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Leya [2.2K]
2 years ago
9

Hawley owned a Buick, and occasionally had work done on it at the Hoff Garage. One day he drove up with a flat tire, parked his

car beside the garage, and called to Hoff that he had a flat tire and would be back in an hour. Hoff fixed the tire. Hawley refused to pay, saying that he had intended doing the job himself. (a) Was there a contract? Explain. (b) Suppose Hoff also adjusted the carburetor and straightened a fender. Could he recover for this? Explain
Business
1 answer:
irina1246 [14]2 years ago
3 0

Answer:

A. Yes. Implicit contract

B. No he cannot

Explanation:

A. From what happened there seemed to be an implied contract between these two people. Although this contract was not done formally, given past situations, an implied contract was formed over time. Hoff felt hawley had dropped the car off for repair given that he usually did this. Hawley cannot make a case that he was going to fix it himself.

B. Hoff cannot recover for the carburetor or fender because the question did not say hawley asked him to do so. If he did it without consent then there is no recovery.

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When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that pe
Dimas [21]

Answer:

Option A is correct one.

Competing

Explanation:

When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that person is using the conflict-handling intention of <u>Competing.</u>

When one person seeks to satisfy his or her interests regardless of the impact on the other parties to the conflict, he is competing. The competition involves authoritative and assertive behaviours.

8 0
3 years ago
A homeowner could take out a 15-year mortgage at a 5.5 percent annual rate on a $195,000 mortgage amount, or she could finance t
Montano1993 [528]

Answer:

The amount of total interest over the entire mortgage period could she save by financing her home with the 15-year mortgage is $138,612

Explanation:

First find the total interest on the 30-year mortgage:

PV = 195,000

N = 360

FV = 0

I = 6.1/12 = 0.5083

195,000 = PMT × PVIFA (0.061/12, 360 months); (in excel)

PMT of 1,181.69 × 360 = 230,408;

Next find the total interest on the 15-year mortgage:

PV = 195,000

N = 180

FV = 0

I = 5.5/12 = 0.4583

195,000 = PMT × PVIFA (0.055/12, 180 months); (in excel)

PMT of 1,593.31 × 180 = 91,796;

The amount of interest saved is: $230,408.34 − $91,796.29 = $138,612.05

7 0
2 years ago
Suppose you have just landed a job near the center of a city and you now need to decide where to live. If you live close to the
Tomtit [17]

Answer:

Since there are only a limited number of apartments near the city​ center, these apartments will be allocated based on  <u>BOTH THE COSTS AND BENEFITS</u>. This process is known as <u>OPTIMIZATION.</u>

Explanation:

Optimization refers to calculating the change in net benefits between alternative choices, and choosing the alternative that provides the most benefits at the lowest costs.

For example, the cost of an apartment downtown will be much higher if measured as $ per square foot, but the advantage of saving 90 minutes of travel time a day might justify the extra cost.

If you are married and have children, then the extra cost of living downtown might be too high due to the amount of space needed for the whole family, therefore, it might be cheaper to spend 90 minutes a day travelling than paying an extremely high rent.

6 0
2 years ago
Lee Ann, Inc., has declared a $5.70 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 perce
castortr0y [4]

Answer:

$89.59

Explanation:

After tax dividend = Dividend * (1-Tax)

After tax dividend = $5.70 * (1-20%)

After tax dividend = $5.70 * 0.8

After tax dividend = $4.56

Ex-Dividend price = Share price - After tax dividend

Ex-Dividend price = $94.15 - $4.56

Ex-Dividend price = $89.59

7 0
3 years ago
People in these services usually look after children, the elderly, or disabled.
ruslelena [56]
The answer is caretaking
5 0
3 years ago
Read 2 more answers
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