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svp [43]
3 years ago
14

Uncle Rodrick was deeply in debt when he died. His niece, Evangeline, became the administrator of his estate. She orally promise

d Rodrick's creditors that she would personally pay his debts if they didn't publicize the fact that Rodrick died in debt. When Evangeline was unable to pay the debts, the creditors sued her. Will the creditors be legally able to collect from Evangeline?A. Yes, Evangeline made a guaranty of payment.B. Yes, there was a bargained-for exchange.C. No, Evangeline was not Rodrick's child.D. No, Evangeline's promise wasn't in writing or signed.
Business
1 answer:
Dennis_Churaev [7]3 years ago
3 0

Answer:Yes, there was a bargained for exchange.

Explanation:

The contract is valid for there was offer and acceptance, also consideration has been exchange by both parties. Evangeline is in a position to make the offer been the administrator of Rodrick estate

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It can be deduced that the expected monetary value (EMV) is relevant in the given situation and the way that will be used evaluate the consequences of uncertain outcomes.

<h3>What is expected monetary value?</h3>

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In a situation such as this, it is impossible to avoid difficult trade-offs between the losses incurred by monetary losses and the losses incurred by human losses.

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3 years ago
Suppose that on January 6, 2018, Excel Motors paid $240,000,000 for its 45% investment in Dynamic Motors. Excel has significant
goldenfox [79]

Answer:

Requirement 1 :

Excel Motors should use the Equity method to account for its investment in Dynamic Motors, because the investment results in significant influence over the invested company.

Requirement 2 :

In the books of Excel Motors:

[ Kindly find the attachment ]

3 0
4 years ago
Which of the following is one of the main things to consider when evaluating a business opportunity?
s2008m [1.1K]

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Learn more about customer demand here  brainly.com/question/18550230

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3 0
1 year ago
Currently, our system is characterized by a lack of fit between what the customer wants and what the SCM system is best able to
andre [41]

Answer:

This question is incomplete, the options are missing. The options are the following:

A) I only

B) II only

C) III only

D) I and II only

E) I, II and III

And the correct answer is the option B: II only: Unless something is done, our firm will not be the most effective and efficient long-term supplier.

Explanation:

To begin with, the concept known as SCM refers to the Supply Chain Management that is the system whose main purpose is to take care of the management of the flow of the services and goods that involves the raw materials needed for the production of the product of the company and also of the work-in-process inventory as well as the finished goods. That is why that this system is the one that is in charge of the whole flow of the product of the company from its origin in the process until the final line that is the consumption of it. Therefore that if there is a lack of fit between what the customer wants and what the SCM is best able to provide then if nothing is done, the firm will not be the most effective and efficient long-term supplier.

7 0
3 years ago
Aqua​ Primavera, Inc. has provided the following information for the year. Units produced 6 comma 000 units Sales price $ 200 pe
yarga [219]

Answer:

Unit product cost= $95

Explanation:

Giving the following information:

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Direct labor $45 per unit

Variable manufacturing overhead $20 per unit

<u>Under the variable costing method, the unit product cost is calculated using the direct material, direct labor, and variable manufacturing overhead:</u>

<u></u>

Unit product cost= 30 + 45 + 20= $95

7 0
3 years ago
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