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GrogVix [38]
3 years ago
14

Fred takes Betty to dinner at a very expensive and exclusive restaurant. The menu does not mention the prices. The server takes

their order and both Fred and Betty enjoyed the meal immensely. When the bill comes, Fred refuses to pay because the menu had no prices and because he and the server never engaged in language indicating an offer and acceptance. The server said, "Are you ready to order" and when Fred said "yes", the server merely asked, "What may I get you tonight"?
A. ​Fred is correct because no contract was formed.
B. Fred must pay based on a promissory estoppel theory. ​
C. Fred must pay based on an implied-in-fact contract theory.
D. ​Fred must pay based on expressed contract theory.
Business
1 answer:
natta225 [31]3 years ago
8 0

Answer: <u><em>Fred must pay based on an implied-in-fact contract theory.</em></u>

Implied contract are agreement where the state of the individuals who makes them enter into an agreement which is not neither written nor explicitly elaborated.  

In this scenario, even though there were no prices stated, but the order for food was placed , that implies an  agreement or implied contract.

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Answer:

The answer is D.

Explanation:

Short selling is a trading strategy that speculates on the fall or decline of a particular security price.

Here, investor borrows a stock from a dealet, sells the stock, and then purchases the stock back to return it to the dealer. Short sellers are hoping that the stock they sell will fall or decline.

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The operating cycle of a company is the average time that is required to go from cash to.
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A company's operating cycle refers to the average time that is required to go from cash to: cash in producing revenues.

<h3>What is an operating cycle?</h3>

An operating cycle can be defined as the average time that it takes a company or business organization to buy goods, sell these goods and generate revenue (cash) from the sales of the goods.

This ultimately implies that, an operating cycle is simply the average time that is required to go from cash to cash in producing revenues, especially from the sales of the goods.

Read more on here: brainly.com/question/16945776

3 0
3 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,070 2 1,300 3 1,520 4 2,2
Leni [432]

Answer:

Total FV= $6,765.82

Explanation:

Giving the following information:

Year Cash Flow 1 $ 1,070 2 1,300 3 1,520 4 2,260

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<u>To calculate the total future value, we need to use the following formula on each cash flow:</u>

FV= Cf*(1 + i)^n

FV1= 1,070*(1.08^3)= 1,347.9

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Total FV= $6,765.82

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Margaret [11]

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