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
evablogger [386]
3 years ago
15

Johanna agrees to purchase Jessie’s land so that she can build a golf course. They write a contract, and Johanna transfers the d

eed to Jessie. Jessie pays Johanna the entire purchase price. Johanna and Jessie have discharged their contract by __________.a. breach.
b. performance.
c. concurrence.
d. lapse of time.
Business
1 answer:
Andrews [41]3 years ago
8 0

Answer:

b. performance.

Explanation:

Discharge of contract by performance is when the both the parties agreeing to a contract performs their respective promises.

Discharge of contract by performance is a normal and natural mode of completing a contract.

Once the performance i.e the agreeing statements are proper and complete by the both the parties, they are free from the further liabilities.

You might be interested in
On November 15, Paulson Painting received a $6,000 cash payment from Apex Inc. in exchange for painting services to be provided
ahrayia [7]

Answer:

c. In Paulson's general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Service Revenue account will be too high and the ending balance for the Unearned Service Revenue account will be too low

Explanation:

Around 15th November, Paulson Painting endured a $6,000 cash amount from Apex Inc. in replacement for painting services to be rendered in the month of December. While posting the journal insertions correlated to this amount, Paulson's controller debits the Cash statement for $6,000 as well as charges Service Revenue toward $6,000. The statement which best describes the results of this posting is that, <u>in Paulson's general ledger, the ending balance for the Cash account will be accurate. Nevertheless, the ending balance regarding the Service Revenue account will remain extremely high as well as the ending balance for the Unearned Service Revenue account will remain extremely low.</u>

5 0
3 years ago
You are planning to save for retirement over the next 44 years. To do this, you will invest $500 a month in a stock account and
OverLord2011 [107]

Answer:

MILLONS

Explanation:

8 0
3 years ago
All of the following are weaknesses of the payback method except:_______.
melomori [17]

Answer:

Correct Answer:

d. none of the above

Explanation:

Payback method is a simple accounting method used to projects incoming cash flows from a given project and identifies the break even point between profit and paying back invested money for a given process.

7 0
3 years ago
Frank and lillian gilbreth developed the principle of _________, which said that every job could be broken down into a series of
Lady bird [3.3K]

Frank and lillian gilbreth developed the principle of motion economy, which said that every job could be broken down into a series of elementary motions.  The motion economy has principles that are in place to improve the manual work within a manufacturng career field. These are to help a manufacturer worker not be exhausted so quickly and reduce the trauma that may occur within this career field.

3 0
3 years ago
In the actual economy, goods and services are purchased byA. households, but not firms or the government. B. households and the
GenaCL600 [577]

Answer:

C. households, firms, and the government.

Explanation:

In the actual economy, goods and services are purchased by households, firms, and the government.

7 0
3 years ago
Other questions:
  • Technological disruption: a. mostly affects the new entrants. b. is a problem primarily in embryonic industries. c. is typically
    13·1 answer
  • The (annual) expected return and standard deviation of returns for 2 assets are as follows: Asset A Asset B E[r] 10% 20% SD[r] 3
    10·1 answer
  • . An externality is: A. the costs that parties incur in the process of agreeing and following through on a bargain. B. the uncom
    15·1 answer
  • True or false? until recently, congress provided subsidies to tobacco growers and has been very reluctant to pass legislation op
    13·1 answer
  • Peter and Marcia, both age 34, can each pay $650 a year each on life insurance for themselves. About how much is the face value
    5·1 answer
  • ABC Corporation has the following information: Total market value of a company’s stock: $650 million Total market value of the c
    14·1 answer
  • A manufacturer of tiling grout has supplied the following data:
    10·1 answer
  • A commercial bank like Comerica creates money by Group of answer choices making loans. earning profits. printing paper money. se
    12·1 answer
  • Will mark BRAINLIEST!!!
    7·1 answer
  • A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. Its return on total as
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!