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
Bas_tet [7]
3 years ago
13

Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they h

ave a valid contract?
Business
1 answer:
WINSTONCH [101]3 years ago
3 0

Answer:

Probably not, because the terms are not definite.

Explanation:

A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.

The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.

A valid contract has the following elements: offer, acceptance, agreement, and consideration.

In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.

So the contract is probably not valid because terms are not clearly defined.

You might be interested in
Which one of the following ratios is a measure of a firm's liquidity?
Hunter-Best [27]

Answer:

1. quick ratio

Explanation:

Common liquidity ratios include the quick ratio, current ratio, and days sales outstanding. Liquidity ratios determine a company's ability to cover short-term obligations and cash flows, while solvency ratios are concerned with a longer-term ability to pay ongoing debts.

Pls mark brainliest

Thank you

6 0
1 year ago
Why is career planning important?
Roman55 [17]
D. it can help u narrow down.......
7 0
3 years ago
Read 2 more answers
You had used an online service to apply for a credit card. As part of the process, you submitted your personal information such
ch4aika [34]

Answer:

b. Identity theft

Explanation:

It is the acquisition of another person's information such as Social Security Number , date of birth and employer information etc. for fraudulent act.

8 0
3 years ago
Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations
Neko [114]

Answer:

Kindly check explanation

Explanation:

Food production and consumption is critical and key to survival, no matter an established and generally accepted number of daily square meal of 3 is widely adopted. This gives a clue tgta, no matter a country's problem or issues they face, aspects which concerns food and generally agriculture would be treated preferentially. Following the outbreak and severe spread of the deadly virus, it became imperative that affected nations introduced critical measures to try and curtail its spread, stringent measures include ; restriction of movement, strict emphasis on social distancing, hence, the need to reduce the number of people on a particular site or work area, travel restrictions, among others. This restrictions had s here effect on the agriculture and the food supply chain and its effect was quickly very noticeable as people would eventually die of hunger if nothing was done. This prompted government to introduce exemptions and preference afforded to the agricultural sector ; such as keppibg trade channels open in other to facilitate food distribution, timely observation and monitoring of food crisis among others.

4 0
3 years ago
A manager's operation had sales this period of $89,775. last period sales were $85,500. what was the manager's percentage sales
alexandr402 [8]

A manager's operation had sales this period of $89,775. last period sales were $85,500. So the manager's percentage sales increase for this period when compared to last period was 5% .

The percentage increase is the measure of the percentage change. The percentage increase is defined as the ratio of increased value to the original value and then multiplied by 100. Here the increased value can be calculated by taking the difference between the final value and the initial value. The formula to calculate increase is given by -

Percentage Increase = [(Final value – Original value) × 100] / Original value %

In this case,  original value is $85500 and the final value is $89775, then the percentage increase is:

Percentage Increase = [(89775-85500) ×100]/85500

= 427500/85500

= 5%

So, the percentage increase  will be 5% .

To learn more about percentage increase here

brainly.com/question/23040788

#SPJ4

5 0
1 year ago
Other questions:
  • How much federal tax should i pay on 17000?
    8·1 answer
  • Daniel is due to receive the balance of his trust fund in 5​ years; as a result he has taken out​ a(n) ________ mortgage where h
    15·1 answer
  • Matching is:________.
    6·1 answer
  • The first year of operations for Grayton Company is 2017. Given this information for 2017:_______. Pretax book income $90,000Est
    6·1 answer
  • The following transactions occur for the Panther Detective Agency during the month of July:
    12·1 answer
  • When identifying a problem, leaders actively seek to identify its _______________, not merely the symptoms on the surface as sym
    14·1 answer
  • In TJX's case, the security breach made its customers vulnerable to this.a) Loss of personal propertyb) Inaccurate personal data
    6·1 answer
  • Pina Colada Corp. gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per b
    5·1 answer
  • You decide that reading the textbook tonight will lay the foundation for your later success in your economics class. which of th
    13·1 answer
  • If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the po
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!