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sergeinik [125]
3 years ago
13

Bill enters into a contract with Tom to supply 100 umbrellas at $10.00 each. The umbrellas were to be delivered on August 20th.

On August 10th, Tom receives the umbrellas. He attempts to open one and the umbrella flies open forcefully and rips the fabric. Tom then opens each umbrella. 14 more of the umbrellas fly open and tear the fabric. Tom calls Bill and tells him what happened. Bill ships 15 more umbrellas that arrive on August 20th. Bill tests them and they are all satisfactory. Bill can sue Tom for:
Business
1 answer:
mars1129 [50]3 years ago
3 0

Answer:

Honestly, Bill Can not sue Tom

Explanation:

Firstly I don't know the contractual agreement between Tom and Bill, but based on the fact that Tom informed Bill of the latest happenings as regards the umbrella,

Hence Bill is well Informed.

Now Bill tested his umbrella and they were OK, it doesn't rule out the fact and the possibility of 14 out 100 to be bad, this can be in a form of factory error.

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a person was able to invest 1,000 per month for 30 years with interest rate of 5%. 1. find out how much the person will have in
sveticcg [70]

Answer:

1.  $832,258.64

2. $616,550.50

3. $476,407.77

Explanation:

As the question is concerned, we are to calculate the Future value for the following data

1. PV = 0

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N = 30*12 = 360

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Future Value = PV (PMT, N, I)

Future Value =  PV(0, 1,000, 360,0.05/12)

Future Value =  $832,258.6354

Future Value =  $832,258.64

2.   PV = 0

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I = 5%/12

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Future Value = $616,550.50

3.  PV = 0

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I = 5%/12

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Answer:

Summary entry is shown below

Explanation:

The preparation of the summary entry is shown below

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