Legal Application
13. Juan was vacationing at a Mexican resort when he lost a valuable necklace. He put a notice in
the local newspaper that promised a $500 reward for finding and returning the necklace.
Because Juan had to leave the resort two days later, he included his home address and phone
number. Two months later, Mia found his necklace and contacted him. Juan told her he would
give her only $300 for returning
the necklace since he had to wait so long for it. Can Juan
revoke his $500 offer for this reason? Explain your answer.

need help with this one

Answers

Answer 1

Juan cannot revoke his offer of $ 500 for this reason because in his ad he did not establish a time limit on finding and returning the necklace.

Juan established an offer for whoever finds his necklace with specific conditions and a retribution value of $ 500. Once a person reads the ad and looks for the necklace and finds it, it can be inferred that he accepted the agreement, so Juan cannot change his offer from $ 500 to $ 300.

If Juan had the intention of lowering the amount of compensation money for whoever found his necklace after a while, he must have expressed this in the advertisement that he published. Therefore, Juan must pay $ 500 for his necklace.

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Related Questions

Goods that are excludable include both A. club goods and public goods. B. public goods and common resources. C. common resources and private goods. D. private goods and club goods.

Answers

The goods that are excludable are private goods and club goods. The correct answer to this question is option D.

The club goods are those goods that can be artificially scarce. These goods are non rival in nature but the excludability is quite high.

Private goods on the other hands are those goods that have their usage and consumption restricted to only one person or group.

Such goods can only be used by one party.

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the difference between total revenue and total expenses when total revenue is greater.

Answers

Answer:

Net loss

Explanation:

A net income occurs when a firm's total revenues (sales) exceed their total costs.

Conversely, a net loss occurs when a firm's total revenues exceed their total costs.

Therefore, the correct answer is net loss.

The difference between total revenue and total expenses when total revenue is greater is referred to as profit or net income. It indicates the financial gain or surplus generated by a business or individual.



To calculate profit, you subtract total expenses from total revenue. If total revenue is greater, then the result will be positive, indicating a profit. Here's a step-by-step breakdown:

1. Total revenue: This refers to the total amount of money earned from sales, services, or any other sources of income. For example, let's say a business has total revenue of $10,000.

2. Total expenses: These are the costs incurred in running the business, including operating expenses, salaries, rent, utilities, and taxes. Let's assume the total expenses for the business amount to $7,000.

3. Profit calculation: To find the difference between total revenue and total expenses, subtract the total expenses from the total revenue. In this case, it would be $10,000 - $7,000 = $3,000.



4. Interpretation: If the result is positive, as in this example, it means the business has made a profit of $3,000. This indicates that the total revenue exceeded the total expenses, resulting in a financial gain.

In summary, the difference between total revenue and total expenses when total revenue is greater is the profit or net income. It is calculated by subtracting total expenses from total revenue and represents the financial surplus generated by a business or individual.

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determining that the amount of cash agrees with the accounting records

Answers

Answer:

Receipt-A business form giving written acknowledgment for cash received. Memorandum-A form on which a brief message is written describing a transaction. Proving Cash-Determining that the amount of cash agrees with the accounting records.

Paid-in capital in excess of stated value would appear under the category additional paid-in capital on a(n)

Answers

Answer:

balance sheet

Explanation:

Paid-in capital in excess of stated value would appear under the category of additional paid-in capital?

The correct answer is The Balance sheet.

What is on a balance sheet?

A balance sheet is a financial statement that shows a company's assets, liabilities, and capital. The balance sheet is one of the three main financial statements used to evaluate a company. It provides a snapshot of the company's finances (owned and borrowed) as of the issue date.

The balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to the income statement and cash flow statement, the balance sheet helps business owners assess the financial position of the company.

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True or False: Your company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps. Product margins are thin. For these reasons, you should use an Indirect sales channel.

Answers

True; the company should use an Indirect sales channel.

By definition;

An indirect sales channel is the sale of a good or service by a third-party, which may be a partner or affiliate, rather than a company's personnel.

According to the question;

The company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps.

As a result, Product margins are thin.

For these reasons; an indirect sales channel is used as it involves subcontracting the sales to a third party, thereby relieving the company of sales responsible.

Ultimately, True; the company should use an Indirect sales channel.

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can you send me answer .
please send me fast...​

Answers

Answer:

all you have to do is search up the defenitions

Explanation:

Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital outflows and the exchange rate

Answers

Answer:

Mama thu thu thu thu thu thu

Explanation:

Hi

Net capital outflows decrease and the exchange rate rise would be the effect on net capital outflows and the exchange rate. Hence, option C is correct.

What is net capital outflows?

The amount that domestic residents are lending abroad less the amount that foreigners are lending to home countries is the net capital outflow.

The sum of money a nation spends on imports, exports, and investments abroad is known as net capital outflow. An American citizen purchasing Toyota Corporation stock, for instance, results in a net outflow of money for the United States.

Net purchases of domestic assets by non-residents, or the difference between purchases and sells, are referred to as capital inflows. Net foreign asset purchases by domestic agents, excluding the central bank, equal net capital outflows.

This is due to the fact that our assets are more appealing the higher the domestic real interest rates. Since more money is available, this will increase foreign investment, which will decrease net capital outflow.

Thus, option C is correct.

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The options were attached below-

given in return for good service *

Answers

For a good business, you can add small things that will cheer up your customers :) I’m not sure what u wrote so a piece of advice helps

Morgan Company issued cumulative preferred stock. What additional special feature(s) could also have been granted to preferred stock holders

Answers

Answer:

-The right to convert the shares to common shares

-The right to redeem the preferred shares for cash

The right to convert the shares to common shares, The right to redeem the preferred shares for cash are the additional special feature could also have been granted to preferred stockholders.

What is stockholders?

A military campaign is a large-scale, drawn-out, all-encompassing military strategy plan that entails a number of connected military actions or engagements that are thought of as separate elements of a broader conflict that is often known as a war.

Various military operations were carried out in the Asiatic-Pacific Theater of World War II to force the Japanese to abandon specific islands. For instance, the Aleutian Islands Campaign came to an end when the Japanese left the islands. Military strategists design campaigns with a wide range of objectives in mind.

American soldiers from the U.S. 1ID may be seen boarding a Higgins Boat on Omaha Beach in the image titled Into the Jaws of Death.

Thus, The right to convert the shares to common shares.

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when a company capitalizes a cost, its ______ increase.

Answers

Based on accounting principles, when a company capitalizes on a cost, its long-lived assets increase.

This is because long-lived assets are assets that a business enterprise uses for more than one year. It is mainly used for many years.

Long-lived assets are sometimes described as long-term assets. Because the business owners only pay for them once, it is believed that the company capitalizes on its cost to produce more commodities or services.

Hence, in this case, it is concluded that the correct answer is "long-lived assets."

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A real estate agent who writes up a contract for the purchase of a home is providing ________ utility.

Answers

Based on estate management definitions, a real estate agent who writes up a contract to purchase a home provides Possession utility.

This is because a Possession utility is a term used in estate management services to describe the proportion of suitability or perceived value from owning a product.

Therefore, in this case, a real estate agent providing possession utility for a home creates a financing term toward possession of the home.

This possession utility is expected to lead to a high chance of home sales.

Other types of economic utility include the following:

Place;Form;Time.

Hence, in this case, it is concluded that the correct answer is "Possession utility."

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4. You hire three individuals as independent contractors (gardener, hairdresser, handyman). What is the maximum you can annually pay each and NOT be required to report the earnings to the IRS on a Form 1099-MISC?

A. I don't know
B. $0 - I am not required to report their earnings because they are independent contractors
C. $259
D. $499
E. $599
F. $1,899

Answers

Answer:

c

Explanation:

the purchase and sale of long-term assets and current investments are classified as:

Answers

ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.

Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.

It is the purchase as well as sale of long-term assets at a given period.

Therefore, Investing activities is correct.

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The transition from high school to college/technical school or an
immediate job is a big change and students often gain new
responsibilities when they progress into adulthood. What responsibilities
do you see yourself having after high school? How will you manage your
time effectively?

Answers

You should see yourself having responsibilities such as rent, time management, bills, taxes, etc

Judith, a salesperson for an automobile firm, gives a presentation to a buying agent. During her presentation, she gives the buyer a letter from a customer in New York. The letter praises the efficiency of the supply chain process of Judith's firm and compliments the punctuality and timely delivery of the products. This letter is an example of a(n) _____.

Answers

Answer:

Testimonial

Explanation:

what is the importance of the floriculture in nepal

Answers

Explanation:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

Answer:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

after returning home from a trade show, ms. stephenson, the president of a manufacturing company, called a meeting of her production department. ms. stephenson explained the company would attempt to eliminate defects and repeated mistakes in employee performance through

Answers

Miss stephenson explained that policy of quality assurance will be implemented to eliminate defects and repeated mistakes in employee performance.

Quality assurance is a policy which intends to ensure that employees performed at optimal and quality level.

The policy aims to maintain and enhance the level of quality and performance of the employees.

Therefore, the goal of Miss stephenson will be implemented through the policy of quality assurance.

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Which is an advantage fixed rate loans have over variable rate loans?

O Interest rates are lower.

O Application costs are lower.

O Long-term budget planning is easier.

O The maximum loan amount is greater.

Answers

Answer:

Long-term budget planning is easier

Explanation:

It's better to use a debit card instead of a credit card when making online purchases. *1 pointTrueFalse

Answers

Answer:

F

Explanation:

Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percent (which is 1 percent below the Fed's full-employment target of 4 percent). According to the Taylor Rule, what value will the Fed want to set for its targeted interest rate

Answers

The government would set its targeted interest at 6.5%

Based on the Taylor's rule

R = π + A + 0.5(A-A*) + 0.5

This is the formula that helps to get the output gap

Definition of terms

R is the nominal federal funds rate

π is the real rate of federal funds = 2%

A is the rate of inflation

A* is the target of of inflation = 2%

Rate of unemployment = 3%

The government has a target of full employment that is at 4 percent.

When we enter the values into the formula

R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)

= 5% + 0.5% + 1%

= 6.5%

Therefore the government would set its targeted interest at 6.5%

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Recall the methods of influencing followers discussed in Chapter 13. Which decision making style likely best fits with the influence tactic of collaboration

Answers

The decision-making style that is likely to fit best with the collaboration influence tactic is the behavioral style, which focuses on interpersonal relationships.

In this style of decision making, the leader seeks to positively influence his team through collaboration tactics, as his leadership style is geared towards integration between teams.

The decision-making process takes place in a collaborative search for information and evaluation of employees' reactions to a decision, being able to ask for advice and search for new ideas before making the decision.

Therefore, in the behavioral style, it is more likely to have integration, communication and increased motivation at work, as employees feel valued for being included in important decision-making.

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One of the first things to do to prepare for a job interview is to _____. A. Ask for a formal offer letter b. Plan how to spend your first paycheck c. Research the company d. Send a follow-up letter Please select the best answer from the choices provided A B C D.

Answers

Answer:

c reasearch the company

Explanation:

Answer:

C is correct

Explanation:

i took the test

the motor city miracle playoff game took place on january 8, 2000, when the tennessee titans returned a kickoff for a touchdown with 16 seconds left. what team did the titans beat in that game?

Answers

In January 8, 2000, the Motor City Miracle Playoff game took place that saw the Tennessee Titans play the Buffalo Bills.

The Motor City Miracle Playoff game:

Was played between the Buffalo Bills and the Tennessee Titans Ended in victory for the Titans Saw the Titans win with 16 seconds to go

In this very intriguing game, the Buffalo Bills were well on their way to victory after they scored a field goal with 16 seconds to go. The Titans however, scored a touchdown in those mere seconds to win the game 22 - 16

In conclusion, the Tennessee Titans played the Buffalo Bills.

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When freelancers sell to publisher the right to use a piece only once, and there is no guarantee that it has not been published elsewhere first, this arrangement is known as a transfer of

Answers

Answer:

One time rights.

Explanation:

Competition is to be expected in capitalist economies.

True
False

Answers

Answer:

True

Explanation:

Capitalism works because it encourages competition

Nick invested $2,000 in a bank savings account today and another $2000 a year from now. If the bank pays interest of 10 percent per year, how much money will Nick have at the end of two years

Answers

Answer:

$4,620

Future value of two cash flows = [PV × (1 + i)2]+ [PV × (1 + i)] = [$2,000 × (1 + 0.10)2] + [$2,000 × (1 + 0.10)] = [$2,000 × (1.10)2] + [$2,000 × (1.10)] = [$2,000 × 1.21]+ [$2,000 × 1.10] = $2,420 + $2,200 = $4,620

Explanation:

If the product price is $100, average variable cost $40 per unit, and the total fixed costs are $120,000, what is the breakeven point

Answers

The breakeven point is 2000.

Breakeven point are the number of  units sold at which net income is zero. It is a function of fixed cost, price and average variable cost.

Breakeven point = fixed cost / (price - average variable cost )

Fixed cost is cost that does not change regardless the level of output.

Average variable cost is total variable cost divided by output.

Price is the going price of an item.

Breakeven point = $120,000 / ($100 - $40)

$120,000 / $60 = 2000

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how is self employment an alternative to large scale industries?

Answers

Answer:

The self-employment involving activities on a small-scale is a good alternative to large scale business which has brought various evils like environmental pollution, development of slums, exploitation of workers, and so on. In self-employment there is no limit of earnings as is the case with wage employment.

explain one opportunity cost in relation to consumers and producers and government (6)​

Answers

Opportunity cost is the cost of missing out on the next best alternative. In other words, opportunity cost represents the benefits that could have been gained by taking a different decision.

All businesses have to make choices - and those choices have implications.

In business, resources are usually scarce or limited. Decision are made under circumstances of uncertainty and taking one course of action or decision may affect business ability to take an alternative action.

Opportunity cost measures the cost of a choice made in terms of the next best alternative foregone or sacrificed.

Examples of Opportunity Cost in the Business & Economic Environment

Work-leisure choices

The opportunity cost of deciding not to work an extra ten hours a week is the lost wages given up.

Government spending priorities

The opportunity cost of the government spending an extra £10 billion on investment in National Health Service might be that £10 billion less is available for spending on education or defence equipment.

Investing today for consumption tomorrow

The opportunity cost of an economy investing resources in new capital goods is the production of consumer goods given up for today.

Use of scarce farming land

The opportunity cost of using farmland to grow wheat for bio-fuel means that there is less wheat available for food production, causing food prices to rise

Trade-offs

A trade-off arises where having more of one thing potentially results in having less of another. The table below lists some examples of how trade-offs often arise in business - as a result of resource scarcity.

the stock price of ajax inc. is currently $105. the stock price a year from now will be either $130 or $90 with equal probabilities. the interest rate at which investors can borrow is 10%. using the binomial opm, the value of a call option with an exercise price of $110 and an expiration date 1 year from now should be worth __________ today.

Answers

Answer:

the linkers be like I got you.

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