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kompoz [17]
4 years ago
12

Bob enters into a contract with jim and jen to build their new custom dream home in florida, and they agree on a price. before c

onstruction begins, a hurricane hits the florida coast, causing lumber to become scarce. bob is able to obtain lumber from texas at twice the itemized cost in the contract, and jim and jen agree to pay the difference. midway through construction, jim and jen change their minds and do not want to pay for the increased costs. the court will likely find the agreement is
Business
1 answer:
Damm [24]4 years ago
4 0
The court will likely find the agreement as a breach of contract. It is because one of the party decided to take back the agreement where they start to opposed, creating a breach of contract where one party does not follow what it says. Jim and Jen were the party that decided to disagree to the contract where they first agreed on with Bob.
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Assoli18 [71]

Answer: why do you hate this person so much

Explanation:

7 0
3 years ago
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A woman buys a house for a ​$320000. She pays ​$40000 down and takes out a mortgage at 5.7​% for 20 years on the balance. Find h
sdas [7]

Answer:

PMT= 1957.850

Explanation:

For this case the total payment is $320000, and she pays $40000 so the remain amount to pay would be:

$320000-40000=$ 280000

For this case we assume that the annual interest rate is APR=5.7% =0.057 on fraction.

The total number of years are 20. For this case n represent the number of payments per year and since we have monthly payments then n =12.

In order to find the PMT we can use the following formula:

PMT= \frac{P(\frac{APR}{n})}{[1-(1+\frac{APR}{n})^{-nt}]}

On the last expression the APR needs to be on fraction and P represent the principal amount, for this case P = $280000. So if we replace we got:

PMT= \frac{280000(\frac{0.057}{12})}{[1-(1+\frac{0.057}{12})^{-12*20}]}

PMT= 1957.850

And we can verify this using the following excel function: "=PMT(0.057/12,12*20,-280000)"

3 0
4 years ago
In the context of the free market system, the computer business is an example of _____
mojhsa [17]

Answer:

Producer

Explanation:

in the free market system, Producer is an entity that turn raw materials or skills to  create goods or services and sell it to the market in order to obtain a profit.

Computer businesses are a good example of this.

They bought of various types of materials (such as steel, glass, silica sand, iron ore, gold) and transform it into finished products such as a monitor, processor, Audio board, etc.

Some computer businesses also focus on creating software. Rather than raw materials, they utilize coding skills of their employees to create the product and sell it to the market.

7 0
3 years ago
Which of the following is one of the value gaps that can undermine customer experiences and can damage relationships?
s2008m [1.1K]

Answer:

Service Quality Gaps

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Service Quality simply refers to the level of satisfaction a customer gets from a service.

Therefore, Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.

This is because, based on the level of customer satisfaction, a relationship could be built or destroyed.

5 0
3 years ago
Blank include long term investments such as real estate and retirement savings
frutty [35]

A capital market is the market that include long term investments such as real estate and retirement savings.

<h3>What is a capital market?</h3>

This refers to financial system that is particularly concerned with raising capital by dealing in shares, bonds, and other long-term investments.

Hence, because real estate and retirement savings forms part of long-term investments, they are part of capital market.

Read more about capital market

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8 0
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