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
Elodia [21]
3 years ago
8

Nori files a suit against Mica to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds.The

court could enforce such a contract if:________
A) Nori foreseeably and justifiably relied on Mica's promise to her detriment.
B) Mica denies the existence of any contract.
C) neither party has begun to perform.
D) the deal does not involve customized goods.
Business
1 answer:
vlada-n [284]3 years ago
8 0

Answer: A. Nori foreseeably and justifiably relied on Mica's promise to her detriment.

Explanation:

From the question, we are informed that Nori files a suit against Mica to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds.

The court could enforce such a contract if Nori foreseeably and justifiably relied on Mica's promise to her detriment.

You might be interested in
A monopolistic seller of sports cars has traced out the following demand curve: 10 customers have willingness to pay (WTP) of $1
Romashka [77]

Answer:

The answer is: 1) II > I > III

Explanation:

<u>Pricing scheme I: $2 million profit</u>

  • Price $150,000
  • Contribution margin = $150,000 - $50,000 = $100,000
  • 35 units sold x $100,000 = $3.5 million
  • profit = $3.5 million - $1.5M = $2 million

<u>Pricing scheme II: 2.25 million profit</u>

  • Price $200,000
  • Contribution margin = $200,000 - $50,000 = $150,000
  • 25 units sold x $150,000 = $3.75 million
  • profit = $3.75 million - $1.5M = $2.25 million

<u>Pricing scheme III: $1.5 million profit</u>

  • Price $250,000
  • Contribution margin = $250,000 - $50,000 = $200,000
  • 15 units sold x $200,000 = $3 million
  • profit = $3 million - $1.5M = $1.5 million

8 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2015, the company's board of di
faust18 [17]

Answer:

<u>The journal entry will be as follow:</u>

Dec 31th

Retained Earnings            200,000 debit

Stock Dividends Payable      200,000 credit

to record declared stock dividends

Jan 20th

Stock Dividends payable    200,000 debit

         Common Stock                                    40,000 credit

         Additional paid-in                               160,000 credit

Explanation:

The company will issue 20% stock

100,000 shares x 20% = 20,000 shares

The company cost for this 20,000 will be the market value

20,000 shares x $10 = 200,000

This will be compare with the face value of the shares to calculate the adidtional paid-in:

20,000 sahres x $2 face value = 40,000 common stock

200,000 market value - 40,000 face value = 160,000 additional paid-in

<u>The journal entry will be as follow:</u>

Dec 31th

We declare the dividends against retained earnings, from there we will take the funds to pay the dividends

Jan 20th

The dividends will be paid with common stock so we write-off the dividdends payable again the issued stock and their aditioanl paid-in.

3 0
2 years ago
Read 2 more answers
Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,29
Ierofanga [76]

Answer:

1. $2,296

2. $19.58

3. Total labor cost = Fixed cost + (variable cost × employee hour)

Explanation:

The computations are shown below:

1. The fixed cost would be

= High labor cost - (High employee hours × Variable rate per hour)

= $10,324  - (410 hours × $19.58)

= $10,324 - $8,028

= $2,296

2. Variable rate per hour = (High labor cost - low labor cost) ÷ (High employee hours - low employee hours)

= ($10,324 - $6,800) ÷ (410 hours - 230 hours)

= $3,524 ÷ 180 hours

= $19.58

3. The cost formula would be

Total labor cost = Fixed cost + (variable cost × employee hour)

                          = $2,296 + ($19.58 × employee hour)

5 0
3 years ago
This activity is important because as world trade has grown, more companies have entered the global market. Once a firm decides
Ann [662]

Answer:

Matching the correct global market entry strategy with:

1. Moodmatcher lipstick  = b. Direct Exporting

2. Boeing  = b. Direct Exporting

3. Yoplait  = d. Franchising

4. McDonald's = d. Franchising

Explanation:

a) Global market entry strategies;

a. Indirect Exporting

b. Direct Exporting

c. Licensing

d. Franchising

e. Joint Venture

f. Direct Investment

Most of the globalized entities enter the global market space through direct exports to consumer countries.  Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries.  Huge revenues are earned through global trades.  Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.

6 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
ELEN [110]

Answer:

the total period cost for the month under variable costing is $52,610

Explanation:

Under Variable Costing Period Cost consist of, All Non-Manufacturing Costs and Fixed Manufacturing overheads.Fixed Manufacturing overheads are included in product costs only in full costing.

<u>Calculation of Total Period Costs :</u>

Variable selling and administrative expense ($ 14×1,010)  $14,140

Fixed selling and administrative expense                         $22,220

Fixed manufacturing overhead                                           $16,250

Total                                                                                      $52,610

3 0
3 years ago
Other questions:
  • Which feature enables you to view only the data you need
    14·1 answer
  • Increased investment alone will guarantee economic growth. A. This is a false statement, because an economy must rely on capital
    9·1 answer
  • Resources are not usually hired on a day-to-day basis to meet fluctuating requirements. This means that a. the maximum number of
    6·1 answer
  • Two Stage ABC for Manufacturing
    8·1 answer
  • All of the following items are considered manufacturing costs except for: * Source: Retired ICMA CMA Exam Questions. Tires for a
    15·1 answer
  • Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he get
    7·1 answer
  • Review Question 1 What is meant by deadweight​ loss? Why does a price ceiling usually result in a deadweight​ loss? Deadweig
    13·1 answer
  • How do you find phones?
    10·2 answers
  • a manufacturer conducts marketing research and estimates that consumers will accept a price of $50 for a pair of sunglasses. if
    6·1 answer
  • “Marketing is Significant for Both Profit and Non-Profit Organizations”Do you agree with this statement? Explain​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!