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vfiekz [6]
2 years ago
9

Jane: "I'll pay you $50 if you will clean my windows." Al: "I'll do it for $75." Jane: "$65 and it's a deal." Al: "No way." Jane

: "Too late. We have a contract." Which of the following statements is true? a. There is a contract to clean the windows for $75. b. There is a contract to clean the windows for $65. c. There is no contract. d. Jane is correct, there is a contract.
Business
1 answer:
Harlamova29_29 [7]2 years ago
7 0

Answer:

c. There is no contract.

Explanation:

For a contract to be valid there has to be a offer and acceptance. In the question there was no offer that was accepted. Let us go through the conversation;

Jane made an offer of $50

Al did no accept, instead he made an offer of $75

Jane did not accept Al's offer instead she made an offer of $65. To this offer Al said "No way" meaning he did not accept.

You might be interested in
Sunny corporation reported the following results for december: Description AmountNumber of units sold 800 unitsSelling price per
Llana [10]

Answer:

The gross margin for December is: 0.5%.

The Gross margin of an organisation or business measure the extent by which its income exceeds the costs it incurs in producing its goods and or services.  

The gross margin is measured in percentages. The higher the percentage of this margin, the higher the effectiveness of the company's management in deriving value from every dollar invested.

Explanation:

To arrive at Gross Margin, one is required to subtract the total cost of goods sold from total revenue for the period and dividing that number by revenue. That is:

Gross Margin (GM) = \frac{Revenue-Cost of Goods Sold}{Revenue}

Step I - Calculate Revenue

This is given as the total amount of goods sold which is:

800 x $500 = $400,000

Step II - Calculate Cost of Goods Sold

Cost of goods sold per unit is given as

$250 per unit.

Total Cost of Goods sold therefore is

800 x $250 = $200,000

Step III - Calculate Gross Margin

= \frac{400,000-200,000}{400,000}

= \frac{200,000}{400,000}

= \frac{1}{2} or 0.5%

Cheers!

7 0
3 years ago
Canada goes to considerable lengths to protect its television program and magazine producers from U.S. competitors. The United S
Anettt [7]

Answer:

D. All the Above

Explanation:

A. Lead to greater productivity

This is true because through specialization and competitive advantages you can achieve greater productivity in the production of goods and services. If you have a competitive advantage, it is because you have more capital, infrastructure and specialized human capital in the production of a specific type of good or service so that a greater amount of that good can be produced than another country in the same time.

B. Lead to greater output even if you can do everything better than someone else.

This is true since although a country has a competitive advantage in all industries, concentrating its labor and capital in the production of the good or service in which it has the greatest competitive advantage will allow a higher level of production in that sole good/service than if he divided his resources into the production of other goods and services.

C. Lead to international trade and overall gains for the nations involved.

This point, despite being true, is debatable. In theory, international trade allows to reach greater levels of wealth to the countries involved by being able to exchange the goods in which they have competitive advantage for others that if they were produced in the country they would consume part of their resources by not having such high productivity as if it will trade with a country that does have the capacity to produce it.

Having this clear, we can say that all of the above are true, so the answer is D.

4 0
3 years ago
Li Meng purchased a property that had been owned by the same man for more than 40 years. The title search was clean. In the spri
stira [4]

The covenant is against encumbrances.

<h3><u>what is an encumbrance?</u></h3>

A claim made against a piece of property by someone who isn't the owner is called an encumbrance.

  • Encumbrance may affect the property's ability to be transferred and limit its free use until the encumbrance is removed.
  • Real estate is subject to the most prevalent kinds of encumbrances, such as mortgages, easements, and property tax liens.

The previous property owner failed to disclose to Li Meng that there was an easement across the property.

Learn more encumbrance with the help of the following link:

brainly.com/question/14844424?referrer=searchResults

#SPJ4

6 0
1 year ago
Which of the following is an effective strategy for personal saving?
trasher [3.6K]

The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

<h3>What is personal saving?</h3>

Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.

The effective strategy for personal saving a person is expected to follow is for the person  to save a  percentage of each of their salary or  paycheck and deposit the money directly into their savings account.

Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

Learn more about personal saving here:brainly.com/question/15279000

#SPJ1

6 0
1 year ago
Five hundred small almond growers operate in areas with plentiful rainfall. The marginal cost of producing almonds in these loca
notka56 [123]

Answer:

Explanation:

Where Price equals marginal cost ( MC ) , supply will be made .

A ) Supply curve for rainfed area  almond growers

P = .02 Q

Q = 50 P

Supply curve for drier area growers

P = .04 Q

Q = 25 P

B ) No of growers of rainfed area = 500

no of growers of dry area = 300

Total supply = Qs = 50 P x 500 + 25 P x 300

= 25000 P + 7500 P = 32500 P

C )

Market demand Qa = 105000 - 2500 P

For equilibrium Qa = Qs

32500 P = 105000 - 2500 P

35000 P = 105000

P = 3

D ) Qs = 32500 x 3 = 97500 .

E ) amount by rainfed growers

= 500 x 50 x 3 = 75000

amount by dry area growers = 300 x 25 x 3 = 22500

7 0
3 years ago
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