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Aleonysh [2.5K]
2 years ago
10

Martha contacts a bakery to get a cake for her son's birthday party.She tells the baker that she will pay him $150 for the cake

if he delivers the cake on Friday evening.If the baker does not deliver the cake on Friday evening,which of the following is accurate?
A) Martha can sue the baker but cannot recover damages.
B) Martha can sue the baker and recover $150 in damages.
C) Martha cannot sue the baker.
D) The baker must pay Martha $150 plus the cost of a replacement cake,as he entered into a verbal contract with her and did not perform his legal obligation.
Business
1 answer:
polet [3.4K]2 years ago
6 0

Answer:

C) Martha cannot sue the baker.

Explanation:

Martha cannot sue the baker because she has not suffered any contractual damages.  The verbal agreement was a conditional contract. The baker would have been paid if he delivered the cake on Friday.

Because the baker failed to deliver the cake, Martha is not under any obligation to pay him. Although Martha was inconvenienced, she did suffer financial losses. She cannot sue for any damages as the contract did not materialize.

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Assume that Brazil and Mexico have floating exchange rates. Other things unchanged, if the price level is stable in Mexico but B
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Explanation:

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6 0
2 years ago
On January 1, Year 1, Price Co. issued $190,000 of five-year, 6 percent bonds at 96½. Interest is payable annually on December 3
Tasya [4]

Answer:

a) Cash received = $183,350

b) Interest expense = $12,730

c) Carrying value = $186,010

Explanation:

As per the data given in the question,

a) Face value of bond = $190,000

Issued at =0.965

Cash received = $190,000 × 0.965

= $183,350

b) Discount on bonds payable = $190,000 - $183,350

=$6,650

Annual amortization of discount on bonds payable =$6,650÷5

= $1,330

Cash interest = $190,000×0.60

= $11,400

Interest expenses = $11,400+$1,330

= $12,730

c)

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6 0
2 years ago
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assem
vodka [1.7K]

Answer:

Total cost= $753.75

Explanation:

Giving the following information:

The predetermined overhead rates:

Assembly= $13 per direct labor-hour

Testing & Packaging= $9.00 per direct labor-hour.

The company’s direct labor wage rate is $16.00 per hour.

Job N-60:

Assembly;

DM= 340

DL=180

Testing & Packaging:

DM= 25

DL= 40

To calculate the overhead applied to each department, first, we need to calculate the direct labor hours:

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Testing= 40/16= 2.5 hours

Now, we can allocate overhead:

Assembly= 11.25 hours*13= $146.25

Testing= 2.5 hours*9= $22.5

Total cost= DM + DL + Allocated overhead

Total cost= (340 + 25) + (180 + 40) + (146.25 + 22.5)= $753.75

8 0
2 years ago
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The correct answer here would be 
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