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-BARSIC- [3]
3 years ago
6

A buyer defaulted some time ago on a written contract to purchase a seller's real estate. Can the seller sue for damages?

Business
1 answer:
padilas [110]3 years ago
4 0

Answer:

Yes, if statute of limitation allows.

Explanation:

A seller can sue the buyer because the buyer defaulted some time ago on a written context as long as the statute of limitation allows. Statute of limitation is a law which is normally passed by the legislation which limits a person to sue a client.  So, yes a seller can sue the buyer if the seller is not prohibited according to the statute of limitation.

You might be interested in
List two ways the decision making matrix model is used to consider risk
Julli [10]

<em>Answer:</em>

1-Likelihood

2- Outcome

<em>Explanation:</em>

<u>1-Likelihood :</u> It is a mechanism for measuring the level of risk in the matrix model. A risk assessment is effective for risk prevention and guidance for decision making.

<u>2- Outcome:</u> It is a tool that assists in decision making based on measurement of results. Through the results it is possible to measure the strengths and weaknesses of a given period and outline strategies to correct the failures.

8 0
3 years ago
Adams Company sells a product whose contribution margin is $10 and selling price is $25.
Karolina [17]

Answer:

answer is b) False

Explanation:

given data

contribution margin = $10

selling price = $25

total fixed costs = $500

break-even point  = 100 units

solution

we get here Break even point that is

Break even point = \frac{fix\ cost}{contribution\ margin}   ...........1

Break even point = \frac{500}{10}

Break even point = 50 units

but we have given break-even point is 100 units

so answer is b) False

6 0
3 years ago
Someone who is applying for a loan from a bank can expect the bank to A investigate the person's parents to see if they were fin
Korolek [52]

Answer:

B. Check the person's credit history to make sure he or she pays debts on time.

Explanation:

Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.

One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.

Thus, the correct answer is option B.

8 0
3 years ago
Normative economic analysis involves: Group of answer choices value judgments. purely descriptive statements. testable hypothese
nlexa [21]

The normative economic analysis involves <u>value judgments and opinions.</u>

<h3><u>By normative economic analysis, what do you mean?</u></h3>

Normative economics is an approach to the study of economics that expresses normative or ideologically prescriptive judgments on economic development, investment initiatives, claims, and scenarios.

Normative economics is heavily concerned with value judgments and declarations of "what ought to be" rather than facts based on cause-and-effect statements, in contrast to positive economics, which is dependent on objective data analysis. It reflects ideological opinions regarding potential outcomes for economic activity in the event that public policy changes. It is impossible to verify or validate normative economic claims.

Learn more about normative economics with the help of the given link:

brainly.com/question/17352984

#SPJ4

6 0
1 year ago
Jeff Jones has locked in an oil delivery price of $1.95 per gallon. His tank holds 210 gallons. If Jeff has six fill-ups during
Ilya [14]
First you would need to find the total cost for just one fill-up...

$1.95(price per gallon)*210(how many gallons the tank will hold) =$409.5 (for one fill-up)

Now to find the price for 6 fill-ups...

$409.5(for one fill-up)*6(Total number of fill-ups) =$2,457 (for 6 fill-ups)

So your answer would be $2,457
Hope this helps! :)
7 0
3 years ago
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