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IceJOKER [234]
2 years ago
10

Darin bought his fiancée Sarah a 3-carat diamond ring for $43,121 from Mandarin Gems. Later, Mandarin supplied the newlyweds wit

h a written appraisal valuing the engagement ring at $45,500. Years later, the couple divorced and Sarah kept the ring. When she had the ring reappraised, another gemologist assessed its value at only $20,000. Sarah sued Mandarin for breach of contract, but the jeweller defended by saying that it had never made a contract with her. Does Sarah have contract rights against Mandarin?
Business
1 answer:
aalyn [17]2 years ago
7 0

Answer:

Yes

Explanation:

Based on this information, it can be said that this is part of the court case Schauer v. Mandarin Gems of Calfornia. Which in term ended as the court held that Sarah was an intended done beneficiary since Darin made it very clear to Mandarin that its purpose was as an engagement ring for Sarah. Therefore even though Sarah was not a party to the contract that took place between Darin and Mandarin when purchasing the ring, she still has a right to enforce that contract and all the information that took place during it.

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Arrange the types of investments in the correct order from the least risky to the most risky investment. (speculative stocks, re
jolli1 [7]

I believe the answer is:


1/Retirement plans

Especially the one that arranged by the government since it guaranteed by Federal banks

2/Property

The value would almost always increasing over time


3/A-rated bonds

A- rated bonds is score that given to the bond that have strong chance of return by credit rating company

4/Speculative stocks

If speculative stocks is scored by rating company, it would become B-rated or lower.

8 0
2 years ago
Read 2 more answers
You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to e
PIT_PIT [208]

Answer: Their Accounts Receivable balance will not be accurate.

The income account will show duplicate income.

Explanation:

Based on the information given in the question, the problem that this will cause is that there'll be an incorrect balance that is shown in the balance of the accounts receivable.

Also, there'll be a duplicate income entry that is created in the income account.

3 0
2 years ago
Python Company sells merchandise on account for $5000 to Monte Company with credit terms of 2/10, n/30. Monte Company returns $1
Lisa [10]

Answer:

amount of the check  =  $3430  

Explanation:

given data

sells merchandise account =  $5000

credit terms of 2/10, n/30

Company returns =  $1500

to find out

amount of the check

solution

we will find here amount of the check that is express here as

amount of the check =  (sells merchandise account -  Company returns) × (100 - n )    .......................1

put here value in equation 1 we get    

amount of the check  =  (5000 - 1500 ) × (100% - 2%)

amount of the check  =  (3500 ) × (98%)  

amount of the check  =  $3430  

7 0
2 years ago
The newborn's vision is estimated to be _____ on the snellen eye examination chart. 20/20 20/200 20/600 20/1200
Nimfa-mama [501]
Snellen chart is an eye chart that can be used to measure visual acuity by determining the level of visual detail that a person can discriminate. The newborn's vision is estimated to be 20/200 on the Snellen eye examination chart. This means the new born can see at 20 feet what a normal adult can see at 200 feet. 
6 0
2 years ago
Read 2 more answers
Victoria has $4000 to put toward consumption this month. She believes there is a 30% chance she will have a bike accident this m
aliina [53]

Answer:

If Victoria purchases insurance, she will have (4000-1200) = $2800 for consumption. Now even if she has an accident, she will not have to incur any medical costs.

So the expected value of Victoria’s consumption should she purchase the insurance cover is $2800.

Expected utility should Victoria purchase insurance will be equal to the total utility as Victoria will surely have 3100 for consumption.

E(U )= 3100^{0.8}

E(U) = 621 (rounded off to nearest integer)

5 0
2 years ago
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