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Step2247 [10]
2 years ago
12

Ted, a used car dealer, entered into a written agreement to sell a car to Debra, a sixteen year old high school junior. The agre

ement provided that Ted would replace any defective parts for one year. Debra agreed to pay Ted $200 per month for three years (which she has done). The age of majority for the jurisdiction is eighteen. After six months, Debra's transmission fails but Ted refuses to replace it. If Debra (or a representative on her behalf) brings a lawsuit against Ted, it is more likely than not that the court will rule
Business
1 answer:
Zepler [3.9K]2 years ago
4 0

Answer:

d. Debra will prevail, as Ted is bound to the contract

Explanation:

Options are <em>"a. Ted will prevail because Debra was a minor when the contract was formed b. the contract is illegal c. the contract is void d. Debra will prevail, as Ted is bound to the contract"</em>

The general rule is that a minor can enter into any contract an adult can, provided that the contract is not one prohibited by law for minors such as the sale of alcoholic beverages or tobacco. Debra is a minor (below age of 18) and she can honor the contract or make it Void. Since she did not make it Void the contract, Ted is bound to the contract as per the Contract Act. So, Debra can recover because Ted was bound to the agreement.  Hence, the correct answer is <u>Debra will prevail, as Ted is bound to the contract</u>.

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Company X purchased Company Y using financing as follows: $18 million from mortgages, $3 million from retained earnings, $13 mil
ASHA 777 [7]

Answer:

The debt to equity mix = 74.65% - 25.35%

Explanation:

The computation of the debt to equity mix is shown below:

Debt is

= Mortgages + Bond

= $18 + $35

= $53 million

And, the Equity is

= Retained earnings + Cash in hand

= $5 + $13

= $18 million

Now

Percentage of debt financing

= $53 ÷  ($53 + $18)

= 74.65%

And, percentage of equity financing is

= $18 ÷ ($53 + $18)

= 25.35%

And, finally

The debt to equity mix = 74.65% - 25.35%

3 0
2 years ago
i have 44 labels on 11 sheets and 4 labels per sheet I have counted 6 packages of supplies....how many labels are there?
11111nata11111 [884]
There are twenty four labels from what I got
7 0
3 years ago
Delivering health care goods and services requires several inputs, in economic terms. These inputs can be classified as either Q
Elina [12.6K]

Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either <u>labor</u><u> </u>or non-labor.

<h3>What are non-labor inputs?</h3>

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

  • Energy
  • Land
  • Capital
  • Information etc.

The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

The majority of nations gather information on the number of employees and are able to compute labor productivity as output per employee.

Learn more about labor inputs:
brainly.com/question/15737488
#SPJ1

6 0
2 years ago
If Young Explorers realizes that Gabby reacts better to social media than traditional marketing methods because of the ability t
stiv31 [10]

Answer:

The correct answer is c. Time to delivery .

Explanation:

Obviously, the information will reach people more quickly and accurately, since contact is direct, which is not possible in traditional media such as a television commercial. One of the main advantages is that due to direct contact, it is possible to influence the purchase decision using persuasion techniques widely known in the field of marketing. Young Explorers should focus on these new media in order to attract potential buyers in the future.

5 0
3 years ago
Read 2 more answers
ASAP 65 points.
Bad White [126]

Answer:

Ebay

Explanation:

Ebay’s corporate and sales websites have  a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.

Some qualities I associate with Ebay are:

That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.

Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.

A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.

I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.

An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.

You're welcome.

5 0
3 years ago
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