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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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Political forces that affect transportation businesses
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It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.

Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.

For instance, a government that is inclined to pursue neo-liberal policies,  could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.

Hence, the answer was given and explained above.

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4 0
1 year ago
Why is it important to not let slides distract from you
Art [367]

Answer:

because they are fun and if you get distracted you don't want to finish what you are doing

3 0
3 years ago
Read 2 more answers
In 2021, Ava, an employee, who files single, has AGI of $51,900 and incurred the following miscellaneous itemized deductions thi
34kurt

Ava's total itemized deduction related to these items is $6,194.

Total Itemized Deduction:

 

Home office expenses: $3,240

Union dues and work uniforms $1,080

Unreimbursed employee expenses $1,512

Less: 2%of AGI ($51,900×2%) ($1,038)

$4,794

Gambling losses to the extent of gambling winnings $1,400

Total Itemized Deduction $6,194

($4,794+$1,400)

Inconclusion the  total itemized deduction related to these items is $6,194.

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6 0
3 years ago
Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product lines appe
Anit [1.1K]

Answer:

1a. Predetermined overhead rate = Estimated total manufacturing overhead / Estimated total direct labor-hours

Predetermined overhead rate = $1,743,360 / 90,800 DLHs

Predetermined overhead rate = $19.20 per DLH

1b.                     Computation of Unit Product Cost

                                                                    Xactive    Pathbreaker

Direct material                                             $64.00    $50.20

Direct Labor                                                 $17.40     $12.20

Manufacturing overhead ((1.4, 1)*$19.20)   <u>$26.88</u>    <u>$19.20</u>

Unit product cost                                        <u>$108.28</u>  <u>$81.60</u>

8 0
3 years ago
Alice earner 32,756 annually ; 6.5% of her gross pay was withheld for state and local taxes. How much were her taxes ?
arlik [135]
32,756 * 6.5%
Taxes: 2,129.14
3 0
3 years ago
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