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gavmur [86]
2 years ago
13

The Hutch Fashions sends out its spring and summer catalog to Liz. Liz falls in love with the cute dress featured on the front c

over of the catalog. When Liz calls to order the dress, she is informed that the company has sold out of the dress. Liz is upset and claims that the store is in breach of contract. She argues that the catalog presented an offer, which she accepted when she called to order the dress. Is CindyLiz correct? Why/why not?
Business
2 answers:
Ede4ka [16]2 years ago
8 0

Cindyliz is wrong in this situation

Both Cindyliz and The Hutch Fashions did not signed any contract that specify the obligation that The Hutch Fashions need to sell  a certain type of product to Cindyliz. She just obtained a summer catalogue, not a purchase order.  A catalogue only filled with list of product information that company sold.

Digiron [165]2 years ago
3 0

Answer: NO. a Contract of sale is valid when two parties reach an agreement and all essentials of a valid contract have been met, CIndyLiz calling the store that is when she and the store were trying to reach an agreement, which didnot happen

Explanation:

a contract of sale is valid when two parties enter into an agreement and all essentials of a valid contract have been met, CIndyLiz calling the store that is when she and the store were trying to enter into an agreement, which did not happen because the dress is out of stock. A catalog does not amount to an agreement with Cindyliz or anyone.

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In a centralized organization, policies and procedures are usually _____.
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3 years ago
Keeping your ___ and ___in mind will dictate what you say and how you say it.
shusha [124]

Answer:

Audience and purpose.

Hopefully this helps! :)

8 0
2 years ago
Assume that an industry that began as a perfectly competitive industry becomes a monopoly. Compared to when the industry was per
Wittaler [7]

Answer:

Charge a higher price and produce less output

Explanation:

A monopolistic markets imeans that there is the absence of other suppliers of the same product or service, making them the sole market of the product or service. This can make them charge a premium to their customers. Consumers have no alternatives of options  and are forced to pay the price for the goods dictated by the monopolist. ITherd is a tendency for the monopolist to make prices high high prices, it may not necessarily be a monopolistic behavior.

A monopolistic market can restricts output to raise the price leading to less production, which reduces total real social income.

5 0
3 years ago
​enrique borrowed $3600 to put a down payment on a motorcycle. the loan had a simple interest rate of 8% for 2 years. use the fo
Rudik [331]

Answer:

The amount of interest is $576.

Step by step explanation :

Given : ​Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had a simple interest rate of 8% for 2 years.

To find : The amount of interest he will pay on the loan.

Solution : Using the formula,

I=P\times R\times T

Where, I= Interest , P=principal , R= rate, T=time in years

We have given that :

P=$3600

R=8%=0.08

T=2 years

Substitute value in the formula to find interest,

I=P\times R\times T

I=3600\times 0.08\times 2

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6 0
3 years ago
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Answer:

d. $720,000 asset.

Explanation:

At 2014 David Company reported a loss for 2,400,000 which, for taxes purposes wasn't recognized.

Thus, there is a temporary diffrence in favor of the company,

as is paying more income tax today (the 2,400,000 loss is not recognzied thus, more income taxes are being paid)

and then, will pay less than the accounting net income (latter will pay taxes including this loss, thus less income tax)

This is a deffered income tax asset for: 2,400,000 x 30% = 720,000

tax deffered(assets) 720,000 debit

income tax expense  60,000 debit

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8 0
3 years ago
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