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
Margaret [11]
3 years ago
15

Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J

ulius can't afford her boat anyway. Rachel says, "I'd sell my boat to you for $20,000." To Rachel's surprise, Julius responds "Ok, it's a deal." Rachel does not want to sell the boat to Julius for any price. Julius and Rachel have:a. not formed a valid contract because of lack of definiteness in the contract terms.b. not formed a valid contract because Rachel did not want to sell the boat for any price.c. formed a valid contract because Rachel's outward expressions showed the formation of a contract.d. formed a valid contract because Julius expressed outward interest in the boat
Business
1 answer:
ryzh [129]3 years ago
5 0

Answer:

C) formed a valid contract because Rachel's outward expressions showed the formation of a contract.

Explanation:

A valid contract is a binding and enforceable agreement, where all parties are legally bound to perform the contract.

Probably the most important part of a contract is the existence of an offer and acceptance. Once a valid offer is accepted, it binds the parties into a valid contract.

In this case, Rachel accepted Julius´s offer to buy her boat, so an offer and acceptance exists.

You might be interested in
A healthy fast-casual restaurant that offers only vegetarian and vegan meals insists on portraying organic ingredients in its ad
Gelneren [198K]
The strategy that they use is <span>signaling value by targeting sophisticated buyers

This type of strategy could only work if the target market has specific preferences.
Even though the number of potential consumers for this market tend to be considerably small compared to another market, but the customers that obtained through this strategy tend to show higher level of loyalty.</span>
5 0
2 years ago
A downfall of the infant-industry argument is that
denis23 [38]
A downfall of the infant-industry argument is that o<span>nce established, a tariff is politically difficult to remove.
For new industries, it almost impossible for a new startup to compete against a well-established industry unless they have a unique differentiation in their product.</span>
8 0
3 years ago
Current labor market trends include _____.answer.com
miv72 [106K]

an increase in service jobs accompanied by a decrease in manufacturing jobs

3 0
3 years ago
On December 20, 2017, Butanta Company (a U.S. company headquartered in Miami, Florida) sold parts to a foreign customer at a pri
rjkz [21]

Answer:

The appropriate solution is:

(a) $3150

(b) $4200

Explanation:

According to the question,

(a)

The exchange loss will be:

= (1.20-1.17)\times 105000

= 0.03\times 105000

= 3150 ($)

(b)

The exchange loss will be:

= (1.17-1.13)\times 105000

= 0.04\times 105000

= 4200 ($)

4 0
2 years ago
1) What does living paycheck to paycheck mean?
densk [106]

1) When all the money you make in one paycheck goes only into staying on top of your bills

2) Create a list of mandatory things like electric, water and rent and make sure to "pay yourself first" ~Dave Ramsey

4 0
2 years ago
Other questions:
  • What document is necessary to get through the security checkpoints at airports?
    5·1 answer
  • Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.
    11·1 answer
  • Public domain which group of consumers would find this ad offensive? middle class homemakers small business owners assembly line
    11·1 answer
  • On January 1, 2021, the Excel Delivery Company purchased a delivery van for $111,000. At the end of its five-year service life,
    9·1 answer
  • The declaration date is the date on which the corporation ______. makes a payment to the stockholders of record records its obli
    14·1 answer
  • The state government offered Mike $300,000 for his family’s property, which they plan to use for building a new development.
    11·1 answer
  • Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jo
    7·1 answer
  • Consumers have certain rights that do NOT carry corresponding responsibilities.
    12·1 answer
  • If a firm can raise market price by reducing its output, then:
    10·1 answer
  • the purpose of tracing a sample of inventory tags to a client's computerized listing of inventory items is to determine whether
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!