answer.
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
11Alexandr11 [23.1K]
2 years ago
10

easure of Damages. Before buying a house, Dean and Donna Testa hired Ground Systems, Inc. (GSI), to inspect the sewage and water

disposal system. GSI reported a split system with a watertight septic tank, a wastewater tank, a distribution box, and a leach field. The Testas bought the house. Later, Dean saw that the system was not as GSI described—there was no distribution box or leach field, and there was only one tank, which was not watertight. The Testas arranged for the installation of a new system and sold the house. Assuming that GSI is liable for breach of contract, what is the measure of damages?
Business
1 answer:
kap26 [50]2 years ago
4 0

Answer:

The Testas will probably be entitled to compensatory damages since they probably overpaid for the house. If they had known that the house did not have a proper sewage and water disposal system, they would have probably offered a lower price for the house or might have even decided not to buy it. The amount of the damages should be equal to the difference in the price of the house having a proper sewage and water disposal system vs. not having it.

You might be interested in
Match to correct letter option
dusya [7]

Answer:

A. Money left over after taxes are paid - Disposable income

B. Quantity theory of money helps explain the shape of this - Real

C. Part of GDP s definition that captures the quality of goods and services - Market Value

D. Caused by a fall in the money supply - Final

E. Part of GDP s definition that means you exclude used goods and services - Real

F.  Sticky prices/wages justifies its shape - Final

G. Part of GDP s definition that means you exclude intermediary goods and services - Market Value

H. Used to make loans - Excess reserves

I. Used to cover withdraws - Disposable income

J. Interest rates are at their lower bound - Real

K. Represents the economy s fundamentals, such as population, capital, and technology - LRAS

L. Adjusted for inflation Final

M. Caused by a collapse of the stock market - Market Value

Explanation:

Long run aggregate supply is adjusted based on the products produced in the country. The supply rate is also adjusted based on demand factor. GDP is the monetary value of all goods and services produced in the country during a certain period.

5 0
2 years ago
Gerard has been offered a 4% interest rate on a $300,000 mortgage. His monthly mortgage payment would run about $950 per month.
AleksandrR [38]

Answer:

Down payment

Explanation:

Down payment is a initial cash outlay at the time of purchasing any capital intensive item (house, machinery, vehicles etc.) through lease or mortgage.

Down payment reduces the total amount of external financing required (Company financing the purchase) thus the down payment reduces the periodic installment and interest rate charge on the financing.

3 0
2 years ago
Which Decision Support System is a "calendar-driven process and offers the basis for informed affordability assessment?"
creativ13 [48]

Answer: Planning, Programming, Budgeting and Execution system (PPBE).

Explanation:

The decision support system that is a "calendar-driven process and offers the basis for informed affordability assessment is the Planning, Programming, Budgeting and Execution system (PPBE).

The Planning, Programming, Budgeting, and Execution (PPBE) is simply used in the allocation of resources.

8 0
2 years ago
Atlas Manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. Currently Atlas produces 40
LekaFEV [45]

Answer:

The Total manufacturing costs will increase while the unit manufacturing costs will decrease

Explanation:

The most likely behavior of the total manufacturing costs as well as the unit manufacturing costs is that the Total manufacturing costs will increase while the unit manufacturing costs will decrease because Atlas Manufacturing has the capacity to produce 50,000 valves annually which is per year in which it produces 40,000 valves and is about to increase the production to 45,000 valves the next coming year which will cause the manufacturing costs to increase and inturn cause the unit manufacturing costs to decrease.

6 0
2 years ago
Nivea became the leader in the skin cream class on the "gentle," "protective," and "caring" platform. The company further moved
Nastasia [14]

Answer:

C) category points-of-parity.

Explanation:

With category points-of-parity the emphasis is on Nivea brand offering the relevant category features. These are features a brand must have to be considered competitors in a particular industry.

So for deodorants people want to know if they are strong, will the shampoo clean effectively, and will cosmetics be colourful.

Without these key features in the products Nivea would lose competitive advantage.

8 0
2 years ago
Other questions:
  • Mark Company’s balance sheet reported total assets of $754,000, which include: cash, $48,000; accounts receivable, $130,000; lan
    9·1 answer
  • Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?
    8·1 answer
  • Blair Madison Co. issues $1.9 million of new stock and pays $281,000 in cash dividends during the year. In addition, the company
    5·1 answer
  • Planter Corporation used debentures with a par value of $566,000 to acquire 100 percent of Sorden Company's net assets on Januar
    7·1 answer
  • Barbara went to a business dinner, and unlike her colleagues who simply placed orders for "red" wine, Barbara requested a bottle
    9·1 answer
  • The HR department wants to ensure that the performance appraisal process is fair. When managers at Hautelook rate their subordin
    15·2 answers
  • Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employ
    5·1 answer
  • Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with
    11·1 answer
  • A shoe factory sells a certain brand of shoes for $50 per pair. After a celebrity
    9·2 answers
  • Ben and Miranda recently sold some land they owned for $150,000. They received the land and a check equal to the amount of the t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!