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
LekaFEV [45]
3 years ago
8

Suppose Joe contracts with Marvin to frame out a shop at Joe's ranch for $10,000. During the framing Marvin discovers the costs

of framing will be $2,500 more than he anticipated, and threatens to walk off the job unless Joe agrees to pay the additional $2,500. Joe agrees to the price increase. Most courts today would hold the agreement to pay the additional $2,500 to be _____ the agreement based on a(n) _______. (Choose two correct answers)
Business
1 answer:
Marina CMI [18]3 years ago
8 0

Answer:

unenforceable;

preexisting duty

Explanation:

Preexisting Duty Doctrine

This is simply regarded as when an individual is already under an obligation to do something. It simply states that the rules and guidelines under contract law that shows that if a party to a contract is under a pre-existing duty to perform, then no second thought (consideration) is taken for the modification of the contract. Modification is then voidable.

3 Types of Legal Duties

1.  Public Legal Duties such ad the duty of a police officer to protect lives and properties.

2.  Contractual Legal Duties such as unperformed, preexisting contractual promises etc.

3.  Private Legal Duties such as the duty to follow the law.

Unenforceable Contracts

This is regarded as a contract that cannot be enforced/given consideration or effect by the court of law etc  unless they are settled and corrected according to law.

Kinds of unenforceable contracts

1.) Those entered into in the name of another by one without, or acting in excess of rights or authority;

2.) Those that do not comply with the Statute of Frauds etc.

You might be interested in
A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .
n200080 [17]

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a Limited Liability Company (LLC).

Limited Liability Company (LLC) is a form of business structure that gives protection to its owners against any debts or liabilities owned by the company. This means that the liability of the owners is limited to the amount of investment they have in the company.

This type of business is growing primarily in the United States. They do not pay taxes on their profits directly. Their profits and losses are passed through to members, who report them on their individual tax returns.

Therefore, Liability Company (LLC) is a form of business ownership that provides limited liability to its owners, but is taxed as a partnership.

Learn more about Limited Liability Company (LLC) in this link : brainly.com/question/13888388

3 0
2 years ago
They want to make a profit of $55,498 Unit Variable costs = $11 Unit selling price is = $37 Fixed costs = $18,470 How many units
belka [17]

Answer:

2,845 units

Explanation:

To find the answer you need to consider that the profit is equal to the sales minus the costs.

Let's consider that x is the number of units sold

Sales= Price per unit*number of units sold

Sales= 37x

Variable cost= Cost per unit*number of units sold

Variable cost= 11x

Fixed cost= 18,470

55,498=37x-11x-18,470

55,498+18,470=26x

73,968=26x

x=73,968/26= 2,845

According to this, the answer is that they need to sell 2,845 units to make the desired profit.

6 0
3 years ago
What is a retail Growth potential?
mr Goodwill [35]

Answer:

decisions related to allocating available resources among different target markets and retail formats

Explanation:

7 0
1 year ago
Nicole works from home full-time for a non-profit organization. She receives work from and sends work to the office via a comput
BartSMP [9]

Answer:

telecommuting

Explanation:

Telecommuting is also generally referred to as teleworking and it can be defined as an act which typically involves the process of completing a job function, tasks or work assignments through the use of the internet and in a location other than the office itself.

In this scenario, Nicole works from home full-time for a non-profit organization. She receives work from and sends work to the office via a computer and modem. Thus, this is an example of telecommuting.

3 0
3 years ago
a. a marketing firm is looking for a candidate with a business degree and at least five years of work experience. multiple choic
Usimov [2.4K]

A. A marketing company is seeking an applicant with a business degree and at least five years of professional experience. An intersection.

B. A family has made the decision to buy a Honda or Toyota minivan. a union.

<h3><u>What exactly is a marketing firm?</u></h3>

Effective marketing strategies are developed and put into action with the aid of marketing agencies. This frequently starts with marketing research to determine what aspects of the current marketing strategy are working and which ones are not, then moves on to demographic research to develop an accurate picture of the ideal client.

A marketing company can help you create and implement a plan for specific marketing campaigns, assess their effectiveness, and develop an overall marketing strategy once it has a clear understanding of who you are marketing to and what you have already tried to do to reach them.

Learn more about marketing with the help of the given link:

brainly.com/question/14779288

#SPJ9

7 0
11 months ago
Other questions:
  • The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor
    15·1 answer
  • In the confirmation of accounts receivable, the auditor will most likely
    6·1 answer
  • Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 7.6 liters per unit
    12·1 answer
  • Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at th
    5·1 answer
  • recommend ways in which business can contribute some an effort to advance the well-being of others in business context in improv
    14·1 answer
  • The earned value divided by the actual, cumulative cost of the work to date is the: Budget efficiency index. Schedule performanc
    5·1 answer
  • During the Christmas season, stores sell trees and wreaths are applying the ___ utility
    11·1 answer
  • The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
    9·1 answer
  • Baskin-Robbins is one of the world’s largest specialty ice cream shops. The company offers dozens of different flavors, from Ver
    6·1 answer
  • Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received y
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!