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Soloha48 [4]
3 years ago
8

Vacation Vistas, Inc., agrees to sell certain acreage to Umiko, who intends to develop a destination resort. Vacation Vistas rep

udiates the deal. Umiko sues Vacation Vistas and recovers damages.
She can now obtain:

a) an amount in a quasi-contractual recovery.
b) damages representing restitution.
c) specific performance of the deal.
d) nothing more.
Business
1 answer:
Irina18 [472]3 years ago
7 0

Answer:

The best answer is"D"

Nothing more.

Explanation:

repudiation of a deal occurs when one party unconditionally breaches the terms of agreement under the contract of promise regardless of when the exchange or performance is suppose to take place.

Therefore, She can now obtain nothing more because she filed a law suit and have recovered damages.

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Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
Nadusha1986 [10]

Answer:

The correct answer is C

Explanation:

The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.

It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.

So, computing the bad debt expense as:

Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts

= $3,600 - $600

= $3,000

ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.

6 0
3 years ago
In path–goal theory, which leadership style is best for managing employees who are new to dealing with ambiguous, unstructured t
Semenov [28]

Answer:

Directive Leadership

Explanation:

Directive Leadership style is a leadership style where all the power is with the leader and is highly centralized and undivided.

5 0
1 year ago
Which is a desirable characteristic to look for when choosing a credit card? no grace period low down payment no annual fee high
vredina [299]
The best choice is no annual fee
3 0
3 years ago
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A concentration ratio:
Masja [62]

Answer: Option (B) is correct.

Explanation:

Concentration ratio reflects the level of competition among the firms in an industry. When a concentration ratio is lower in an industry, it represents that greater the competition among the firms and if this ratio is around 100% then there is no competition among the firms, it is a situation of monopoly.

8 0
3 years ago
savings account a and savings account B both offer aprs of 11% but savings account A compounds intrest quarterly while Savings A
Sever21 [200]

The answer is savings account A.

Since savings account A compounds the interest quarterly it adds interest to the account every quarter. This makes it a more profitable account than one that compounds the interest semiannually. The reason is that the bank is adding interest more frequently, so you are earning interest on the interest that the bank has already paid you.

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3 years ago
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