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Lina20 [59]
3 years ago
9

Robin and Bellman, both merchants, orally agree to a contract for the sale of $5000 of accessories. Bellman, the buyer, sends to

Robin, the seller, a written confirmation of the sale, which is sufficient against Bellman under the statute of frauds and which Bellman signs. Robin fails to perform the contract and does not ship out the goods. Bellman sues. This contract is:
Business
1 answer:
AleksandrR [38]3 years ago
8 0

Answer:

enforceable even without Robin's signature because both parties are merchants.

Explanation:

Enforceable law defines when one person performs legally contract and that party enforce or impose to the other.

Therefore in the given situation, Robin sends the written confirmation of the sale, which was sufficient under the statute of frauds, Bellman signs and Robin fails to send the goods. So, this contract is enforceable because without Robin's signature because both parties are merchants.

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Noah drinks Dr. Pepper. He can buy as many cans of Dr. Pepper as he wishes at a price of $0.50 per can. On a particular day, he
Nadusha1986 [10]

Answer:

$0.85 and three cans

Explanation:

Data given in the question

Price per can = $0.50

First can paying price = $0.95

Second can paying price = $0.80

Third can paying price = $0.60

Fourth can paying price = $0.40

So by considering the above information, the noah can buy three cans as the prices are high

So, the consumer surplus is

= First can + second can + third can

where,

First can = $0.95 - $0.50 = $0.45

Second can = $0.80 - $0.50 = $0.30

Third can = $0.60 - $0.50 = $0.10

So, the total consumer surplus is

= $0.45 + $0.30 + $0.10

= $0.85

7 0
3 years ago
Specific statements detailing what the organization intends to accomplish over a short period of time are call
kondor19780726 [428]

Specific statements detailing what the organization intends to accomplish over a short period of time are called objectives. Objectives are stated by the company to keep goals on track and allow the organization to monitor their growth and completion. By keeping objectives open to everyone within the organization, it makes it easier for employees to stay on task and make sure by the end of the period, everything is done.

3 0
3 years ago
Your paycheck could likely satisfy which of the following needs identified by Maslow?
uysha [10]

Answer:

The correct answer is letter "C": safety needs.

Explanation:

American psychologist Abraham Maslow (1908-1970) proposed the Hierarchy of Needs often portrayed as a pyramid with five layers each one representing a need. According to Maslow, individuals cannot look for the satisfaction of other needs as long as the most basic needs are fulfilled first. Those needs are <em>physiological needs, safety needs, love </em>and <em>belonging, esteem, self-actualization. </em>

<em>On the second layer, we find the </em>safety needs<em> related to the satisfaction of personal security, employment, resources, health, and property needs. Thus, people's paychecks represent safety needs in Maslow's Hierarchy of needs.</em>

5 0
4 years ago
For Oriole Company, sales is $1500000, fixed expenses are $330000, and the contribution margin per unit is $60. What is the brea
Snezhnost [94]

Answer:

5500

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero.

Breakeven is the ratio of fixed cost to profit per unit of output sold.

Breakeven quantity = fixed cost / price – variable cost per unit

= fixed price / contribution margin per unit

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments  

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.  

$330,000 / $60 = 5500

8 0
3 years ago
Security a has an expected rate of return of 12% and a beta of 1.10. the market expected rate of return is 8% and the risk-free
mote1985 [20]
<span>3.7%. The alpha is equal to 0.12 times (0.05 + 1.1(08-.05)).</span>
3 0
3 years ago
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