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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.

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Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,
Nina [5.8K]

Answer:

Basic earning per share = $3.69

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares

Number of ordinary shares = 390,000 × 2 = 780,000 units

Net income                                           2,900,000

Preferred dividend                               <u>  ( 24,000)</u>

Earnings available to shareholders     <u>2,876,000</u>

Number of ordinary shares                   780,000 units

Earnings per shares =   $2,876,000/780,000 units

                                  = $3.69

5 0
3 years ago
PERT and CPM
ValentinkaMS [17]

Answer:

Answer is option a, i.e. have been combined to develop a procedure that uses the best of each.

Explanation:

In project management, PERT i.e. project evaluation and review technique is used as a statistical tool that is used to assess the overall work that is done to complete a certain project. In order to complete a particular task, there can be 'n' number of paths or ways. The best decision of selecting a pathway that is time-saving as well as cost-saving is to be found out. This chosen path is then referred to as 'Critical path.' Hence, PERT and CPM can be understood as two faces of a single coin, and have been combined to develop a procedure that uses the best of each.

5 0
3 years ago
When completing a worksheet, the
Radda [10]

please elaborate i dont understande what your asking.

4 0
3 years ago
Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca
Tpy6a [65]

Answer:

10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department

Explanation:

Given:

                                       Costs          Square Feet         Number of Employees

Janitorial Department   $450,000          100                                 20

Cafeteria Department   $200,000       10,000                              10

Cutting Department      $1,500,000       2,000                             60

Assembly Department  $3,000,000      8,000                              20

               

                        Cafeteria                      Cutting                 Assembly           Total

                      Department                department   department

Square feet    10,000                        2,000                 8,000         20,000

% of allocation      50%                          10%                   40%  

                             \frac{10,000}{20,000} × 100          \frac{2,000}{20,000} × 100          \frac{8,000}{20,000}  × 100  

Hence, % usage by the cutting department is 10%

5 0
3 years ago
Gloria has an option to purchase the cottage she leases from her landlord. She can exercise the option within the next two years
Tju [1.3M]

The option that Gloria has to purchase the cottage that she leases from her landlord is called An option fee.

Gloria has an option to purchase this property here. Under this option, she and the landlord would have a mutually agreed percentage on the purchase price.

Gloria paid her landlord the $5000 in order for her to have the right that would enable her to buy this property at a later date in the future.

Read more on brainly.com/question/25684693?referrer=searchResults

3 0
2 years ago
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