1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
matrenka [14]
2 years ago
9

Mason and Chenoa orally agree to a contract in which Mason will replace the fixtures in Chenoa’s bathroom. In exchange, Chenoa a

grees to cut Mason’s hair every six weeks for the next two years. Mason performs his side of the bargain, and Chenoa cuts his hair on schedule for six months. Then she sells her house and moves 2,000 miles away. Mason can seek recovery based on:
Business
1 answer:
Alex Ar [27]2 years ago
8 0

Answer: Quasi-contract

Explanation:

The quasi-contract is one of the type of retroactive agreement between the two parties and this contract is basically created for the purpose of manage the various types of circumstances such as unjust enrichment regarding the various types of products and the services.

 The quasi contract is basically created by a judge in the court too avoid all the conflicts in the party so that both the parties manage their expenses accurately.

 According to the given question, Mason can seek the recovery on the basis of the quasi-contract between the Chenao and Mason exchange agreement. Therefore, Quasi-contract is the correct answer.  

You might be interested in
Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
Nikitich [7]

Answer:

The correct answer is C.

Explanation:

In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.

Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.

Have a nice day!

8 0
2 years ago
Read 2 more answers
In a reorder point problem where both demand and lead time are variable, demand averages 200 units per day with a daily variance
Romashka [77]

Answer:

~ 1561.235

Explanation:

Given :

Z=1.645

d = 200\ \\variance =64

Standard deviation can be determined by the \sqrt{variance }

Standard deviation=SD

=\sqrt{64}\ =\ 8

LT = 6\

σ = 8

Now using the formula

R\ =\ d \ *\ LT\ +Z\ \sqrt{LT^{2}\ +SD^{2} \ +\ d\ \sigma\ ^{2}  } \\\\Putting\  the\  respective\  value\  we\  get \\R=200 * 6 + 1.645\sqrt{6 * 8^2 + 200 *1^2}

R=1561.235

~ 1561.235

6 0
2 years ago
Baldwin Company incurred and recorded an expense for material costs that have not yet been paid as of year-end. On the balance s
Tema [17]

Answer:

It will be reported as accrued expenses (c)

Explanation:

Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.

Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.

4 0
2 years ago
"Dave, I know that you are trained to work as a chemist and not to solve scheduling problems. But as lab manager, you are a fron
gizmo_the_mogwai [7]

Answer: D. supervisors gain experience in and are accountable for solving problems in their work units.

Explanation:

A chain of command is necessary in business because it diversifies authority such that decisions can be made faster.

It works by dividing employees into units which will answer to a manager. That manager will make decisions for the unit and this leads to decisions being made faster because everybody wouldn't have to go to upper management when they already have a manager.

Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.

7 0
2 years ago
Yoshino, Inc., a merchandising company, has the following budgeted figures:
erik [133]

Answer:

B

Explanation:

It is said that the required ending inventory for the month is $15000 and 20% of the next month's sales.

We are considering the month of march here, therefore the ending merchandise inventory is $15000- and 20% of April's sales.

Given:

April's sales = $91,000

Hence, 20% of April's sales = 0.2*91000 = $18200

Hence, ending merchandise inventory for March = 15000 + 18200 = $33,200

5 0
3 years ago
Other questions:
  • What is required to have a legally valid contract?
    7·2 answers
  • Stephen runs a pet salon. He is currently grooming 120 dogs per week. If instead of grooming 120 dogs, he grooms 121 dogs, he wi
    11·1 answer
  • ___________ is a phenomenon in which the project manager spends more time documenting project tasks, collecting performance meas
    7·1 answer
  • Everal small vineyard owners in the Napa Valley region of California banded together to market their grapes and wine in an attem
    5·1 answer
  • A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha
    12·1 answer
  • Millie withdraws $1,000 from her checking account so she can have $1,000 in cash. If no other changes occur, M1 will
    6·1 answer
  • The net income reported on the income statement for the current year was $250,000. Depreciation recorded on fixed assets and amo
    12·1 answer
  • You are reading product reviews posted online by consumers. Which external information source are you using?
    5·2 answers
  • Someone who is applying for a loan from a bank can expect the bank to: O A. investigate the person's parents to see if they were
    7·1 answer
  • Big Lots is able to compete against Wal-Mart with a cost leadership strategy because of its strengths in highly disciplined merc
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!