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
nikdorinn [45]
3 years ago
12

7. On May 1, Jennings, a car dealer, emails Wheeler and says, "I have a 1955 Thunderbird convertible in mint condition that I wi

ll sell you for $13,500 at any time before June 9. [Signed] David Jennings." By May 15, having heard nothing from Wheeler, Jennings sells the car to another. On May 29, Wheeler accepts Jennings’ offer and tenders $13,500. When told that Jennings had sold the car to another, Wheeler claims Jennings has breached their contract. Did Jennings breach? Explain.
Business
1 answer:
tino4ka555 [31]3 years ago
6 0

Answer:

Jennings breached the contract

Explanation:

A merchant firm offer is one that is irrevocable, the offeror makes an offer to sell goods within a given time frame and signs off on it.

Even without consideration (acceptance) from the other party, the contract is irrevocable.

A merchant firm offer that does not have a stated time frame rains open for a reasonable time.

In this instance Jennings made a merchant firm offer. Even if Wheeler had not accepted the offer it is irrevocable till June 9.

So by selling the car on May 15 he has breached the contract.

You might be interested in
The PR team at GoodJuice writes an article on how well-prepared artificial fruit juices can help individuals lose weight. They b
laila [671]

Answer:

Native.

Explanation:

In this context, it can be said that GoodJuice is using a type of native advertising.

In this advertising strategy, the advertiser's objective is to win the attention of consumers through content that adds some kind of value, that generates engagement and interest. This is a type of paid ad that combines the content and function of the media on which it is served.

One of the examples of native advertising are the recommended content on a web page.

5 0
2 years ago
Is there anyone good in Accounting?
Helen [10]
Well, yes, is that's the question

3 0
3 years ago
Macroeconomics deals with the short-run variations in economic growth that make up the business.
madam [21]

Macroeconomics deals with the short-run variations in economic growth that make up the business cycle

This is further explained below.

<h3>What is Macroeconomics?</h3>

Generally,  The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.

The increase of economic activity is followed by periods of contraction, which together make up a business cycle.

These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.

Business cycles are a sort of variation that may be observed in the overall economic activity of a country.

A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.

In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.

Read more about  Macroeconomics

brainly.com/question/28424197

#SPJ1

5 0
1 year ago
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted bas
zavuch27 [327]

Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000

Explanation:

As given in the question

  • <u>Emma and Laine form the equal EL Partnership.</u>
  • <u>Emma contributes cash of $100,000 in EL Partnership</u>
  • <u>Laine contributes property with an adjusted basis of $40,000</u>

1)How much gain, if any, must Emma recognize on the transfer

<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>

2) What is Emma's basis in her partnership interest

<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>

3) What is Laine's basis in her partnership interest

<u>Ans: Laine's basis in her partnership interest is $40000</u>

4) What basis does the partnership take in the property transferred by Laine

<u>Ans: $40,000</u>

5 0
3 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
leva [86]
Self-interest of course! Though you gave us no clue as to who is Adam... You can tell it's mostly self-interest due to the fact that he hasn't taken any class or anything on it. Looks to me that he genuinely just loves cooking!
4 0
3 years ago
Read 2 more answers
Other questions:
  • Community college credits never transfer to a 4 year institution
    8·1 answer
  • A neurobiologist explains to his students that the human nervous system is analogous to electrical circuits in homes. if the cir
    6·1 answer
  • Ultimate Sportswear has $100,000 of 8 noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has
    6·1 answer
  • A primary consumer gets energy from a producer. where does the energy go from there? all of the energy is transferred to seconda
    5·2 answers
  • Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Cathol
    7·1 answer
  • At the beginning of 2018, Artichoke Academy reported a balance in common stock of $168,000 and a balance in retained earnings of
    12·1 answer
  • Which of the following is a similarity between an industrial metrologist and a legal metrologist?
    5·1 answer
  • Define corporate culture. What are the components of a good corporate culture? Why do you think that corporate culture has such
    5·1 answer
  • Television advertising offers many advantages to national advertisers, but it is a relatively ______ form of advertising
    8·1 answer
  • If you are e-filing your tax returns, explain why it is beneficial to file your federal and state taxes through the same e-filin
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!