Answer:
Yes, Allstate was liable
Explanation:
Ramsey v. Allstate insurance co., 2013 wl 467327 (6th cir. 2013)
An implied contract differs from an express contract in that the way the parties act, rather than their words, defines the terms of the contract. Implied contracts exist if one party furnishes a service or property and expects to receive something in return. The other party must know (or should know) about the expectation of something in return and has to have a chance to reject the contract.
Douglas expected to get home insurance because he paid for it, and Allstate had the chance to cancel the home insurance policy but they didn't.
Answer:
$78,345.28
Explanation:
Present value of amount paid later = Amount paid three years later * PV of $1
Present value of amount paid later = $58,000 * [1/(1.07)^3]
Present value of amount paid later = $58,000 * 0.816297877
Present value of amount paid later = $47345.276866
Present value of amount paid later = $47345.28
Present value of second option = $31,000 + $47,345.28
Present value of second option = $78,345.28
Answer: Non-task sounding
Explanation:
The non-task sounding stage is the stage in business negotiation, where the negotiator tries to create a relationship with the client by just discussing on general matters and not necessarily talking about the business they want to transact on. The non-task sounding falls in the preparation stage of negotiation, the other stages are opening, bargaining and closure.
Police? idk can you be more specific so i can help
Answer:
When the price of a single skateboard is increased, the overall demand decreases.
Explanation:
A shop owner wants to know what the effect would be of increasing the price on skate boards he sells in his store.
Initially the skateboards were sold for $200 but he decided to increase the price. So he increased the price to $300.
The number of skateboards sold were initially 10 and then decreased to 7 after the price of the skateboards were increased.
Hence we conclude that after the prices were increased, the sale of skateboards decreased.