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marysya [2.9K]
2 years ago
10

Avent, Inc. is a real estate investment company located in Boston, Massachusetts. Avent was approached by a property owner in No

rth Carolina, Eve, who owned a 50 acre parcel of land near a major highway. Avent’s research of the land records indicated that the land could be subdivided into smaller parcels for single family homes. After Eve and Avent, Inc. entered into a written contract of sale for the land, the local county passed an ordinance that prevented the issuance of a permit to subdivide real property that was less than 75 acres in total. Which of the following is true about the agreement between Avent and Eve?
a.
The agreement is unenforceable because of the statute of frauds.
b.
The agreement is unenforceable under the doctrine of impossibility.
c.
The agreement will be enforced as written, except that Avent is free to pay less for the land.
d.
The agreement will be enforced as written.
Business
1 answer:
Artemon [7]2 years ago
4 0

The statement that is true here is:

b.

The agreement is unenforceable under the doctrine of impossibility.

Explanation:

This is a murky situation in terms of the law because the law itself changes after the contract is drawn up.

We can see how in a situation like this the old rule could still apply however that cannot be the case here as the permit to draw up the land simply cannot pass government sanction anymore.

If the act was possible it would only be if it was to be done in Independence.

Now that a specific law outlaws it, the work becomes impossible and the contract is not valid anymore.

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For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decima
olya-2409 [2.1K]

Answer:

Explanation:

Present Value     Years   Interest Rate   Future Value

      PV                     n                   r                  FV

1.  $10,681              10                6%            $19,128

2. $35,157              2                 11%            $43,317

3. $129,107            14                14%            $808,382

4. $65,293            19                13%            $665,816

Present value of future cash flow will be calculated by using discount formula which is as follow:

PV = FV / ( 1 + r ) ^n

1.  PV = $19,128 / ( 1 + 0.06 )^10 = $10,681

2. PV = $43,317 / ( 1 + 0.11 )^2 = $35,157

3. PV = $808,382 / ( 1 + 0.14 ) ^14 = $129,107

4. PV = $665,816 / ( 1 + 0.13 ) ^19 = $65,293

4 0
3 years ago
If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing
Vsevolod [243]

Answer:

C. Business process improvement.

Explanation:

Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.

Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.

A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.

Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.

This is the right answer.

Hope that helps.

6 0
3 years ago
A specific purpose statement is one of the first tools you can use to develop your speech. You will develop your specific purpos
Pavel [41]
Age is the answer for the question
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3 years ago
Read 2 more answers
Which scenario best demonstrates the function of money as a measure of value?
Musya8 [376]
I believe the correct answer from the choices listed above is option D. The scenario that demonstrates the function of money as a measure of value would be that Sharad decides to offer his services as a typist. he asks for $3 per page. a new client prefers $2 per page. They settle at $2.50 per page. <span>Closely linked with the service of </span>money <span>as a </span>medium of exchange <span>is its </span>function as a measure of value.<span>
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7 0
3 years ago
Which feature helps streamline the purchasing process once a customer approves an estimate?
Lina20 [59]

The feature helps streamline the purchasing process once a customer approves an estimate is Copy to purchase order from an estimate. Thus the correct answer is B.

<h3>What is a customer?</h3>

A customer refers to a person who purchases the product. He may or may not utilize the product. The final user of any product is referred to as a consumer.

Once your estimate has been approved by the client, you can quickly copy it to a purchase order to speed up the procedure. Purchase orders only receive copies of products that are clearly indicated as vendor purchases.

Therefore, option B Copy to purchase order from an estimate is appropriate to answer.

Learn more about customers, here:

brainly.com/question/14530604

#SPJ4

The complete question is Question 1

Which feature helps streamline the ordering process once a customer approves an estimate?

Price Rules

Copy to purchase order from an estimate

Automatic Purchase Orders

Export Data

4 0
1 year ago
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