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pogonyaev
3 years ago
6

After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100. The

next day, Kira offered the $100 to Charlotte and requested the return of her necklace. Charlotte refused to accept the $100 or return the necklace, claiming that there was a valid contract of sale. Kira explained that she had been intoxicated at the time the bargain was made and thus the contract was voidable at her option. Was Kira correct? Explain
Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

Answer:

The contract was voidable at her option.

Explanation:

The contract was voidable at her option, this is voidable as well as she have a prove that really shows that she was really intoxicated when the Charlotte a diamond necklace worth thousands of dollars for just $100 was sold and the terms and conditions want understood by her at that time. Then with that Charlotte can return of her necklace.

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When julia goes to the first class of her operations management course, she finds out that in addition to the textbook she alrea
Vedmedyk [2.9K]
<span>She is at the problem recognition stage. In this stage, the buyer recognizes that there is a deficit between what they have and what they are looking to purchase. The state they are in is less than (or substandard to) the state or item they desire to have.</span>
8 0
3 years ago
​Timothy's gross pay for this month is​ $8,950. His gross​ year-to-date pay, prior to this​ month, totaled​ $110,500. What is th
const2013 [10]

Answer:

The amount of FICA tax withheld is $532.78

Explanation:

Earnings subject to tax = $117,000

Earnings for current month = $110,500

Therefore, the money subject to tax = Earnings subject to tax - Earnings for current month = $117,000 - $110,500 = $6500

Gross pay for current month =​ $8,950

Tax rate OASDI =  OASDI rate × money subject to tax = 6.2% × $6500 = 0.062 × $6500 = $403

Tax rate Medicare = Gross pay for current month  × Medicare rate = $8950 × 1.45% = $8950 × 0.0145 = $129.775

The amount of FICA tax withheld = Tax rate OASDI + Tax rate Medicare =  $403 + $129.775 = $532.78

The amount of FICA tax withheld is $532.78

5 0
3 years ago
Which are options for filtering specific categories in a record? Check all that apply.
baherus [9]

Answer:

placing cursor on desired data and clicking "Filter by selection"

right-clicking and choosing "Sort A to Z"

Explanation:

The data can be filtered according to user requirements. There are several options to sort and filter data. The user can filter data according to different groups. He can sort the data according to ascending and descending.

8 0
3 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 million bottles of wine were sold ev
AysviL [449]

Answer:

$3

$2

$1

False

Explanation:

The burden of tax refers to who pays the tax between the buyer and the seller.

More burden of tax usually falls to the party with the more inelastic demand because the quantity demanded would not change despite the increase in price as a result of the tax.

To find the amount of tax per bottle = price of wine - amount received by producers = $6 - $3 = $3

The amount paid by consumers = price after tax - price before tax = $6 - $4 = $2

Amount received by sellers = tax- amount paid by consumers = $3 - $2 = $1

It can be seen that consumers bear a higher burden of tax because they pay the greater tax. This means they have an inelastic demand.

If the tax had been levied on producers, the effect on quantity demanded would have been greater because producers have a more less elastic supply when compared to consumers .

I hope my answer helps you

7 0
4 years ago
Read 2 more answers
One strategy for managers to increase capacity by creating flexibility involves the?
spayn [35]

Answer:

of labor

Explanation:

situations where people are coerced to work for little or no remuneration, often under threat of punishment

3 0
2 years ago
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