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erica [24]
3 years ago
10

Judy's cousin, Skip, tells Judy that he will sell her car for her when she leaves the country for a church mission for two years

. Skip tells her that he will do it for no charge to her. While Judy is gone, Skip forgets about the agreement and does not attempt to sell the car. Judy:_______________.
a. can sue Skip for breach of contract for failure to perform.
b. cannot recover anything from Skip because he had no duty to perform since he was a gratuitous agent.
c. cannot sue Skip because they are cousins.
d. can sue Skip under tort law because he was negligent in not selling the car.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

a

Explanation:

they both had an agreement and if one doesn't meet up to the agreement one could be sued

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What form of arbritration refers to situations where local representatives agree to comply with the arbitraters decision before
PilotLPTM [1.2K]

Answer:

binding arbitration

Explanation:

Both parties agree to be bound by the decision of the arbiter and follow the recommendations/obligations stipulated by the arbiter at the end of the process.

That bound of the two parties makes it a binding arbitration.

As opposed to a non-binding arbitration where the result cannot be enforced onto the parties, a bit like a mediation.  The result is more like a discussion starting point towards a negotiation of the end of the conflict.

8 0
3 years ago
Precise Machinery is analyzing a proposed project. The company expects to sell 2,100 units, give or take 5 percent. The expected
Juli2301 [7.4K]

Answer:

$337,975

Explanation:

The computation of operating cash flow is shown below:-

Sales                           $1,585,500

2100 × $755

Less: Variable cost     $546,000

2,100 × $260

Less: Fixed cost          $589,000

Less: Depreciation      $129,000

Earning before tax       $321,500

Tax at 35%                    $112,525

EAT                               $208,975

Add: Depreciation        $129,000

Operating cash flow    $337,975

Therefore the operating cash flow is $337,975

6 0
3 years ago
The CVP income statement is distributed internally and externally. discloses contribution margin in the body of the statement. w
Harlamova29_29 [7]

Answer:

discloses contribution margin in the body of the statement

Explanation:

the CVP income statement is used for managerial accounting, in other words, only for internal processes.

the CVP income statement may or may not reflect a different net income than a traditional income statement.

the CVP income statement classifies costs are variable or fixed

5 0
3 years ago
A loan's principal contains the assets you promise to give the bank if you do not repay a loan as agreed.
amid [387]

Answer:

The statement is: False.

Explanation:

For banks, the principal refers to the amount due on a loan and it is used to calculate interest payments. In other words, it represents the amount of money individuals borrow. The assets individuals promise to give to banks if they cannot repay a loan is called collateral and they include houses, vehicles, investment accounts or any other valuable object.

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3 years ago
The negotiation process that clarifies the terms and conditions under which management and a union will operate for a specified
elixir [45]

The negotiation process that clarifies the terms and conditions under which management and a union will operate for a specified period is collective bargaining

<h3>What is  collective bargaining?</h3>

Collective bargaining is a process of negotiating agreements between employers and a group of employees to regulate working wages, working conditions, benefits, and other aspects of workers' compensation and rights.

A collective bargaining agreement is the goal of collective bargaining. This agreement is intended to establish employment rules for a specified number of years. Members of unions pay for this representation through union dues.

Collective bargaining has the potential to improve a worker's quality of life. Collective bargaining agreements typically result in higher pay for a worker. Improvements in the quality and cost of employee benefits are also possible.

To know more about  collective bargaining follow the link:

brainly.com/question/1130553

#SPJ4

7 0
1 year ago
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