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alina1380 [7]
4 years ago
13

Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w

ant to sell the lamp to Oleta. In this scenario, Oleta: Select one: a. cannot get any remedy because the lamp is not a generic product. b. can claim exemplary damages. c. can require Jim to specifically perform the contract. d. can sue Jim for an unfair and deceptive trade practice.
Business
1 answer:
Aloiza [94]4 years ago
4 0

Answer:

c. can require Jim to specifically perform the contract.

Explanation:

Specific performance is a remedy used in contract law by which the non-breaching party requires a court to order that the breaching party fulfills the performance included in a valid contract.

In this case, Oleta can request a court order that forces Jim to sell the lava lamp to her at the price specified in the contract.  

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Welfare analysis: Basic conceptsIdentify whether each of the following statements best illustrates the concept of consumer surpl
STALIN [3.7K]

Answer:

Producer surplus

Neither

Consumer surplus

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of the good and the least price the seller is willing to sell his product.

1. Price = $149

least price seller was willing to sell his laptop = $140.

Hence it's producer surplus.

2. Price = $59

there's no information on the least price the seller was willing to sell or the highest amount the buyer was willing to buy.

hence it's neither producer or consumer surplus

3. Price = $39

highest amount buyer was willing to buy = $46

Hence, it's consumer surplus

I hope my answer helps you

3 0
4 years ago
General Importers announced that it will pay a dividend of $3.30 per share one year from today. After that, the company expects
masha68 [24]

Answer:

$9.40

Explanation:

First we have to calculate the future value of the stock when it starts to pay the $1.40 using the perpetuity formula:

stock price in 7 years = $1.40 / 10.7% = $13.08

Now we have to find the present value of both next year's dividend and the perpetuity:

stock price = ($3.30 / 1.107) + ($13.08 / 1.107⁷) = $2.98 + $6.42 = $9.40

3 0
3 years ago
What items are found in the MICR line on a check?
storchak [24]

The correct answer is the routing number, checking account number and check number.

There are three items found on the MICR line of a check. These items are the bank routing number (also called the ABA number), the checking account number and the check number. This is also the order that these numbers are found on a personal check.

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3 years ago
Programming languages used to create artificial intelligence and expert system applications are often called _____
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<span>Programming languages used to create artificial intelligence and expert system applications are often called fifth generation languages. This programming language works by solving using the restrictions given to the program unlike the conventional method of using an algorithm developed by a programmer.</span>
8 0
3 years ago
A person who has downloaded the Flipboard app on his or her smartphone to get full-screen magazines, multiple news and entertain
My name is Ann [436]

Based on the provided information, the motivation for using a mobile application is socializing.

<h3>What is a Mobile app?</h3>

Mobile app can be regarded as computer program that is been run on mobile tablet for various purposes.

Therefore, Flipboard app on his or her smartphone to get full-screen magazines, multiple news serves a social propose.

Learn more about Mobile app at;

brainly.com/question/917245

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2 years ago
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