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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.

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Imagine you are making a $1000 purchase with different payment options. Which of the following
Tomtit [17]

The payment option that pays the LEAST is <u>B. B. 10% APR, with 12 monthly payments,</u> as it pays back a total of $1,008.33, for borrowing $1,000.

<h3>How to calculate payment options:</h3>

Payment options can be computed using an online finance calculator as follows:

The option that pays the least total cost should be chosen.

<h3>Data and Calculations:</h3>

Loan payment = $1,000

A. 8% APR, no payments for the first 6 months, then 6 monthly payments:

Amount after 6 months = $1,040 ($1,000 + $1,000 x 0.08 x 1/2)

N (# of periods) = 1

I/Y (Interest per year) = 8%

PV (Present Value) = $1,040

FV (Future Value) = $0

<u>Results:</u>

PMT = $174.49

Sum of all periodic payments = $1,046.93 ($174.49 x 6)

Total Interest =$46.93 ($40 + $6.93)

B. 10% APR, with 12 monthly payments:

N (# of periods) = 1

I/Y (Interest per year) = 10%

PV (Present Value) = $1,000

FV (Future Value) = $0

<u>Results:</u>

PMT = $84.03

Sum of all periodic payments = $1,008.33

Total Interest = $8.33

C. 12% APR, with 6 monthly payments:

N (# of periods) = 1

I/Y (Interest per year) = 12%

PV (Present Value) = $1,000

FV (Future Value) = $0

<u>Results:</u>

PMT = $168.33

Sum of all periodic payments = $1,010.00

Total Interest $10.00

Thus, the payment option that pays the LEAST is <u>Option B</u>.

Learn more about periodic payments at brainly.com/question/24244579

4 0
2 years ago
Suppose farmers in a given market can either grow soy beans or corn on their land. in addition, suppose an increase in the deman
Korolek [52]
Creates an incentice for farmers to grow more corn
3 0
4 years ago
Alabama this winter was socked in with snow which closed highways, stores and schools for weeks. Because of the road closures, s
wlad13 [49]

Answer:

people start black market for selling soup and delivering soup

Explanation:

we know here in winter due to snow highway is close so no transportation and if store will close than demand will be increase and supply will reduce

and if government reduce instant price up to 5 time for a short period than

i think people will try to stock it because there was a great demand and supply is very less than people start black market for selling soup and delivering soup

8 0
4 years ago
Jacob here is your brainiest
weeeeeb [17]

Answer:

thank you

Explanation:

7 0
3 years ago
CANOESminus−Rminus−US makes canoes. It buys the shell of the canoe from another local firm for​ $300 and uses its labor and inte
miss Akunina [59]

Answer:

$500

Explanation:

Given that

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= $500

Hence, the final price is ignored.

5 0
4 years ago
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