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algol13
3 years ago
10

Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month.

Business
1 answer:
FinnZ [79.3K]3 years ago
4 0

Answer:

b. an express contract.

Explanation:

Since Daisy signs on Capri's behalf, the contract is between Bo and Capri, not Daisy.

Since there is a lease, an actual signed document, the options of no contract and implied contract are discarded.

An express contract is written in an specific language with its terms stated expressly at the time of contract formation, and is made under a company seal. A simple contract doesn't require a seal.

The lease is signed under Capri Apartments' seal and thus is an express contract.

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Variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)

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