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Aleksandr-060686 [28]
3 years ago
8

When customers ask merchants to deliver articles to homes with no mention of payment, the buyers imply that they will pay the ma

rket price of articles when they are delivered or when bills are presented. This is an illustration of __________________. simple contracts considerations implied contracts formal contracts
Business
1 answer:
KIM [24]3 years ago
6 0

Answer:

implied contract.

Explanation:

Based on the information provided within the question it can be said that this is an illustration of an implied contract. This is a type of contract that is implied based on the actions of those involved. Even though this type of contract is usually not spoken or written it is still completely legal and enforceable. Such as the customers asking for the newspapers to be delivered , knowing that they will have to pay for it sooner or later.

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3 years ago
Suppose that a consumer has a health insurance program with co-payments of $10 per doctor visit. If the consumer purchases 6 doc
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Answer:

$300

Explanation:

Given that s a health insurance program with co-payments of $10 per doctor visit.

Thus,

amount paid by insurance in 1 visit = $10

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Amount paid by the consumer = Total bill charged by the doctor in 6 visit - Amount paid by consumer in 6 visit = $360 - $60 = $300

Since , consumer is the third party payer he pays $300 out of total $360 bill charged by the doctor.

In fraction ,portion of bill paid by the third party payer = 300/360 = 5/6

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3 years ago
What happens if my mission statement changes in the future?
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Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,00
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