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
Natasha2012 [34]
3 years ago
14

The manager of Mack's Bar sent Olive Outlet an order for 200 cases of olives to be shipped "as soon as possible." The day Olive

Outlet receives Mack's order, it ships the olives. Later that day, Mack's manager phones Olive Outlet and tries to revoke his offer. Under these circumstances:
Business
1 answer:
Harman [31]3 years ago
7 0

a. Mack does not have to accept the shipment

b. Olive Outlet has accepted and breached the contract

c. Olive Outlet's shipment is considered a counteroffer

d. Mack cannot revoke based on principles of promissory estoppel

Answer:

d. Mack cannot revoke based on principles of promissory estoppel

Explanation:

Promissory estoppel refers to the doctrine in contract law that allows a party's recovery for damages suffered based on the party's reliance on a promise even if there is no legal contract between the aggrieved party and the party that fails on the promise. From the above this stops mack's bar from going back on its promise to buy the goods of Olive outlet even there is no legal contract yet as olive outlet may have already suffered damages.

You might be interested in
11
sukhopar [10]
B. extracurricular activities!
6 0
3 years ago
Which of the following is most likely to have inelastic demand?
iren [92.7K]
I think the answer is A
6 0
2 years ago
Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75
guapka [62]

Answer:

D) 5182 glass vases

Explanation:

<em>Contribution per glass vases:</em>

$4.5 selling price - $ 1.75 variable cost= 2.75

<em>Operating income:</em>

29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income

<em>Target income is to obtain a 20% increase:</em>

71,250 x (1 + 20%) = 85,500 target income:

<em>units needed for target income:</em>

(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81

aditional glass vases needed for target income:

34,182 - 29,000 = 5,182

3 0
3 years ago
The Hill Company reported the following results:
krok68 [10]

Find the attachments for complete answer

8 0
3 years ago
Melanie is on a team of professionals working on an outdoor ad campaign. Her team has to make sure that the ad has maximum impac
Mrac [35]

Melanie's team should create an ad with an attractive image and minimal text.

Option B

<u>Explanation:</u>

Creating an advertisement with relevant and attractive image along with minimal texts like taglines would publicize the brand and would deliver the relevant message or information among the mass audience with ease and efficiency.

The color and contrast are also one of the important element in editing the image that has been selected for an advertising poster as this would readily  catch the eyes of the target audience.

Writing a pretty long text would not help as a passerby would never wait and read all the texts. Creating a poster with an attractive image and no text would not give the idea about what the ad is.

Therefore, advertising in outdoor would be created with a catchy image and slogan or tagline.

6 0
3 years ago
Read 2 more answers
Other questions:
  • In the diagram above, what will happen if the government sets the price for potatoes at point A?
    12·1 answer
  • Cumulus Corp. wants to generate goodwill among its customers. It aims at gaining a favorable impression that can positively impa
    6·2 answers
  • When there is excess demand for a product in a market, a. price must be above the equilibrium price. b. producers will reduce ou
    15·1 answer
  • Brushy Mountain Mining Company’s coal reserves are being depleted, so its sales are falling. Also, environmental costs increase
    8·1 answer
  • Hannah was fired by Friendly Catering Company (FCC) without a valid reason. The company's employee handbook stated that employee
    5·1 answer
  • Earley Corporation issued perpetual preferred stock with a 10% annual dividend. The stock currently yields 8%, and its par value
    7·1 answer
  • If a firm with a positive net worth is operating its fixed assets at full capacity, if its dividend payout ratio is 100%, and if
    9·1 answer
  • Interview any local business owner and request him/her to identify any business problem that they are experiencing. Apply delphi
    13·1 answer
  • A firm has to choose between two technologies; both produce same output with one being labor intensive and other being capital i
    7·1 answer
  • CASE STUDY:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!