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lorasvet [3.4K]
2 years ago
11

On Monday, Neil tells Outdoor Landscaping, Inc., that he will pay Outdoor $500 if a variety of tasks are completed by Friday. On

Wednesday, when Outdoor is more than half done with the work, Neil says that he has changed his mind. These parties had
Business
1 answer:
slamgirl [31]2 years ago
3 0

Available Options:

a. an expired contract when Neil said that he had changed his mind.

b. a bilateral contract when Neil said that he would pay for certain work.

c. a unilateral contract as soon as Outdoor began to perform.

d. no contract.

Answer:

Option C. A unilateral contract as soon as Outdoor began to perform.

Explanation:

In a unilateral contract, the acceptance of the contract is only based on the performing of the contract.

The term of the offer includes that the acceptance would be considered if the other party completes the contract which in this case, we can see that the Outdoor Inc has started performing the contract and by the end of Friday, would probably finish its task. If Neil breaches the contract here, then he would be liable to compensate Outdoor as the contract was unilateral.

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Answer:

The correct answer is "Location"

Explanation:

The location decisions are determinant of profitability in international business. The Company's selection on where to assemble and manufacture the product can determine the success of the business. Some countries are cheaper to produce for the workforce, exchange rate, taxes...

5 0
3 years ago
A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools
marishachu [46]

Answer:

Break-even point in dollars= $36,364

Explanation:

Giving the following information:

A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. The fixed cost for the firm is $20,000.

To calculate the break-even point in dollars for the firm, we need to use the following formula:

Break-even point (dollars)= Total fixed costs / [(weighted average selling price - weighted average variable expense)/ weighted average selling price]

weighted average selling price= (selling price* weighted sales participation)= $50

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (25*0.5 + 20*0.50)= $22.5

Break-even point in dollars= 20,000/ [(50 - 22.5)/ 50]= $36,364

4 0
3 years ago
You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a
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Answer:

No. The classified document should not be shared with Carlos

Explanation:

Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.

6 0
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Should a president be held responsible for an underperforming economy?
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Yes he should be because people had higher expectations
3 0
3 years ago
When scheduling the audit work to be performed on an engagement, the auditors should consider confirming accounts receivable bal
Dvinal [7]

Answer:

The correct answer is letter "B": Internal control over receivables is good.

Explanation:

Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.

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3 years ago
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