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svp [43]
2 years ago
7

Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J

ulius can't afford her boat anyway. Rachel says, "I'd sell my boat to you for $400." To Rachel's surprise, Julius responds "Ok, it's a deal." Rachel does not want to sell the boat to Julius for any price. Julius and Rachel have_______________________.
Business
1 answer:
katrin [286]2 years ago
8 0

Answer:

formed a valid contract because Rachel's outward expressions showed the formation of a contract.

Explanation:

In contract, outward expressions refers to a situation when both parties has directly communicate the terms of a certain transaction and agreed upon it.

The contract is considered as 'valid' and considered to be a verbal agreement as soon as Rachel proposed a price and Julius agreed upon it.

One thing to remember, Even though this contract is considered as valid , it would be hard for Julius to held Rachel accountable to court since he has no way to proof that the verbal agreement has been made.

You might be interested in
Scope creep refers to: a. a task at the lowest level of the WBS. b. the approved project scope statement and its associated WBS.
gogolik [260]

Answer:

The Answer is d. the tendency for project scope to keep getting bigger and bigger.

Explanation:

A scope  refers to all the work involved in creating the products of the project and the processes used to create them.

A scope creep refers to changes, continuous or uncontrolled growth in a project's scope, at any point after the project begins. This can occur when the scope of a project is not properly defined, documented, or controlled.

Hence the answer is d. the tendency for project scope to keep getting bigger and bigger.

6 0
3 years ago
Changes in net operating working capital should not be reflected in a capital budgeting cash flow analysis because capital budge
Ede4ka [16]

Answer:

The correct answer is False.

Explanation:

Net working capital, or "Working Capital" is simply the difference between current or current assets and current or short-term liabilities of a company.

Cash flow, on the other hand, is the net amount of cash and its equivalents that is transferred inside and outside the company and that may originate in operational, investment or financing activities.

Cash flow will have an operational origin, when there is a net decrease in working capital. In this situation there will be a net cash release that the company can use freely to honor debts, reinvest in operations, pay dividends, cover expenses or provide funds for future investments.

A negative cash flow, from the point of view of operations, implies that the company has increased its cash demands to finance sales on credit or inventory. That is, it has increased its investment in working capital. Situation that will require an analysis that allows a better way to manage capital.

6 0
3 years ago
The probability that inventory will remain in stock based upon a specified level of Safety Stock is called: A. The Order-Up-To L
horsena [70]

Answer:

The answer is "Option D".

Explanation:

The system's performance is gauged only by the level of service. The quality of service specifies the percentage of such goals which should be met. That likelihood of stock remaining in inventory based on a set level of Security Stock is referred to as the service level. Ex: In a contact center, the number of calls that are addressed. That percentage of consumers who have waited less than a fixed amount of time.

4 0
3 years ago
Current projections indicate that by the year 2030, there will be ______ tax-paying workers for every retiree collecting Social
lakkis [162]

Current projections indicate that by the year 2030, there will be 2.0 tax-paying workers for every retiree collecting Social Security.

  • A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public expenditure programs are then funded with the funds that have been raised.
  • There are two main categories of taxes: direct taxes and indirect taxes. Both taxes are implemented in different ways. Some taxes, like the dreaded income tax and corporate tax, are paid directly by you, while others, like sales tax and service tax, are paid inadvertently.
  • The government uses taxes to fund a variety of welfare programs, including job initiatives.

Thus this is the answer.

To learn more about Tax, refer:brainly.com/question/25783927

#SPJ4

3 0
1 year ago
Clients with borderline personality disorder (BPD) are usually admitted to an inpatient setting because of what?
Ira Lisetskai [31]

Answer:

Threats of self harm

Explanation:

Borderline personality disorder is a mental disorder that makes people have harmful impact on the way people feel and think about them self. It comes with symptoms like overreacting, fear, instability and inability to do anything alone. This is usually caused by emotional triggered event that might be hard to reverse. People with this condition are always placed on constant check to avoid self harm or even harming others.

5 0
3 years ago
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