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lilavasa [31]
3 years ago
11

Alexander has been accepted as a freshman at a college two hundred miles from his home for the fall semester. Alexander's wealth

y uncle, Michael, decides to give Alexander a car for Christmas. In November, Michael makes a contract with Jackson Auto Sales to purchase a new car for $18,000 to be delivered to Alexander just before the Christmas holidays, in mid-December. The title to the car is to be in Alexander's name. Michael pays the full purchase price, calls Alexander and tells him about the gift, and takes off for a six-month vacation in Europe. Is Alexander an intended third party beneficiary of the contract between Michael and Jackson Auto Sales
Business
1 answer:
irga5000 [103]3 years ago
3 0

Answer:

Yes.  

Alexander is an intended third party beneficiary of the contract between Michael and Jackson Auto Sales.

Explanation:

In the law of contracts, Alexander becomes a third-party beneficiary of the contract between Michael and Jackson Auto Sales, and he has the right to sue in the contract notwithstanding that he was not an active party to the contract.  Some of the factors that may be present to show that a Alexander is an intended beneficiary are: (1) the contract's performance is rendered directly to Alexander; (2) Alexander has rights to control the details of the performance; or (3) there is an express designation in the contract, e.g. the title to the car is in Alexander's name.

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Paradigm Media is a company run by a group of new media professionals. The owners of the company do not have any personal liabil
aksik [14]

Answer:

Limited liability partnership (LLP) / limited liability company (LLC)

Explanation:

Limited liability partnership and limited liability companies work very similarly and their main characteristics are:

  1. they are separate legal entities, this means that their owners are separate from them.
  2. since they are separate legal entities, the owners have limited liability
  3. they are not taxed directly, they act as pass through entities and their owner's pay income taxes
  4. they both need to be incorporated by the state government as distinct legal entities

5 0
3 years ago
The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of ele
Kruka [31]

Answer:

Results are below.

Explanation:

Giving the following information:

January $2,650 200

February 3,100 320

March 3,570 450

April 4,750 695

May 3,160 500

June 4,910 750

July 4,130 630

August 3,810 580

September 5,060 680

October 4,390 610

November 3,290 320

December 8,920 770

<u>To calculate the variable and fixed components using the high-low method, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,920 - 2,650) / (770 - 200)

Variable cost per unit= $11

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 8,920 - (11*770)

Fixed costs= $450

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,650 - (11*200)

Fixed costs= $450

<u>Now, the total cost if the machine hours equals 450:</u>

Total cost= 11*450 + 450= $5,400

<u>Finally, 750 hours:</u>

Total cost= 11*750 + 450= $8,700

6 0
3 years ago
Question 7 of 10
zzz [600]

Answer:

The answer is B..........

8 0
2 years ago
The economy's self-correcting mechanism (market forces) a. tends to push unemployment toward a specific point called the natural
lisabon 2012 [21]

Answer:

b. works better at correcting inflationary gaps than recessionary gaps.

Explanation:

The self correcting mechanism is a automatic process in which the aggregate market eliminates an inflationary gap created by a short-run equilibrium that is greater than full employment through increases in wages and other resource prices.

8 0
3 years ago
Frank lives in an area that experiences frequent thunderstorms. What precautionary measures should he adopt?
Alisiya [41]

Answer:

There are different precautionary measures Frank can adopt. They are:

Explanation:

1. Frank should have outdoor furniture made of concrete instead of metal.

A strike of thunder on a metal surface will propel an electric shock.

2. Frank should pay good or regular attention to the weather forecasts.

He should have a handy device such as a small radio, which will keep him abreast of important happenings in the area.

3. Frank should take cover once a stroke of lightning appears in the sky.

The field of Physics lets us to know that light travels faster than sound and that the moment lightning appears in the sky, expect thunder roaring about 8 seconds after.

4. Frank should get used to or always wear covered shoes, to protect him from the electric charge that is created between a thunderstorm and a wet ground. Gloves could also do, for the hands.

5. Frank should structure his movements and road trips such that he accounts for some time that'll be used to wait for thunderstorms to pass; since it's unsafe to drive while the storms are roaring.

This will help him be on time to events and meetings.

6. Frank should avoid leaning on walls which have metal wires or bars across them, especially when lightning appears.

7. Frank should avoid anything wet, during a thunderstorm. This precaution should be taken even while indoors.

8. In the event that frank gets caught outdoors or in the open when a thunderstorm occurs, he should stoop and let only his feet have contact with the ground.

3 0
3 years ago
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