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NISA [10]
4 years ago
7

The Next Monet, Inc., operated art schools. At one of its classes, John Picasso (no relation to the great artist) was praised by

an instructor for his potential as "the next Monet." The instructor then sold John twenty half-hour art lessons for $20.00 each. Over the next three years, the instructor continued to praise John’s artistic potential, and John bought 4,000 hours of art lessons during that period. When John realized that he still couldn’t paint a bowl of fruit, he sued The Next Monet alleging fraudulent misrepresentation. Based on the decision in Vokes v. Arthur MurrayLinks to an external site., Inc., the court in this case would most likely rule in favor of:__________.
a. The Next Monet, because the instructor did not guarantee success.
b. John, because the instructor had superior knowledge of as to whether John had artistic potential.
c. None of the above.
d. The Next Monet, because the instructor’s opinion cannot be challenged by a court that knows little about art.
Business
1 answer:
Schach [20]4 years ago
7 0

Answer:

Option B                            

Explanation:

In simple words, The given case is related to the conclusion made by the court in the famous case of  Vokes versus Arthur MurrayLinks, in which the jury in the court rules that,  a determination of a party carrying better information about a subject matter may be treated as a matter of fact even though it would be treated as an opinion if the parties were speaking for deal  on equal conditions.

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An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir
hichkok12 [17]

Answer: Option A

Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.

As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.

Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.

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3 years ago
What is teaching? name the manpower related to the teaching sector. <br><br>​
mr Goodwill [35]

Answer:

See below

Explanation:

<u></u>

<u>1. Teaching</u>

Teaching is a deliberate process of sharing knowledge and information in an organized manner and within a discipline. To teach is to provide experiences that stimulate the psychological and intellectual growth of a person.  It involves the more knowledgeable instructor, issuing guidance and instructions to another person who seeks to acquire knowledge.

Teaching takes place in schools and the out-of-school environment.

<u>2. The manpower related to teaching include,</u>

  1. The teacher: Also known as a tutor, instructor, or lecturer.
  2.  Education Administrators: Made-up of heads of leaning institutions,    education supervisors and the top management of education in a country.
  3.  Support staff in educational institutions.
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3 years ago
Leasing a car may be a better option than buying a car
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You bought a stock one year ago for $51.41 per share and sold it today for $59.82 per share. It paid a $1.03 per share dividend
RideAnS [48]

Answer:

Return from dividend yield= 2.0%

Capital gain = 16.4%

Explanation:

The return on a stock is the sum of the capital gains(loss) plus the dividends earned.

<em>Capital gain is the difference between the value of the stocks when sold and the cost of the shares when purchased. </em>

Total shareholders Return =  

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The total return can be broken down into

<em>Dividend yield = Dividend/price × 100</em>

= 1.03/51.41 × 100

=2.0%

<em>Capital gain = capital gain/ price  × 100</em>

= (59.82 - 51.41)/51.41 × 100 = 16.4%

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Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:<br> help me
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