1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Daniel [21]
3 years ago
7

Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J

ulius can't afford her boat anyway. Rachel says, "I'd sell my boat to you for $20,000." To Rachel's surprise, Julius responds "Ok, it's a deal." Rachel does not want to sell the boat to Julius for any price. Julius and Rachel have:
a. not formed a valid contract because of lack of definiteness in the contract terms.
b. not formed a valid contract because Rachel did not want to sell the boat for any price.
c. formed a valid contract because Rachel's outward expressions showed the formation of a contract.
d. formed a valid contract because Julius expressed outward interest in the boat
Business
1 answer:
posledela3 years ago
3 0

Answer:

I believe the correct answer is c

Explanation:

You might be interested in
If the equilibrium price of avocados is $4 and the government issues a price ceiling of $4.50, what is likely to happen in the m
Marat540 [252]

Answer:

A surplus of avocados will result from the price ceiling.

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

A price ceiling is binding when it is set below equilibrium price.

The price ceiling ($4.50) is less than the equilibrium price ($4) of avocados. As a result, surplus would increase. The supply of avocados would exceed the demand because price ceiling is above equilibrium price

6 0
3 years ago
Here is the accounting equation for Sam's auto parts $18,000= $12,000 +$6,000 The owner withdrew $1,500 for personal use. Write
Eva8 [605]

Answer:

$18000=$12000+$4500

5 0
3 years ago
Fred contributes cash of $350,000 to Strumble Partnership for his 50% interest in the partnership. For his 50% interest Gary con
n200080 [17]

Answer:

Gary's Basis in the partnership interest is $155,000

Explanation:

Particulars                                                                                Amount ($)

Adjusted Basis Of Land                                                          250000

Mortage*Share In Percentage ($200000*50%)                    (100000)

Additional Borrowing*Share In Percentage ($50000*50%)   (25000)

#Difference*Share In Percentage ($100000-$40000)*50%     30000

          Basis                                                                                    155000

Difference:

Net Income                                                                                   100000

Distribution Of Each Partner*2 ($20000*2)                                   (40000)

8 0
3 years ago
The priority of the product in agile is more significant than in traditional project management, as the outcome, or product, wil
larisa [96]

Answer and Explanation:

True

3 0
3 years ago
Which of the following factors drive the need for data warehousing?
Aleksandr [31]

Answer:

A.Informational data must be kept together with operational data.

Explanation:

  • The data warehousing is an important system of business intelligence that is designed to integrate data into the one single place and is then uploaded from the operational systems such as marketing and sales, and has to pass through the data cleansing and depends on the use of the ETL tools to store the data that is transformed.  
  • It has certain benefits like the Integrate data from multiple sources, mitigate the problem of the database isolation, improved data quality, and make the decision support queries easier to handle.
5 0
3 years ago
Other questions:
  • Eccles Inc., a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 30%. Eccles uses $500,000 of 12.0%
    9·1 answer
  • What schooling do you need to be a preschool teacher
    14·2 answers
  • Which of the following is correct?
    7·1 answer
  • Pat and Gerard met each other for the first time in a business meeting. As a conversation starter, they shared factual and stati
    7·1 answer
  • OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeMart estimates that 25% of monthly sales are to cash
    6·1 answer
  • Simple interest is paid only on the .
    10·2 answers
  • GiftBasket has successfully created a higher perceived value in the e-commerce industry, though it offers the same products at s
    14·1 answer
  • What is CUSTOMER VALUE? How it can be created? Discuss.
    13·1 answer
  • Suppose the demand function for good X is given by: Q_dx = 15-0 5P_x - 0.8 P y where Q_dx is the quantity demanded of good X, P_
    14·1 answer
  • Read the chart. In 2017, the government spent the least amount of money on which discretionary spending category
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!