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
Helga [31]
3 years ago
5

The Grondas, who owned a party store along with land, fixtures, equipment, and a liquor license, entered into a contract to sell

their liquor license and fixtures to Harbor Park Market in an agreement that was expressly conditioned on approval by the Grondas' attorney. The Grondas submitted the contract to their attorney but before the attorney had approved it, they received a second, better offer and submitted that contract to the attorney as well. The attorney reviewed both agreements and approved the second one. Harbor Park Market sued the Grondas for breach of contract. Will their suit succeed?
Business
1 answer:
Harman [31]3 years ago
8 0

Answer:

No the suit will not succeed as their is no agreement

Explanation:

The contract was conditional contract. As the condition explicitly said that, the right to agree on terms and conditions is explicitly attorney's right. When the attorney has not agreed on the terms and conditions of Harbor Park, the company hasn't formed any contract. Furthermore, there is no limitation on Grondas to consider other available options and attorney is also not obliged to agree to Harbor's offer.

Thus the suit that says Grondas has breached the contract is meaningless and will not succeed in the court.

You might be interested in
North Company has completed all of its operating budgets.The sales budget for the year shows 50,600 units and total sales of $2,
atroni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The sales budget for the year shows 50,600 units and total sales of $2,317,800.

The total unit cost of making one unit of sales is $22.

Selling and administrative expenses are expected to be $304,000.

Income taxes are estimated to be $270,180.

Income statement:

Sales= 2,317,800

COGS= (22*50,600)= (1,113,200)

Gross profit= 1,204,600

Selling and administrative= (304,000)

Tax= (270,180)

Net operating profit= $630,420

5 0
3 years ago
Jeff is a member of Go Big Red, LLC. Jeff decides he does not like the color red, preferring instead the colors black and gold.
Vanyuwa [196]

Answer:

Option "D" is correct.

Explanation:

Option "D" is correct because When a person or member dissociates then the person loses the right to manage, losses the right to act, ceases from their duty of loyalty, ceases from the duty of care immediately if any event occurs after dissociation and the member has the right to find their interest. Therefore, from the given options it can be seen that the duty of care remains intact when only to that event that had occurred before the dissociation.

7 0
3 years ago
Copper Corporation, a calendar year C corporation, owns stock in Bronze Corporation and has net operating income of $900,000 for
Olegator [25]

Answer:

$150,000

Explanation:

Copper Corporation

The amount of dividends received deduction will tend to depends upon the ownership percentage by the corporate shareholder.

Therefore in a situation where Copper Corporation is said to owns only 85% of what Bronze Corporation had, Copper Corporation definitely qualify for a percentage of 100 deduction or a total amount of $150,000.if we have to based on the above information given because Bronze Corporation pays Copper Corporation a dividend of $150,000.

6 0
2 years ago
2. Simplify the following<br><br><br><img src="https://tex.z-dn.net/?f=%20%28%5Cfrac%7B1%7D%7Ba%7D%20%20-%20%20%5Cfrac%7B1%7D%7B
MAXImum [283]
1/a - 1/b -1
Just remove the parentheses
6 0
3 years ago
The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
aleksley [76]

<u>Explanation:</u>

A. This is the case of Cyclical unemployment here lorraine is just graduated and does not find any job inspite of applying with many of the employers. Here the economic condition of the country is below its full capacity.

B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.

C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.

D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.

5 0
2 years ago
Other questions:
  • The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
    15·1 answer
  • What is a tax audit? What are some different types of audits?
    15·2 answers
  • A company incurs costs of $38 per unit ($27 variable and $11 fixed) to make a product that normally sells for $56. A wholesaler
    11·1 answer
  • Identify the phase (Phillips, stagflation, or recovery) the economy is in, and suggest what change in aggregate demand or aggreg
    11·1 answer
  • Modern environmentalism works with businesses to promote sustainable development. Please select the best answer from the choices
    6·2 answers
  • Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your t
    15·1 answer
  • Hexon Printing Company projected the following information for next year: Selling price per unit $80 Contribution margin per uni
    8·1 answer
  • A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the bottleneck time
    9·1 answer
  • If u had a choice would you help have dying family member of be a multi-millionaire
    9·2 answers
  • Legal Services pays half of the price for a shipment of computers that remain with the seller, Digital Computers, Inc. Within te
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!