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Anastasy [175]
3 years ago
11

Which of the following promises is subject to the "strict performance" standard? Assume that performance of the promise is not a

n express condition of the promisee's duty to perform. cousrse hero
Business
1 answer:
blagie [28]3 years ago
4 0

Answer:

A promise to deliver a deed

Explanation:

The term, 'strict performance' is used to describe a contract between two parties. A contract is an agreement between two parties, and it is legally binding. When discharging contracts involving services, 'substantial performance' is required. For example, if I tell a painter to paint my house blue except for the kitchen and storeroom which should be painted white, and he does accordingly but failed in painting the kitchen white, he has performed substantially even though there was a minor breach. The consequences of which would be borne by him.

'Strict performance' is required in contracts where the terms are stated in express terms and the standards are very high. A 'deed' is such a contract because it is a document specifying the legal rights of a person or the ownership of a property. It requires the signatures of the two parties. Therefore, strict performance and adherence to the contractual deed are required.

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Which of the following is a feature of a credit card ?
Sergio [31]
The answer should be D if not it's A
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Scott wants to accumulate $3,800 over a period of 11 years so that a cash payment can be made for roof maintenance on his summer
Kamila [148]

Answer:

$240.76

Explanation:

The formula to determine the annual deposit is :

p = FV / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

FV = Future value  

P = Present value  

R = interest rate  

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Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599

p = $3800 / 15.783599 = $240.76

3 0
3 years ago
Police radar equipment is used to detect the speed of objects. In one trial, the radar equipment records a stationary tree as tr
Ganezh [65]

The measurement problems that exist in the radar equipment are accuracy , reliability

<u>Explanation:</u>

There are two different kinds of Radar that is being used such as rotating- antenna radar and  traffic radar. The type of radar that is being used by police contains a stationary single antenna. this will be pointing in one direction. The signal that is modulated will not be sent. There will not be any cathode ray screen for displaying the collected information.

As the antenna points only one direction it can measure only the speed of those object that is either moving towards or away from the radar. It cannot sense the kind of object that it is measuring and it could not also tell the direction in which the object is travelling. Hence, the reliability and the accuracy are the main measurement problems.

3 0
3 years ago
An account is defined as a record of the business activities related to a particular item. True or false?.
Natalka [10]

An account is defined as a record of the business activities related to a particular item. The given statement is true.

Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.

Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.

Learn more about business activities here

brainly.com/question/7924898

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3 0
1 year ago
Why is it beneficial for businesses to be stationed in cities?
masya89 [10]
Because there are more buyers of your product and more suppliers for the things you need.
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