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
OverLord2011 [107]
3 years ago
15

Maybelline falls down a well and is saved when her neighbor Ruben makes a very daring rescue. Ruben hoists her to safety, and Ma

ybelline hugs him and promises him a check for $100,000 for his kindness. Ruben is delighted and when Maybelline visits him the next day and again mentions the $100,000, he tells her that he is going to quit his job as a preschool music teacher and use the money to start a business. Two days later he resigns from the nursery school and calls Maybelline and asks when he can expect his money. He is startled when she replies that she is not going to give him a cent. Will a court enforce Maybelline's promise?
Business
1 answer:
Nady [450]3 years ago
8 0

Answer:

Yes, the court should enforce Maybelline's promise since Ruben relied on it. Maybelline offered Ruben the money not once, but twice, so Ruben had sufficient reasons to believe that she would fulfill her promise. Ruben suffered since she didn't fulfill her promise, so the court should rule in his favor.

You might be interested in
Describe the importance of positive communication in business.
Murljashka [212]

Answer:Another importance of effective communication in business is improved partnership. Communication is crucial when dealing with suppliers and other external business contacts. Sometimes suppliers need to be regularly updated on all the products so they can determine areas that they need to improve.

Explanation:

6 0
3 years ago
What accounts for the increase in operating support when an independent business expands by becoming a franchisor?
Musya8 [376]

Answer:

hi

Explanation:

I don't know

sorry sorry sorry

3 0
2 years ago
The following credit sales are budgeted by Swifty Corporation:
Genrish500 [490]

Answer:

$458,000

Explanation:

April

$460,000 x .70 = $322,000

March

$520,000 x .2 = $104,000

February

$400,000 x .08 = $32,000

Addition of APRIL+MARCH+FEBRUARY

$322,000 + $104,000 + $32,000

= $458,000

Therefore the anticipated cash inflow for the month of April is $458,000

3 0
3 years ago
False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account. Sales and cash coll
gayaneshka [121]

Answer:

$607,000

Explanation:

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account.

Sales and cash collections from customers during the year were $650,000 and $610,000, respectively.

False Value estimates that 6% of all sales will be returned.

During 2016, customers returned merchandise for credit of $28,000 to their accounts.

False Value's 2016 income statement would report net sales of:  

The closing balance in the allowance for sales returns account will be: 32,000 opening balance + 6% 0f 650,000 - sales returns within the year of 28,000 = $43,000

Hence Net Sales will be 650,000 - 43,000 = $607,000

5 0
3 years ago
Restaurant Brands International Inc. (RBI) describes itself as follows in its first Restaurant footnote: "We franchise and opera
Tasya [4]

Answer and Explanation:

Data provided

Depreciation = $185 million

The Journal entry is shown below:-

Depreciation expense  $185 million  

      To Accumulated depreciation $185 million

(Being depreciation expenses is recorded)

Here we debited depreciation expense as expenses are increasing whereas we credited the accumulated depreciation as the assets decreasing.

5 0
3 years ago
Other questions:
  • Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing
    11·1 answer
  • Whic of the statement below is FALSE?
    5·1 answer
  • Perle, a dentist, billed Wood $600 for dental services. Wood paid Perle $200 cash and built a bookcase for Perle's office in ful
    9·1 answer
  • Suppose that $1450 is deposited into an account paying simple interest of 8% annually. At the end of seven (7) years, the accoun
    6·1 answer
  • Interior Designs has a days sales in inventory of 51 days, an average payment period of 38 days, and an average collection perio
    7·1 answer
  • Western Wear Clothing issues 2,700 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t
    9·1 answer
  • Assume that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good. The income elasti
    5·2 answers
  • Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capa
    5·1 answer
  • before creating a social media advertising campaign, sarah embeds quantitative and qualitative metrics at the onset of her strat
    9·1 answer
  • If the reserve ratio is 20%, and the money supply increases by $100,000 because of open-market operations, then the Federal Rese
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!