Marco agrees to sell Clowns R Us some balloons. The contract states that Clowns may buy as many balloons as it wishes. This agreement is

Answers

Answer 1

Answer:

c

Explanation:

Answer 2

The agreement between Marco and Clowns R Us is an illusory contract. This is because Clowns R Us is not obligated to buy any balloons.

The contract states that Clowns may buy as many balloons as it wishes, but it does not say that Clowns must buy any balloons.

An illusory contract is not a valid contract because it lacks consideration. Consideration is something that each party gives up in order to make the contract binding.

In this case, Marco is giving up the right to sell balloons to other businesses. However, Clowns R Us is not giving up anything. It is free to buy balloons from other businesses or not buy any balloons at all.

As a result, the contract between Marco and Clowns R Us is not enforceable. If Clowns R Us does not buy any balloons, Marco cannot sue them for breach of contract.

Here are some other examples of illusory contracts:

A contract that states that one party may buy as many widgets as they wish at the price of $1 per widget.

A contract that states that one party may hire the other party for as many hours as they wish at the rate of $1 per hour.

A contract that states that one party may rent a car for as many days as they wish at the rate of $1 per day.

In all of these cases, the party that is not obligated to do anything is not giving up anything in order to make the contract binding. As a result, the contracts are not enforceable.

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Related Questions

An investor purchased 100 shares of Paradigm Publishing Corporation (PPC) on October 17, 2020. The price was $83 per share. On April 11, 2021, the investor wrote one PPC Nov 85 call for 3. At expiration date, the PPC stock is selling for $80 per share, and the investor liquidates the stock at the market price and the option at its intrinsic value. The net tax consequences are A) $300 long-term loss. B) $300 long-term gain. C) no gain, no loss. D) $200 short-term gain.

Answers

Based on the information given the net tax consequences are: C) no gain, no loss.

First step is to compute the breakeven point

Breakeven point=Purchase price-premium received

Breakeven point=$83-[($83-$80)]

Breakeven point=$83-$3

Breakeven point=$80

Based on the given details  we were told that the PPC stock is selling for $80 per share and based on the above calculation the breakeven point was also $80.

Therefore the tax consequences is no gain or no loss because PPC stock was sold out at the breakeven point.

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To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.

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The answer is motivating everyone to do a good job by promoting organizational goals

the price of a discount bond will increase over time, assuming that the bonds yield to maturity remains constant over time true or false

Answers

Answer:

its true

Explanation:

ikaw napo bahala kasi di ko alam

____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.

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Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.

For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.

Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

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When an insurance company needs to provide a payout, the money is removed from the consumer’s income. a bank loan. a pool of funds. the consumer’s account.

Answers

Answer:

a

Explanation:

got it right on edge

When an insurance company needs to provide a payout, the money is removed from the consumer's income is a bank loan. The correct option is a.

What is a money?

Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed; as currency, it circulates anonymously from person to person and country to country, thus facilitating trade, and it is the principal measure of wealth.

The piece of paper labeled 1 dollar, 10 euros, 100 yuan, or 1,000 yen is little different, as paper, from a piece of the same size torn from a newspaper or magazine, yet it will enable its bearer to command some measure of food, drink, clothing, and the remaining goods of life while the other is fit only to light the fire.

The subject of money has fascinated people from the time of Aristotle to the present day.

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As digital platforms increasingly embrace a subscription model, __________ of Americans say they now pay for online news.

Answers

Answer:

About 15-16%

Explanation:

Report shows that about 15% - 16% of American says they now pay for online news as digital platforms increasingly embrace a subscription model,

What is a digital platforms?

These are platform that uses a cloud technology for its software or programs for broadcast of news, movies etc

These digital platforms embraced a subscription model to cater for its operations.

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Which risk is most prominent when buying an umbrella for the rainy season?

A.

social risk

B.

performance risk

C.

psychological risk

D.

financial risk

Answers

Answer:

B.

Explanation:

Due to the rainy season when considering to buy a umbrella the largest risk or concern is how well it will work or its performance.

Answer:

It is NOT C

Explanation:

I had this on a test it is not C!

the ________ phase is the most important step in the sdlc process.

Answers

The most important phase of the SDLC is the requirement gathering and analysis phase because this is when the project team begins to understand what the customer wants from the project.

The Requirement Gathering  phase is the most important step in the SDLC process.

What is SDLC  important phases?

Software Development Life Cycle is known to be the use of standard business practices to create software applications.

It is known to be divided into eight steps which are:

PlanningRequirementsDesign Build Document Test DeployMaintain

Conclusively, we can say that the Requirement Gathering  phase is the most important step in the SDLC process as it is the stage where all the information needed for the project or work is put together.

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While developing a new product, in the product development stage, the first versions of products are used in further consumer testing. These first versions of products are called

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In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.

A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) main stages in the product-life cycle;

Introduction.Growth.Maturity.Decline.

A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.

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List one thing you SHOULD do if your car loan suddenly becomes too expensive.

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Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.

Answers

It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.

A decentralized organization simply means an organization where the decisions are made by the low-level managers.

Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.

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The process of measuring marketing results and adjusting the marketing plan as needed is called marketing ________.

Answers

Answer:

a new Long income in market to get a new meal

how much of the variation in worker wages can be accounted for by such measurable explanatory factors?

Answers

Answer:

I don't know. I think a lot of the variability in wages would be due to statistical noise.

Economists use the term ________________ to describe the part of the budget deficit that is a result of a downturn in economic activity.

Answers

Answer:

Cyclical deficit

Explanation:

a marketing strategy consists of the selection and analysis of a target market and

Answers

A marketing strategy  involves selection as well as analysis of a target market and examination of potential market regions.

A marketing strategy can be regarded as business's overall game plan that is set so that the prospective consumers can be reached and make them to become customers of the firm products or services.

It involves examination of potential market regions and the target market.

Therefore, the examination of potential market regions is correct.

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what is the name of the honor society for students in the ivy college of business?

Answers

The name of the honor society for students in the Ivy college of business is the Cardinal Key Honor Society.

The Cardinal Key Honor Society is simply a national organization for the students in American colleges and universities.

The honor society for students in the Ivy college of business is the Cardinal Key Honor Society. The Cardinal Key Honor Society is for the people who are seen as leaders in the college and community. They are also seen as potential leaders in the future.

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A chocolate store that sells hand-painted chocolate charges artificially high prices for its chocolates because customers associate high prices with superior quality. This is an example of

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When the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.

Prestige pricing refers to a pricing strategy where prices are set high because people believed that high product price is related to superior quality.

Example of product where prestige pricing is applied includes luxury phones, watches, perfumes, luxury automobiles etc.

Therefore, when the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.

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The managers of Tanika Enterprises are considering how well alternative plans may meet its high-priority goals, as well as identifying the cost of each initiative and its likely investment return. Tanika Enterprises is in the __________ stage of the planning process. Multiple Choice evaluating goals and plans analyzing the situation implementing goals and plans selecting goals and plans monitoring and controlling performance

Answers

Based on the planning process, the stage where Tanika Enterprises is currently at is: A. evaluating goals and plans.

Planning can be defined as a strategic process which involves the development of organizational goals and objectives, as well as translating them into action plans or courses of action.

Hence, planning is a strategic technique which is used by business enterprises to achieve the following:

Make an aggregate plan for its high-priority goals.Identifying the cost of each initiative.Predict investment return.

In Business management, there are five (5) essential stages in the planning process and these include:

1. Establishing your goals and objectives.

2. Determining your style of investment.

3. Evaluating your goals and plans.

4. Choosing the cost-effective and appropriate investment plan.

5. Executing and examining the investment plan periodically.

In this scenario, Tanika Enterprises is in the evaluating goals and plans stage of the planning process.

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_____ is the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes.

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The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

Profit can be defined as the amount of money earned after deducting all expenses.

A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.

In another word profit is the revenue generated after paying out all costs such as:

Interest costsTaxesLabor costsMaterial costs  etc

Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

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When did Lillie allow an external company access to her credit report specifically for an auto loan? 5/10/2015 6/5/2015 12/15/2016 5/10/2017

Answers

The question is about when Lillie allowed an external company to its credit report.

Lillie received a request by Toyota Financials for her credit report access on 5/10/2015 for an auto loan approval.

She provided the access on 5/10/2017 since the date of removal for this inquiry is 5/10/2017. There is a delay in providing access to the financials of about 2 years.

Lillie allowed access to the external company, Toyota Financial to her credit reports in order to satisfy the company about her financial position and grant her an auto loan.

The correct answer is 5/10/2017.

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how much money was spent on black friday this year?

Answers

Answer:

a lot of money was spent this year

Which bank does not charge at all for using the ATM?


Bank A

Bank B

Bank C

Bank D


ANSWER : Bank A

Answers

Answer:

Bank A

Hope my answer helps

Suppose a country spiraled into economic recession. What would John Maynard Keynes recommend to fight the recession?

Answers

John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand to pull the economy out of the recession..

John Maynard Keynes is an economist who was popularly known for creating the Keynesian theory of economics

The Keynesian theory of economics is one who who advocate for saving less and spending more, thereby, raising their marginal propensity to consume and economic growth.

Now, supposing that a country spiraled into economic recession, John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand and pull the economy out of the recession..

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Which savings account will earn the most interest?
A $5,000 at 4 percent interest compounded for four years
B. $10,000 at 2 percent interesi compounded for four years
C. $10,000 at 2 percent simple interest for four years
D. $5,000 at 4 percent simple interest for four years

Answers

The savings account that will earn the most interest is $10,000 at 2 percent interest compounded for four years.

What is simple interest and compound interest?

Simple interest rate is the interest that is paid only on the principal portion of a loan. Compound interest is when both the amount deposited and the interest already earn increase in value when interest is paid.

Thus, when an account is compounded and the other earns a simple interest, the account that earns a compound interest would have a higher value than the account that  earns a simple interest.

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Answer:

The answer is A. $5,000 at 4 percent interest compounded for four years.

Marvin places his telephone number on the national do-not-call list. After six months, Marvin is still receiving telemarketing calls. Particularly annoying to Marvin are the robocalls - those autodialed, prerecorded commercial telemarketing messages! Marvin hates telemarketing calls anyway, and if a live person cannot take the time to actually place the call, Marvin sure has no use for them. Marvin files a complaint with the Federal Trade Commission (FTC) about the robocalls. Marvin could also sue the companies that placed the calls. If Marvin chooses to sue the companies that placed the calls:

Answers

If Marvin chooses to sue the companies that placed the calls, it is very likely that he could get between $500 to $1,500 as damages on every Text Message or Call that he got after he had placed his telephone number on the national do-not-call list.

This is so because the range of award in damages stipulated by the Telephone Consumer Protection Act (TCPA) falls right between that range. If it is established that the company intentionally continuously sent recorded calls or messages to its customers, against their wishes, then the maximum amount of $1,500 may be awarded.

The TCPA is a federal law. The Federal Communications Commission (FCC), help to enforce the TCPA.

Prohibited forms of Calls

There are several other types of communication that is prohibited by the TCPA. Marvin's case falls into the category of the National Do-Not-Call Registry. Any form of communication to numbers entered into such registry is deemed illegal.

Other categories are:

Making calls to mobile or residential phone lines using pre-recorded or artificially generated calls. This includes calls that enter in the voice mailbox of the recipient;Unsolicited adverts, which were sent to phones or faxes of the recipients.

It is important to note that not all the calls in the categories highlighted above are illegal. There are a few exceptions to the rule. They are, call from:

Public safety officialsSchools and CollegesNot-for-profit entitiesFinancial InstitutionsUtility Servicing companiesGovernment establishments etc.

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If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is

Answers

Answer:

25 percentage

Explanation:

if 4000 is equal to 100 percent what about one thousand the rate is equal to 25 percentage

Shida has had such great success with his IT consulting company for the last five years that he was able to pay himself a competitive salary within the first 18 months of operation. According to the GEM study, Shida is a/an ______.

Answers

Shida is seen as potential entrepreneur according to the GEM study.

GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.

The study conducted on Shisa as a IT Expert shows that the company tries to understand how his entrepreneur skills enables him to pay himself a competitive salary within the first 18 months.

Therefore, Shida is seen as potential entrepreneur according to the GEM study.

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A corporate bond pays interest on a J/J 15 schedule. An investor purchasing these bonds on Friday, April 17, would pay accrued interest for A) 95 days. B) 92 days. C) 91 days. D) 96 days.

Answers

The corporate bond, which pays interest on a J/J 15 schedule, means that the investor purchasing the bonds on Friday, April 17, would pay accrued interest for D) 96 days.

Each month of a corporate bond contains 30 days. If the corporate bond is for three months, then six additional days are given, making it a total of 96 days (30 x 3 (+ 6 days).

Thus, the investor's accrued interest would be for 96 days.

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Limited partners are not personally liable for partnership debts beyond their capital contributions. True or False

Answers

Answer:

F?

Explanation:

"A limited partnership has two types of​ partners: general and specific. ... Limited partners in a limited partnership invest capital but do not participate in management and are not personally liable for partnership debts beyond their capital contributions. E.A limited partnership must have one or more general partners."

Josie is trying to figure out how to implement her investing strategy. She wants to compare online
brokers, financial advisors and robo-advisors. What are 2 questions that she should consider during
her research? Note: You don't need to answer the questions, only ask them.

Answers

Considering the situation described above, the 2 questions that Josie should consider during her research include "In your respective industry, what is the most important advice you can give to a first-time investor.?"

The other question Josie should consider during her research include:

Considering the current pandemic period, which line of investment has stood the test of time?

These questions is expected to yield answers that would guide Josie on how to implement her investment strategy to yield desired results.

Hence, in this case, it is concluded that Josie needs to ask the right questions to give her informative answers that can be used in the investment implementation.

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In The Giver, chapter 14 Jonas and the new child were sleeping until in the middle of the night gabriel started whimpering. Jonas went to see what was wrong with Gabriel Solve for j.j 95 = 822j = which best describes the sex chromosomes Why do you share similar traits with your parents? Find the argument of the complex number 2 = 4+ 3i to the nearest whole degree. Give one reason why breakfast is very important for a construction worker. Los pasajeros estn (desembarcar) 1. You walk along a long straight school corridor for 55m, then you turn around and walk 30 m in theopposite. Finally, you turn again and walk 39 m inthe original direction and stop. What is yourdisplacement from your starting point? how long does it take for sunlight to travel from the surface of the sun to the earth Identify the slope and y-intercept for 3x + 4y = 9. Drag and drop the spelling words into the appropriate boxes,stablebeetlesaddlelabelConsonant-leConsonant el How to solve quadratic using completing the square. 10x is greater than or equal to 120 cm^2 For every $100 Oliver gets paid, Oliver donates $25 to charity. How much will he have donated if he earns $2,000? HELP ME PLEASE!!!!!!!!!!!! When Ruth Jones's alarm clock woke her at seven o'clock that morning, she had no idea that today would be the longest day of her life.Foreshadow: ______________________. This textual evidence is being foreshadowed becauseAnswer my question plzzzz!!! MATHWhich equation would you use to solve the following situation? If everybody on the team scores 4 points, and the team has a total of 28 points, how many people are on the team? 7 p = 28 4 p = 28 28 - p = 4 4 + p = 28 Select the statement that is false.O The Greeks knew the earth revolved around the sun.O The Greeks knew of the daily rotation of the earth.O The Greeks computed the diameter of the earth to near exactness.O The Greeks believed the earth was flat. A disposition to act in a morally praiseworthy way that is acquired by training and practice is called a _____. Is this a function?