1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleksandr [31]
3 years ago
15

Seller offers to sell her home to a purchaser for $70,000.00. The purchaser responds that she will buy the home for $60,000.00.

The seller refuses the purchaser’s offer to buy for $60,000.00. The purchaser then, after that refusal, offers to buy the home for $70,000.00. At this time, what is the legal relationship of the parties
Business
1 answer:
nikklg [1K]3 years ago
8 0

Answer:

The answer is: The buyer made an offer to purchase the home for $70,000

Explanation:

When the seller offered to sell his home for $70K, but the buyer only offered $60K, the original offer was discarded, so no legal relationship was established.

When the buyer later offers to buy the home for $70K, a new offer is made creating a legal relationship only if the selling party accepts the offer.

You might be interested in
Which of the following are considered in determining a fair and reasonable price in a municipal agency transaction?
Alexus [3.1K]

Answer: All of the above

Explanation:

To determine a fair and reasonable price in a municipal agency transaction, the things to be considered are:

• Availability of the security

• Expenses associated with affecting the transaction

• Value of services rendered by the municipal broker

• Value of any other compensation received in connection with this transaction.

These are the four main factors that'll have to be considered before a fair price is determined.

Therefore, all the options are correct.

7 0
3 years ago
When a government establishes a marketable permit program to address environmental pollution, it is actually issuing a form of c
adoni [48]

A government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

<h3>What is a marketable permit program?</h3>

This refers to a a program in which a city / state government issues permits allowing only a certain quantity of pollution such as water, noise, air pollution into the environment.

In other times, the permits to pollute can be sold or given to firms free and the pollution charge can also be a tax imposed on the quantity of pollution that a firm emits.

Hence, the government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

Read more about marketable permit program

brainly.com/question/16024589

#SPJ1

4 0
2 years ago
What is the difference between the work of an auditor and finance manager? ​
cupoosta [38]

Answer:

Accountants and finance managers both work with clients and businesses to improve their finances. However, finance managers supervise all financial aspects of a business over a long period of time, while accountants focus on managing financial records and taxes.

7 0
3 years ago
During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
mel-nik [20]

Answer:

[b] = $ 2500

[c] = $ 7500

[d] =  Gross margin = 22500 – 15000 = $ 7500

   Net Income = 7500 – 4000 = $ 3500

[e] = $ 3500

Explanation:

Here the solution is given as follows,

3 0
3 years ago
Which security method involves coding your readable emails into a format that is illegible
Natalka [10]
Which security method involves coding your readable emails into a format that is illegible? Cryptography. Businesses and individuals will use cryptography to keep information secret. This makes it hard for people who want to crack information and decode information that they do not have access to.
6 0
4 years ago
Other questions:
  • As they embrace the new advertising opportunities technology affords them, sports and entertainment marketers must be careful no
    5·1 answer
  • ​Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. It has budgeted​ $40,000 for this purcha
    10·1 answer
  • Debit means increase and credit means decrease for all accounts. true false
    14·1 answer
  • Arbitrage is based on the idea that _________
    5·1 answer
  • What is the primary benefit for people and nations that engage in trade?
    5·1 answer
  • If a company's efforts to differentiate its products are met with consumer disinterest, the company puts itself at risk for lowe
    15·1 answer
  • The cost of energy consumed in producing good units in the Bottling Department of Mountain Springs Water Company was $36,850 for
    11·1 answer
  • Problem 11-5 Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The a
    13·1 answer
  • Brown Industries has a debt-equity ratio of 1.5. Its WACC is 9.6 percent, and its cost of
    15·1 answer
  • A ______ the demand curve represents a change in demand while a ______ the demand curve represents a change in the quantity dema
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!