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svp [43]
3 years ago
15

If a plaintiff can show that he has been injured, but does not have a contract, he can sometimes still recover under certain the

ories. In __________ cases, the defendant received a benefit from the plaintiff. In __________ cases, the defendant made a promise that the plaintiff relied on.
A. quasi-contract
B. semi-contract
C. promissory estoppel
D. executed contract
E. voidable contract
F. bilateral contract
Business
1 answer:
olya-2409 [2.1K]3 years ago
4 0

Option A and C

In quasi-contract cases, the defendant received a benefit from the plaintiff. In promissory estoppel cases, the defendant made a promise that the plaintiff relied on.

<h3><u>Explanation:</u></h3>

A quasi-contract is a retroactive system among two parties who own no prior commitments to one another. It is designed by an expert to change a situation in which one individual takes something at the value of the other. The plaintiff must have provided a substantial thing or service to the added party with the expectation or assumption that mortgage would be supplied.

Promissory estoppel is a concept in contract law that hinders a character from performing reverse on a commitment even if a legitimate contract does not endure.

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When establishing the wage of a career, employers might consider which of the following:
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Answer:

Experience, qualifications, and responsibility

Explanation:

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Imagine that you are the marketing manager of a hotel chain that wants to implement a customer reward and loyalty program. You r
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A) customer relationship management.

Explanation:

Based on the scenario being described within the question it can be said that Sabre Hospitality Solutions is a company that focuses on customer relationship management. This refers to an approach tailored around the company's interactions with the customers as well as obtaining and retaining their customer base in order to drive sales growth. Which is what Sabre Hospitality Solutions seems to be doing by trying to implement customer rewards and loyalty programs to grow their customer loyalty and population.

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Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The var
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The variable expense ratio for paprika is 27%.

<h3>Variable expense ratio</h3>

Using this formula

Variable expense ratio=Variable cost/Selling price

Where:

Variable cost=$2.43

Selling price=$9

Let plug in the formula

Variable expense ratio=2.43/9×100

Variable expense ratio=27%

Inconclusion the variable expense ratio for paprika is 27%.

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5 0
2 years ago
On January 1, 2018, Friendly Farm Company purchased a new machine at a cost of $350,000. The machine has an estimated useful lif
schepotkina [342]

Answer:

Friendly Farm Company

Schedule of Straight-line, Units of Production, and Double Declining Balance:

                             Straight-line     Units of Production    Double Declining

Year 1 Book value   $350,000        $350,000                               $350,000

Depreciation Exp.     $80,000          $96,000 (30,000*$3.20)      $175,000

Year 2 Book value $270,000        $254,000                                 $175,000

Depreciation Exp.    $80,000           128,000 (40,000*$3.20)          87,500

Year 3 Book value $190,000         $126,000                                  $87,500

Depreciation Exp.   $80,000             64,000 (20,000*$3.20)          43,750

Year 4 Book value $110,000           $62,000                                  $43,750

Depreciation Exp.    80,000              32,000 (10,000*$3.20)         $13,750

Residual value       $30,000           $30,000                                  $30,000

Explanation:

a) Data and Calculations:

Cost of new machine = $350,000

Estimated useful life = 4 years or 100,000 hours

Residual value = $30,000

Usage of machine:

Year 1 = 30,000 hours

Year 2 = 40,000 hours

Year 3 = 20,000 hours

Year 4 = 10,000 hours

Units of Production = $320,000/100,000 = $3.20 per unit

Depreciable amount = $320,000 ($350,000 - $30,000)

Straight-line method, Depreciation per year = $80,000 ($320,000)

= 25% (100/4).

Depreciation expense, using Double-Declining Balance rate = 25% * 2 = 50%:

Year 1 = $350,000 * 50% = $175,000

Year 2 = $175,000 * 50% = $87,500

Year 3 = $87,500 * 50% = $43,750

Year 4 = $13,750 ($43,750 - $30,000)

b) These different methods still arrive at the same end result as shown above.  Note that depreciation is an accounting estimate which spreads the cost of an acquired long-term asset over its useful life.

5 0
2 years ago
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