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artcher [175]
3 years ago
6

Marty's home had burned to the ground. When he met with his insurance adjuster, she accused him of burning down the house and sa

id she would have him criminally prosecuted if he didn't settle the claim for much less than the house was worth. The adjuster knew that Marty had not burned down the house. Marty agreed to the settlement.
If he changed his mind, he can probably rescind the settlement on the basis of:

A) capacity.
B) duress.
C) undue influence.
D) mistake.
Business
1 answer:
Phantasy [73]3 years ago
5 0

Answer:

B) duress.

Explanation:

"Duress" refers to the exercise of unlawful pressure by one individual upon another in order to coerce such person to act in such a way which he ordinarily will not.

Duress and undue influence are two terms that appear synonymous but actually differ. Under the latter, the act of coercion is carried out by an individual who held something in trust for other. Under duress, there exists a threat to harm, which is not necessarily true in case of undue influence.

In the given case, after Marty's house was burnt, the insurance adjuster instead of approving her claim, rather accused him of burning the house and further threatened him with criminal prosecution, if the former did not agree to much lower claim.  

In this case, Marty may rescind such previously agreed settlement on the grounds of  duress wherein, the insurance adjuster coerced and threatened him for such settlement and forcibly changed his action with the motive of deriving personal gains.

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If airlines do not change their prices how else might they try to compete with each other?
WARRIOR [948]
<h3>Hello there!</h3>

Your question asks how airlines compete with each other if they don't change their prices.

<h3>Answer: By giving the customers better service.</h3>

If an airline company doesn't want to change their prices for a flight, but still want to compete with other airlines, then they would try to compete by providing more and better services to the customers.

When an airline competes with providing better services, it attracts customers to choose them because customers could feel more comfortable on their flight.

Airlines can compete by providing:

  • Wi-Fi
  • More space
  • Entertainment
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Airlines now a days are starting to provide Wi-Fi services to its customers in the aircraft. Since we live in a world that needs Wi-Fi for electronical things, airlines are providing Wi-Fi in order to have people choose their airline for their flight. Providing Wi-Fi to its customers will not only bring in more customers, but can keep people busy on the flight, having no disruptions since people would be focused on their personal stuff on their laptop/phone/etc.

Airlines are also competing by providing more space in their cabin. People that go on flights feel very cramped in their seat; having little leg room between their legs and the seat in front of them. Airlines are making more leg room and space for the customers in order for them to enjoy the flight. This is luring in customers because customers want to feel comfortable, and space is the main thing that customers want in their flights.

Airlines are also competing by providing entertainment. The entertainment part of an aircraft is in the little screen that would be in front of the customer, behind the seat in front of them. This entertainment service would entertain people on their flights. This entertainment service could provide movies, world map, and etc. Flights are boring, and so airlines are trying to make the flights more entertaining.

Airlines are also competing by providing better food. Who doesn't get hungry on the plane? If airlines are giving terrible food, why would someone want to choose that airline again? Airlines are providing better food in order for customers to choose them as their airline. Food is a major thing that lures people into different airlines. This is something that airlines are trying to improve all the time.

To sum it all up, these are just some of the ways airlines compete with each other, without having to change the price of their flights.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
Grayhawk Company reported net credit sales of $588,000 for the year ending December 31, 2019. On January 1, 2019, the Allowance
Sever21 [200]

Answer:

D) $8,040

Explanation:

<u>Credit Sales Method:</u>

Bad Debt Losses = 3% of Credit Sales

Bad Debt Losses = 0.03 x $588,000

Bad Debt Losses = $17,640

<u>Adjusted balance in the Allowance for Doubtful Accounts:</u>

Bad Debt Losses - (uncollectible accounts receivable - Allowance for Doubtful Accounts)

$17,640 - ($24,000 - $14,400)

$17,640 - $9,600

$8,040

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2 years ago
Deitz Corporation is projecting a cash balance of $32,400 in its December 31, 2019, balance sheet. Deitz's schedule of expected
Anna71 [15]

Answer:

<u>Dietz corporation cash budget for the first quarter </u>

Total Receipts :

Collections from Customers                           $199,800

Receipts from Sale of Equipment                      $3,240

                                                                        $203,040

Total Payments :

Direct materials                                                 $46,440

Direct labor                                                        $75,600

Manufacturing overhead                                  $37,800

Selling and administrative expenses               $48,600

Purchase of securities                                        $15,120

                                                                         $223,560

Net Receipts/(Payments)                                 ($20,520)

Opening Balance                                              $32,400

Closing Balance                                                  $11,880

Required Balance                                              $27,000

Loan (Shortfall)                                                    $15,120

Explanation:

A cash Budget shows the future estimate of future cash incomes and cash expenditures.

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Your answer is <span>telecommuting or B.</span>
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