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sergiy2304 [10]
3 years ago
7

Fallsview Glatt Kosher Caterers ran a business that provided travel packages, including food, entertainment, and lectures on rel

igious subjects, to customers during the Passover holiday at a New York resort. Willie Rosenfeld verbally agreed to pay Fallsview $24,050 for the Passover package for himself and his family. Rosenfeld did not appear at the resort and never paid the money owed. Fallsview sued Rosenfeld for breach of contract. Rosenfeld claimed that the contract was unenforceable because it was not in writing and violated the UCC’s Statute of Frauds. Is the contract valid? Explain.
Business
2 answers:
Valentin [98]3 years ago
7 0

Answer:

The contract is valid

Explanation:

The uniform commercial code provides guidelines for transactions that involves sales of goods between different parties.

Under its statues of fraud, there is a requirement for the agreement to be in writing if sales of goods priced above $500 and payments of over $1,000.

However there are 3 exceptions to this rule: admission, performance, and promisory estoppel.

Under admission if the defaulting party admits that there was an oral agreement between them, then the contract is enforceable.

In this scenario where there is a payment of $24,050 and Rosenfeld agrees there is an oral contract, the contract with Fallsview is enforceable against him

inessss [21]3 years ago
4 0

Answer: The Contract is valid.

Explanation:

Under the UCC’s Statute of Frauds, transactions above $500 for goods cannot be made orally alone and have to be written in writing as well. This is the law that Rosenfield relied on.

However, Fallsview can argue that the Passover Retreat is not a Good, but rather a Service in which case it does not fall under the Statute.

The main bone of contention thereby becomes, if indeed it is a service or a good.

If it is a Hybrid of both, then the Court needs to decide if the services outweigh the goods involved.

From the text we see that the following were included in the package, food, entertainment, and lectures on religious subjects.

Food is the only good there and is outweighed by Entertainment and lectures on religious subjects.

As such, the contract is valid as it is for more service than good.

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The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).

<h3>What is Gross domestic product (GDP)?</h3>
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1 year ago
Christian Wolff, an infamous accountant (and martial artist), is injured while shutting his computer desk drawer in his office a
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Answer:

D

Explanation:

Whether or not workers compensation applies to this situation depends on the office policy regarding the proper closing of computer desk drawers.

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3 years ago
What basically compares what an individual owes compared with how much they earn monthly?
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Answer:

C. Debt to Income Ratio

Explanation:

The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.

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Over the past 100 years or so, Binney and Smith's Crayola crayons have become household staples in more than 80 countries around
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Answer: Maturity stage

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Maturity stage tends to occur after growth and introduction stages. Maturity stage is known as one of the longest stages of product life cycle. Under this stage, the sales growth tends to decline; the organization tends to reach the highest point under a demand cycle; and thus advertising strategies tend to have a minimal impact on their sales growth.

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An appraised price is an evaluation of a property's fee-based totally on a given factor in time.

An appraised cost is an evaluation of a property's value based totally on a given factor in time. The evaluation is accomplished by means of a professional appraiser for the duration of the mortgage origination technique. The appraiser is normally selected by way of the lender but the appraisal is paid for by way of the borrower.

Actual property professional opinion is typically towards the idea of paying extra than a property's appraised price. Even if you make up the difference on below-appraised assets, you may have assets well worth much less than what you paid.

If buyers are few and far among whilst you list your house, there may be a hazard the marketplace cost may be lower than the appraised price. then again, in case you're seeing a ton of interest in your own home from a couple of consumers, you could discover that the marketplace value is better than the appraisal value.

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