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OleMash [197]
3 years ago
7

For the doctrine of promissory estoppel to​ apply, which of the following is NOT a required​ element? A. the promisor should hav

e reasonably expected to induce the promisee to rely on the promise B. the promisor made a promise C. there was an​ offer, acceptance, and consideration D. the promisee actually relied on the promise and engaged in an action or forbearance of a right of a definite and substantial nature E. injustice would be caused if the promise were not enforced
Business
1 answer:
erik [133]3 years ago
3 0

Answer:

C) there was an​ offer, acceptance, and consideration

Explanation:

The doctrine of promissory estoppel requires that the following 5 elements must exist:

  1. The parties must anticipate that some type of legal relationship will exist between them.
  2. One party must have made a promise to another party.
  3. One party must rely on the promise made by the other party.  
  4. The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
  5. Unconscionability , in other words, there is nothing that forbids the party from performing the promise.
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True or False: One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.
Ganezh [65]

Answer:

True

Explanation:

Predetermined overhead rate is estimated at the start of the period by dividing the estimated manufacturing overhead cost by an allocation base. Predetermined overhead rate is quite useful especially in eliminating seasonal effects. So, the above statement is a true one important reason to apply the predetermined overhead rate is to mitigate the effects of seasonal factors.

3 0
3 years ago
Assume the perpetual inventory; system is used unless stated otherwise. Round all numbers to the nearest whole dollar unless sta
Bingel [31]

Answer: Check attachment

Explanation:

In the attachment, note that:

On July 14:

Account payable was calculated as:

= $4400 - $300

= $4100

Merchandise Inventory = $4100 × 2%

= $4100 × 2/100

= $4100 × 0.02

= $82

Cash = $4100 - $82 = $4018.

Check attachment for further explanation.

7 0
3 years ago
________ at IKEA include cost-consciousness, constant desire for renewal, and accepting and delegating responsibility.
Anna007 [38]

Ikea has core business values such as consciousness, constant desire for renewal, and accepting and delegating responsibility.

<h3>What are the core values in a company?</h3>

The fundamental values of a company are the purposes that guide the attitudes of all members of the company. Additionally, these values are related to the common objectives, mission and vision of a company.

In the case of Ikea, it is a company that emerged in Sweden that has led the market for the sale of furniture and other household items that has stood out for its business values.

Among the most outstanding values of Ikea are:

  • Togetherness
  • Caring for people and planet
  • Cost-consciousness
  • Simplicity
  • Renew and improve
  • Different with a meaning
  • Give and take responsibility
  • Lead by example

Note: This question is incomplete because the options are missing. Here are the options:

A. Core values.

B. Missions.

C. Strategies.

D. Competencies.

E. Competitive Advantages.

Learn more about Ikea in: brainly.com/question/13991097

7 0
3 years ago
In _____, members control decisions about and execution of a complete range of tasks-acquiring raw materials and performing oper
Semenov [28]

In autonomous, members control decisions about and execution of a complete range of tasks-acquiring raw materials and performing operations, quality control, maintenance, and shipping.

A team may be a work group composed of multinational members whose activities maintenance multiple countries; teams have successfully  cultural, geographic, and managerial  to team effectiveness.

Task specialist means an individual assigned by the operator or a 3rd party, or acting as an undertaking, who performs tasks on the bottom directly related to a specialized task shipping or performs specialized tasks on board or from the aircraft. Among the trends that are occurring in today's high-performance work systems are reliance on knowledge workers, empowerment of employees to form decisions, and therefore the use of teamwork.

A group could be a collection of people who coordinate their efforts, while a team may be a group of individuals who share a typical goal. While similar, the 2 are different when it involves decision-making and teamwork.

A v agent (sometimes called an intelligent  agent (IVA), could be a software program that uses scripted rules and, increasingly, applications to supply automated service or guidance to humans.

Types of labor means occupational categories of work that include a group of job functions requiring the performance of a typical set of tasks and may include several jobs. It refers to a broad group of jobs and that have a standard set of labor tasks and functions.

learn more about maintenance: brainly.com/question/13110766

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6 0
2 years ago
Bagrov Corporation had a net decrease in cash of $14,500 for the current year. Net cash used in investing activities was $56,500
irinina [24]

Answer:

c. $84,500 provided

Explanation:

Net decrease in cash = $14,500

Net cash used in investing activities = $56,500

Net cash used in financing activities = $42,500

Amount of cash was provided (used) in operating activities

= - $14,500 + $56,500 + $42,500

= $84,500

This is positive,hence provided. Th right answer is c. $84,500 provided

6 0
3 years ago
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