Answer:
a. Della will lose because he did not sign a contract.
Explanation:
The UCC are a set of guidelines that is used for trade transactions to resolve disputes and ensure equity between the buyer and seller.
There are various criteria used to qualify a valid transaction. One of them is that for a non movable asset, it's sale must be under a written contract.
A verbal contract will not suffice and is not binding.
In this scenario where Joe verbally contracts with Delia to sell his farm to Delia, they did not sign a contract and makes a down payment. But Joe decides after several months to sell his farm to Eli.
Since there is no written contract if Delia objects to the second sale she will lose
Answer:
why just 5 points? :( but thanks for the 5points atleast
Explanation:
Answer:
Total cost is $24060
Explanation:
Total demand per year = 12000 units
Size of one order = 3000 units
Total number of orders = 12000 / 3000 = 4
Per order cost = $15
Per unit cost = $2
Below is the calculation to find the total cost.
Total cost = Number of orders × Per order cost + Total demand per year × Per unit cost
Now insert the values.
Total cost = 4 ×15 + 12000 × 2
Total cost = $24060
Answer:
11414.87205 units.
Explanation:
We have Underage cost cs to be $500
We have Overage cost Co to be $200
To get Critical fractile, we do this computation:
Cs/(Cs+Co)
500/(500+200)
500/700
0.714285714
Now the z score for this value,
normsinv(0.714285714)
= 0.565948821
To get what the question requires: mean+z-score*standard deviation
= 10000+(0.565948821*2500)
= 11414.87205 units
<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>
<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>
Answer:
a) Product G should be produced and sold
b) Net financial advantage $80
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further . </em>
$
Revenue after split-off point
($9× 40 litres) 360
Revenue at the slit of point
($4 × 40) <u> (160)</u>
Additional income from further processing 200
Further processing cost ($3× 40) <u>(120)</u>
Incremental income from further processing <u> 80</u>
Incremental income from further processing = $80
a) The product F should be processed further and sold as product G. Doing so would increase the net income by $80.
b) Net advantage $80