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Mariana [72]
3 years ago
8

Trudy owed Sam $40 for a book she purchased from him. Trudy mowed Betty's yard for $40 and agreed with Betty that Betty would pa

y Sam for the book. Sam is not initially aware of the agreement. Betty pays no one. Trudy also mowed Bob's yard for $40 in return for Bob's agreement to give the payment to Sally representing Trudy's birthday present to Sally. Bob later refuses to do so saying that promises to give gifts are not enforceable. He then moves out of town. Trudy tells both Sam and Sally that she is broke, that Sam needs to get his $40 for the book from Betty, and that Sally is owed $40 from Bob for her birthday present.
Which of the following would be the likely result if Sam sues Trudy for the $40 she owes him for the book?

A. Sam will win but only because the contract was for an amount under $1,000.
B. Sam will win but only because he was not aware of the assignment.
C. Sam will win because Trudy cannot avoid her obligations through a delegation.
D. Trudy will win because she delegated the duty of payment to Betty.
E. Sam will win only if Betty cannot be found for service of process.
Business
1 answer:
Sveta_85 [38]3 years ago
4 0

Answer:

C. Sam will win because Trudy cannot avoid her obligations through a delegation.

Explanation:

If Sam sues Trudy for the $40 she owes him for the book then, Sam will win because Trudy cannot avoid her obligations through a delegation.

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Imagine that you have invented a new snack food product and would like to market it to college students. What are some of the ad
valentina_108 [34]

Explanation:

An advertising message to be attractive and generate the desired effect, it must reach its potential audience through communication aligned with the interests and desires of the potential audience.

Firstly, as the potential audience is students, it would be ideal to use an advertising communication channel such as social media, where there is a large presence of young people.

It is ideal that advertising involves elements of student culture to generate identification, desire and proximity to the potential audience, so a good choice would be to develop a campaign that involves the product with sports for example, the snack company could be more involved with the culture students, such as sponsoring a college football team and advertising their brand at games, or distributing free snacks at college events.

5 0
3 years ago
Regina Henry deposited $20,000 in a money market certificates that provides interest of 10% compound and quarterly if the amount
Andrews [41]

Answer:

Regina: Final amount=$62,769

Will Smith: Present value:  $213,216

Explanation:

Regina:

Compound quarterly means that each quarter of the year ( every three months) she will receive a 10% interest rate of her deposit. To convert this periodic rate to an annual rate( because the problem ask you about years) you use this formula :

Annual rate= ((1+Periodic rate)^(# periods))-1

In this case the number of periods means the number of quarters a year have, which is 4

Annual rate= ((1+10%)^(4))-1= 46.41%

To find the final amount Regina has after 3 year we use this formula:

Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))

FC= $20,000*[(1+46.41%)^3]

FC=$62,769 I attached an excel figure which shows a more detailed data.

Will Smith

Semiannually means that every 6 months Will Smith will receive a 12% interest rate of the initial investment. To convert this periodic rate to an annual rate you use the same above formula:

Annual rate= ((1+Periodic rate)^(# periods))-1

In each year Will will receive twice the interest rate over the initial investment

Annual rate = ((1+12%)^(2))-1

Annual rate= 25.44%

The present value of $80,000 from now to 5 years is calculated using the formula attached, but I used Excel. First you have to copy all the cash flows of the 5 years. Then, you set the interest rate that in this case is the one that you found above( 25.44%). Finally you use the financial formula "NPV" in this way:

"=NPV(25.44%;C4:C8)" I used C4:C8 because in those excel cells i copied the cash flows.

I got that the present value of this amount is $213,216

5 0
3 years ago
determine and describe ten best practices for managers competing in the global environment, challenged with diversity, global ec
JulsSmile [24]

The correct answer to this open question is the following.

For me, the ten best practices for managers competing in the global environment, challenged with diversity, global economics, and social responsibility would be the following, in no particular order.

1.- Understanding the global world.

The world is no separated by frontiers. Globalization is here to stay. Trade is the best example.

2.- Solid leadership.

Managers have to turn into leaders to be able to teach, coach, and direct the organization.

3.- Cultural Diversity.

Different people's backgrounds will enrich the company and its processes.

4.- Support and engage employees.

The leader has to be backed by loyal and committed employees to confront difficult issues.

5.- Embrace change.

Change is the constant in a global world. Accept it and take the initiative.

6.- Reward and motivate employees.

If players believe in the leader, they are going to believe in the system. As simple as that.

7.- Create an international team.

Bring the foreign experts to your company. They have different approaches and perspectives.

8.- Innovation.

Invest in research and development. Innovation has many advantages.

9.- Accept the benefits of technology.

The digital world has changed the way to do business in the world.

10.- Constantly Travel.

Travel to learn how people live in your different markets. What they like and dislike, how they think, what can capture their attention.

5 0
3 years ago
True or false: If Dogs R Us overstates ending inventory on the balance sheet, then total equity on the balance sheet will be ove
ANEK [815]

Answer:

True

Explanation:

The statement is true

6 0
2 years ago
The following transactions occurred during May, the first month of operations for Hunter Products, Incorporated: Issued 50,000 s
NemiM [27]

Answer:

$247,000

Explanation:

Calculation to determine the total of Hunter Products' liabilities at the end of May

Total of Hunter Products' liabilities=(400,000-150,000) - 60,000 + 63,000

Total of Hunter Products' liabilities=250,000 - 60,000 + 63,000

Total of Hunter Products' liabilities=$247,000

Therefore the total of Hunter Products' liabilities at the end of May will be $247,000

8 0
2 years ago
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