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
zhannawk [14.2K]
3 years ago
9

Twenty-two-year-old Chad has just graduated from college. He wants to buy a new car to celebrate. He expects to be able to make

payments through his new job. His parents tell him that they will help him out, if he has difficulty making payments down the road, so he buys the car. Shortly thereafter, he loses his job, and can’t make the car payment. He tells the dealer that his parents have agreed to cover for him, but they have had unexpected home repair expenses, and it would be a hardship for them to cover for Chad. Which of the following is true?A. The dealer cannot legally require the parents to make the payment.B. The dealer can legally require the parents to make the payment.C. Only Chad can legally require his parents to make the payment.D. none of the above.
Business
1 answer:
Nady [450]3 years ago
4 0

Answer:

A. The dealer cannot legally require the parents to make the payment.

Explanation:

According to the law the dealer cannot legally require the parents to make the payment because the merchandise is not legal, therefore there is no legal contract.

You might be interested in
Drag the tiles to the correct boxes to complete the pairs.
Sonbull [250]

Answers:

F h Garvey

Explanation:

Dfffd

4 0
2 years ago
How many people can fit into the pentagon, which was once the largest office building in the world? assume that everybody must b
ioda

The Pentagon is the world's largest office building, with about 6,500,000 sq ft (600,000 m2) of space, of which 3,700,000 sq ft (340,000 m2) are used as offices. Some23,000 military and civilian employees, and another 3,000 non-defense support personnel, work in the Pentagon.

Further Explanation:

5 sides to the Pentagon:

The structure was initially intended to fit onto a tract of land with fringes on five sides. At last, it was constructed somewhere else, at a site where a pentagonal shape was never again basic. Be that as it may, when of this area change, it was past the point where it is possible to think of another plan. So it stayed a pentagon.  

What occurs at the Pentagon:  

The Pentagon is the central command of the United States Department of Defense. As an image of the U.S. military, the expression The Pentagon is frequently utilized as a metonym for the Department of Defense and its administration.  

Pentagon without a visit:  

You needn't bother with a ticket to enter the remembrance and there is no security check, however officials of the Pentagon Police power are on obligation and can do spot checks whenever.

Subject: business

Level: High School

Keywords:  5 sides to the Pentagon, What occurs at the Pentagon, Pentagon without a visit.  

Learn more about evolution on:

brainly.com/question/11864374

brainly.com/question/10797267

3 0
3 years ago
Read 2 more answers
Clever Computers has a five-day workweek and pays the office staff $3,050 each week. If the month ends on a Thursday, the adjust
Oksana_A [137]

Answer: The correct answer is b.$3,050.

Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.

When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.

4 0
3 years ago
g Which of the following are the three factors used to determine a company's credit rating? Its current ratio, its debt-to-equit
NISA [10]

The three factors used to determine a company’s credit rating are its current ratio, its debt-to-equity ratio, and its interest coverage ratio.

<u>Explanation:</u>

  • A credit rating comes in the list of the company’s annual performance targets. It helps to decide the company’s current year progress.  
  • A company’s debt-to-equity ratio is used to know the debt of a company as compared to the total equity. If this ratio is high, the company is taking on much debt.  
  • The current ratio marks a way to compute the liquidity of the company. It shows how well a firm is placed to meet the short term obligations. Broadly, a 2-1 ratio is considered a good ratio.
  • The interest coverage ratio tells how well the company may pay its future loan payments. If the ratio is higher than 3-to-1, it suggests that the company is in a good position to make future payments.   

8 0
3 years ago
A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provi
pickupchik [31]

Complete Question:

A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. Which is the BEST recommendation?

Group of answer choices.

A. Mid-cap common stock

B. Municipal bond

C. Bank CD

D. Treasure STRIPS

Answer:

C. Bank CD

Explanation:

In this scenario, a 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. A Bank certificate of deposit (CD) is the best recommendation.

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

<em>Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.</em>

4 0
3 years ago
Other questions:
  • Match each of the following characteristics or scenarios with either the term negative externality or the term positive external
    13·1 answer
  • You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R
    13·1 answer
  • What does an exchange rate tell you?
    15·2 answers
  • Which element of the Word window allows a user to see the size percentage, number of pages, and number of words in the document?
    13·2 answers
  • award a scholarship of $30,000 each year. The family wants the yearly awards to continue indefinitely. Assume that the fund will
    15·1 answer
  • An _____________ is a probable economic benefit obtained or controlled by a particular entity as a result of past transactions o
    10·1 answer
  • Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is ava
    13·1 answer
  • When negotiating a business acquisition, buyers sometimes agree to pay extra amounts to sellers in the future if performance met
    7·1 answer
  • Condensed financial data of Monty Company for 2020 and 2019 are presented below.
    8·1 answer
  • Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!