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Kaylis [27]
3 years ago
12

Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philip’s support. Philip tells Jerome

that unless Jerome transfers a tract of land he owns to Philip for a price 30 percent below market value, Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this Miller, Roger LeRoy. Cengage Advantage Books: Business Law Today, The Essentials: Text and Summarized Cases (p. 263). Cengage Learning. Kindle Edition.
Business
1 answer:
nasty-shy [4]3 years ago
6 0

Answer:

Voluntary consent:

In the current case there exists an absence of the voluntary consent with respect to Mr Jerome because of over the top impact and coercion. Mr Jerome relies totally upon Mr Philip because of which the last could impact him. Mr Jerome can show that he didn't genuinely consent to the agreement so he can either hold fast to the agreement or pull back. Mr Philip had a great deal of impact over the old Mr Jerome and consequently could beat his free will. Under the current conditions the agreement was gone into under an excessive amount of impact and is voidable.

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Scorpion4ik [409]

The manufacturer wants to keep the retailer from arbitraging away the profits from the policy. the manufacturer should vertically integrate into the retail operations in the household market . Thus , Option A is correct.

What is Price descrimation?

  • A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
  • When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group.
  • When a seller discriminates on pricing, each consumer pays a different price for the same good or service.
  • The basis for price discrimination is the seller's conviction that specific groups of customers can be requested to pay more or less depending on their demographics or how much they value the goods or service in question.

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3 0
2 years ago
In cost-volume-profit analysis, the unit contribution margin is: Group of answer choices Sales price per unit less unit total co
Marrrta [24]

Answer:  Sales price per unit less total variable cost per unit.

Explanation:

Cost-volume-profit analysis works by dividing the expenses faced by a business in the production and/ or selling of goods into fixed and variable costs.

To calculate the contribution margin in such a scenario, the Total variable cost incurred per unit is deducted from the sales price per unit. From this figure, the fixed cost can then be subtracted to find the operating income per unit.

If one wants to find the breakeven volume, you can divide the Fixed assets by the Contribution margin.

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The answer is D
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The correct answer is Acxiom, Experian, Media Audit.

Explanation:

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zhenek [66]

Answer:

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Explanation:

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