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
KiRa [710]
4 years ago
6

Abe Lincoln was scheduled to give a speech that was rumored to be better than his Gettysburg Address. Many citizens were plannin

g on attending this occasion. The local bed and breakfast was renting out rooms at three times the normal rate during the time that Lincoln would be in town for his speech. Paul and Patti Smith rented a room for that amount because they were so excited to hear Lincoln speak. A day before Lincoln's speech, he was assassinated while enjoying the theatre. The bed and breakfast sought payment for the room rental, but the Smiths refused. The bed and breakfast sued for the Smiths for breach of contract. This is an example of
a. discharge by illegaility
b. discharge by destruction of subject matter
c. discharge by commercial impractibility
d. discharge by death
e. discharge by frustration of purpose
Business
1 answer:
Assoli18 [71]4 years ago
5 0

Answer:discharge by frustration of purpose

Explanation:

Discharge by frustration of purpose is a defense concept used in law in order to bring about a breach or termination of a contract.This occurs when unplanned,spontaneous or unforeseen circumstances occurs and thus,it prohibits or prevents the core reason in which the contract was being entered into at the time of the contracts agreement,with both parties fully aware of the core reason which brought about the establishment of the contract.That is to say,the primary objective in which the contract was being created upon has automatically brought about a halt of the secondary reason(which is the contract itself),having in mind that both parties were originally aware of the primary reason for entering the contract.

Here,Paul and Patti Smith rented a room an amount triple it's original price because they were so excited to hear Lincoln speak. A day before Lincoln's speech, he was assassinated.So this disappointment brought about a "discharge by frustration of purpose" by the Smiths,not forgetting that that The bed and breakfast knew it was their original intent,that's why they paid such exorbitant prices for the room rental,although it sued them.

You might be interested in
The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece
brilliants [131]

Answer:

Vera Incorporated

Change in annual operating income from discontinued business:

Annual Operating Income would reduce by $78,000.

Explanation:

a) Calculation of the Net Income Lost:

Loss of Contribution        ($99,000)

Avoidable fixed cost          $21,000

Reduction of Income       ($78,000)

b) The line of purses contributes $80,000 towards the company's fixed cost.  Therefore, discontinuing this line of business would lead to the loss of this steam of income.  The amount of reduced operating income will be $78,000 ($80,000 - 2,000).

4 0
3 years ago
What is the main problem that sellers suffering from marketing myopia​ face?
Tanya [424]
The answer is "<span>They focus more on products than the​ customer's underlying need.".
</span>
Marketing Myopia is marketing term as it shows by its name, referred to short-sighted and inward looking way to deal with promoting that spotlights on the requirements of the organization as opposed to characterizing the organization and its items as far as the clients' needs. It brings about the inability to check and accommodates to the quick changes in their business sectors or markets.
8 0
3 years ago
Read 2 more answers
Hi I need 3 sentences abo8ut why you should buy the tesla stock
zhannawk [14.2K]

Answer:

1. The world is shifting to electric vehicles

2. The business is over the profitability hump

3. Optionality could lead to massive new sources of revenue

Explanation

THE EXPLANATION FOR NUMBER 1: In the first half of 2021, global electric vehicle (EV) sales were 2.6 million units. It doesn't sound like a lot. But unit growth was up 160% over the same period last year. That's more than six times faster than the overall auto market.

THE EXPLANATION FOR NUMBER  2:In 2017, famed investor Jim Chanos said about Tesla: "We think the equity is worthless." As silly as the projection looks in hindsight, Tesla CEO Elon Musk has since admitted that the company was about a month away from bankruptcy at the time. Those days are long gone. The company is now solidly profitable with industry-leading gross margins.

EXPLANATION FOR NUMBER 3:

While the company should be praised for the turnaround, many shareholders have their eyes fixed on new markets the company could disrupt. Led by sanguine analysis from Cathie Wood's ARK Invest, and the stock's inclusion in several of ARK's high-profile exchange-traded funds, Tesla now sports a market capitalization of $777 billion.

hope this helps sorry this is alot

4 0
3 years ago
Read 2 more answers
Betsy wants to determine if the types of products advertised on television vary depending on the time of day. Which type of arch
Step2247 [10]

Betsy should employ content analysis type of archival research approach in this scenario.

<h3>Content Analysis</h3>

The existence of particular words, topics, or concepts in a given set of qualitative data can be found by using the research tool of content analysis. The presence, significance, and connections of such specific words, themes, or concepts can be quantified and examined using content analysis. To check for bias or partiality, for instance, academics can assess the language used in a news piece. The meanings included in the texts, as well as their authors, readers, and even the culture and time period in which they were written, can all be inferred by researchers. Almost any instance of communicative language can be used as a source of data, including interviews, open-ended inquiries, field study notes, dialogues, and open-ended questions. For the sake of analysis, a single study may examine numerous textual genres.

Learn more about content analysis here:

brainly.com/question/13248426

#SPJ4

4 0
2 years ago
Which of the following is not a factor of production A. land. B. entrepreneurship. C. money. D. human capital.
kirill [66]

Answer:

D. HUMAN CAPITAL

Explanation:

Factors of Production are the resources/ inputs used to produce final finished goods output.

There are 4 factors of production:

  • Land - is paid 'rent' as factor income
  • Labour - is paid 'wages' as factor income
  • Capital (Money) - is paid 'return on investment' i.e 'interest' as factor income
  • Entrepreneur (Entrepreneurship) - is paid reward as 'profit'.

Labour & Human Capital seeming to be synonyms are different :- 'Human Capital' is the stock of knowledge & skills embodied in 'labour', enabling them to perform tasks of economic value. Firms invest in human capital i.e knowledge/skill enhancement of factor of production 'labour'.

So, Labour and <u>not</u> HUMAN CAPITAL is a factor of production.

3 0
3 years ago
Other questions:
  • 30. In a small open economy, if consumers shift their preference toward Japanese cars, then net exports: A) fall, and the real e
    5·1 answer
  • Compare and contrast John Keats’s “To Autumn” and Susan Hartley Swett’s “July.” In your response, make sure you include the answ
    12·1 answer
  • Marigold Company began operations in 2019 and determined its ending inventory at cost and at lower-of-LIFO cost-or-market at Dec
    5·1 answer
  • _________ can give every business access to an agile workforce that is not only better suited to solving some of the problems th
    14·1 answer
  • Intel Corporation reported the following on its 2016 income statement (in millions) Sales revenue $59,387 Gross profit $36,191 T
    8·1 answer
  • According to the Keynesian framework, ________ may cause a recession, but not inflation. a. a major trading partner's economic s
    11·1 answer
  • How much money should Timothy and Tiffany deposit annually for 20 years in order to provide an income of $30,000 per year for th
    11·2 answers
  • A recent survey reports that employees devote only 25 percent of their work time to creativity. the primary barrier to creativit
    15·1 answer
  • A circuit contains two 90 Ω resistors connected in parallel. What's the total circuit resistance?
    9·2 answers
  • Final Exam Review Explain the Risk Management Process (4 tasks) and explain the 4 ways to respond to risk and provide an example
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!