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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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A(n) ________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not suf
Naddika [18.5K]

Answer:

Targeted Repurchase

Explanation:

According to my research on the Stock Market, I can say that based on the information provided within the question this situation can cause a Targeted Repurchase to occur. This is when the target firm purchases back its own stock from a hostile bidder, usually at a much higher price than what is currently offered as market value.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Standlar Company makes wireless speakers. The standard model price is $360 and variable expenses are $210. The deluxe model pric
bija089 [108]

Answer:

The overall Sales revenue at break even is $515995.872

Explanation:

The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.

The formula for composite or overall break even in dollars is,

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.

The total sales mix is = 8 + 4 + 1  = 13

Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13  +  

((500 - 300) / 500) * 4/13  +  ((1600 - 600) / 1600) * 1/13     =   0.5814 or 58.14%

Break even in dollars = 300000  /  0.5814  

Break even in dollars = $515995.872

If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio

3 0
3 years ago
Which of the following is true when developing a brand?
Serga [27]

Make sure the brand conveys what is <em>unique </em>about your company.

If you don't focus on the customer or make your product/brand unique you won't stand out in the marketplace and customers will not want to choose your product.

7 0
3 years ago
Read 2 more answers
An increase in the price of poultry would lead to__________
elixir [45]

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

6 0
3 years ago
The income received by a country's people from all sources in a given time period
AfilCa [17]

The correct answer is personal income.

A country’s personal income is the amount of income received by all of the country’s people in a given time period.

7 0
3 years ago
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