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Vlad1618 [11]
3 years ago
12

Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is cur

rently being probated. She expects to know for sure how much she will receive within a week or so. If Edward agrees: ________
a. there is no consideration present in this example.
b. Two of these but not all three.
c. there is an illusory contract, because Darla is not certain she will receive the money.
d. the consideration from Darla to Edward is the promise of $6,000 subject to a condition.
Business
1 answer:
dalvyx [7]3 years ago
8 0

Answer: d. the consideration from Darla to Edward is the promise of $6,000 subject to a condition.

Explanation:

Based on the information given, we should note that if Edward agrees to Darla's offer, the consideration from Darla to Edward is the promise of $6,000 subject to a condition.

This is because Darla offered to pay Edward the $6,000 for his car, as long as she gets that much from her uncle's estate, which is under probation. In the case whereby she doesn't get up to $6000, then she won't be bake to buy the car for $6000.

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Why do you think fans can be so resistant to hearing stars’ political views? Have you ever changed your opinion about any celebr
marishachu [46]

Answer:

Because we don't want to change the image of perfection that is created upon celebrities.

Yes, I have. When I started hearing Diego Maradona's support claims to the Venezuelan government I changed the view that I have from this man as a great soccer with charisma to a rather naive individual because the hard times that are lived by the people of Venezuela is well known for everybody.

8 0
3 years ago
The city of Springvale imposes a net income tax on businesses operating within its jurisdiction. The tax equals 1% of income up
sveta [45]

Answer:

$11,230

Explanation:

The city of Springvale imposed a net income tax on all businesses

Each business will make a payment of 1% for any amount up to $100,000 and 1.5% for any amount above $100,000

The net income generated by Springvale Bar and Grill is

= $782,000- $100,000

= $682,000

Therefore, it's city income tax is calculated as follows

(1/100+100,000) + ( 1.5/100+682,000)

( 0.01+100,000) + ( 0.015+682,000)

= 1000 + 10,230

= $11,230

Hence, Springvale Bar and Grill will pay a net income tax of $11,230

4 0
3 years ago
Denim Blue Jean Corporation is a growing company located in Washington​ State, but it is beginning to develop a presence in the
elixir [45]

Answer:

B. Market or customer organization

Explanation:

This type of organization is organized by customer type in order to ensure that the different expectations of the customer groups are met by a customized service approach. Since Denim Blue Jean Corporation caters to​ men, women,​ children, babies,​ toddlers, and teens, this is the best approach for the organization.

7 0
3 years ago
Bramble Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear
Dima020 [189]

Answer:

The break even in dollars is $23000000

Explanation:

The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.

Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B

Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5  = 0.37

Break even in dollars = 8510000 / 0.37

Break even in dollars = $23000000

3 0
3 years ago
4. Both the concentration and Herfindahl indices computed by the U.S. Bureau of Census tends to overstate the actual level. In a
Elodia [21]

Answer:

The use of data aggregation leads to overstatement of the  concentration and Herfindahl indices

while the use of National/state data leads to understatement of the degree of concentration in local markets.

Explanation:

The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while  the contributions of small local unorganized players are not considered, which leads to the increase in the value of  indices and ratios been used, ( i.e. The use of data aggregation ) .  hence the overstatement of the actual level.

The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.

5 0
3 years ago
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