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
maria [59]
4 years ago
15

For consideration, Hazel orally promises to pay Jill $750 a month, on the first day of every month, for as long as Jill lives. H

azel makes the payments regularly for the first seven months and then makes no further payments. Jill claims that Hazel has breached the oral contract and sues Hazel for damages. Hazel contends that the contract is unenforceable because, under the Statute of Frauds, contracts that cannot be performed within one year must be in writing. Discuss whether Hazel will succeed in this defense.
Business
1 answer:
Aliun [14]4 years ago
6 0

Answer:

Hazel will have to pay Jill $750 for his remaining life because Hazel had received something which is very expensive in return in compensation of his lifetime monthly payments of $750 to Jill. So this means that the 100% contract is enforceable.

The contract formation can be proved in the court because when Hazel will say that the contract is not written so according to Statute of Fraud he is not liable to pay Jill. This means he is agreeing at the point that the contract was in place.

You might be interested in
Saan mas maraming pag kakataon na itaas ang kutsara<br>​
stepan [7]

Answer:

sa pagsubo ng pagkain

Explanation:

follow me

5 0
3 years ago
You are considering purchasing a stock that currently sells for $48. The expected price of the stock in a year is $46, and durin
o-na [289]

Answer:

Holding Period return is 6.25%

Explanation:

The return received on the asset in the period in which it is held is called holding period return. It included the interest / dividend received and change in the initial price and current price.

According to given data

Initial Price of stock = $48

Expected Value in coming year = $46

Expected Dividend =  $5

Formula for Holding Period Return

HPR = [ Income + [ ( Expected value - Initial Value ) ] / initial value

HPR = [ Expected Dividend + [ ( Expected value - Initial Value ) ] / initial value

HPR = [ $5 +  ( $46 - $48 ) ] / $48

HPR = [ $5 - $2 ] / $48

HPR = $3 / $48

HPR = 0.0625 = 6.25%

5 0
3 years ago
Maxim manufactures a hamster food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The vari
Thepotemich [5.8K]

The net advantage (incremental income) of processing Green Health further into Premium Green and Green Deluxe would be:

<u>Explanation:</u>

Concept and region

Financial Statement

The statement is prepared for the specific period which comprises the financial information of the organization. it includes the statement of the income which shows the profitability of the business, balance sheet which shows the financial position in the terms of the asset. liability and capital, and cash flow statement (CFS) which represents the cash flows for the accounting period.

Fundaments

Sales:

It refers the revenue which is earned by the core business of the organization the units sold during the period are multiplied by the selling price per unit in order to determine the amount of sales.

The incremental revenue of the company is $6,000.

8 0
3 years ago
If you are a manager seeking to join a firm that groups managers according to their expertise and resources they use in their jo
4vir4ik [10]

Answer:

Asfghiekeekeeekekkekekekekskeoeoekseoke,eoekelsoe,sos,dodos,ske

Explanation:

6 0
4 years ago
A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto
Anvisha [2.4K]

Answer:

Any value given up from not choosing the other options is the <u>opportunity cost</u>

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  

It represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is to plant crops.  

8 0
3 years ago
Other questions:
  • What is the current price for a $8,500 bond that has a price quote of 89? What is the current price of the bond?
    7·1 answer
  • Proponents of the balanced scorecard approach to control assert that it ________.A) links measures of organizational success mor
    8·1 answer
  • Describe Effective communication strategies for gathering information and educating patients and the importance of apply them
    11·1 answer
  • At​ present, the real​ risk-free rate of interest is 1.9​%, while inflation is expected to be 1.4​% for the next two years. If a
    8·1 answer
  • Laserwords Inc. is a book distributor that had been operating in its original facility since 1987. The increase in certification
    13·1 answer
  • Which of the following statements is true of a VRIO framework?​ A. It involves the difficulty of identifying the actual cause of
    9·1 answer
  • The Down and Out Co. just issued a dividend of $1.94 per share on its common stock. The company is expected to maintain a consta
    11·1 answer
  • hich of the following situations will disqualify a single individual from claiming the Premium Tax Credit? A. Marriage to an ind
    6·1 answer
  • A businessperson is setting up a new automatic car wash and is choosing between two fully automated machines. The first machine
    13·1 answer
  • On January 1, 2020, Ann Price loaned $216216 to Joe Kiger. A zero-interest-bearing note (face amount, $280000) was exchanged sol
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!