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Alex777 [14]
3 years ago
14

On may 1, newtown motors, a used-car dealer, wrote a letter to o'reilly, which stated, "we have a 1969 pontiac firebird in mint

condition that we will sell you for $12,500 at any time before june 1. [signed] newtown motors." by may 15, having heard nothing from o'reilly, newtown motors sold the firebird to another party. on may 25, o'reilly told newtown motors that he accepted the offer and tendered $12,500. when newtown motors told o'reilly it had sold the car to another party, o'reilly claimed newtown motors had breached their contract. is newtown motors in breach? explain.
Business
1 answer:
Studentka2010 [4]3 years ago
6 0
<span>I don't think there was any official contract set in place. It says they wrote a letter and said they'd sell it before June 1st. However, this wasn't a contract. It was only a letter of information. No one had a contract so no contract could have been breached.</span>
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The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver
allochka39001 [22]

Answer:

Societal marketing

Explanation:

Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.  

It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.  

This market concept is closely related to the Corporate Social Responsibility (CSR)

So, According to the given definition, the most appropriate term is Societal marketing

6 0
3 years ago
The two most likely benefits realized from utilizing enterprise systems are improvements in ________. availability of informatio
Mazyrski [523]

Answer: availability of information and increased interaction throughout the organization

Explanation: An enterprise systems is described as an integrated suite of business applications for virtually every  department, process, and industry, that allows companies and organizations to integrate information across  operations on a company-wide basis by the use of one large database and as a result, there is an upward increase in the availability of information which leads to increased interaction across departments, processes, and industries throughout the organization.

6 0
3 years ago
What are the portfolio weights for a portfolio that has 148 shares of Stock A that sell for $35 per share and 110 shares of Stoc
Svetllana [295]

Answer:

Weight A= 0.6624

Weight B= 0.3376

Explanation:

From the question above,

Stock A has 148 shares at $35

Stock B has 110 shares at $24

The first step is to calculate the total amount of value

= 148($35)+110($24)

= $5,180+$2,640

= $7,820

Therefore the weight of each stock can be calculated as follows

Weight A= 148($35)/$7,820

= $5,180/$7,820

= 0.6624

Weight B= 110($24)/$7,820

= $2,640/$7,820

= 0.3376

Hence the portfolio weights are 0.6624 and 0.3376 respectively.

6 0
3 years ago
Without a strong legal systems in a market economy:
STALIN [3.7K]

Answer:

<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>

Explanation:

  • As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.  
  • Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.
  • Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.
5 0
4 years ago
Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
Murrr4er [49]

Answer:

$52,800

Explanation:

The computation of the increase or decrease in net income is shown below:

Particulars         Reject            Accept        net income or decrease

Revenue

(6,000 × $30)                          $198,000    $198,000

Less:

Cost

($6,600 × ($21 + $1)              $145,200     -$145,200

Net                                        $52,800       $52,800

Since the amount comes in positive so the spcial order should be accepted

3 0
3 years ago
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