Read the following short scenario. Then select the response that best describes your views.

Louise owned a house next to Robert's house. Robert made a contract with Midcity Painters to paint his house. The painters arriv

Aloiza [94]

Answer:

Louise's defense is not valid. She was involved in an Implied-in-fact contracts

Explanation:

Implied-in-fact Contracts

This is a contract that is legally enforceable as a result of an agreement made by conduct and from assumed intentions. These conducts and assumed intentions are derived from the relationship among the involved parties.

When Louise saw Midcity Painters painting her house and made no comments, she became involved a implied-in-fact contract. The conduct of Midcity to paint her house and her conduct to be quiet infact formed a legally enforceable contract.

Louise, therefore, liable. However, due to the lack of contractual terms such as payment for the job done, Louise will be liable for the nominally or typically acceptable rate for such a job done. For instance, if a normal house paint job costs $2000, Louise is liable to pay $2000 for the implied contract.

3 0

3 years ago

You own a portfolio that has a total value of $130,000 and a beta of 1.28. You have another $49,000 to invest and you would like

fredd [130]

Answer:βB =0.9147=beta of new investment

Explanation:

Total investment= $130,000 + $49,000= $179,000

Using

Portfolio beta(βp) = wA × βA + wB × βB

Where βp is the portfolio beta coefficient,

wA is the weight of the first investment,

βA is the beta coefficient of first investment;

wB is the weight of the second investment,

βB is the beta coefficient of second investment

but weight of investment is stock value/ total investment x 100

wA= 130,000/ 179,000X 100=72.63%

WB= 49,000/179,000 X100=27.374%

Portfolio beta(βp) = wA × βA + wB × βB

1.18=(72.63%*1.28)+(27.374% XβB )

1.18=0.9296+0.27374βB

βB i=(1.18-0.9298)/0.27374

βB =0.9147=beta of new investment

6 0

3 years ago

The newest version of a product like Crutchfield headphones is likely to use _____, while the new version of Monster Energy is l

PolarNik [594]

The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.

To know more about price skimming follow the link:

brainly.com/question/15371394

#SPJ4

3 0

1 year ago

A(n) ________ report is a general report of the applicant's finances, character, morals, work, hobbies, and other habits.

VashaNatasha [74]

The correct answer is the inspection report. It is because the inspection report covers of the information regarding about the applicant in terms of their character, the people associated with them and as well as the hobbies or anything related that could be based on their work.

6 0

3 years ago

Which of the following is an example of investment? A. a person depositing $ 100 a week to her savings account B. a person's an

lara31 [8.8K]

Answer:

C. the purchase of new buses by Greyhound

Explanation:

The investment is the amount that should be invested in order to generate the income

So as per the given situation,the option C is correct as if we puchase the new buses so there is a big investment but after investing into it it generated the income on daily basis

So this should be the example of the investment

4 0

3 years ago