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vaieri [72.5K]
3 years ago
14

Do you think the court made a fair determination in this case of LUCY VS ZEHMER? Would you suggest that the precedent be revisit

ed by the court and changed given the age of the case? Explain. Support your answer with the material for this week. Also if you think it should be changed what would you suggest the change should be?
Business
1 answer:
Nikolay [14]3 years ago
5 0

In the case <em>Lucy v. Zehmer (1954)</em>, we learn that the mental assent of the parties is not requisite for the formation of a contract. In this case, Zehmer signed a note promising to sell his farm to Lucy while he was drunk. Afterwards, he refused to proceed.

The court stated that Lucy acted reasonably when he expected to receive the farm as had been stipulated in the contract. Moreover, the court found evidence of the fact that Zehmer was not drunk enough to not know what he was doing.

I believe that the facts of this case do not need to be changed. It is important that undisclosed intention remains immaterial except when an unreasonable meaning is known to the other party. This is because people need to be able to trust a person's word and intention when a contract is created. Under the objective theory of contracts, this sale contract should be considered a serious business transaction.

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The ______ pricing tactic lures customers into the store through aggressive advertising coupled with a very low price on somethi
kap26 [50]

Answer:

leader pricing strategy

Explanation:

Based on the information provided within the question it can be said that the pricing tactic that is being mentioned is a leader pricing strategy. This strategy focuses on placing lower price points on the products in order to attract customers to a new brand or to gain interest in general to the business as a whole. Therefore luring customers into the store and hopefully increasing sales.

7 0
3 years ago
The creation of a job analysis falls under the realm of _____.
alex41 [277]

The answer for the blank part of the statement is human resource management.

Human resource management is <u>a field that is concerned with management of employees in an organization so that they can contribute to a company’s competitive advantage. </u>

Thus, conducting a job analysis to ensure that the job description and task list is under the right job position is a challenge that a professional in this field would be tackling.

5 0
3 years ago
Suppose that you are in charge of an insurance company. Two kinds of people want insurance, healthy people who probably will not
mote1985 [20]

The equilibrium premium, which balances the premiums charged to healthy and unhealthy people, charged for insurance under this scenario is <em>e. You charge $3,000 and everyone buys insurance.</em>

$3,000 will be affordable to both the healthy and the unhealthy.  This amount of premium will enable both classes to buy insurance.

It will <em>not benefit</em> the company to charge:

  • $2,000 and enable everyone to buy insurance
  • $3,000 and enable only unhealthy people to get insurance
  • $1,000 so that only the healthy people to buy insurance
  • $1,000 because only healthy people buy insurance.

Thus, the insurance premium charged should be <em>Option E.</em>

Learn more: brainly.com/question/9696972

4 0
2 years ago
Mobilizing finance and building partnerships in cities to advance environmental goals, especially in preventing the flow of tras
velikii [3]

Together, we may achieve several social, economic and environmental advantages that prevent waste from entering the ocean and increase the resilience of the entire city.

<h3><u>What is 'Mobilizing finance and building partnerships in cities' event about?</u></h3>
  • The focus of this event will be on cities' crucial contributions to environmental goals, particularly in halting the flow of rubbish into the ocean.
  • Around 80% of the 11+ million tons of plastic debris that are dumped into the ocean each year come from land, mostly as a result of inadequate municipal waste management.
  • Over half of the world's population lives in cities, but they are rarely taken into account when making international decisions. However, cities all over the world are attempting to enhance sanitation, safeguard public health, boost tourism, and produce economic growth.
  • Cities are given a formal framework for addressing these interconnected issues through the Urban Ocean® initiative. With assistance from cities and organizations on all five continents, our initial cohort of 11 cities concentrates on Asia and Latin America.
<h3><u>What are Environmental Advantages?</u></h3>
  • Environmental change is the alteration or disturbance of the natural environment, most frequently brought on by human activities and ecological processes.
  • Various variables, such as natural disasters, human meddling, or animal contact, might cause changes in the environment. Environmental change includes both physical changes and non-physical elements, such as an invasion of invasive species.

With this information in hand, cities can bring together stakeholders to forge agreement on plans that are based on research, with the ultimate objective of enlisting partners and financiers to carry out solutions. City resilience leaders from Asia, Southeast Asia, and Latin America will attend this event along with officials from national-level governments, non-governmental organizations, and these regions.

Know more about Environmental Advantages with the help of the given link:

brainly.com/question/13476112

#SPJ4

4 0
2 years ago
You manage a risky portfolio with an expected rate of return of 21% and a standard deviation of 32%. The T-bill rate is 8%. Your
Alborosie

Answer: Treasury Bills - 35%

Stock A - 17.55%

Stock B - 23.4%

Stock C - 24.05%

Explanation:

Hello.

The question was a tad incomplete so I attached the relevant portion from a similar question as a guide.

The client already has 35% invested in T- bills so that would be the T- bill proportion.

Now we need the proportions of the other 3 stocks.

Stock A will be,

= 0.65 (proportion of total portfolio in the fund) * 0.27 (proportion of stock in fund)

= 0.1755

= 17.55% of total portfolio

Stock B will be,

= 0.65 (proportion of total portfolio in the fund) * 0.36 (proportion of stock in fund)

= 0.234

= 23.4% of total portfolio

Stock C will be,

= 0.65 (proportion of total portfolio in the fund) * 0.37 (proportion of stock in fund)

= 0.2405

= 24.05% of the total portfolio.

To check the figures we can add them up.

That would be

= 0.35 + 0.2405 + 0.234 + 0.1755

= 1

So those are the correct proportions of your client’s overall portfolio, including the position in T-bills.

5 0
3 years ago
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