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
jeka94
4 years ago
10

Kay, an art collector, promised Hammer, an art student, that if Hammer could obtain certain rare artifacts within 2 weeks, Kay w

ould pay for Hammer’s postgraduate education. At considerable effort and expense, Hammer obtained the specified artifacts within the 2-week period. When Hammer requested payment, Kay refused. Kay claimed that there was no consideration for the promise. Hammer would prevail against Kay based on:_______.
A. Unilateral contract.
B. Unjust enrichment.
C. Public policy.
D. Quasi contract.
Business
1 answer:
IRINA_888 [86]4 years ago
5 0

Answer:

Hammer would prevail against Kay based on:_______.

A. Unilateral contract.

Explanation:

A unilateral contract is a contract created by an offer that can only be accepted by performance. To form the contract, the party making the offer (called the “offeror”) makes a promise in exchange for the act of performance by the other party.

in relation to the case in the contract, Hammer had carried out the duties expected of him thus making the contract valid under a unilateral contract.  

since in a unilateral contract, the offer can only be accepted when the other party completely performs the requested action.

Hence  Hammer would prevail against Kay based on Unilateral contract.

You might be interested in
traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
4 years ago
Read 2 more answers
Miller owns a personal residence witha fair market value of $308,000 and an outstanding first mortgage of $246,400. Miller gets
marysya [2.9K]

Answer: $246,400

Explanation:

Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.

Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.

3 0
3 years ago
This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of peop
insens350 [35]

Answer:

answer 45

Explanation:

6 0
3 years ago
Read 2 more answers
Compute the yield to maturity of a $100 face value zero-coupon bond that matures in exactly one year and has a current market pr
Step2247 [10]

Answer:

Yield to maturity is 1.51%

Explanation:

Zero Coupon rate does not offer any coupon payment and it is issued at deep discount value.

Face value = F = $100

Price = P = $98.50

Year to mature = n = 1 year

Yield to maturity = ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = ( $100 - $98.5 ) / 1 ] / [ ( $100 + $98.5 ) / 2 ]

Yield to maturity = $1.5 / 99.25

Yield to maturity = 0.0151

Yield to maturity = 1.51%

5 0
3 years ago
During the period 1990–1998 there were 46 atlantic hurricanes, of which 19 struck the united states. during the period 1999–2006
Gelneren [198K]

Answer:

Option C is correct.

Explanation:

7 0
3 years ago
Other questions:
  • Kelly and Tim Browne plan to refinance their mortgage to obtain a lower interest rate. The Browns will reduce their mortgage pay
    10·1 answer
  • Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the
    13·1 answer
  • Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufa
    10·1 answer
  • Health Defense sells first aid kits and uses the periodic inventory system to account for its merchandise. The beginning balance
    11·1 answer
  • A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a
    9·1 answer
  • Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?
    15·1 answer
  • What is the correct answer...A, B, or C?
    11·2 answers
  • Which part of the economy is represented by box C on the circular flow
    15·1 answer
  • I am so coufued "what i am going to in future, i am very good in art and math and cooking and pe?
    10·2 answers
  • which one of the following documents must normally be approved by the ceo or similarly high-level executive?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!