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Dima020 [189]
3 years ago
15

Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la

nd. Under the Statute of Frauds, the agreement between Duane and Evan is enforceable by__________.
a. Finance Bank.b. Duane, Evan, or Finance Bank.c. Duane or Evan.d. none of the choices.
Business
2 answers:
harina [27]3 years ago
8 0

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable.  The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

Komok [63]3 years ago
4 0

Answer:

The correct answer is letter "D": none of the choices.

Explanation:

Land agreements must be written. These contracts apply for the sale of real estate property such as <em>land itself, houses, apartment buildings </em>or <em>commercial buildings</em>. After agreeing in the terms and conditions of the contract and after payment has been made, the property title is transferred from the seller to the buyer.

<em>In Evan's case, he dealt an oral agreement with Duan for the purchase of land. However, oral contracts are not enforceable under the Statute of Frauds because it requires some contracts -such as land contracts- to be written so they can be valid.</em>

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A Best Eastern Motel is a regional motel chain. Its rooms rent for $90 per night, on average. The variable cost is $40 a room pe
alexdok [17]

Answer:

The break even point in units is 24000 rooms per year.

Explanation:

The break even point in units is a point where enough units are sold to earn a revenue that covers the total cost of the business and there is neither a profit nor a loss to the business. The break even point in units can be calculated as follows,

Break even in units = Fixed cost / Contribution margin per unit

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

So,

Contribution margin per unit = 90 - 40 = $50

Break even in units = 1200000 / 50    =  24000 units

3 0
3 years ago
Read 2 more answers
Jeff Co. sells its giant cheese wheels for $36 per wheel. The contribution margin ratio is 75% and total fixed costs are $270,00
Damm [24]

Answer:

Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75

= $432,000

Number of units to be sold

= Level of sales/Selling price

= $432,000/$36

= 12,000 units

The correct answer is A

Explanation:

In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.

7 0
3 years ago
Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

= Cash in bank account + Money market fund balance + petty cash balance + money orders

= $6,455 + $12,400 + $350 + $257

= $19,462

It includes only cash in bank account, balance in money market, petty cash balance and the money orders

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
When a visitor who has an appointment arrives, you should
pav-90 [236]

If a visitor arrives and they have an appointment, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.

<h3>What should you do when a visitor has an appointment?</h3><h3 />

In customer service, the visitor should be made to feel comfortable while they wait for their appointment as this is not only the right thing to do, but it gives the visitor the right impression about the company.

There are several ways to make a visitor feel comfortable such as:

  • Offering them a seat in a waiting area.
  • Offering refreshments such as water or a non-alcoholic beverage.
  • Ensuring that reading material is available to keep the visitor company.

You should also endeavor to keep checking in on them and giving them updates about their meeting, while they wait for their appointment time to reach.

In conclusion, when a visitor with an appointment arrives, you should A.  make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.

Find out more on customer service at brainly.com/question/1286522

#SPJ1

3 0
2 years ago
In Fiedler's contingency theory, the term ____ refers to the degree to which leaders are able to hire, fire, reward, and punish
Lina20 [59]
The answer is d. position power
4 0
4 years ago
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