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sashaice [31]
4 years ago
15

Cozette hires Baldrick to cook dinner for her family three nights per week for an entire year. Nine months into the agreement, B

aldrick dies of food poisoning. Baldrick’s estate sues Cozette for Baldrick’s salary for the rest of the year. What result?
a. The agreement will be discharged due to true impossibility.
b. The agreement will be enforced unless the suit violates the statute of limitations.
c. The agreement will be discharged due to frustration of purpose.
d. The agreement will be enforced because it is not commercially impracticable.
Business
1 answer:
Bezzdna [24]4 years ago
3 0

Answer:

a. The agreement will be discharged due to true impossibility.

Explanation:

Since in the question, it is given that Baldrick was hired for three nights per week for an entire year. Due to food poisoning, he dies after nine months of agreement.  

So, it is a contract in which two parties are involved which bound them to perform their dues and responsibilities.  

Since he died so automatically the contract lapse because of true reasons or impossibility  as it is impossible to fulfill the contract.

Hence, option A is correct.

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Light Force Inc. produces and sells lighting fixtures. An entry light has a total cost of $180 per unit, of which $100 is produc
lions [1.4K]

Answer:

Total mark up= 45%

Explanation:

Giving the following information:

An entry light has a total cost of $180 per unit, of which $100 is product cost and $80 is selling and administrative expenses. Also, the total cost of $180 is made up of $110 variable cost and $70 fixed cost. The desired profit is $45 per unit.

If $100 is the product cost, and $45 is the desired mark up:

100=100%

45= ?  = (45/100)= 0.45= 45%

8 0
3 years ago
In jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend bes
Stella [2.4K]
In Jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend best reflects to how an individual interprets and reacts to tasks, resulting in different patterns of cognition, affect and behavior. 
3 0
3 years ago
Which laws or regulations require mortgage lenders to disclose financing costs and annual percentage rate to a borrower before f
lakkis [162]

Answer:

The Truth in Lending Act (TILA)

Explanation:

TILA was passed in 1968 in an attempt to protect loan consumers from unfair practices carried out by lenders. TILA requires lenders to disclose the credit terms in a simple and understandable manner so that potential consumers can compare credit terms offered by different lenders. The information disclosed must include the loan's APR, principal, finance charges, payment schedule and monthly payments.  

TILA applies to most types of consumer credit, including car loans, home mortgages, credit card, home equity loans, etc.

8 0
4 years ago
Cullumber, Inc. produces three types of balloons—small, medium, and large—with the following characteristics: Small Medium Large
VikaD [51]

Answer: Small Balloons - 600 units

Medium Balloons - 0 units

Large Balloons - 467 units

Explanation:

To solve this question, the Contribution margin per hour must be ascertained to find out which product is manufactured more efficiently in relation to machine hours.

Small Balloon.

= Contribution margin per unit/ Machine hours per unit

= 3/1

= 3

Medium Balloon.

= Contribution margin per unit/ Machine hours per unit

= 3/2.4

= 1.25

Large Balloon

= Contribution margin per unit/ Machine hours per unit

= 4/3

= 1.33

From the above we can rank the most efficient.

Efficiency Ranking

Small Balloon - 1

Large Balloon - 2

Medium - Balloon 3

As a rule, it is better that a company produces goods it is more efficient at first,

Small Balloons will be produced first and have a demand of 600 units.

With a cost of 1 unit therefore, producing 600 would be,

= 600 * 1

= 600 machine hours.

With Small Balloons taking 600 hours and with a limit of 2,000 hours we are left with,

= 2,000 - 600

= 1,400 hours.

Next in production is Large Balloons at a demand of 880 units with each unit costing $3,

= 880 * 3

= 2,640 machine hours

Seeing as we only have 1,400 machine hours left all these hours will be converted to used for Large Balloons which means the following number of units will be produced,

= 1,400/3

= 466.67

= 467 units.

The Company should produce in the following order to maximise its total contribution margin.

Small Balloons - 600 units

Medium Balloons - 0 units

Large Balloons - 467 units

5 0
3 years ago
The medical assistant should place the caller on hold for medical emergencies<br> True<br> False
Hoochie [10]

Answer:

False

Explanation:

Its an emergency theres no time to wait.

6 0
3 years ago
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