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
Rasek [7]
3 years ago
6

Heather innocently misrepresented the status of a puppy as being a full-blooded Pomeranian when actually it was a mixed breed. B

rad had contracted to purchase the dog, but the problem was discovered prior to his paying for the dog and picking it up. Nevertheless, Brad was very angry and felt that Heather should have been more careful. He said that he planned to rescind the contract and also sue her for damages to punish her and deter others from behaving similarly. Which of the following is true regarding the remedies available to Brad ?
Business
1 answer:
IRISSAK [1]3 years ago
5 0

Options:

A. Because Heather violated the contract to provide a full blooded Pomeranian, Brad is entitled to rescind the contract and also to the damages he seeks.

B. Because Heather violated the contract to provide a full blooded Pomeranian, Brad is entitled to rescind the contract, but he is not entitled to the damages he seeks.

C. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 30 days in order to honor the contract.

D. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 60 days in order to honor the contract.

E. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 90 days in order to honor the contract

Answer:

B

Explanation:

Heather's misrepresentation resulted in her breaching the contract, even if she did it innocently or not. But since no transaction was completed, then the contract is simply terminated. If Brad had realized Heather's mistake after he had paid for the dog, then he could argue that he suffered damages and could try to seek some type of compensation but that wasn't the case here.

You might be interested in
Which description most closely matches the term: TIME CRITICAL A ) Used for complex operations or introduction of new equipment
Scorpion4ik [409]

Answer:

The correct answer is C) Point of execution of a mission or task

Explanation:

The critical period is a limited time where an event can occur, and that results in some kind of transformation. For this reason, when identifying a risk, for example, it can be determined as the main point where a specific task is started to try to solve some problem.

5 0
3 years ago
Chegg - Discuss the differences of productivity measurement in service and manufacturing. Why is productivity improvement more d
Svetllana [295]

Explanation:

The measurement of productivity in service and manufacturing is different in the sense of the ability to measure productivity, as a service has different characteristics that are Intangibility, Inseparability, Variability and Perishability, it is more difficult to measure its productivity, for example, a service is variable, so even if there are standards for the provision of that service, there are issues that will vary and this can change productivity.

There is also the fact that if the productivity measured by the capacity in the service sector is influenced by the loss of quality of the same, as customers may feel hurt if there is a rush in a service provided, for example, so that the service is more productive .

3 0
3 years ago
. Shellbridge Corporation common stock has a par value of $25 and recently paid a dividend of $3.16 per share. The firm's divide
Fiesta28 [93]

Answer:

Intrinsic value: $ 45.19290274

The stock is undervalued as is selling for less.

Explanation:

We use the gordon model to solve for the intrinsic value of the share.

\frac{divends_1}{return-growth} = Intrinsic \: Value

we must solve for the grow rate like  it was an interest rate:

<u>grow rate: </u>

2.00 \times (1+g)^{10} = 3.16\\\sqrt[10]{\frac{3.16}{2.00}} -1 = g

g = 0.046804808

<u>dividends one year from now:</u>

3.16 x (1 + 0.046804808) = 3.307903193

Now we calculate the instrinsic value:

\frac{3.307903193}{0.10 - 0.046804808} = Intrinsic \: Value

Value: $ 45.19290274

The stock is undervalued as is selling for less.

4 0
3 years ago
Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made
storchak [24]

Answer:

Credits are made to Common Stock $30,000 and Paid in capital in excess of Par value $12,000

Explanation:

The journal entry is shown below;

Cash $42,000 (3,000 shares at $14)

         To Common Stock $30,000 (3,000 shares at $10)

         To Paid in capital in excess of par value $12,000 (3,000 shares at $4)

(Being issuance of the common stock is recorded)

Here cash is debited as it increased the assets and credited the common stock & paid in capital as it also increased the stockholder equity

8 0
3 years ago
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00
romanna [79]

Answer:

The correct answer to the following question will be "$76,986".

Explanation:

Although the organization is reportedly going to pay $14.00 per unit, even before manufactured throughout the corporation, cost and save per unit will become the variation among current value as well as production costs without set rate. The cost of operating expenses will not be included to measure the gain because the idle resources of the company would be included and would not raise the fixed costs.

Therefore the cost differential would be as follows:

⇒ Differential \ cost = (Current \ purchasing \ price-Manufacturing \ cost \ excluding  \ fixed \ cost)\times 38,493On putting the values in the above formula, we get

⇒                        =(14-12)\times 38,493

⇒                        =2\times 38,493

⇒                        =76,986

5 0
3 years ago
Other questions:
  • An electronics firm is currently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 p
    11·1 answer
  • Jerry is entering information from the documents that show what customers bought and what they owe. What document is he working
    6·2 answers
  • Michele had been working as an executive assistant to the president for nearly 25 years, so when she retired, no one had a good
    15·1 answer
  • You buy a house for $299,000.
    5·1 answer
  • Subscription services from firms such as Nielsen provide marketing researchers with a good source of ____ data.
    8·1 answer
  • Define liquidity. Rank the following assets in terms of liquidity, from most to least liquid: money market mutual fund, savings
    14·1 answer
  • Pick Industries produces plastic toothpicks that it sells to distributors in the Southwest. During the early 1990s, the price of
    10·1 answer
  • Explain why the sampling method stated in (1) is the most efficient<br> method.
    13·1 answer
  • What are the three ways the argument section of a cover letter can be formatted
    12·1 answer
  • ________ is not one of the common pricing objectives
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!