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3 years ago

8

Peter contracted with Abe to buy his motorcycle. Peter thought he had bought the 2011 motorcycle, but Abe had intended to sell h

is 1990 motorcycle. Since both parties were mistaken about a material term of the contract, this is called a(n) ____.

1 answer:

Molodets [167]3 years ago

6 0

Answer:

This is called a MUTUAL MISTAKE

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1 year ago

A study by john austin and colleagues increased safe practices in roofers by providing those who followed safe practices at leas

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3 years ago

A department store sells refrigerators from four manufacturers: 40% from Company A, 25% from Company B, 15% from Company C, and

Rufina [12.5K]

Answer:

A: 0.1475 , B: 0.3389

Explanation:

a. Probability Refrigerator purchased from store lasts more than 15 years :

Prob(refrigerator purchase from A) and Prob(refrigerator from A life > 15 years) + .........Prob(refrigerator purchase from D) and Prob(refrigerator from D life >15 years)

(0.40x0.1)+(0.25x0.20)+(0.15x0.05)+(0.20x0.25) = 0.04+0.05+0.0075+0.05 = 0.1475

b. Refrigerator last > 15 years given , Probability it is from B :

[ Prob (B Purchase) . Prob (life > 15, given from B) ] / Prob (Life > 15)

P (B/15) = [P(B).P(15/B)] / [P15] {Bayes Theorum}

= [(0.25)(0.20)] / 0.1475 = 0.05 / 0.1475

= 0.3389

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3 years ago

Question Number 4) A tool The Weather Channel uses to tell them what are the key elements of the role and what is the compensati

Sladkaya [172]

Answer:

I believe is the correct answer

Explanation:

weather indicator(s)

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2 years ago

Flannigan Company manufactures and sells a single product that sells for $600 per unit; variable costs are $318. Annual fixed co

ch4aika [34]

Answer:

See below

Explanation:

Computation of target pretax

Break even point (Target profit)

= (Fixed cost + Target profit) × Selling price / Contribution margin

= ($991,700 + $1,235,000) × $600 / $600 - $318

= $2,226,700 × $600 / $282

= 4,737,659.57

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2 years ago