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
Volgvan
3 years ago
9

On August 24, Edward Charles offered to sell his 1967 Chevy Corvette Convertible for $150,000 to Mark Anderson. Anderson offered

to pay $125,000. On August 24, Charles rejected Anderson’s offer of $125,000. On August 28, Anderson offered $150,000 for the car. Charles refused to sell and Anderson sued for specific performance of the contract. Will the court require Charles to sell the car? Use legal theories and the facts to support your answer.
Business
1 answer:
marin [14]3 years ago
4 0

Answer:

No, Charles will not be required to sell. The original deal involved $150,000, but the Anderson made a counteroffer which eliminates the original deal. Since Charles rejected the counteroffer, there is no legal obligation between both parties. If the car is going to be sold, new terms must be agreed by both parties.

You might be interested in
True or False
Ilya [14]
False lolllll I have to write more
6 0
3 years ago
a 2-year treasury security currently earns 6.75 percent. over the next two years,the real interest rate is expected to be 3.18 p
Anna35 [415]

The maturity risk premium on the 2-year Treasury security is C. 1.39%

Using this formula

rd = r* + IP + MRP

Where

rd represent Required rate of return on 2-year Treasury Security = 6 75%

r* represent real risk free return = 3.18%

IP represent Inflation Premium = 2.18%

MRP represent Maturity Risk Premium

Let plug in the formula

6.75% = 3.18% + 2.18% + MPR

6.75%=5.36%

MRP=6.75% -5.36%

MRP = 1.39%

Inconclusion the maturity risk premium on the 2-year Treasury security is C. 1.39%.

Learn more here:

brainly.com/question/15314847

3 0
2 years ago
A warewashing machine and/or the compartments of sinks/basins must be cleaned:
Stolb23 [73]
On a day to day bases, as well with non harmful cleanser
5 0
4 years ago
Creditors often include several requirements in a mortgage contract in order to protect their interests. In order to ensure that
muminat

Answer:

prepayment penalty, maintain, insurance, mortgage

Explanation:

Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.

The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.

Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.

If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.

5 0
3 years ago
A supply curve shows quantities supplied at various prices. It also shows the
Annette [7]

Answer: Producer surplus, which is equal to the slope of the supply curve.

Explanation: The producer surplus is represented as the upper portion of the supply curve below the equilibrium price. It is the difference between the amount a producer is willing to sell a given commodity to the actual market price the good was sold at.

The extra benefit which the producer makes as profit when the market price at which the goods was sold at is greater than the amount the producer was willing to sell his goods.

3 0
3 years ago
Other questions:
  • The number issued to physicians by the internal revenue service for income tax purposes is known as:
    9·1 answer
  • Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or u
    7·1 answer
  • Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
    9·1 answer
  • The law of comparative advantage indicates that if a group of individuals wants to maximize their joint output, then each good s
    9·1 answer
  • Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to
    13·1 answer
  • What element of a Crisis Management Plan defines the process that should unfold once an issue or crisis is identified? Hint: it
    5·1 answer
  • A college student purchased a car priced at $10,000. She paid $1,000 down and agreed to a monthly payment of $200 per month for
    15·1 answer
  • What do socialism and communism have in common? Economics
    11·2 answers
  • True or false: one reason for the growth of sponsorships has been the need for companies to break through the clutter of adverti
    12·1 answer
  • When using the indirect method, adding an increase in an account such as Wages and Salaries Payable to net income eliminates the
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!