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
Semenov [28]
3 years ago
9

Tambe Electric Inc. entered into a written agreement with Home Depot to provide copper wire to Tambe at a price set forth in the

writing, and allowing the contractor the option of paying for the wire over a period of time. Home Depot did not fulfill this written agreement and Tambe sued for $68,598, the additional cost it had to subsequently pay to obtain copper wire for its work. Home Depot defended that it had made an oral condition precedent requiring payment in full by Tambe at the time it accepted the price quoted in the written agreement. Decide.
Business
1 answer:
Pani-rosa [81]3 years ago
4 0

Answer:

My opinion is

Appeals court affirmed the decision.

The parol evidence rule holds. The oral agreement conflicts with expressly written terms, hence the written terms hold. The seller is liable for breach.

Explanation:

Facts

1) Buyer and seller made a written contract for seller to sell buyer wiring equipment with payment to be made over time.

2) Seller failed to provide items as contract requested, also claimed prior oral agreement with buyer for payment to be in full.

3) Buyer sued. Trial court held for buyer. Seller appealed.

Relevant Terms, Laws, and Cases

Parol evidence rule states that written contract can’t be contradicted by oral agreements made prior to the contract as legal evidence. However, oral agreements that explain contract terms are allowed

You might be interested in
There are costs and benefits to either method of solving a Capitalizing Problem.<br> True or False?
Diano4ka-milaya [45]

Answer:

True.

Explanation:

3 0
3 years ago
In a statement of cash flows: Multiple Choice No noncash transactions are reported in the statement itself or the related footno
vesna_86 [32]

Answer:

The answer is C. The two primary reporting classifications of cash flows are inflows and outflows

Explanation:

Statement of Cash flows is prepared using cash basis i.e it recognizes outflow only when money goes out of the business and recognizes inflow only when money comes in. This is unlike accrual basis. So the primary reporting classifications are inflow and outflow.

Option A is incorrect because non cash transactions are reported in the statement. For example, depreciation under indirect method of preparing operating cash flow is a non cash transaction.

Option B is wrong because operating activities under cash flow statement are not the same as reported under income statement.

Option D is wrong because inflow and outflow are reported under all the three sections of statement of cash flow

6 0
3 years ago
Where do the prime minster lives
Tems11 [23]

Answer:

of which country!!!!!!!!!!!!!!!!!!!

The Prime Minister's official residence is 10 Downing Street; the Chancellor's official residence is Number 11. The government's Chief Whip has an official residence at Number 12. In practice, the individuals involved may live in different flats; the current Chief Whip actually lives at Number 9.

7 0
2 years ago
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t
gulaghasi [49]

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

7 0
3 years ago
If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.
Jlenok [28]

Rs 1600000

Explanation:

accounting equation= asset= liability+capital

3 0
3 years ago
Other questions:
  • Which of the following would not affect the size of real GDP
    6·1 answer
  • A large bureaucratic organization is about to undertake a massive change in the way they do business. these changes will include
    11·1 answer
  • When Devin Spencer went to work for a printing shop, he thought he was going to have to join the union representing the shop. Ho
    6·1 answer
  • Wildhorse Inc. wishes to accumulate $1,092,000 by December 31, 2030, to retire bonds outstanding. The company deposits $168,000
    7·2 answers
  • Select all the items that describe the role of a producer. a) You want to charge a price that earns profits. b) You want to char
    8·1 answer
  • What makes government contracts unique?
    14·2 answers
  • If Joseph chooses combination of apples and oranges along his budget line where the marginal rate of substitution of apples in p
    9·1 answer
  • QUESTION 1 of 10: According to the reading, this is the first step in market research:
    6·1 answer
  • Loan taken accounting equation<br>​
    15·1 answer
  • A 40-year old taxpayer has owned a Roth IRA for more than 5 years. A $10,000 distribution will be considered nonqualified if the
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!