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igomit [66]
3 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]3 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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Answer:

Part I :

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2) Total amount of labor hours allowed = 960000*.04 = 38400 Hours

<u>Part II : </u>

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<h3>What is opportunity cost?</h3>
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8 0
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