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Ronch [10]
3 years ago
11

Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank em

ails a signed electronic memorandum to a representative of Hardell Lumber Co. offering to sell the mature trees and rich topsoil to Hardell for lumber and agricultural purposes. The electronic memorandum includes the parties' typed names, the consideration, the price, and a description of the property, lumber, and soil. Hardell replies via email to Westbank that it accepts Westbank's terms, electronically signs the memorandum, and will start removing the trees and soil next month. Before Hardell can begin clearing the land, Westbank changes its mind, wants to keep the land forested, and prevents Hardell from accessing the property claiming no contract has been formed.Required:1. Does the electronic agreement for the sale of trees and soil fall under the statute of frauds? (YES / NO)2. An electronic memorandum (DOES/ DOES NOT) satisfy the writing requirements for the Statute of Frauds.3. Land is considered to be (REAL PROPERTY/ PERSONAL PROPERTY)4. The definition of land includes (NO/ SOME/ ALL) physical objects that are permanently attached to the property.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

Answer 1  

Yes, all the electronic forms of the transcribed agreement will be measured underneath the act of deceptions. These kinds of agreements are assumed comparable significance as in the circumstance of contract inscribed on the paper.

Answer 2

It “does” fulfill the obligation. As per the law of deceptions, all the electronic contract will be named corresponding to the inscribed agreements .

Answer 3  

Land is considered as the “real property” beside with all the possessions involved openly to it.

Answer 4  

“All” physical objects

However, land contain all the additional possessions involved to the land openly .

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New skills in self-honesty will help your study habits.
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2 years ago
Sport entertainment includes a variety of jobs and segments of the industry. Which of the following is a job type associated wit
Feliz [49]

Answer:

D) Event management, is the correct answer.

Explanation:

The sports events generates lots of income both for the sports organization and hotels, airports near the sporting event. Although the event appears to be fun it requires loads of hard work to organize big sporting events. The sporting event organizers make these events successful and plan every detail into preparing the team and facility for the game. Sporting event planners work at different levels of from college games to professional matches.

6 0
2 years ago
Buyers Sam and Linda Pope are entering into a contract with sellers, Jim and Alana Jones in which part of the sale price of the
Alina [70]

Answer:

d) Installment sales contract

Explanation:

A contract is described as an agreement between two or more parties commits to undertakes specific obligations.  In a sale contract, the buyer and seller agree to the exchange or foods or services for a consideration called price.

An installment sale contract is an agreement that allows the buyer to make payment for the goods or services over time. Once an agreement has bee reached, the buyer takes possession of products and is free to use them. The buyer makes regular payments for the goods (installments) and will claim ownership upon completing payments. An installment sale contract is a form of credit sale.

8 0
3 years ago
"If the top two companies in the golf club industry merged, their new market share would equal 15% of the market. This industry'
Yakvenalex [24]

Answer:

Yes, the FTC would ignore the merger and allow it to go through.

Explanation:

here are the options to the question ;

O No, the FTC would probably challenge the merger

O Maybe. The FTC would scrutinize the merger and make a case-by-case decislon.

Yes, the FTC would ignore the merger and allow it to go through.

HHI is used to calculate market power.

if the HHI index is less than 1000 post merger, the merger would be allowed to go through.

If the HHI index is between 1000 - 1800 post merger and the change in HHI is more than 100 after the merger, The FTC would scrutinize the merger and make a case-by-case decislon.

If the HHI index is more than 1800 post merger and the change in HHI is more than or equal to 50, he FTC would probably challenge the merger

4 0
3 years ago
Suppose that $2500 is placed in a savings account at an annual rate of 5%, compounded quarterly. Assuming that no withdrawals ar
babymother [125]

Answer:

number of periods = 8 years.

Explanation:

We know,

Future Value = Present value × (1 + r)^{n}

Here,

Present value = PV = $2,500

Future value = FV = $3,500

Interest rate (Compounding) = 5% = 0.05

We have to determine how many years (Periods) it will take, n = ?

Putting the values into the above formula,

$3,500 = $2,500 × (1 + 0.05)^{n}

or, (1 + 0.05)^{n} = $3,500 ÷ $2,500

or, n log 1.05 = 1.4

or, n × 0.17609 = 1.4

or, n =  1.4 ÷ 0.17609

Therefore, number of years = 7.95 or 8 years.

5 0
3 years ago
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