1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aivan3 [116]
3 years ago
10

When Paul arrived at work in the morning, he promised his co-workers that he would buy dinner for all of them that evening. He m

ade this promise because his co-workers were already obligated to stay for work late. When dinnertime came, he told his co-workers that he did not have the money to buy dinner. Has Paul breached a contract
Business
1 answer:
patriot [66]3 years ago
8 0

Answer: No, Paul has not breached a contract.

Explanation: To answer this, we must first we must define what a contract is.

A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.

A quality that makes a contract legally binding is that it is enforceable by law.

In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.

You might be interested in
Can someone please explain what grassroots are in easy terms? I have tried to find a definition that I understand but I can't fi
liberstina [14]
It’s marketing started from the ground up. You target a small group of people instead of launching to many people and hope that the smaller group will spread it to other people. Hope this helps.
3 0
3 years ago
our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm
inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.  

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate  

= $5000 ÷ 0.045

= $111,111

3 0
2 years ago
Creating your own flyer about cars
kvasek [131]

Answer:

what

Explanation:

5 0
2 years ago
Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose S
Mekhanik [1.2K]

Answer:

External failure costs.

Explanation:

These are explained to be the faults or defects a customer finds out or see after receiving his good and leaves the factory or finds out when goods or services has been delivered to him/her.

This can be either internal or external. When seen to be an internal aspect of the failure, costs result from identification of defects before they are shipped to customers. Some of these could include rejected products, reworking of defective units, scrap and also downtime caused by quality problem. It is said that a firms appraisal activities creates chances greater than the chance of catching defects internally and the greater the level of internal failure costs. This is the price that is paid to avoid incurring external failure costs, which can be devastating.

4 0
3 years ago
Request the entrepreneur to share his/her key success factors and elaborate on this success factors
Bogdan [553]
I interviewed a successful salon owner, and this is what determine her success according to her :

- Persevere ,  do not give up if somehow something doesn't go how you want it to be
- Care about your customer, and your business should live to fulfill what they need from you

hope this helps<span />
6 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following is not true about the confirmation of accounts receivable?A. Confirmation requests should bear the audito
    10·1 answer
  • A corporation has 12,000 shares of $20 par stock outstanding that has a current market value of $150. If the corporation issues
    11·1 answer
  • As competition increases, businesses find greater opportunities for successTrue or false?
    8·1 answer
  • A customer has a broadly diversified stock portfolio with a current market value of $2,500,000. The customer wishes to hedge the
    14·1 answer
  • Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.
    5·1 answer
  • Question:
    9·1 answer
  • Third World Gamer Inc. manufactures components for computer games within a relevant range of 500,000 to 1,000,000 disks per year
    5·1 answer
  • Diaz and Associates incurred the following costs in completing a tax return for a large company. Diaz applies overhead at 50% of
    6·1 answer
  • The marketing manager at Home Depot works with Hunt Advertising to coordinate all promotional messages for a product or a servic
    6·1 answer
  • Last month CyberGames, a computer game retailer, had total sales of 1,450,000 , selling expenses of 210,000 , and administrative
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!