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
wel
3 years ago
7

Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in

writing to be enforceable?
Business
1 answer:
Sliva [168]3 years ago
7 0

L

Answer:

yes, pursuant to UCC, Section 2-201

Explanation:

Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.

In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.

An oral contract won't suffice In this case.

You might be interested in
Over the course of a day, fans pour into a NASCAR venue at the rate of 8,000 people per hour. The average rate at which fans lea
bezimeni [28]

Answer:

Must be exactly 8,000 people per hour.

Explanation:

Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.

In this scenario the people that entered the NASCAR venue were 8,000 people per hour.

So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.

The rate of units entering a business process must be equal to rate of units coming out per unit time.

8 0
3 years ago
When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'
chubhunter [2.5K]
Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

</span>
8 0
3 years ago
Calculating the average time callers wait on the phone for technical support is an example of inferential statistics.A. TrueB. F
bearhunter [10]

Answer:

b) false

Explanation:

tell me if I'm wrong. mark me brainliest if this helps :)

8 0
3 years ago
Select the correct answer from the drop-down menu
iragen [17]

Answer:

What to produce?

Explanation:

A society has to make choices in order to meet the diverse needs of its members. The resources available in all economies are insufficient to meet all needs. Because of this scarcity, a society has to make informed decisions on what to produce at any given.  

Societies make choices on what to produce with the available resource. In every decision, there is a sacrifice to be made.

8 0
3 years ago
A title clause in a contract provides exactly what type of title the buyer is expecting to receive from the seller: Group of ans
damaskus [11]

Answer:

True

Explanation:

A retention of title clause within a contract of sale essentially means that ownership remains with the supplier, until full payment for the goods has been received. That is the seller of a particular product still holds full custody of his goods until the buyer fully pays for the goods.

3 0
3 years ago
Other questions:
  • Assume that a profit maximizing monopolist is producing a quantity such that marginal revenue exceeds marginal cost. we can conc
    13·1 answer
  • Borrowers tend to prefer ________ to ________, whereas lenders prefer ________. arms; fixed-rate loans; fixed-rate loans fixed-r
    7·1 answer
  • Writing off an uncollectible account affects ________ under the allowance method.
    12·1 answer
  • The following data pertain to the Oneida Restaurant Supply Company for the year just ended.
    10·1 answer
  • NorthWest Corp. obtained the following information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory
    12·1 answer
  • Sandhill Company issued $2,400,000 of 10%, 10-year bonds on January 1, 2017, at 103. Interest is payable semiannually on July 1
    12·1 answer
  • Characteristics of customer _____ include customer retention and loyalty, customers’ willingness to make an effort to do busines
    9·1 answer
  • A principle purpose of the market model is to show how equilibrium price and quantity will change as a result of some 'exogenous
    8·1 answer
  • A bank receives a deposit for $50,000. If the bank has a 10 percent reserve
    5·2 answers
  • What is my level of education if I just finished 10th grade?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!