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7nadin3 [17]
3 years ago
5

The following elements must be established to create a certain type of contract:1. The plaintiff provided property or services t

o the defendant.2. The plaintiff expected to be paid by the defendant for the property or services and did not provide the property or services gratuitously.3. The defendant was given an opportunity to reject the property or services provided by the plaintiff but failed to do so.These elements are part of which kind of contract?
Business
1 answer:
mojhsa [17]3 years ago
3 0

Answer:

Implied-in-fact-contract.

Explanation:

The mentioned elements are a part of Implied-in-fact-contract.

Implied-in-fact-contract is a form of implied contract formed by non-verbal conduct, rather than by explicit words. Supreme Court of USA has defined Implied-in-fact-contract as "an agreement 'implied in fact'" as "discovered when a meeting of minds, which, although not embodied in an express contract, is inferred, as a fact, from conduct of the parties showing, in the light of the surrounding circumstances, and their tacit understanding

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3 years ago
A ______ company is one that does business in at least one country outside of its country of origin.
alexgriva [62]

Answer:Multi national company

Explanation:

4 0
3 years ago
The Churchill Corporation uses a periodic inventory system and the LIFO inventory cost method for its one prod-uct. Beginning in
trasher [3.6K]

Answer:

$32,000

Explanation:

Calculation to determine the before-tax LIFO liquidation profit or loss that the company would report

Before-tax LIFO liquidation profit =8,000 Units × ($12.00 per unit – $9.00 per unit) + (12,000 units-10,000units)× ($12.00 per unit – $8 per unit)

Before-tax LIFO liquidation profit =(8,000 units× $3 per unit)+(2,000 units ×$4 per unit)

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7 0
4 years ago
Toxic materials, of an abnormally dangerous nature, were being transported by truck from a manufacturer's plant to a warehouse w
Otrada [13]

Answer:

No, because the drivers injury did not result from the toxicity of the materials.

Explanation:

In the context, a strict liability in this situation will be based on abnormally dangerous nature of the toxic materials that the manufacturer produces. But the strict liability action is required that the risk which materializes to be the same risk which lead the courts to be label the event as 'abnormally dangerous' in its first place itself. In this situation, the toxicity of the materials is not the cause of the injury of the driver, the driver's only cause of action is his negligence while driving.

7 0
3 years ago
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