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igomit [66]
4 years ago
15

Susan drops by Dean's garage sale and buys a painting for $10 that both she and Dean think is a copy of a piece by Matisse, a we

ll-known painter. Later, Susan is delighted to discover that the painting is actually an original Matisse and is worth $50,000,000. Dean hears the news and wants the painting back. Will he get it? Why or why not?
Business
1 answer:
zloy xaker [14]4 years ago
5 0

Answer:

Dean probably will be able to get the painting back.

A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.

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Why do political parties create platforms? How are platforms useful to voters?
telo118 [61]
Political parties create platforms in order for them to create methods to resolve various issues in society. These platforms are very useful for voters as it gives them an idea on how it will help them further in various aspects - ranging from resolving violence to the point of equaling their rights.
4 0
4 years ago
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In order for martha to categorize prospective buyers into groups that have common needs and will respond similarly to a marketin
prisoha [69]
<span>There are four methods in order for Martha to sell her product to prospective buyers:
</span>1. Know the principal attributes of a product.
<span>2. Find how the customers rate are choosing these with respect to these attributes.
</span><span>3. Find where the company's product is on these attributes in the customers mind
</span><span>4. Place the company in a different poition in the minds of the customers.</span>
8 0
4 years ago
Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of
sukhopar [10]

Answer:

$10,500 units

Explanation:

Calculation of equivalent units of production for conversion cost

First step is to find the Units started and completed during the period using this formula

Units started and completed during the period = Units transferred to the next processing department- Beginning inventory in the mixing department units

Let plug in the formula

Units started and completed during the period = = 12,000 - 6,000

Units started and completed during the period = = 6,000

Second step is to find the Equivalent units of production

Equivalent units of production=6,000 * 25% + 6,000*100% + 5,000*60%

Equivalent units of production=1,500+6,000+3,000

Equivalent units of production=10,500 units

Therefore the equivalent units of production for conversion cost will be $10,500 units

4 0
3 years ago
Consider the voluntary contribution to building a fence game discussed in class. Assume that v1 = v2=100 and C=150, and select a
iren2701 [21]

Answer:

Correct Answer is Option c  

It is efficient to build the fence.  

(The net profit is 100 to each for an entire of 200 and the cost is 150, consequently it is efficient. For example both contribute 75, and their evaluation is 100 so both are better off with the barrier built)

a) and b) are incorrect as disbursing more than the own evaluation is not a firmly conquered strategy and each player giving 100 will be corresponding to a total of 200 and it is not a Nash equilibrium as both can reduction what they pay and be better off.

d) There are Nash equilibria in which the fence is not built. (Assume one is paying 0, then the cost to be reserved up by the other one will be 150 and the evaluation is 100, so both paying 0 will be a Nash equilibria as neither have any inducement to deviate and pay alone).

6 0
3 years ago
Which of the following statements about torts is correct?
swat32

Hello There!

Your answer would be <u>C). A tortious act may also be a criminal act.</u>

The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by  hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.

Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:

Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.

Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.

Answer choice "D). A tortious act is the same as a contract dispute" is incorrect because harming someone is not the same as not doing what a contract says. A contact dispute is when someone that's part of a contract did not do a duty that the contract says that they're suppose to do, and that usually doesn't have to be any harm to anyone. That would not be the same as a tortious act, harming someone. This is the reason why this answer choice would be eliminated.

6 0
3 years ago
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