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bogdanovich [222]
4 years ago
8

Describe the way courts classify contracts for unlicensed work

Business
1 answer:
Art [367]4 years ago
7 0
<span>Contract law is generally a matter of state, not federal law. Each state (and federal district, unincorporated territory, and Indian reservation) of the United States has its own body of statute and common law that governs the creation and enforcement of contractual obligations. These laws can vary from one jurisdiction to another, and the statements and analysis offered here are only generalizations. There are, however, broad commonalities between different states’ contract laws, a result of their common descent from English common law. Besides the state statutes and case law, contract law can be found in the Restatement (Second) of the Law of Contracts, a publication of the American Law Institute, which seeks to set forth the “black letter law” of contracts in simple, easy-to-understand terms. While not binding on courts, the Restatement is of great persuasive value in helping courts determine how the law should be applied in specific cases.
Hope This Helps ^^</span>
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b

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Kim placed an order with her broker for 750 shares of each of three IPOs being offered this week. Each of the IPOs has an offer
AlekseyPX

Answer:

Kim's total profits on the three stocks at the end of the first day of trading is $2157.80

Explanation:

The closing day valuation of stocks needs to be compared with the prices at the IPOs opened that same day to ascertain whether or not a profit has  been made.

The purchase price of IPOs =(750+370+260)*$24

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Closing day valuation=($23.15*750+$27.43*370+$29.87*260)

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The total profit on the day's transactions=$35,277.8 0-$33,120.00

                                                                     =$2157.8

The total profits on the three stocks on first day is $2157.8 0

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Brower is a holder of a promissory note obtained from AMCO Credit Union, Inc.
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