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
o-na [289]
3 years ago
9

At age 17, in a state in which the age of majority is 18, Sally purchased a prom dress from Formal Stuff. She wore it to the pro

m and then attempted to return it to the store claiming that she was a minor and that she was entitled to a refund. The dress had clearly been worn and had a purple stain that Sally claimed was from grape juice. Additionally, a few days before she turned 18, Sally purchased a used car from Dings and Dents used cars. She had a deal whereby she paid $100 per month on the car. She drove the car and made payments for fourteen months after she turned 18. Then, she returned the car to Dings and Dents and told them that she wanted all her money back. Dings and Dents claimed the car was a necessity. Sally and her parents claimed that the parents were ready and willing to provide a car to Sally and that she only purchased the car from Dings and Dents because she liked that particular style and color. When purchases of the dress and car were made, the sellers knew that Sally was under the age of 18. In the dispute between Sally and the owner of Dings and Dents, which of the following is true regarding any claim that Sally affirmed the contract?
a. So long as, after reaching the age of majority, Sally did not state orally or in writing that she intended to be bound by the contract, then she did not commit an express ratification.
b. Sally was required to expressly ratify the contract before she could be bound to it.
c. An implied ratification occurs when parents agree to accept the debt entered into by a minor.
d. If Sally caused any damage whatsoever to the car, she was said to have impliedly ratified the contract.
e. Sally was required to expressly ratify the contract before she could be bound to it so long as no damage was done; but if she did any damage to the car, as a matter of law, she is said to have expressly ratified it.
Business
1 answer:
KonstantinChe [14]3 years ago
5 0

Answer:

a. So long as, after reaching the age of majority, Sally did not state orally or in writing that she intended to be bound by the contract, then she did not commit an express ratification.

Explanation:

Express ratification is a direct affirmation from a certain person that can be used to confirm a set of criteria needed to enter a certain contract/agreement.

In the case above, the sellers know that Sally was under the age of 18.

This mean that they're aware that at the time of the purchase, Sally was not legally capable to be binded by a contractual agreement. This mean that Sally can basically void all of the contract made with those sellers.

One exception exist under such circumstances.

Sellers can still make contract with underage people as long as that underage people promise to fulfill their end of the contract by the time they reach legal age.

But in the case above, Sally made none of such promise both orally or in writing. This mean she's not bounded by express ratification that legally require her to fulfill the contract she made when she's underage.

You might be interested in
Sarah was in a meeting where various vendors were being considered. She noticed that one of the vendors had a history of mistrea
Papessa [141]

Answer:

C. role relativism

Explanation:

In this relativism the moral fits to the goals of the company so its adjusted to gain the goals set inside the firm regardless personal views.

6 0
3 years ago
Read 2 more answers
Employees may be required to sign, as a condition of employment, an agreement that they will not leave the company and go to wor
Fittoniya [83]

Answer:

Option "A" is the correct answer to the following question.

Explanation:

A non compete agreement is a type of deal under which an employee signs a document that states that the employee will neither leave the company nor join any of the companies or businesses Which can harm its employer in the competitive market. Such an agreement is made a non-compete agreement.

Such legal arrangements prohibit workers from joining industries or occupations which are considered directly competitive with the employer.

6 0
3 years ago
Consider jimmy choo designer shoes. jimmy choo faces many competitors, while in another way jimmy choo faces no competitors. thi
Leno4ka [110]
The contradiction can be explained by the substitutability between Jimmy Choo shoes and other shoes. 
Substitutability is the ability of goods or services to be replaced by another good or services to be replaced by another good or service in use or consumption. Substitute goods are goods which, as a result of changed conditions, may replace each other in use. For example in this case, jimmy choo faces other competitors who have substitute shoes.
3 0
3 years ago
Which two pathways most involve being able to handle rejection?
Elanso [62]

Answer:

The second

Explanation:

Professional sales involves acts of convincing businesses or individual consumers to purchase your product or service. Merchandising relates to an attempt of getting products in the hands of customers and includes forecasting, planning, buying, displaying, selling and providing customer service. They are both part of Marketing, Sales and Services pathway.

6 0
3 years ago
Read 2 more answers
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invent
weqwewe [10]

Answer:  $57,000

Explanation:

Given that,

Beginning finished goods inventory in units = 0

Units produced = 7,000

Units sold = 5,100

Sales = $663,000

Materials cost = $140,000

Variable conversion cost used = $70,000

Fixed manufacturing cost = $490,000

Indirect operating costs (fixed) = $102,000

Total Variable cost of units produced = Materials cost + Variable conversion cost used

                                                               = $140,000 + $70,000

                                                               = $210,000

Variable\ cost\ per\ unit = \frac{Total\ variable\ cost}{units\ produced}

                                               =\frac{210,000}{7,000}

                                               = $30

Units in ending inventory = Units produced - Units sold

                                          = 7,000 - 5,100

                                          = 1,900

Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit

                                                                        = 1,900 × $30

                                                                        = $57,000

5 0
3 years ago
Other questions:
  • A firm sells two products, Regular and Ultra. For every unit of Regular the firm sells, two units of Ultra are sold. The firm's
    6·1 answer
  • The major difference between the producer price index and the consumer price index is that the produce price index _____ and the
    8·1 answer
  • Robert Jonas is in charge of a new marketing effort directed toward Peru. In order for his company to effectively market and dis
    10·1 answer
  • accountant for Huckleberry... The accountant for Huckleberry Company is preparing the company's statement of cash flows for the
    9·1 answer
  • The purpose of a production possibilities curve is to show the __________ between the production of two things.
    11·2 answers
  • On April 1, 2014, Prince Company assigns $500,000 of its accounts receivable to the Third National Bank as collateral for a $300
    9·1 answer
  • Assuming that a marketing research study will answer important questions and reduce uncertainty associated with the proposed pro
    5·1 answer
  • When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the price to $0.50 and sold 200 cook
    6·1 answer
  • The ability to conduct financial transactions through a smartphone is known as _____.
    9·2 answers
  • Which elements do you think need to go in a fire prevention plan?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!