). John is less unproductive in chicken than veggies (1/4th), compared to George (1/5th).  

So,  John will sell Chicken to George & George will sell veggies to John. Gains from trade are when each get trade ratio better than their their own trade off ratio.

  • It implies: John gets >' 4 pounds veggies per chicken pound' and George gets > '0.20 pound chicken per veggie pound'.
  • Unitary method:-  '1chicken : 4veggies' = '10chickens : 40veggies' and '0.20chicken : 1veggie' = '10chickens : 50 veggies' .

7 0
3 years ago
Other questions:
  • The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of output 1.2 Standard variable o
    5·1 answer
  • If you were opening a checking account at a local bank, what services would you expect your bank to provide?
    7·1 answer
  • Motor vehicle drivers paying for the full cost of the harmful effects of fossil fuel use is the application of the ____.
    13·1 answer
  • Retail Music, Inc., offers to buy from Super Products Corporation (SPC) 1,000 blank CDs of a certain brand. Without notifying Re
    14·1 answer
  • Answer this please please
    7·1 answer
  • What is the var of a 10 million portfolio with normally distributed returns at the 5% VaR? Assume the expected return is 13% and
    15·1 answer
  • You plan to save $6,500 per year for the next 8 years. After the last deposit, you will keep the money in the account for 6 more
    11·1 answer
  • Zephyr Inc., a manufacturer of electronics products, is planning to release a new product into the market. They are hoping to ta
    11·1 answer
  • In deciding on a legal form of organization, you should ask yourself all of the following questions except______________
    10·1 answer
  • Orange manufactures orange juice. last month's total manufacturing costs for the operation included:_______
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!