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
Tanzania [10]
3 years ago
13

Arthur Rabe is suing Xavier Sanchez for breaching a contract in which Sanchez promised to sell Rabe a Van Gogh painting for $150

,000.
Required:
a. In this lawsuit, who is the plaintiff, and who is the defendant?
b. If Rabe wants Sanchez to perform the contract as promised, what remedy should Rabe seek?
c. Suppose that Rabe wants to cancel the contract because Sanchez fraudulently misrepresented the painting as an original Van Gogh when in fact it is a copy. In this situation, what remedy should Rabe seek?
d. Will the remedy Rabe seeks in either situation be a remedy at law or a remedy in equity?
e. Suppose that the court finds in Rabe's favor and grants one of these remedies. Sanchez then appeals the decision to a higher court. Read through the subsection entitled "Appellants and Appellees" in the appendix following this chap-ter. On appeal, which party in the Rabe-Sanchez case will be the appellant (or petitioner), and which party will be the appellee (or respondent)?
Business
1 answer:
OLEGan [10]3 years ago
7 0

Answer:

Remedies

a. The suing party is called the plaintiff. The party being sued is the defendant. Therefore, since Arthur Rabe wants to sue Xavier Sanchez. Rabe is the Plainttiff and Sanchez is the Defendant.

b. If Rabe wants Sanchez to perform the agreement as promised, Rabe would seek remedy of Specific performance of Contract from the Court. Failure to do so will attract charges.

c. If Rabe wants the contract to be cancelled, then Rabe would ask the court for a rescission which is the cancellation of a contractual obligation.

d. The term remedies refers to a legal means to enforce a right or redress a wrong. Remedies of law include land, items of value or money. Remedies in equity includes specific performance, injunction and rescission. Thus, both remedies in part b and c are remedies in equity.

e. The party appealing a case is called the appellant or petitioner while the appellee is the party against whom the appeal is taken. So Sanchez would be the appellant and Rabe would be the respondent.

You might be interested in
All of these are open-system characteristics except
NARA [144]
I think the correct answer from the choices listed above is option D. All of these are open-system characteristics except circular causation. It is a<span>n action that is controlled or affected by its own status-change or result . Hope this answers the question. Have a nice day.</span>
8 0
3 years ago
J. S. Bach's organ chorale prelude "Jesu, Joy of Man's Desiring" is an example of ______ texture.
drek231 [11]
The answer is "polyphonic" 

Hope this helps:)
3 0
3 years ago
Read 2 more answers
​Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $ 40 comma 000 i
notka56 [123]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The company forecast sales:

January= $40,000

Variable and fixed selling and administrative expenses are as​ follows:

Variable​ Expenses:

Power cost ​(30​% of​ sales)

Miscellaneous​ expenses: ​(5​% of​ sales)

Fixed​ Expenses:

Salaries​ expense= $10,000 per month

Rent​ expense: $5,000 per month

Depreciation​ expense: $1,200 per month

Power​ cost/fixed portion: $800 per month

Miscellaneous​ expenses/fixed portion: $1,200 per month

Total= $18,200

For January

Total variable cost= 40,000*0.3 + 40,000*0.05= $14,000

Total fixed cost= 18,200

Total cost= $32,200

6 0
4 years ago
Read 2 more answers
Examine the market for cell phone providers in South Africa and answer the questions that follow:
Bogdan [553]
The market structure that cellphone service falls into is an oligopoly. This is because telco service providers are only a few the barrier to enter the market is high. The companies can also achieve short run and long run profit. After price fixing, the oligopolist generated lesser total revenue.
6 0
3 years ago
Read 2 more answers
Mike norris was assigned as a business manager at an american mnc's russian subsidiary. in order to motivate his subordinates, m
Lady bird [3.3K]
In Russia, their workers are not usually free to use their own judgement especially the time when they are making decisions. Most of the time, the culture of Russia is being characterized by a distance that is a low power. But the Russia is very high nature individually.
5 0
4 years ago
Other questions:
  • If your medical supplies are $5,000 and you had 3900 patient visits during the year, what is your variable cost per patient visi
    6·1 answer
  • If lots of people want euros and euros are in short supply, and a few people want japanese yen and yen are in plentiful supply,
    13·1 answer
  • Question:
    5·1 answer
  • The Platinum Platform, in Dubuque, Iowa, sells high-quality, unique bedding that is a real value to upscale homes in the area. N
    10·2 answers
  • 1. If Merchandise Inventory decreases from the beginning to the end of the fiscal period, the adjusting entry includes a debit t
    6·1 answer
  • Charles, a manager in a multinational company, leads a team with people from various countries. Although he does not like certai
    8·1 answer
  • What type of industry would Tim Hortons and McDonalds be classified as?
    10·1 answer
  • The City of Oak Park constructed a new storage facility using the city's own public works employees. Construction costs were inc
    15·1 answer
  • High-Low Method, Cost Formulas
    9·1 answer
  • Similarities between commodity and money​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!