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
Fantom [35]
3 years ago
6

Jones, a farmer, found an odd-looking stone in his fields. he went to smith, the town jeweler, and asked him what he thought it

was. smith said he did not know but thought it might be a ruby. jones asked smith what he would pay for it, and smith said $200, whereupon jones sold it to smith for $200. the stone turned out to be an uncut diamond worth $3,000. jones brought an action
Business
1 answer:
Tresset [83]3 years ago
5 0

Even though there was a miscommunication in the sale, Jones did not know that the stone was a diamond before selling it and Smith can easily say he did not know it was either. If Jones had taken the stone and received other opinions on it, he may have gotten more money but because he sold the stone, there is nothing he can take action on Smith for.

You might be interested in
Which of the four functions of management do you believe to be most important?
tigry1 [53]
Planning, organizing,leading, and controlling
5 0
4 years ago
What is your passion
Andre45 [30]
What do you want to be when you grow up?
8 0
3 years ago
Read 2 more answers
Michelle invests her money in an account earning simple interest. What can she expect to happen to the balance of her account.
Likurg_2 [28]
<span>She can expect a linear growth (slow but steady) in her investment. Michelle's interest in a simple interest investment is the amount she accrued on deposits with a certain interest rate. It is based on the original sum of money known as the "principal" which she invested. When someone make a payment on a simple interest loan, the payment goes through that month's interest, and the remainder goes toward the principal. Each month's interest is paid in full so it never accrues-- compounding doesn't occur. There is a big difference in the amount of interest payable on a loan if interest is calculated on a compound rather than on a simple basis which is what simple interest entails and this is why simple interest doesn't accrue as much as compounding your interest since the Interest is calculated only on the principal amount.</span>
6 0
3 years ago
Read 2 more answers
Please help! Marketing involves actions to build and maintain
Dmitriy789 [7]

Answer:

exchange relationships

Explanation:

Marketing involves actions to build and maintain exchange relationships. These are any and all relationships in which an individual is given something while expecting to receive something back in return such as a benefit, service, product, etc. This is what companies try to achieve with marketing. They try to get their product/services in from of as many people as possible, if these individuals like the product/service they will pay the company money in exchange for the product or service. If they end up liking the product or service they continue to purchase it in the future, therefore, the company builds an exchange relationship with these customers.

6 0
3 years ago
Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact
adoni [48]

Answer:

a. $29.23

b. $146,150

Explanation:

a. The computation of overhead application rate is shown below:-

Overhead application rate = Total standard overhead ÷ Total standard hours

= $163,710 ÷ (1,120 × 5)

= $163,710 ÷ 5,600

= $29.23

So, for determining the overhead application rate we simply divide the total standard overhead by total standard hours.

b. The computation of overhead was applied to production is shown below:-

Applied overhead = Standard hours for actual production × Overhead application rate

= 5,000 × $29.23

= $146,150

So, for determining the applied overhead we simply divide the standard hours for actual production by overhead application rate

8 0
4 years ago
Other questions:
  • The levels of organisational culture are:
    8·1 answer
  • Ready Repair Service enters into a contract to fix washers and dryers in Scrub n' Dry Company's coin-operated laundries. If Read
    8·1 answer
  • The ratio of the percentage change in a dependent variable to the percentage change in an independent variable, all other things
    6·1 answer
  • Severus Co. has to pay 5 million Canadian dollars for supplies it recently received from Canada. Today, the Canadian dollar has
    6·1 answer
  • Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba
    15·1 answer
  • During a trough: production is high. production is low. inflation is low. unemployment is low.
    8·1 answer
  • 1 point
    5·1 answer
  • What is an example of form utility
    12·1 answer
  • Maria just found out a teacher is sick and is calling in a substitute to teach their classes. Which of Fayol's five functions do
    7·1 answer
  • Mr Doolittle has Medicare Parts A and B coverage . He was well during the entire past year. On January 1 , Mr. Doolittle is rush
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!