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
sergeinik [125]
4 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]4 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.

You might be interested in
A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.
MAVERICK [17]
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made. 
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
8 0
4 years ago
Which of the following is applicable during a hostile act:
BaLLatris [955]
<span>In case there is a hostile act, you should remain calm and follow the instructions of emergency officials. This is for your safety and those officials will be planning on how to save you. You do not need to panic in situations like this because it can lead you to wrong decisions that can be a danger to others.</span>
8 0
4 years ago
Read 2 more answers
What is the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied
jeka57 [31]

Answer:

$1,609,000

Explanation:

Calculation to determine the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied

First step is to calculate the Unrecorded Patents Amortization

Unrecorded Patents Amortization

=$1,400,000-[($6,400,000 - $3,000,000)×30%] /10 years

Unrecorded Patents Amortization

=$1,400,000- ($3,400,000 × 30%)/10 years

Unrecorded Patents Amortization

=$1,400,000 - $1,020,000/10 years

Unrecorded Patents Amortization = $380,000 / 10 years

Unrecorded Patents Amortization= $38,000

Now let determine the Investment

Investment=$1,400,000 + $180,000 + $225,000 - $60,000 - $60,000 - $38,000 - $38,000

Investment= $1,609,000

Therefore the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied is $1,609,000

8 0
3 years ago
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $77.152 million Cash of $6.030 millio
jonny [76]

Answer:

$45.027 million

Explanation:

The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as

Assets = Liabilities + Equity

The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).

Equity = $125.989 million - $77.152 million

= $48.837  million

Retained earnings = Equity - Common stock

= $48.837  million - $3.810 million

= $45.027 million

Digby Corporation's retained earnings is $45.027 million

5 0
3 years ago
When the economy goes into recession the biggest increase in unemployment is?
BartSMP [9]
The answer is: <span>cyclical because jobs are lost in many industries as they cut production
when the economy goes into recession, most people will have lower purchasing power which will force them to buy less products.
This situation will force companies to lower the amount of supply that they give to the market, which will lead to them cutting off several employees in order to maintain financial stability.</span>
3 0
3 years ago
Other questions:
  • In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become mor
    14·1 answer
  • Angie asks her grandmother over the phone, "do you like the color of my new shirt that i'm wearing now?" this is an example of
    11·1 answer
  • Many hydrothermal mineral deposits of copper, gold, silver, and other metals have been found in the countries bordering the paci
    11·1 answer
  • Len Corp. reported net sales of $300 million last year and generated a net income of $66.00 million. Last year’s accounts receiv
    13·1 answer
  • You find a certain stock that had returns of 13 percent, −20 percent, 21 percent, and 12 percent for four of the last five years
    7·2 answers
  • Pedro did not save any money for college. What is his best option for job training?
    15·2 answers
  • Mission Corporation reported the following equity section on its current balance sheet. The commonstock is currently selling for
    10·1 answer
  • Journalize the entries to record the following selected bond investment transactions for Hall Trust (refer to the Chart of Accou
    9·1 answer
  • you purchased one hundred shares of AT&amp;T stock. The company pays 20 cents per share to each share holder (That’s you!) at th
    9·1 answer
  • When 100% peak effort from the most skilled and efficient workers is assumed, the direct labor hours required per unit is being
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!