1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimulka [17.4K]
3 years ago
8

Cagney and Lacey enter into a written contract to open "Tried and True," a store specializing in used guns recovered from murder

scenes. The written contract is a 2-paragraph handwritten document, and states that each party will receive 50% of any net profits and that each will devote 30 hours a week to the business. Both parties regard the writing as a final expression of their deal. After being in business for a evide while, Cagney sues Lacey for breach because Lacey is only working 20 hours per week during the summer months. Lacy attempts to present on vacation from school. Will Lacey be able to present this evidence at trial?
1. No, under the parole evidence rule that shows just prior to signing the contract, Cagney orally agreed that Lacey could work 20 hours a week when her children were
2. Yes, under the parole evidence rule
3. No, due to unilateral mistake
4. Yes, under the statute of frauds
Business
1 answer:
emmasim [6.3K]3 years ago
6 0

Answer:

3. No, due to unilateral mistake

Explanation:

Lacey and Cagney both had agreed to wok for 30 hours per week and the agreement is in written format since it is enforceable. Both of them are sharing 50% profits so both will have to share the duties equally. When Lacey makes an excuse and is working for 20 hours per week only Cagney can sues her and she is in a probability to win against her. Lacey should have informed Cagney about the vacation from school scenario before signing the contract.

You might be interested in
Should banks have to hold 100% of their deposits? Why or why not?
fomenos

Answer:

No, they dont have to hold the 100%.

Explanation:

Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.

8 0
3 years ago
How do you spell ''the''
sergeinik [125]

Answer:

T-H-E

Explanation:

4 0
3 years ago
Read 2 more answers
The buyer and seller of merchandise must agree on who is responsible for paying freight terms. Show your understanding of freigh
Bas_tet [7]

Answer:

c,d and e

Explanation:

The correct statements given in the options are as stated below:

(c)-Terms FOB shipping point means the buyer accepts ownership when the goods depart the seller's place of business.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped.</em>

(d)-When the shipping costs are the responsibility of the buyer, then the Merchandise Inventory account is debited for the freight charges.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped, hence the shipping costs are the buyers responsibility and will form part of the costs of the goods</em>

(e)-Revenue for the sale will be recorded after the goods reach their destination, if the goods are shipped FOB destination.

<em>This is true because Free on Board destination means that the seller bears all liability whatsoever till the goods are delivered, hence the revenue for the goods can only be recognized upon successful delivery</em>

7 0
3 years ago
What is the median of the following string of values ? 55,18,58,49,8,77,62,26,7,91
Zinaida [17]

The median of all the string numbers would be 52

6 0
3 years ago
Read 2 more answers
Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
Other questions:
  • A company has $107,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts
    15·1 answer
  • Which of the following terms best describes an economy in which producers of goods and services react to consumer choices
    8·2 answers
  • What are cashiers checks required for
    15·1 answer
  • A company is concerned with traffic that flows through the network. There is a concern that there may be malware that exists tha
    9·1 answer
  • A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest semiannually. The ann
    13·1 answer
  • Columbia Products produced and sold 900 units of the company's only product in March. You have collected the following informati
    5·1 answer
  • Jose visited a garage sale and found a baseball card collection which he believed was worth over $1,000. he bought the collectio
    11·1 answer
  • Consider two bonds, a 3-year bond paying an annual coupon of 5.90% and a 10-year bond also with an annual coupon of 5.90%. Both
    15·1 answer
  • Assume the following: The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods
    6·1 answer
  • In most companies, portfolio management is typically done at the sbu or ___________ level of the firm.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!