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svp [43]
3 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]3 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.

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Option 4: Threats
Gala2k [10]

<u>Explanation:</u>

Walmart has been increasing its online retail operations and provides more promotions and offers such as free shipping. When Walmart offers product at such low prices compared to Target stores the company is forced to sell its products at competitive prices to stay in the business. To overcome this threat Target stores can also implement its online stores to minimize the threat and stay competitive.

Walmart has increased the business threat for target stores by opening new and convenient stores in the same place where Target stores are located. This reduces the business for Target stores. To be competitive Target stores have to increase its promotional  and marketing activities.

7 0
3 years ago
Corporation must appoint a​ president, chief executive officer​ (ceo), chief operating officer​ (coo), and chief financial offic
Ratling [72]
Can you tell me what is a and c ? Questions
8 0
3 years ago
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When a service ranks low on the dimensions of customer contact, labor intensity, and customization, the service providers need t
Elenna [48]

Answer:

The correct answer is d. physical facilities and procedures .

Explanation:

The decisions that lead to the definition of the productive facilities of a company are planning decisions, that is, with a long-term horizon, since the objectives to be achieved are basically the definition of the investments to be made, and the foreseeable costs to incur, which will condition us, to some extent, such investments.

For this, it is necessary to have the most complete information (field work), not only of the market to which we intend to supply, but also, and in particular, of those data that can directly influence the design of our facilities and exploitation processes, such as:

  • Technologies and processes used in this type of business
  • Level of the qualities demanded by the market
  • Raw material suppliers and their degree of concentration (associations)
  • Product distribution channels
  • Regulations and regulations in this type of activity, and particularly those related to Workplace Safety.

The methodology to be followed for the design of the facilities is set out in the following table, and constitutes the set of tasks that must be performed before the start-up of a business.

5 0
3 years ago
Indicate the point where a monopoly will set its price
strojnjashka [21]

Where marginal cost equals marginal effort.

Marginal cost is the additional cost for producing each additional unit, and marginal effort is the additional work per unit

6 0
3 years ago
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If personal taxes were decreased and resource productivity increased simultaneously, the equilibrium _____. rev: 06_12_2018 Mult
SVETLANKA909090 [29]

Answer:

output would necessarily rise.

Explanation:

Tax is the amount that a government levies on its citizens to fund it's expenditure, and for the individual income tax is levied.

If the government decides to reduce personal tax, this will free up funds to engage in economic activities and make resources more productive. The individual's disposable income will increase and when invested in business activities to promote productivity.

Increased productivity will necessarily increase the output from the economy.

6 0
4 years ago
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