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poizon [28]
2 years ago
5

Tune Products, Inc. offers to sell to United MP3 Sales Co. one hundred MP3 players at $50.00 a piece, subject to certain deliver

y dates. Unlimited replies with a signed purchase order that reads, "Accept your offer for 100 MP3 players at $50.00 each. Items must be delivered to our warehouse in San Antonio." Tune Products does not respond or deliver the goods. Unlimited files a lawsuit for breach of contract, to which Tune Products answers that there is no contract because Unlimited's purchase order contained additional terms and is not signed by Tune Products. Question: Can Unlimited recover for breach of contract here?
Business
2 answers:
Harman [31]2 years ago
6 0

Answer: Offer and acceptance.

Explanation:

Vikki [24]2 years ago
3 0

Answer:

The answer is No, Unlimited can not recover for breach of contract here.

Explanation:

To start with answering this question, let us define what recover for breach of contract is:

This can be defined or refers to any form of remedy or compensation given to the party affected or not affected by a breach of contract that is legally binding between itself and other parties. recover for breach of contract can come in form of  monitory award of damages, restitution and are mostly granted in a court of law.

Going back and by the narrative of the question, Unlimited can not recover or in order word can not get any remedies for breach of contract in this case.

It should be noted that Tune Products. Inc did not respond nor did they sign any form of legal binding document from Unlimited which has clearly shown that there is no proof of contract as such unlimited does not have any legal backing to recover for any form of breach of contract or ground to sue Tune Products. Inc to a court of law..

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Honduras is a small economy in central america. it keeps a fixed exchange rate with the us. capital is perfectly mobile. you may
rosijanka [135]

Answer:

Given that Honduras is a small economy in Central America, and it keeps a fixed exchange rate with the US, and capital is perfectly mobile, but interest rates are three percent in the US and six percent in Honduras, the explanation of the difference in these interest rates are as follows:

Honduras has a higher interest rate, meaning that its sovereign bonds pay higher values than the American ones, as well as its banks also pay higher interests on their investments compared to American banks.

This is so for a double reason: on the one hand, because the Honduran economy is less reliable than the American economy, which is larger and therefore more solvent and capable of overcoming eventual crises, with which the risk of default is less.

On the other hand, the Honduran economy is more dependent on foreign investment, so it must offer higher interest rates to attract such investments.

5 0
2 years ago
Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax
Elena-2011 [213]

Answer:

A

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

3 0
3 years ago
Read 2 more answers
bob katz and sally mander are a married couple with four children. total wages for 2018 equaled $102,400. stock which had been p
xxTIMURxx [149]

Answer:

Bob Katz and Sally Mander

Taxable Income for 2018:

= $78,200

Explanation:

a) Data and Calculations:

Total wages =                  $102,400

Gain from sale of stock =     5,200

Interest income =                      100

Total income =                 $107,700

less total deductions =     (29,500)

Taxable Income =            $78,200

b) Bob Katz and Sally Mander will have taxable income of $78,200 when the appropriate rate of tax is applied and the tax liability obtained, then the $1,500 tax credit will be deducted before arriving at the tax liability due.  

c) The short-term capital gain of $5,200 is taxed as ordinary income.  Since it is held for less than a year, it will be included in the taxable income for that year and it follows the same tax brackets as ordinary income.  On the other hand, the long-term capital gain of  $13,000 will attract a tax rate of 0 percent for a taxable income of $78,200.  Otherwise, it will attract a tax rate of 15 percent or 20 percent, depending on income level. This means that long-term capital gains tax rates are much lower than the ordinary income tax rate.

8 0
3 years ago
Please help a girl out. I will award brainliest.
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3 years ago
An economy has two firms, Russell Farms and the Cider Mill. Russell Farms owns orchards. It sells some of its apples to the publ
noname [10]

Answer:

a. GDP will increase

b. No effect on GDP

c. GDP will increase

d. GDP will increase

e. GDP will rise

Explanation:

Gross domestic product is the total monetary value of all the finished goods produced in the country during a specific period. When a new house is constructed it will create value for the economy and GDP will rise but when an old house is resold again there is no addition in the monetary value so there will be no effect on GDP.

6 0
3 years ago
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