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spayn [35]
3 years ago
10

___ Buyers and sellers entered into a contract for the sale of nuts. The usual route used the Suez Canal. Prior to shipment, a w

ar closed the canal. Because the freight charges would be so high by another route, the seller refused to ship. The buyer had to buy at a higher price elsewhere and sued the seller. At triala.The seller will win based on the doctrine of frustration of purpose.b.The buyer will win since this is just a risk of doing business.c.The seller will win because of res ipsa loquitur.d.The buyer will lose because problems with shipment by sea are an excuse for nonperformance.
Business
1 answer:
KiRa [710]3 years ago
5 0

Answer:

b.The buyer will win since this is just a risk of doing business.

Explanation:

In a general agreement or contract between a seller and the buyer both the parties are liable to perform some duties binding the contract.

In case any of the parties fail to perform such duties then that party is liable to make good to other party which did not default.

In the given case the buyer is in good health, it was because of the seller that the goods could not be delivered, and it was because of uncontrollable circumstances.

And that the seller is still liable because ultimately the goods could not be delivered.

Thus, the buyer shall stand to win the case against the seller.

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Which statement(s) is (are) TRUE? I. Technological knowledge refers to the physical capital that is used to make goods and servi
uranmaximum [27]

Answer:

Option 2 is only correct.

Explanation:

The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.

The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.

3 0
3 years ago
Top Sound International designs and sells high-end stereo equipment for auto and home use. Engineers notified management in Dece
Strike441 [17]

Answer:Yes it should be reported.

$2.8 million should be reported in the the balance sheet as a liability.

Explanation: Contingent liabilities are liabilities that depend on the outcome of an event that may likely not occur.

Before they can be reported in financial statement, it must be able to estimate the value of such contingent liability and the liability must have a higher than 50% possiblity of being achieved.

If the value can be estimated, then the liability has a higher chance of being realised.

Qualifying contingent liabilities such as the $2.8 million estimated by Top Sound International should be recorded in the income statement as an expense and a liability on the balance sheet.

Therefore the $2.8 million liability should be reported in its 2018 balance sheet

6 0
3 years ago
PLEASE PLEASE PLEASE HELP !!
valina [46]

Answer:

box 1 box 3 and box 5 try that of not im sorry

4 0
2 years ago
Mandy, an Adlerian group leader is helping group members to realize they have choices in their lives about which stimuli they pa
choli [55]

Answer:

Push button

Explanation:

Organisms respond to stimuli in order to survive in their given environment. It is the ability to adjust to different environmental factors that are beneficial or detrimental.

For example a worm reflexively crawls towards moisture or a dog salivating when it perceives food.

Push button shows a person that they have choices in their lives about which stimuli they pay attention to and remember.

4 0
3 years ago
A company uses the periodic inventory system and had the following activity during the current monthly period.
Alekssandra [29.7K]

Answer:

The answer is: $3,289

Explanation:

<u>Date</u>                 <u>Units </u>                 <u>Unit price</u>           <u>Inventory</u>      <u>Average cost</u>

Purchases

Nov. 1             103 units             $20 per unit        $2,060        $20 per unit              

Nov. 5            103 units             $22 per unit        $4,326         $21 per unit

Nov. 8            53 units               $23 per unit        $5,545        $21.41 per unit

<u>Nov. 19           30 units              $25 per unit        $6,295        $21.78 per unit</u>

TOTAL           289 units            $21.78 per unit    $6,295        $21.78 per unit

Sales

Nov. 16          -138 units            $21.78 per unit    $3,006       $21.78 per unit

Ending inventory

Nov. 30          151 units           $21.78 per unit    $3,289       $21.78 per unit

3 0
3 years ago
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