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Vladimir [108]
3 years ago
13

Jeff jokingly offers to sell his farm to Ron for $100. Ron accepts, and demands the farm after giving Jeff his $100. What is Jef

f’s best argument that a contract was not formed?
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

A reasonable person would not think, it was a fair offer to sell a land in $100

Explanation:

  • Jeff jokingly to Ron that he wanted to sell his farm in just $100, Ron has to know that, no one wants to sell his farm or land in just $100.
  • Jeffs's offer was automatically null for Ron.
  • Jeff can simply explain to Ron that this contract is not formed because he was making a joke with Ron.
  • by these argument Jeff can simply explain Ron about the joke.
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The grapevine is perceived by most employees as being more believable and reliable than formal communiqués issued by management.
pantera1 [17]

Answer: False

Explanation: Grapevine is an informal communication channel in the organisation in which the information flows  in all directions irrespective of the level of authority.

This is not considered to be a reliable channel as it does not make any authority or obligation to anyone and often leads to false rumors in the organisation. Whereas in the case of formal communiques one can make the authority of the sender of the message if the information lead to any false rumors and chaos.

Thus, the given statement is false.

4 0
3 years ago
Imagine two cities, Hometown and Visitorsville, where the rich, middle, and poor income recipients in one city have annual incom
Grace [21]

Answer:

The answer is letter A.

Explanation:

The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.

6 0
4 years ago
Since stocks can be traded online, which purpose is best served by markets?
inn [45]

Answer:

Markets regulate transactions.

6 0
3 years ago
Create your own WBS is for a project by using the mind-mapping approach. Break at least two level two items down to level four.
bonufazy [111]
Experienced project managers know that many things can go wrong in projects, regardless of how successfully the work is planned and executed. Component or full-project failures, when they do occur, can often be traced to a poorly developed or nonexistent WBS. A poorly constructed WBS can result in adverse project outcomes including ongoing, repeated project re-plans and extensions, unclear work assignments, scope creep or unmanageable, frequently changing scope, budget overrun, missed deadlines, and unusable new products or delivered features.

The WBS is a foundational building block to initiating, planning, executing, and monitoring and controlling processes that are used to manage projects as they are described in the PMBOK® Guide—Third Edition (PMI, 2004). Typical examples of the contribution that the WBS makes to other processes are described and elaborated in the Practice Standard for Work Breakdown Structures–Second Edition (PMI, 2006).

6 0
3 years ago
As energy costs continue to rise, power efficiency is increasingly important. Acme Chemical is evaluating 2 different electric m
astra-53 [7]

Answer:

The answer is below

Explanation:

For motor A, efficiency = 75%= 0.75 hence:

Operating\ cost\ of\ motor\ A=\frac{75\ hp}{0.75} *\frac{0.746\ kW}{hp}*\frac{\$0.16}{kWh}  *\frac{8\ hr}{day}*\frac{365\ days}{year} \\\\Operating\ cost\ of\ motor\ A=\$34853

Total cost for motor A = operating cost + purchase cost = $34853 + $3200

Total cost for motor A = $38053

For motor B, efficiency = 85% = 0.85

Operating\ cost\ of\ motor\ B=\frac{75\ hp}{0.85} *\frac{0.746\ kW}{hp}*\frac{\$0.16}{kWh}  *\frac{8\ hr}{day}*\frac{365\ days}{year} \\\\Operating\ cost\ of\ motor\ B=\$30753

Total cost for motor B = operating cost + purchase cost = $30753 + $5900

Total cost for motor B = $36653

Therefore motor B is more economical since it has a lesser total cost

7 0
3 years ago
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