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SCORPION-xisa [38]
2 years ago
5

Chris promises dina $40,000 if she graduates from eagle college. dina enrolls in eagle, attends full-time for four years, and gr

aduates. when dina asks chris for $40,000, chris says, "i don't re¬member promising you $40,000. but if there was a promise, it's not en¬forceable, because we didn't bargain for it. and even if there was a prom¬ise that would otherwise be enforceable, i revoke it now." can dina en¬force chris's "prom¬ise"? why or why not?
Business
1 answer:
Katen [24]2 years ago
7 0
A verbal contract is generally legally binding, but enforcement requires a significant burden of proof. In this particular instance, there would be exceptional difficulties in compelling Chris to pay. 
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Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something
dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

8 0
2 years ago
Flow Company has provided the following information for the year ended December 31, 2014:Cash paid for interest $20,000Cash paid
Rudik [331]

Answer:

The correct option is B,A net inflow of $2,000

Explanation:

The net cash flow  from investing activities is the cash dividends received minus cash paid for equipment purchase plus cash received from sale of land

Cash dividends received is $4,000

cash paid for equipment purchase is $27,000

Cash received from the sale of land is $25,000

Net cash flow from investing activities=$4000-$27,000+$25,000=$2000

The correct option ,therefore, is B, a net cash inflow of $2000 from investing activities

4 0
1 year ago
Assume the Atlas Corporation is expected to pay a $5 cash dividend next year. Dividends are expected to shrink at a rate of 3% p
Simora [160]

Answer: $40

Explanation:

First find the required return using CAPM;

Required return = Riskfree rate + beta * (Market return - riskfree rate)

= 6% + 0.5 * (13% - 6%)

= 9.5%

Then use DDM to determine intrinsic value;

= Next dividend / (Required return - growth rate)

= 5 / (9.5% - (-3%))

= $40

3 0
1 year ago
The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks
Brut [27]

Answer:

<u></u>

  • <u>17.5%</u>

Explanation:

The <em>expected return</em> is the weighted average of the expected returns in each scenario by its respective probability.

The <em>distribution of the holding period returns </em>(HPR) under three different scenarios is:

State of the economy    Scenario #(s)     Probability, p(s)    HPR

HPR Boom                         1                            0.336              28.40%

Normal growth                  2                           0.414                7.90%

Recession                          3                           0.25                18.90%

The calculations are:

        E(HPR) = 0.336\times 28.40\%+0.414\times 7.90\%+0.25\times 18.90\%

        E(HPR)=17.5\%

6 0
2 years ago
Chuck Olson, age 16, buys a used car from Bobby Duncan Used Cars Center on September 15, 2006. Olson agrees to pay $200 a month
lukranit [14]

Answer:

Olson can successfully press charges and force Duncan to take care of the damages caused to the car ( D )

Explanation:

Chuck Olson age 16 ( a minor ) can successfully press charges and request/force Bobby Duncan used cars center to take care of the damages caused to the car. this is because according to traditional common laws a contract entered by a minor is considered null and void hence Olson can successfully disaffirm the contract and Bobby Duncan would have to accept the damages and take care of them.

A minor is not required by traditional common law to entered into any form of obligatory contract.

8 0
2 years ago
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