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goldfiish [28.3K]
2 years ago
15

Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to affor

d to keep it up. Then Mark wins the three million-dollar lottery! Joe reads this in the newspaper and that afternoon makes a contract with Sharon to sell the estate. Is the contract valid?
Business
1 answer:
artcher [175]2 years ago
6 0

Answer:

No.

Explanation:

The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.

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Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date w
Murrr4er [49]

Answer: $603,500

Explanation:

Ending inventory in 2014;

= Ending inventory balance 2013 + ((\frac{Inventory current price 2014}{Price index 2014} * 100) - ending inventory 2013)) * Price index 2014/100

= 550,000 + ((\frac{642,000}{107}* 100) - 550,000)) * 107/100

= $603,500

3 0
2 years ago
What is the relationship between the gross public debt and the net public​ debt?
timofeeve [1]
The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself
3 0
3 years ago
Although he is not sure about specific products, Diogo heads directly for a store selling Godiva Chocolates, because he knows th
Shalnov [3]

Answer:

brand awareness is the correct answer.

Explanation:

6 0
2 years ago
Selling similar merchandise at a price above the competition is done with the hope of selling greater quantities of the merchand
irina [24]

Answer:

False

Explanation:

In order to attract more customers to your store and sell larger quantitative, you must sell at a price below the competition, not above.

Rational customers should purchase at the lowest possible price, that is the basic concept behind the law of supply and demand. A lower price should result in a higher quantity demanded.  

3 0
3 years ago
Romeo grabbed Sara under the mistletoe at the office Christmas party and kissed her. Sara did not want to be kissed by Romeo; sh
solniwko [45]

Answer:

battery

Explanation:

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Sara would claim against Romeo for battery because Romeo did grab her, mistletoe her, and kiss her. In other words, Romeo established unwated physical contact with Sara, he did not simply threaten her to do so, or hinted at doing so.

6 0
3 years ago
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