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poizon [28]
3 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]3 years ago
6 0

Answer: Offer and acceptance.

Explanation:

Vikki [24]3 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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Mike Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of retur
Tanya [424]

Answer:

The answer is $7,900

Explanation:

Formula of Residual Income=Net Operating Income-(minimum required rate of return*average operating assets)

Residual income (RI)=$143,700-($970,000*14%)

RI=$7,900

Further we can alsocalculate

Return on investment (ROI)=$143,700/$970,000=14.81%

8 0
3 years ago
Read 2 more answers
Imagine that millions of refugees move out of country A and into country X. This would cause the demand for housing in country A
Burka [1]

Answer:

Decrease

Increase

Explanation:

If millions are moving out of a country, the number of people living in the country would fall and the demand for houses would fall. While the demand for houses where the people are immigrating to would increase as population would increase and they would need where to live.

I hope my answer helps you.

4 0
3 years ago
Gomez runs a small pottery firm. He hires one helper at $15,000 per year, pays annual rent of $6,500 for his shop, and spends $2
Nady [450]

Answer

Gomez's business accounting profit amounted to $37500 while economic profit is $6000

Accounting profit is simply deducting explicit costs from revenue.Explicit costs are costs that require actual cash flow from the entity.

Economic profit on the other hand is calculated by deducting both explicit and implicit costs from revenue.

Implicit costs are costs relating to alternative opportunities forgone.

Explanation:

Both accounting and economic profits are highlighted below:

Accounting profit=Total revenue-explicit costs  

Revenue                 $82,000  

Helper's wages  ($15,000)

Rent                   ($6,500)

Materials                   ($23,000)

Accounting profit     $37,500  

 

Economic profit =Revenue -explicit costs-implicit costs  

Revenue                               $82,000  

Helper's wages                ($15,000)

Rent                                 ($6,500)

Materials                                 ($23,000)

Return lost money invested  ($6,000)

Lost income from porter's offer     ($20,500)

Entrepreneur's talent             ($5,000)

Economic profit =                       $6,000  

8 0
3 years ago
Ethical Concerns in Human Resources
Dennis_Churaev [7]

Answer:

Ethical Concerns in Human Resources

Matching Ethical Issues with Ethical Concerns:

A. Mike, a new employee, was distressed to learn that he was expected to help with the illegal dumping of medical waste.

3. Right of freedom of conscience

B. One of the important messages of HIPPA (the Health Insurance Portability and Accountability Act) is the need to keep employee health records confidential.

2. Right of privacy

C. Sharon complains because the employer hired her for the day shift, but now she is expected to work the midnight shift.

5. Right of free consent

D. Many companies establish Employee Assistance Programs (EAPs), which offer employees many important benefits, including a complaint process so that employees will feel free to share their concerns.

1. Right of freedom of speech

E. Ed felt he was being demoted because of his age, not of his performance, so he asked for a meeting with the director of HR.

4. Right to due process

Explanation:

Data:

Ethical Concerns:

1. Right of freedom of speech

2. Right of privacy

3. Right of freedom of conscience

4. Right to due process

5. Right of free consent

b) Ethical principles:

Mutual benefits: This principle refers to equity in sharing benefits and costs.

Assumption of responsibility: This principle demands accountability with responsibility.

Having a sense of purpose or vision: This principle refers to the fulfilment of purpose that is considered reasonable by others.

Fairness: The principle requires the absence of favoritism  and discrimination.

8 0
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Aleks04 [339]

Focus his stock on the most vital items while keeping those that do not sell as well at lower levels.

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3 years ago
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