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Burka [1]
3 years ago
5

Jack is buying the Padillas' home. He makes his offer and in his terms states, he wants all the window treatments, refrigerator,

and microwave to be part of the sale. The Padillas accept his offer on the condition that the refrigerator is the only item that stays in the home.
Which contract term applies?

a) Implied Agreement
b) Novation
c) Counteroffer
d) Option
Business
1 answer:
gogolik [260]3 years ago
5 0

Answer:

c) Counteroffer

Explanation:

A counteroffer determines this when an offer is being created for the purpose of the earlier offer by another person during the negotiation for creating the ending contract. To make the counteroffer is to reject the previous offer and is created under the terms of the counteroffer or there will be no contract.

Here according to the given scenario, Jack makes the offer in the condition that he needs only microwave, refrigerator, and window treatment and this will be a sale part. Now, Padilla who is selling the home is accepting the terms of Jack with the condition that the refrigerator will remain in the home. So, this case is called the counter offer.

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Ahat [919]

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<h3>What are systematic risk principles?</h3>

According to the systemic risk concept, the expected return on an asset is solely determined by its systematic risk. As a result, regardless of how much overall risk an asset carries, just the systematic part is significant in estimating the expected return (including risk premium) on such asset.

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5 0
2 years ago
Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January
-Dominant- [34]

Answer:

$59,410

Explanation:

With regards to the above information, we need to calculate first, total number of units for first quarter of the year.

Total number of units for first quarter of the year = 2,960 + 2,740 + 3,440

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It therefore means that;

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results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around
daser333 [38]

Answer:

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7 0
2 years ago
What should recreational boaters keep in mind if traveling in waters where there are anglers and hunters?
amm1812
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