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Masja [62]
4 years ago
13

Erin promises to pay her friend Stephanie$10,000 if Stephanie refrains from eating any foods that contain animal products. Steph

anie agrees, performs her part of the bargain, and asks for the money. Erin refuses to pay, saying there was no valid consideration and therefore the agreement is unenforceable. Is there an enforceable contract between Erin and Stephanie (in other words, was there valid consideration)?
Business
2 answers:
Dmitrij [34]4 years ago
8 0

Answer:

Yes

Explanation:

There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.

There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.

Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.

Jobisdone [24]4 years ago
4 0

Answer: The definition of transgender encompasses many people and is constantly changing.

Explanation:

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Home countries can adopt policies designed to both encourage and restrict FDI. Host countries try to attract FDI by offering inc
alexira [117]

Answer:

Determining whether the scenario represents a benefit or cost to the home or host country, and then matching it to the appropriate place:

a. Outflow of earnings from a foreign subsidiary

Host-country cost

Home-country benefit

b. Loss of jobs

Home-country cost

Home-country benefit

c. Host country limits profit expatriation

Host-country benefit

Home-country cost

d. Transfer of new technology

Host-country benefit

Home-country cost

e. Loss of local entrepreneurship

Host-country cost

Home-country benefit

Explanation:

a) Data:

1. Host-country benefit

2. Home-country benefit

3. Host-country cost

4. Home-country cost

b) Foreign Direct Investments (FDI) are beneficial to the host country in many ways.  Some of the established benefits are economic growth stimulation, increased human resource development, transfer of finance and technology, and increased exports.  However, these benefits do not come without some costs.  Human and natural resources may be exploited without noticeable improvements.  Others include hindrance of domestic investments and entrepreneurship, risk of political changes, and negative influence of exchange rates.

5 0
3 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
klasskru [66]

If the required return on Computech is 18% the value of the stock in today's calculation is $11.77

<h3>What is the growth rate of a stock?</h3>

This is the percentage change of the stock based on the annualized growth rate over a period of time.

D3 = $0.75

D4 = 0.75 x 1.49 = $1.1175

D5 = 1.1175 x 1.49 = $1.665075

D6 = $1.665075 x 1.10 = $1.8315825

At a growth rate of 10 percent

\frac{D6}{R-G}

1.8315825/0.18-0.10

= $\frac{0.75}{1.18^3} +\frac{1.1175}{1.18^4} +\frac{1.665075}{1.18^5} +\frac{22.89478125}{1.18^5} \\

= 0.456473 + 0.576394 + 0.7278196 + 10.0075198

= $11.77

The value of this stock today is  $11.77

Read more on stocks here: brainly.com/question/25818989

7 0
3 years ago
You go to the movie theater to see the latest release by your favorite actor. You quickly realize the movie is not very good, bu
maksim [4K]

Answer:

Sunk cost

Explanation:

The sunk cost is the cost already incurred that will not be recovered in the future. Plus, it's also called past expenses.  

This expense is not considered at the time when the decisions are taking  and it should be neglected as it is not relevant at the time of the decision-making process

In the given scenario since the amount already spent for a movie ticket and for popcorn and we know that we cannot recover now so it would be termed as a sunk cost

7 0
4 years ago
Sanchez &amp; Company produces paints. On July 1st it had no work in progress inventory. It starts reduction of 150,000 gallons
True [87]

Answer:

transferred-out:    $  300,000

ending inventory  $     12,000

Explanation:

Stareted:      150,000 gallons

Completed: (120,000) gallons

Ending WIP    30,000 gallons

Ending WIP: 16% complete

<u />

<u>Cost: </u>

materials             137,000

conversion cost 175,000

Total cost:           312,000

We aren't given with an indicator about the 16% is for materials or conversion, so we assume is fro both cost.

<u>Equivalent units:</u> 120,000 complete + 30,000 x 16% = 124,800

Cost per equivalent unit: $312,000 / 124,800 = $2.5 per unit

transferred-out: 120,000 gallon x $ 2.5 per gallon = $300,000

ending inventory 30,000 gallon x 16% completion x $ 2.5 per gallon = $12,000

8 0
3 years ago
Vibgyor Inc., a manufacturer of smartphones, has entered into a 15-year partnership with a software company to develop sophistic
Wittaler [7]

Answer: b. A Strategic Alliance

Explanation:

A Strategic Alliance refers to two or more entities agreeing to work together and involves them sharing their resources, knowledge, and capabilities to develop a superior product or other objectives that might not be tangible.

The Companies will remain independent while this is done.

The relationship between Vibgyor and the software company can therefore best be referred to as a Strategic Alliance.

4 0
3 years ago
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