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
navik [9.2K]
3 years ago
15

Peggy offers to sell Shelby a purebred Scottish terrier puppy for $800. Shelby and Peggy do not discuss the dog's ancestry, but

Shelby believes that the dog came from champion lines and agrees to the price. Shelby later discovers that the puppy is worth only $200. Can Shelby rescind the contract based on her mistake? a. No, because Shelby made a mistake about the dog's value, not a mistake about a material fact. b. Yes, because Shelby had a duty to investigate. c. Probably so, because Shelby made a mistake about an immaterial fact. d. Yes, because the dog was clearly not worth $800.
Business
1 answer:
ladessa [460]3 years ago
6 0

Answer:

a. No, because Shelby made a mistake about the dog's value, not a mistake about a material fact.

Explanation:

Peggy made an offer to sell the dog for $800, they didn't discuss the dog's ancestry and Shelby wrongly assumed the dog was from champion lines and agreed to buy the dog for $800.

Based on further investigations, she discovered the dog was worth just $200.

She cannot rescind the contract because she wrongly assumed the dog's value not an error about à material fact. Peggy sold the dog at her own rates and Shelby bought the dog while wrongly assuming the value, so she cannot cancel the contract based on that.

You might be interested in
A firm has a debt-total asset ratio of 61 percent and a return on total assets of 11.4 percent. What is the return on equity
emmasim [6.3K]

hrvdvxge g rh bddcfhfhfhdbs

8 0
3 years ago
Enables the removal of jurors without having to show bias or other causes.
garik1379 [7]
Peremptory challenges
I also found a quizlet by looking up your question, it might help for any other questions you have.
6 0
3 years ago
Read 2 more answers
Glenn Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net co
Charra [1.4K]

Answer:

The correct answer is B

Explanation:

The net cost of goods is computed as if the paid in the discounting period:

Net Cost of goods = Inventory cost - (Inventory cost × Discounting percentage)

where

Inventory cost is $9,000

Discounting percentage is 2%

Putting the values above:

Net Cost of goods = $9,000 - ($9,000 × 2%)

Net Cost of goods = $9,000 - $180

Net Cost of goods = $8,280

Therefore, the amount of $8,280 will be paid by the company if paid within the discounting period and avail the discount of $180.

5 0
3 years ago
Dr. Leo is involved in an applied research study of customer satisfaction with a newly developed line of facial cosmetics and ot
Kisachek [45]

Answer:

industrial/organizational

Explanation:

Based on the information provided within the question it seems that Dr. Leo is most likely an industrial/organizational psychologist. This type of psychology focuses on studying work relations within an organization as well as improving quality of life of the employees and work relationships. This also applies to the relationship between the organization and the customers, as is the case in this situation as Dr. Leo deals with customer satisfaction.

8 0
3 years ago
Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a c
brilliants [131]
The court system is messed up i dont get what you are asking.

7 0
3 years ago
Other questions:
  • On March 31, 2015, Cars, Inc. owes Preston Devices, one of its suppliers, $25,000 for previous purchases. During April 2015, Pre
    5·1 answer
  • You chose to work beyond the age of 67. Your benefit increases 8% for every year you wait past the age of 67 but there is no inc
    14·1 answer
  • Abel was employed as a security guard for Seep Corporation. Abel's job was to guard a fenced-in area and to use force to keep in
    15·1 answer
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£
    10·1 answer
  • Titan Mining Corporation has 6.8 million shares of common stock outstanding, 245,000 shares of 4.1 percent preferred stock outst
    8·1 answer
  • Suppose that a monopolistically competitive restaurant is currently serving 240 meals per day (the output where MR = MC). At tha
    14·1 answer
  • Nori files a suit against Mica to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds.The
    8·1 answer
  • Which of the following represents supply in labor market.
    9·1 answer
  • According to the order of operations in solving equations, which step should come first?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!