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Mila [183]
3 years ago
6

Sam student sends for a law school catalog from ivory towers university. according to the catalog, the law school applications a

re evaluated on the basis of undergraduate grades, standardized test scores and references. sam is a straight a student, has high test scores and excellent references, but his application is rejected. later he finds out that others with low grades and test scores were accepted based on their family connections and donations made to the university. if sam followed all of the guidelines in the college catalog and sent in the required application fee, then
a. this is not a contract.
b. this is a valid contract, the terms of which are set forth in the college catalog.
c. this is a quasi contract.
d. this is a voidable contract.
e. this is an implied contract.
Business
1 answer:
7nadin3 [17]3 years ago
5 0

If Sam had followed the guidelines in the college catalog, then there will be a valid contract that will be established as the school is likely to bound itself in honoring its obligations that are set forth in the college catalog. The correct answer is likely b.

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The most expensive benefit is usually
Veronika [31]

Answer:

c

Explanation:

the health care because it is very expensive benefit

6 0
3 years ago
Read 2 more answers
The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor
aivan3 [116]

Answer:

The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"

Explanation:

Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.

Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.

When:

MC > MB (producers shouldn't produce an additional good or service)

MC < MB (Producers should produce an additional good or service)

4 0
2 years ago
Currently, the spot exchange rate is $0.85/A$ and the one-year forward exchange rate is $0.81/A$. One-year interest is 3.5% in t
yarga [219]

Answer:

B) $42,035

Explanation:

Calculation to determine How much can you realize certain profit in U.S. dollar terms

First step is to calculate the repayment liability after one year

Repayment liability = (A$1,176,471 × 1.042)

Repayment liability = A$1,225,882.78

Second step is to determine the investment yield

Investment yield = $1,000,000 ×(1+.035)

Investment yield = $1,000,000 × 1.035

Investment yield= $1,035,000

Third step is to convert the investment yield into A$ at the forward rate of the amount of $0.81

A $ to yield = $1,035,000 ÷ 0.81

A $ to yield= A$1,277,778.22

Now let determine How much can you realize certain profit in U.S. dollar terms

Arbitrage Profit=(A$1,277,778.22-$1,225,882.78)×0.81

Arbitrage Profit= A $51,895.44 × 0.81

Arbitrage Profit = $42,035

Therefore How much can you realize certain profit in U.S. dollar terms will be $42,035

3 0
2 years ago
Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b
Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

Total cost of 25 houses = $5,050,000

Marginal cost = ?

Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

Marginal cost = $5,050,000 - $4,800,000

Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

5 0
3 years ago
Which of the following is an example of a relationship with a negative slope?
iren [92.7K]

Answer:

c. ​ More items purchased when prices drop

Explanation:

Lets determine the two variables and their relation in each of the cases.

a)

Quality decreases. Quantity purchased decreases. Both item decreasing is a positive relation and thus would not yield a negative slope.

b)

Spending rises. Income rises. Both items increasing is a positive relation and thus would not yield a negative slope.

c)

Purchases increase. Price decrease. One item increases while the other decreases and thus is a negative relationship with a negative slope.

d)

Qty sold increases. Quality increases. Both items increasing is a positive relation and thus would not yield a negative slope.

Hope that helps.

5 0
3 years ago
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