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madam [21]
4 years ago
5

Donna is an accountant and decides to do her friend Mike a favor by filing his taxes for free. Mike is very thankful and tells D

onna "I will pay you $500 for being so kind and generous!" Mike fails to keep his promise and does not pay Donna the $500. Donna then brings an action to have the promise enforced. Will the court hold that a contract exists? a) Yes, what Mike did to Donna was unjust and therefore the contract is enforceable. b) No, past consideration is no consideration at all. c) Yes, due to the preexisting duty rule. d) No, it is an illusory promise and is no consideration at all.
Business
1 answer:
MArishka [77]4 years ago
4 0

Answer:

D.

Explanation:

That's like saying I'll give you $500 if you can make this basket . He made a PROMISE with money he didn't have yet .

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Delaware Corp. prepared a master budget that included $18,225 for direct materials, $28,800 for direct labor, $15,400 for variab
Brut [27]

Answer:

$19,440

Explanation:

The computation of the direct material cost is shown below:

But before that first we have to determine the per unit which is given below

= Total direct material cost ÷ planned selling units

= $18,225 ÷ 4,050 units

= $4.5

And, the actually selling units is 4,320 units

So, the direct material cost is

= Per unit cost × actually selling units

= $4.5 × 4,320 units

= $19,440

We simply multiplied the per unit with the actually selling units so that the direct material cost could come

6 0
3 years ago
Evaluate the impact of induction on Coep​
melamori03 [73]

Answer:

Jul 23, 2020 — This phase II study aimed to evaluate the efficacy and safety of ... 2-3 cycles of induction pegaspargase-COEP chemotherapy followed by ...

Explanation:

6 0
3 years ago
Nachman Industries just paid a dividend of D0 = $1.32. Analysts expect the company's dividend to grow by 30% this year, by 10% i
Nuetrik [128]

Answer:

Stock's current market value = $44.87

Explanation:

We can solve this stock valuation problem using DDM (Dividend Discount Model).

Lets find the dividends for the years:

D0 = $1.32

D1 = $1.32*1.3 = $1.716

D2 = $1.716*1.1 = $1.888

D3 = $1.888*1.05 = $1.982

The formula of stock valuation:

P_n=\frac{D_{n+1}}{k_e-g}

Lets calculate the terminal value after Year 3 afterwards:

P_n=\frac{D_{n+1}}{k_e-g}\\P_n=\frac{1.982}{0.09-0.05}\\P_n=49.55

<u>Note:</u> rate of return, k_e = 0.09 (given) and growth rate (g) is 5% or 0.05

Now,

The present value of the stocks is gotten using formula:

P_n=\frac{D_{n+1}}{(1+r)^n}+\frac{Terminal}{(1+r)^n}

So, we have:

P_0=\frac{1.716}{1.09}+\frac{1.888}{1.09^2}+\frac{49.55}{1.09^2}\\P_0=44.87

Stock's current market value = $44.87

4 0
3 years ago
Free-Flo Pipes &amp; Plumbing Corporation is a private employer involved in an employment discrimination suit under the Civil Ri
Natasha_Volkova [10]

Answer:

acted with malice or reckless indifference.

Explanation:

Employment discrimination.is one that is as a result of am employer's race, gender, religion, national origin, disability, age, sex, orientation, and gender by an employer.

Under the Civil rights act of 1964 Free-Flo Pipes & Plumbing Corporation will be liable if they acted with malice or reckless indifference.

All employees must be able to express themselves and work freely without being targeted in a wrong way by employers.

3 0
3 years ago
Weston Inc. wants to outsource its customer service operations. The top managers of the company are preparing a plan exclusively
morpeh [17]

Answer:

Single use plan

Explanation:

A single use plan is employed in tackling a particular organisational situation. This plan is only used once, because it is used to solve a specific situation and then discarded when the situation has been tackled.

A single use plan is utilized in situations that is unlikely to be repeated in the nearest future since the main purpose of the plan is to solve a particular problem.

The single use plan can be very precise in handling a particular situation.

5 0
4 years ago
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