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
PtichkaEL [24]
3 years ago
12

Adele decides to purchase several silver tea sets from Vaughn's gift store. In their sales contract, Adele and Vaughn do not spe

cify how many silver tea sets Adele will purchase. They now have: a. a valid contract with an open price term. b. a valid output contract. c. a valid contract with an open delivery term.
Business
1 answer:
Veronika [31]3 years ago
5 0

Answer:

a. no contract at all

Explanation:

While a contract can be either written or verbal, the vast majority of contracts never get written down or accepted with a signature. Instead, accepting a contract is usually done by exchanging money for a product or service, like purchasing something from a store. But, when it comes to complex contracts that involve multiple terms and conditions, it’s best to get the agreement in writing. For instance, if you’re creating a Service Agreement, you must have all the basic elements of validity in place so you can successfully resolve any disputes that arise. Without a valid contract, you won’t be able to enforce any of its terms (such as receiving reimbursement for work-related expenses or retaining ownership of your intellectual property). If a court or tribunal rules a contract void, it means the contract has no force or effect, so neither party is bound by it and neither party can rely on it . In this case the contract is void and that means there no contract at all .

You might be interested in
A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $
Nitella [24]

Answer:

b. number of shares issued is 80,000

Explanation:

In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.

So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:

Number of shares issued = (Common stock ÷ Par value)

= ($80,000 ÷ $1)

= 80,000 shares

So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.

7 0
3 years ago
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The compan
ivanzaharov [21]

Answer:

The sales unit to achieve a target profit of $6,250 is 545 units

The sales units to achieve to achieve a target profit of $9,400 is 590 units

Explanation:

The quantity at target profit=fixed cost+target profit/contribution per unit

fixed expense=$31,900

target profit $6,250

contribution per unit=$140-$70

                                  =$70

unit sales at a target profit of $6,250=($31,900+$6,250)/$70

                                                             =545  sales units

fixed expenses $31900

target profit of $9400

contribution per unit is $70

unit sales at a target profit of $9,400=($31900+$9400)/$70

                                                            =590 sales unit

8 0
2 years ago
____ reading will increase your focus and concentration, help you understand the reading, and prepare you to study.
Studentka2010 [4]

Answer:

Active.

Explanation:

Active reading can be defined as a process which typically involves an individual being focused on his or her study. It is aimed at acquiring knowledge and understanding of a particular subject or topic without distractions.

Hence, active reading will increase your focus and concentration, help you understand the reading, and prepare you to study.

5 0
3 years ago
Brad needs help repaying the loan he got to pursue a graduate program in a top-ranking university. If Brad opts for a work-study
Charra [1.4K]

Answer:part time, federal work study program

3 0
3 years ago
Read 2 more answers
Dr. weiss is a research scientist with a major pharmaceutical company. in his position he has great flexibility in determining h
chubhunter [2.5K]
<span>d. achievement-oriented
       The Path-Goal Theory states that Dr. Weiss would respond best and benefit most from an achievement-oriented leadership style. An achievement-oriented leader sets high goals for their employees and expects them to perform at their best. The employees are not told the specific ways to meet these high goals, being expected instead to use their own abilities to figure out how. An achievement-oriented leadership style is known to work for sales and especially scientific fields, such as the one that Dr. Weiss works in.</span>
6 0
3 years ago
Other questions:
  • A bakery stocks up on pumpkin flavoring in august because there is a high demand for pumpkin-flavored baked goods in the fall. t
    15·1 answer
  • As a result of the rising interest rates in this example, Businesses choose to reduce their Investment Spending by $_________ bi
    5·1 answer
  • Sharon had spent months carrying out her sociological experiments. she had collected a ton of data. what was sharon's next step?
    10·1 answer
  • The acid-test ratio differs from the current ratio in that it​
    11·1 answer
  • You place an order for 1,600 units of Good X at a unit price of $53. The supplier offers terms of 2/30, net 50. a-1. How long do
    10·1 answer
  • The manager of a consumer products firm said, "We use the brand manager position to train future executives." Why do you think t
    7·1 answer
  • Which statements are true? Check all that apply: C-corporations are subject to double taxation. LLCs are best for taking venture
    10·1 answer
  • Roget Factory has budgeted factory overhead for the year at $15,500,000. It plans to produce 2,000,000 units of product. Budgete
    15·1 answer
  • Price rises from $10 to $11, and the quantity demanded falls from 100 units to 95 units. What is the price elasticity of demand
    5·1 answer
  • What is the term for a person who has been appointed by another person to act on her behalf and in her best interest?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!