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Komok [63]
3 years ago
14

George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p

aper. On the decided day, Suzy pays the cash to George, but he refuses to sell the car to her saying that his friend Marty has offered to pay $30,000 for the same car. On the basis of which doctrine can Suzy sue George?
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer:

Promissory Estoppel

Explanation:

Promissory estoppel states that a person who has promised to fulfill a contract cannot go back on the promise even if consideration was yet to be given. The affected party can file suit against the party who refused to fulfill his promise and can claim damages.

Promissory estoppel was created to protect parties under contract from incurring damages due to backing off by the other party. Here, Suzy can sue George on the basis of promissory estoppel.

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Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform
Feliz [49]

Answer:

a. The simple ranking method

Explanation:

The simple ranking method -

It refers to the method of evaluation used in a company , in order to rank the employees from best to worst depending on various factors , is referred to as the simple ranking method .

Factors like , negative impact , ratings , feedback etc. all are considered while making the ranking .

Hence , from the given scenario of the question ,

The correct answer is a. The simple ranking method .

4 0
3 years ago
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the cu
bogdanovich [222]

Answer:

4.92%

Explanation:

we have to calculate the market price of the bond in one year from now but in order to do this we have to calculate the yield to maturity:

YTM = {80 + [(1,000 - 750)/10] / [(1,000 + 750)/2] = 105 / 875 = 12%

the market price of the bond in one year is:

PV of face value = $1,000 / 1.12⁹ = $360.61

PV of coupon payments = $80 x 5.3282 (PV annuity factor, 12%, 9 periods) = $426.26

market price one year from now = $786.87

capital gains yield = ($786.87 - $750) / $750 = 4.92%

4 0
3 years ago
True or false: it’s always immediately obvious when boundaries are crossed in a relationship.
Anastasy [175]

Answer:

True?

Explanation:

I hope this was right!

5 0
4 years ago
Read 2 more answers
If good a is considered an inferior good, what will happen to good a when incomes fall?.
Elis [28]

The demand for good A will increase and the demand curve will shift to the right.

<h3>What is incomes fall?</h3>
  • People's disposable income will decrease if consumer earnings decline. Since people will be content with what they currently have, they will purchase fewer products and services. When they do spend money, they could opt for less expensive options like store brands or used goods from the grocery store.
  • When a consumer's income drops, it turns inward. A lesser good is one whose consumption grows with rising income and declines with falling income. When income falls, the demand curve for a subpar good shifts out, and when income rises, it shifts in.
  • Increases in income will lead to declines in demand for inferior goods, whereas decreases in income will lead to increases in demand.

To learn more about incomes fall refer to:

brainly.com/question/17101329

#SPJ4

6 0
1 year ago
Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and
leva [86]

a) The required Sample Size is 40.

b) the required Sample Size is 62.

Step-by-step explanation:

Given the data in the question;

standard deviation σ = 4 minutes

a)

margin of error E = 75 seconds = ( 75 / 60 )minutes = 1.25 minutes

And 95% confidence.

Now, the Critical Value of z for 0.95 confidence interval;

∝ = 1 - 0.95 = 0.05

= 1.96

so, sample size n will be;

n = [  × σ/E ]²

we substitute;

n = [ 1.96 × (4/1.25) ]²

n =  [ 1.96 × 3.2 ]²

n = [ 6.272 ]²

n = 39.338

Since we referring to a number of samples, it approximately becomes 40

Therefore, the required Sample Size is 40

b)

margin of error E = 1 minutes

And 95% confidence.

Now, the Critical Value of z for 0.95 confidence interval;

∝ = 1 - 0.95 = 0.05

= 1.96

so, sample size n will be;

n = [  × σ/E ]²

we substitute;

n = [ 1.96 × (4/1) ]²

n =  [ 1.96 × 4 ]²

n = [ 7.84 ]²

n = 61.466

Since we referring to a number of samples, its approximately becomes 62.

Therefore, the required Sample Size is 62.

Sample size determination involves choosing the number of observations or repetitions to include in a statistical sample.

The sample size is an important feature of any experimental study where the goal is to draw conclusions about a population from a sample.

Learn more about Sample Size here: brainly.com/question/17203075

#SPJ4

3 0
2 years ago
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