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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:

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Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
denis23 [38]

Answer:

The answer is: $4,522

Explanation:

Since Stanford doesn't operate in the restaurant business and doesn't buy the restaurant, he cannot deduct any amount for investigation costs relating to the restaurant.

Stanford doesn't operate in the bakery business but he bought the bakery, so he can deduct up to $5,000 (before amortization) for investigation costs related to the bakery. But those $5,000 are reduced by every dollar he spent over $50,000, so he can only deduct $4,000 [= $5,000 - ($51,000 - $50,000)].

The remaining $47,000 (= $51,000 - $4,000) can be amortized over 180 months, which equals $261 per month (= $47,000 / 180 months).

Since he bought the restaurant in November, he can deduct two months: $261 per month x 2 months = $522

So his total deduction for investigation expenses is = $4,000 + $522 = $4,522

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2 years ago
In your budgeting process, when should you look at
saw5 [17]

Answer:

i'm assuming recurring expenses are necessities so those would always come first, things you need on top of your regular expenses would come next and any wants you have would come last. "entertainment expenses" would be lumped in with your "wants"  

Explanation:

3 0
3 years ago
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He says that Isaiah needs to research the cost of building the app. How many developers will they need? Freelance app developers
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19

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Last month, Vern’s Assembly Department had a unit materials cost of $4.00 and a unit conversion cost of $5.00. The department tr
Mamont248 [21]

Answer:

The total cost of the department’s ending work in process inventory is $684,000

Explanation:

The computation of the total cost is shown below:

= Material cost + conversion cost

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Material cost = (Transferred units + ending work in progress) × material cost per unit

= (68,000 units + 12,000 units) × $4

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Now put these values to the above formula  

So, the value would equal to

= $32,000 + $364,000

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