A project manager has to manage tasks and identify schedule problems during the

Pierre left a message on Shayna’s voicemail stating, “Hey Shayna. Regarding that painting we talked about. I changed my mind and

zysi [14]

The contract between Pierre and Shayna is not a valid contract due to the lack of acceptance from Shayna.

Further Explanation:

Contract:

A legally enforced agreement is considered a contract. An agreement is a promise between two parties to perform tasks for each other for some consideration. When an agreement becomes legally enforced, then it is considered as a contract. So the contract is a legally enforced promise between two parties for considerations. Both parties should get consideration and have a performance obligation.

Following factors are required for the contract:

Offer: A person should offer some consideration to another person for performing any activity or in the exchange of goods.

Acceptance of offer: The other person should accept the offer made by the first person.

Valuable consideration: There should be valuable consideration for both the parties.

Mutual obligation: Parties should promise to execute their obligated activities.

The performance capacity of the parties: Parties should be capable of performing the contract.

Legally enforcement: The contracts should be legally enforced.

These are the basic elements of a contract. If any contracts lack any of the given factors, then it will not be considered as a valid contract.

The contract between Pierre and Shayna:

In the current case, Pierre makes an offer to sell the painting to Shayna. Pierre leaves a message in the voicemail of Shayna, stating that if Shayna does not contact Pierre within one hour, then Pierre would consider that the Shayna wants to purchase the painting.

It is not a valid contract as it lacks the acceptance of the offer from Shayna.

Pierre enters the contract to sell the painting without considering the acceptance of the offer by Shayna. Pierre puts a condition that if she does not receive any revert from Shayna within one hour, then she would consider that Shayna has accepted the offer. For a valid contract, the promisee should accept the offer but the condition of acceptance (revert within one hour) does not state for the acceptance of Shayna. So, it will not be considered a valid contract.

Thus, the contract between Pierre and Shayna is not a valid contract due to non-acceptence.

Learn more:

1. Learn more about the cash deficiency

brainly.com/question/12981857

2. Learn more about the span of control

brainly.com/question/12986822

3. Learn more about the sales budget

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Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Contract Act

Keywords: Pierre, message, Shayna, voicemail, painting, mind, sell, steal, people, ASAP, hear, within an hour, not a valid contract, purchase a painting, lack of a(n), contract act, agreement, law, business law, promise, valid contract.

7 0

3 years ago

Operating data for Swifty Corporation are presented below. 2022 2021Sales revenue $830,700 $634,900 Cost of goods sold 529,000 4

Anastaziya [24]

Answer and Explanation:

The preparation of the vertical analysis is presented below:

Particulars Amount % Amount %

Sales $830,700 100 $634,900 100

Less:

Cost of goods sold $529,000 63.7 $415,000 65.4

Gross Profit $301,700 36.3 $219,900 34.5

Less:

Selling Expenses $124,700 15.0 $73,600 11.6

administrative expenses $78,800 9.5 $53,900 8.5

Total Operating

expenses $203,500 24.5 $127,500 20.9

Income before

income taxes $98,200 11.8 $92,400 14.5

Less:

Income tax expenses $33,500 4.0 $23,400 3.7

Net Income $64,700 7.8 $69,000 10.8

Working note

The percentage is like

= Items value ÷ sales × 100

Like for cost of goods sold

= $529,000 ÷ $830,700 × 100

= 63.68%

It is same applicable for other items also

7 0

4 years ago

Sufra Corporation is planning to sell 100,000 units for $3.20 per unit and will break even at this level of sales. Fixed expense

prohojiy [21]

Answer:

$2.09 per unit

Explanation:

The computation of variable expenses per unit is shown below:-

Let variable costs be $x

Contribution margin per unit = Sales - Variable costs

= $3.20 - x

At break-even,units = Fixed costs ÷ Contribution margin

100,000 = $111,000 ÷ ($3.20 - x )

100,000 × ($3.20 - x ) = $111,000

$320,000 - 100,000x = $111,000

($320,000 - $111,000) ÷ 100,000 = x

$209,000 ÷ 100,000 = x

x = $2.09 per unit

7 0

3 years ago

Which of the following statements about marketing is true?

horsena [70]

The most accurate statement about marketing is that B) It can help create jobs in the economy by increasing demand for goods and services.

Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services

If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.

Other options are wrong because:

Marketing is always important, even when goods are standardized
Marketing has an impact on the intangible assets of a company especially goodwill
Marketing is more important to smaller firms than larger ones

In conclusion, marketing leads to increased employment in an economy.

Find out more at brainly.com/question/19485755.

Options for this question include:

A) It is of little importance when products are standardized.

B) It can help create jobs in the economy by increasing demand for goods and services.

C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.

D) It is more important for bigger organizations than smaller ones.

5 0

3 years ago

(PLEASE ANSWER FAST) (15 POINTS)

Fantom [35]

The given assertion about the role of clubs, organizations, and CTSOs to help narrow down a career choice is true.

This refers to an acronym that means Career and Technical Student Organizations and they help students to pick a career choice.

Hence, we can see that because of the various importance of both clubs, organizations, and CTSOs, they can help to give real-life solutions and also helps them to develop problem-solving skills.