1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The following payoff matrix shows the profit (in
Ann [662]

Answer:

Flashfone and Pictech

a. If Flashfone prices high, Pictech will make more profit if it chooses a (high,low) __low___ price, and if Flashfone prices low, Pictech will make more profit if it chooses a(high,low)___low____ price.

b. If Pictech prices high, Flashfone will make more profit if it chooses a(high,low)__low____price, and if Pictech prices low, Flashfone will make more profit if it chooses a (high,low) __low____ price.

c. Considering all of the information given, pricing high (is, is not) _is not_ a dominant strategy for both Flashfone and Pictech.

Explanation:

a) Data and Calculations:

                                 Pictech Pricing

                                     High        Low

Flashfone Pricing High 11, 11        2, 18

                             Low  18, 2      10, 10

b) A dominant strategy exists if Pictech or Flashfone would implement a particular strategy that benefits it no matter what the other firm does.

3 0
2 years ago
James has a marginal tax rate of 24%. He suddenly realizes that he neglected to include a $7,000 tax deduction. How will this ov
Alex17521 [72]

Answer:

hmhgdmthde

Explanation:

7 0
3 years ago
A study conducted by Yahoo! revealed that chocolate is the most popular flavor of ice cream in America. Now, Suppose a severe dr
Ilia_Sergeevich [38]

Answer:

a. does not shift

b. shifts to the left

c. increases

a. decreases

Explanation:

As a result of the drought affecting the supply of cream, the supply of chocolate would fall. As a result, the supply curve would shift to the left. The demand curve would remain unchanged.

As a result of the leftward shift of the supply curve, the equilibrium price would increase and quantity would fall.

3 0
3 years ago
Troubleshooting differs from diagnosis in that _____.
tigry1 [53]
I believe it is the B. troubleshooting focuses on how to fix the problem
5 0
3 years ago
5. June sales were $27,000, while projected sales for July and August were $51,000 and $69,000, respectively. Sales are 60% cash
liraira [26]

Answer:

$41,400

Explanation:

The computation of the expected collections for July month is shown below:

Expected Cash collection for July = June Credit sales + July Credit sales

where,

June credit sales is

= $27,000 × 40%

= $10,800

And, the July credit sales is

= $51,000 × 60%

= $30,600

So, the expected collections for July month is

= $10,800 + $30,600

= $41,400

7 0
3 years ago
Other questions:
  • Factor Co. can produce a unit of product for the following costs: Direct material $ 8 Direct labor 24 Overhead 40 Total product
    11·1 answer
  • On January 1, 2020, ABC Company decided to begin accumulating a fund for asset replacement five years later. The company plans t
    10·1 answer
  • Suppose you have $19 to spend. pepsi costs $1 per can, and pizza costs $2 per slice. given the marginal utilities shown, what co
    5·1 answer
  • Pittsburg Resources acquired a coal mine for $6,000,000. The company’s survey estimates that 120,000 tons of coal can be extract
    12·1 answer
  • Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine
    9·1 answer
  • Your friend Ed refuses to use networking to get a job. He wants to get hired based on his merits and not on whom he knows. Do yo
    6·2 answers
  • The dollar votes of consumers ultimately determine the composition of output and the allocation of resources in a market economy
    11·1 answer
  • Current Forecast is 2500 units, current 1st shift capacity is 1300 units. Market growth rate is 10%. How much capacity do you ne
    7·1 answer
  • All of the following statements regarding brand loyalty are true except: Select one: a. the marketing costs of reaching loyal cu
    6·1 answer
  • What is the third rule to normalize a database?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!