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spin [16.1K]
3 years ago
8

Your 15-year-old brother comes home with the great news that he has decided to buy his first car he found on Craigs List. Your b

rother has just agreed to give $7,000 to a buy the car. He signed the contract and just needs to pay the stranger and pick up the car. Your dad is upset and calls the stranger to tell him your brother will not be buying the car. The stranger can:_________.
a. do nothing.
b. sue your brother for specific performance.
c. sue your brother for breach of contract.
d. sue your dad for breach of contract.
Business
1 answer:
Ede4ka [16]3 years ago
4 0

Answer:

a. do nothing.

Explanation:

In this scenario the contract to buy the car was entered by your 15 year old brother. According to the law the legal age for an individual to be able to enter into a legal contract is 18 years and above.

If a person is less than 18 years they will require the guardian to be the person entering the contract on their behalf.

Since the contract was not entered into with the father's knowledge, this is not a legally binding contract.

So the stranger cannot sue in this instance

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Temka [501]

Answer:

1. profit is maximized when Q = 6 bushels, from table

2. When MC increases by 0.5 at each level of quantity produced, setting P = MC for profit maximization

at output level = 6, P = 4, MC = 3.5

Q = 6 bushels

3. Profit = 24-15-0.5*6 = 6.00

6 0
3 years ago
Read 2 more answers
Organic Eats is a restaurant that caters to the needs of a small percentage of highly health-conscious consumers. It has an all-
erastova [34]

Answer:

D. focused differentiation strategy

Explanation:

Focused differentiation strategy is a type of strategy employed by a company or business, whereby a particular small group of customers are targeted and provided with differentiated products that cannot be easily gotten elsewhere. This type of strategy is usually effective in a market where competition is limited, such as can be seen in the market of organic products and foods.

The scenario as described in the question above, suggest that <u><em>Organic Eats is following a focused differentiation strategy</em></u>, as they target only a small percentage of consumers that are highly health-conscious, and also provide a differentiated product consisting of an all-organic, vegan menu. There is also limited competition from other competitors as there are few restaurants that offer the same unique services that Organic Eats offer.

3 0
3 years ago
Lifelong Learning( Veronica takes advantage of all training opportunities offered at her job. She registered and attended worksh
vova2212 [387]

Answer:

Lifelong Learning

Explanation:

This is an example of Lifelong Learning. This term refers to when an individual pursues knowledge in any and all shapes and forms from their own free will. This means that they are voluntarily going after knowledge and taking every opportunity to learn more without being forced to do so. Usually, because they believe that knowledge is power and want to learn because they like to do so. This is exactly, what Veronica is doing by taking full advantage of any opportunity that becomes available for her to learn any new skill.

8 0
3 years ago
The poverty rate in the United States is defined as the proportion of the population that fails to earn a ____ absolute income s
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Answer:

The correct answer is : minimum; risen.

Explanation:

The poverty rate can be defined as the rate of population in a certain age gap who fail to earn a given minimum absolute income.

The census bureau updates the poverty threshold annually. People below this threshold level are considered poor.

According to the data from US census bureau the poverty rate in 2000 was 11.3%. In 2010, it was 15.1%. Though it fell to 13.5% in 2015 it is still higher than that in 2000.

So, we can conclude that poverty rate has increased largely since the year 2000.

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3 years ago
In the context of the Blake/Mouton leadership grid, which of the following is a similarity between leaders using the team manage
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Answer:

d. Both have a high concern for production.

Explanation:

The Blake/Mouton Managerial Grid leadership gridrepresents the degree to which managers have a concern for production and for people. The degree to which a manager has concern for either or both determines the manager's leadership style.

In the team management leadership style both the concern for people and production are high and also in the authority compliance leadership there is a concern for production. Therefore, both have a high concern for production.

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