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Ksivusya [100]
3 years ago
14

On April 6, Apple entered into a signed contract with Bean, by which Apple was to sell Bean an antique automobile having a fair

market value of $150,000, for $75,000. Apple believed the auto was worth only $75,000. Unknown to either party the auto had been destroyed by fire on April 4. If Bean sues Apple for breach of contract, Apple's best defense is
a. unconscionability
b. risk of loss had passed to bean
c. lack of adequate consideration
d. mutual mistake
Business
1 answer:
andrew-mc [135]3 years ago
8 0

Answer:

D. mutual mistake

Explanation:

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An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?
Softa [21]
This means that the original price is 60%, which we will use to calculate it.
299 (the discounted price) : x (the original price) = 60 % : 100 %
60x = 299 * 100
60x = 29900
x = 29900 / 60
<u>x = 498.33
</u>
<u />The cost of the Ipod is $498.33<u>
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4 0
3 years ago
Read 2 more answers
The recession of 20072009 made many consumers pessimistic about their future incomes. how does this increased pessimism affect t
Arisa [49]

The increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.

<h3>What is Aggregate Demand Curve?</h3>

An aggregate demand curve can be described as curve that shows the total spending that is made on domestic goods and services based on different price levels.

When the aggregate demand curve shifts to the right, it means demand is increased. However, wen aggregate demand curve shifts to the left, it means demand decrease.

Recession that happened in 2007-2009 that made many consumers pessimistic about their future incomes discourages buying. This leads to a decrease in demand which will make the aggregate demand curve to shift to the left.

Therefore, the increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.

Learn more about aggregate demand curve on:

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4 0
2 years ago
________ play an important role in efficiently making products available to target markets in the needed varieties and quantitie
avanturin [10]

Answer:

Intermediaries

Explanation:

Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.

Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.

Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.

8 0
4 years ago
In a market economy, why must the government play a primary role in dealing with pollution, vaccinations, and medical research
stealth61 [152]

Answer:

Explanation:

The government needs to be on top of these situations because each of these factors plays a huge role in the wellness and size of a population. A market economy needs a certain healthy and large population in order to function correctly. The population needs to produce the products and services while at the same time purchasing those products and services from one another in order for the market cycle to function. If such factors as disease and pollution make people sick it will severely cripple the market economy.

4 0
3 years ago
Tariffs are a tax placed on ✔ imported goods.
xxTIMURxx [149]

Answer:

Imported, an advantage, more.

Explanation:

  • This is done to discourage the use of foreign items and use of domestically made products. This helps the domestic companies to get their advantage in profit and sales. Thereby making the imported goods more expensive and discourages their use.
6 0
3 years ago
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