Hi! I need help with this

Oceans inc. , a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches

USPshnik [31]

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely void. Option C. This is further explained below.

<h3>What is overstock?</h3>

Generally, Oceans Inc., a distributor of seafood, has reached an agreement with Paul, a commercial fisherman, to purchase any "overstock" of fish that Paul captures in excess of the legal limit for his vessel.

This results in an increase in financial expenses since the investment is left in the storage facility rather than being used to generate cash flow or profits. Drives up the cost of logistics due to the fact that warehouse upkeep sometimes results in unused space and additional labor charges.

In conclusion, Overstocking, often known as "surplus stock," occurs when retailers buy more of a product than they actually move out of their shops. If a retailer overorders goods, they will end up with an excessive amount of stock. This surplus merchandise will either be left on shop shelves or in the warehouse, which may be detrimental to the company's profitability.

Read more about overstock

brainly.com/question/15834336

#SPJ1

Complete question

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely

a. enforceable.

b. valid.

c. void.

d. voidable.

3 0

1 year ago

There are numerous exceptions to the parol evidence rule, with perhaps the most common being when ________ evidence serves to cl

jeka94

The parol evidence rule has many exceptions, with possibly the most prevalent one being when <u>oral</u> evidence serves to clear up a(n) <u>ambiguous</u> part of an agreement.

More about the parol evidence rule:

The parol evidence rule is a principle of Anglo-American common law that controls the types of evidence that parties to a contract dispute may provide in an effort to ascertain the precise terms of the contract.

The parol evidence rule also prohibits parties who have reduced their agreement to a finalized written instrument from adding further evidence later on as proof of a different intent regarding the contract terms, such as the content of oral exchanges from earlier in the negotiation process.

Learn more about the parol evidence rule here:

brainly.com/question/15733971

#SPJ4

7 0

1 year ago

Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $54,000. The annual cash inflows for t

hoa [83]

Answer:

This question does not include what you are required to do. I looked it up on the web and it is asking for the Internal rate of return (IRR)

Explanation:

Internal rate of return used in project evaluations is the rate at which the NPV of a project equals to zero.

You can solve for IRR using a financial calculator and the cashflow "CF " function. Key in the following inputs;

Initial investment; CF0 = -54,000

Yr1 cashflow inflow ; C01 = 27,000

Yr2 cashflow inflow ; C02 = 25,000

Yr3 cashflow inflow ; C03 = 20,000

Then key in IRR then CPT = 16.792%

Therefore, the Internal rate of return(IRR) for this equipment is 16.79%

7 0

3 years ago

Please help, this is culinary class

Rainbow [258]

Answer: 1. cutlet knife 2.carving 4.steak knife 5. salmon knife 6. Paring

7. Boning 8. Chef's knife 9. peeling knife 10. bread knife

Explanation:

6 0

2 years ago

Read 2 more answers

A physical inventory on December 31 shows 3,000 units on hand. Henri sells the units for $12 each. The company has an effective

bekas [8.4K]

Answer:

Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.

Fifo In inflationary condition, income tax shows a higher amount.

Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions

Explanation:

Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.

Fifo In inflationary condition, income tax shows a higher amount.

Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions.

3 0

3 years ago