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
zubka84 [21]
3 years ago
12

On september i5, preet wrote to lila as follows: "i offer to sell you blackacre for $300,000, all cash, closing on november i. P

lease advise as soon as possible. (signed) preet." on october i, lila mailed her acceptance to preet, unaware that preet had died on september 30 when lila learned of preet's death, on october 5, lila insisted that the estate of preet nevertheless deliver the deed to blackacre in exchange for lila's certified $200,000 check. Xavier, the executor of preet's estate, refused to do so.
Business
1 answer:
Gnesinka [82]3 years ago
8 0

Answer:

The contract wasn't formed because of closing of offer due to closing of offeree.

Explanation:

The offeree can only accept the offer if:

1. The Offer is not closed.

2. The offerer is alive.

3. No offerer qualifies age limit.

4. The Offered is in senses which means he is not drunk or suffering from mental illness that affects thinking of what is right or wrong for him.

Clearly from the above conditions the condition 2 is not satisfied here because offerer died before the acceptance of offer. Hence the contract was not formed and Executor did right by refusing to deliver the deed to black-acre in exchange for money.

You might be interested in
Rachael’s Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs
netineya [11]

Answer:

a. Advertising costs relative to the number of customers for a particular restaurant.   [Fixed]

b. Rental costs relative to the number of restaurants.  [Variable]

c. Cooks salaries at a particular location relative to the number of customers.          [Fixed]

d. Cost of supplies (cups, plates, spoons, etc.) relative to the number of customers.  [Variable]

e. Manager's compensation relative to the number of customers.  [Mixed]

f. Servers' salaries relative to the number of restaurants.  [Variable]

Explanation:

8 0
3 years ago
"refer to your way, inc. what type of products is sold at your way?"
hjlf
Your way, inc is a furniture store located in Dallas, Texas, United States, it makes unique and fine pieces of furnitures, they also repair and recover them. 
4 0
3 years ago
A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful disp
ch4aika [34]

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful display of the data from this study would be <u>a scatterplot</u>

<u></u>

Using Cartesian coordinates, a scatterplot is a form of plot or mathematical diagram that shows values for typically two variables for a set of data. An additional variable can be shown if the points are color-, shape-, or size-coded.

When one continuous variable is under the experimenter's control and the other depends on it or when both continuous variables are independent, a scatterplot can be utilized. The data are shown as a series of points, with each point's value dictating its position on the horizontal axis and its value dictating its position on the vertical axis.

<u></u>

To know more about scatterplot

brainly.com/question/25280625

#SPJ4

8 0
1 year ago
In a period of rising prices, the inventory method which tends to give the highest reported net income is:
Blizzard [7]

Answer:

b. first-in, first-out.

Explanation:

Generally, there are three methods for estimating the inventory shown below:

1. First-in-first, the company is selling the old products in this way than the new ones, which means first selling the old products and then selling the new ones

2. Weighted average method: Weighted cost is measured by considering the total revenue and total purchase

3. Last-in-first-out: Contrary to the first-in-first-out process, the first sale of new goods, then selling of old goods.

4. Base stock: The process by which the orders of the consumer are fulfilled by holding the less inventory

In the FIFO method, the highest ended inventory results in the lower cost of goods sold at the highest net profits.

7 0
3 years ago
Which statement BEST describes costs typically associated with policies for auto, health, and property insurance?
Ahat [919]

The answer is: A) As deductibles decrease, policy costs tend to increase.

Deductibles refers to the amount of money that the insured had to pay before receiving benefit from the insurance company. If you sign a contract with lower deductibles, the amount of money usually would be allocated to the policy cost that you have to pay each months.

6 0
3 years ago
Read 2 more answers
Other questions:
  • "Suppose you are the owner of a small t-shirt printing business. While conducting a cost analysis of your business, you find tha
    6·2 answers
  • How many servings of coke are there per day
    11·1 answer
  • The management of Trowel Works, an agricultural equipment company, is conducting a strengths, weaknesses, opportunities, and thr
    9·2 answers
  • When does perfect competition achieve​ efficiency? Perfect competition achieves efficiency if​ _______.
    8·1 answer
  • Piedmont Hotels is an all-equity firm with 48,000 shares of stock outstanding. The stock has a beta of 1.19 and a standard devia
    8·1 answer
  • What is a subsidy wedge? the combined reduction in consumer surplus and producer surplus that results from a subsidy the amount
    14·1 answer
  • Given the following information regarding an income producing property, determine the internal rate of return (IRR) using levere
    9·1 answer
  • The primary goals of inventory managers are to maintain a sufficient quantity of inventory to meet customers' needs, ensure inve
    11·1 answer
  • Ford's mass-production method on a moving line was called a(n)_____. A. Model T B. Ford Motor Company C. assembly line D. Willow
    12·2 answers
  • State the purpose of assets​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!