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Ganezh [65]
3 years ago
13

When does a corporation become a party to contracts made by the person forming a corporation?

Business
1 answer:
saul85 [17]3 years ago
7 0

Answer:

They become part of a contract when the agents, personnel, and officers bind the contract of the cooperation by law.

Explanation:

the law that binds the contract is called agency law or cooperate law.

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Easywriter manufactures an erasable ballpoint pen, which sells for $1.75 per unit. management recently finished analyzing the re
maxonik [38]

a. 50 cents

Contribution margin per unit is price per unit- variable cost per unit

1.75 - ($50,000/40,000 units)

1.75 - 1.25 = $ .50

b. $8750

Margin of safety is the expected sales - break even sales

(45,000 units * $1.75 per unit) - (40,000 *1.75)

78,750 - 70,000 = $8750

6 0
3 years ago
Karen and Jay need a larger home. They have two large dogs and a baby on the way. One day in the real estate section, they see t
juin [17]

Answer: BRIDGE LOAN

Explanation: As the name says the bridge loan are the type of loans that bridge the difference between the new home of the buyer and the new mortgage in case the buyers existing home hasn't been sold yet. It is a type of short term loan, the usual time period for such kinds of loan is 2 weeks to 3 years.

In this case Karen and Jay have purchased the new house but sale of their old house is still pending thus from the above explanation we can conclude that bridge loan would be appropriate for them.

6 0
3 years ago
After having problems with her Mitsubishi car, sandra salazar had santa Fe Mitsubishi install a used LO1 motor in it. when she p
ehidna [41]

Answer:

The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)

Explanation:

What is express warranty?

An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:

Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.

Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.

An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.

6 0
3 years ago
Read the following scenario. An urban area in southern Texas is rapidly growing. The population has almost doubled over the past
Alex73 [517]
I'm not 100% sue but I think the answer is option D: District boundaries will remain the same, but the voting pattern will shift from Republican to Democratic. Hope this helps!
7 0
3 years ago
S= 2( lw + lh + wh) Solve for w <br><br> Please show your work
charle [14.2K]

You said that                             S     =  2(lw + lh + wh)

Divide each side by  2 :             S/2  =  lw + lh + wh

Subtract  'lh'  from each side:    S/2 - lh = lw + wh

Factor the right side:                S/2 - lh  =  w(l + h)

Divide each side by  (l + h) :    (S/2 - lh) / (l + h)  =  w
 
5 0
3 years ago
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