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MArishka [77]
2 years ago
5

Rest Well Hotel orally ordered 1,000 blankets monogrammed with its initials, RWH, from TriColor Textiles. TriColor had just fini

shed monogramming the blankets when Rest Well called and canceled the order. TriColor will be able to enforce the agreement even though there was no writing.a.trueb.false
Business
1 answer:
fiasKO [112]2 years ago
7 0

Answer:

True

Explanation:

Most contracts can be either written or oral and still be legally enforceable;verbal agreement is a contract even though it is not in writing.

In order for an oral contract to be valid, it must contain these three elements: an offer, an acceptance of that offer and consideration in which each party receives something of value through an exchange to serve as the purpose of the contract.Rest Well Hotel proposed an offer to Tricolor, Tricolor Texitle accepted the offer and  the company has put in a consideration by making the monogram.Therefore,because of the previous agreement between them, Tricolor can enfore the agreement

However, three main factors are needed in proving the validity of oral contracts. these are witness testimony,  course of conduct, and  credibility.

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guapka [62]

Answer:

When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.

8 0
3 years ago
On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair
ioda

Answer:

Explanation:

Date. Description/Account. Debit. Credit.

1/1/2020. Unearned Compensation. $69,000

Paid - in Capital in Excess of Par. $69,000

Common stock. $10,000

12/31/2020 Compensation Expense. $23,000

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3 years ago
Which of the following is true about a "credit"?I. It is part of the double-entry procedure that keeps the accounting equation i
likoan [24]

Answer:

ALL

Explanation:

All of the following is true about a "credit"

I. It is part of the double-entry procedure that keeps the accounting equation in balance because, double entry is made up of 'debit' and 'credit' as the principle states: 'credit the giver and debit the receiver' hence, in order for the accounting equation to be balanced, every debit must have a corresponding credit

II. It represents a decrease to assets because just like the principle states: 'credit the giver and debit the receiver', it therefore implies that a 'credit' entry will decrease the balance on the account because it is giving.

III. It represents an increase to liabilities because liability accounts already have credit balances by nature, therefore a 'credit' entry will be increasing the already existing credit balance.

IV. It is on the right side of a T-account.  This is a true statement because in T-account construction the debit is on the left and the credit on the right.

5 0
3 years ago
What is a stigma ?????
barxatty [35]
Stigma is a degrading and debasing attitude of the society that discredits a person or a group because of an attribute (such as an illness, deformity, color, nationality, religion etc). The resulting coping behavior of affected person results in internalized stigma. This perceived or internalized stigma by the discredited person is equally destructive whether or not actual discrimination occurs. Stigma destroys a person’s dignity; marginalizes affected individuals; violates basic human rights; markedly diminishes the chances of a stigmatized person of achieving full potential; and seriously hampers pursuit of happiness and contentment.
4 0
3 years ago
What accounts for the increase in operating support when an independent business expands by becoming a franchisor?
Musya8 [376]

Answer:

hi

Explanation:

I don't know

sorry sorry sorry

3 0
2 years ago
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