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
Elena-2011 [213]
3 years ago
12

Dmitri has insurance with Hysterical Coverage Insurance Company, Inc. (Hysterica Coverage). Dmitri has a wreck with Susie. The a

djuster for Hysterical Coverage orally agrees to pay Olya $1,000 for the damage to her car. The adjuster, however, gets in trouble with his boss for agreeing to pay too much. He tells Olya that he is backing out of the deal because the agreement is unenforceable on the basis that the statute of frauds requires that a contract to pay the debt of another be in writing. Discuss whether the adjuster is correct or not. In your discussion, you must discuss what constitutes primary versus secondary obligations and which of these obligations is within the Statute of Frauds
Business
1 answer:
VLD [36.1K]3 years ago
6 0

Answer:

For this situation agent isn't right in any way. The back up plan should acknowledged the essential duty to pay for all the harms that are brought about by the Dmitri. As this isn't an instance of misrepresentation as the safety net provider would consent to pay on the behalf of Dmitri on the off chance that he failed to pay.

You might be interested in
You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding
dmitriy555 [2]

Answer: $31,513.65

my monthly payment (principal) would be closest to $31,514

Explanation:

Using compound interest formula below to find the principal

A = p (1 + r/n)^nt

A= amount = $34,000

r = annual nominal rate = 1.9% = 0.019

n = number of compounding ; monthly compounding means 12 interest payments in a year

P= principal

t= time in years 48months = 48/12years = 4years

34,000 = p (1 + 0.019/12)^12(4)

34,000 = p (1 + 0.00158333333)^48

34,000 = p ( 1.00158333333)^48

34,000 = 1.07889755p

Divide both sides by 1.07889755

P = $31,513.6502

≈$31,514 to nearest whole number.

5 0
4 years ago
The capital market is the market for...
attashe74 [19]

Answer:

c

Explanation:

4 0
3 years ago
Read 2 more answers
Eorge, a chef and owner of l'auberge, a popular restaurant, is always visiting his competitors to observe how they are doing thi
White raven [17]
Market research and analysis. Statistical trend Theory. Product review and development.
6 0
3 years ago
Read 2 more answers
Interest is capitalized when incurred in connection with the construction of plant assets because_______.
Alisiya [41]

Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue

<h3>What is Interest?</h3>

This refers to the amount or rate that is added to a principal amount and this is usually done when a loan is collected.

Hence, we can see that when plant assets are being constructed, interest is capitalized and the main reason why this happens is that the asset is not generating revenue.

Furthermore, actual interest is the only thing that should be capitalized and this is because, during construction, the asset is not generating revenue and therefore companies should defer (capitalize) interest cost.

Thus, Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue.

Read more about interest capitalization here:

brainly.com/question/417585

#SPJ1

7 0
2 years ago
These are selected account balances on December 31, 2014:Land $100,000Land (held for future use) $800,000Buildings $800,000Inven
Fantom [35]

Answer:

The total amount of property, plant, and equipment that will appear on the balance sheet is $$1,950,000

Explanation:

The computation of the total amount of fixed assets are shown below:

= Land + Land (held for future use) + building + equipment + furniture - accumulated depreciation

= $100,000 + $800,000 + $800,000 + $450,000 + $100,000 - $300,000

= $1,950,000

The inventory is a current assets so it would not be included while computing the total value of the fixed assets.

6 0
3 years ago
Other questions:
  • Anna owned a home with her sister as joint tenants with the rights of survivorship. The home was inherited by Anna and her siste
    8·2 answers
  • A fundamental difference between the command system and the market system is that, in command systems:
    6·1 answer
  • Measuring performance relative to objectives and standards is part of ___________.
    6·1 answer
  • Select all that apply.
    14·1 answer
  • Which sentences describe points that Miguel should consider in the goal-setting process before he starts to invest?
    10·1 answer
  • Hitzu Co. sold a copier costing $4,800 with a two-year parts warranty to a customer on August 16, 2015, for $6,000 cash. Hitzu u
    11·1 answer
  • Home Team Corporation recently hired Steve Willits as its bookkeeper. Mr. Willits is somewhat inexperienced and has made numerou
    11·1 answer
  • Terophone charge is debit or credit​
    13·1 answer
  • What is business office what are they established
    9·1 answer
  • 1. How should professional sports teams in San Francisco promote to target
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!