Give two practical examples to to explain “sufficiently certain in its terms” in contract law
Q: In your own words, describe what the process is for an external review where a taxpayer is…
A: When a taxpayer is unsatisfied with the Australian Taxation Office (ATO)'s response to their…
Q: James sold his 1965 e-type jaguar car to Shirley for $18,500. During the negotiations James claimed…
A: A valid contract typically requires the following elements: offer, acceptance, consideration,…
Q: correct answer please
A: We know that, the formula for capital gains yield is: Capital Gains Yield = Purchase Price Selling…
Q: Hello, is it possible to explain me points below? Historical development of international…
A: Nothing further.
Q: The andrews company has just..accounting q
A: Step 1: Define Straight-Line MethodThe straight-line method is one of several methods used to…
Q: Discuss how ethnocentrism and stereotyping differ.
A: Approach to solving the question:In addressing the question, my approach involved defining…
Q: George agrees to sell his 20 foot sailboat to Charlie for $500. The sailboat has a market value of…
A: In contract law, consideration is something of value that is given in exchange for something else.…
Q: Tom, Dick and Harry are accounting students at a Sydney university. They all come from the country,…
A: The scenario describes a situation where Tom, Dick, and Harry are renting a house. They have signed…
Q: Calculate APR by table lookup: Note:Round your answers to the nearest cent. Number of Monthly…
A: To calculate the APR using the table lookup method, we need to find the periodic interest rate that…
Q: provide answer with explanation
A: Given: Sales Revenue= 60000Net Income= 21600 Calculate the net profit margin ratio. Net profit…
Q: When some 250 IT workers at Walt Disney Parks and Resorts were laid off in 2015, a condition of…
A: The case involving the Walt Disney Parks and Resorts layoff of IT workers in 2015 highlights several…
Q: State whether the following contracts are valid, unenforceable or illegal. a) Sam pays $10,000 to…
A: Before we can determine the validity, enforceability, or illegality of these contracts, we need to…
Q: A contract creates Question 7Answer a. only rights and no obligations, b. rights in rem, c.…
A: In legal terms, the concept of "rights in personam" refers to rights that are enforceable against a…
Q: A company that install Security Systems offers to pay a referral fee for all leads that are able to…
A: In the example case, a security systems provider promises to pay a referral fee for leads generated…
Q: Summarize chapters 3 and 4 of Foundations of Business 7ed
A: Chapter 3: Business in a Global EconomyOverview: The function of international commerce and the…
Q: Steven, an accountant, returning from his office, calls into a pub for a relaxing drink. He bumps…
A: Firstly, it's important to understand the legal position. In this case, Steven, as an accountant,…
Q: Using the CREAC & APA Analyze the subject based on the decision marking rubric attributed to…
A: CREAC Analysis (Conclusion, Rule, Explanation, Application, Conclusion)Conclusion:The engineering…
Q: a valid offer and a nonoffer
A: An Offer That Is Valid and a NonofferTo ascertain if a legally binding agreement may be formed, it…
Q: Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of…
A: First, we need to calculate the bad debt expense. This is done by multiplying the total sales for…
Q: examples of landmark case laws where the offer is not clear ?
A: The first case, Carlill v. Carbolic Smoke Ball Co., is a landmark contract law decision in which a…
Q: General Accounting Question Solution
A: Step 1: Information givenNumber of years (N) = 5Initial Value = $18,373Final Value = $6,819 Step 2:…
Q: how would a hotel better prepare for renovations when it comes to getting permits and approvals on…
A: Preparing for hotel renovations involves a meticulous process, especially when it comes to obtaining…
Q: Which agreement would be binding even though it is not in writing? A contract…
A: The Statute of Frauds is a legal principle that requires certain types of contracts to be in writing…
Q: On January 2, Year 3, Arch and Bean contributed cash equally to form the JK Partnership. Arch and…
A: First, we need to calculate Arch's share of the partnership's net income. The partnership's net…
Q: none
A: Step 1: Definition of Direct Labor Efficiency VarianceThe Direct Labor Efficiency Variance measures…
Q: Please given answer accounting question
A: Step 1: Define Note ReceivableThe note receivable is an asset for the business, its an investment on…
Q: Harry lends his car to his friend Alice for the month of January while she is away on holiday…
A: In legal terms, ownership refers to the ultimate and exclusive rights and control over property.…
Q: (a) What, according to Cranston (2nd or 3rd edition), is shadow banking? (b) Do you think it was…
A: (a) What, according to Cranston (2nd or 3rd edition), is shadow banking?Detailed Explanation Shadow…
Q: Give me solution
A: Concept of Manufacturing OverheadManufacturing overhead includes all indirect costs associated with…
Q: Don't want AI answer
A: Calculate the Retention Ratio:The retention ratio is the proportion of earnings kept within the…
Q: Business law disucss
A: The Agency Relationship and Vicarious Liability in Business LawIn the context of business law,…
Q: ??
A: Step 1: Calculation of cost of equipmentPurchase price = $23,500Shipping cost = $750Installation…
Q: with my case, Gaite v. Fonacier, 112 Phil. 728. with the laws that have been violated in this case…
A: The case of Gaite v. Fonacier (G.R. No. L-11827, November 29, 1961, 112 Phil. 728) primarily…
Q: A revocation is the calling back of the offer by the offeror, with the exception of an option…
A: An offer is a proposal made by one party (the offeror) to another party (the offeree) indicating a…
Q: Which of the following is a VOID contract? Question 5 options: A) A…
A: A void contract is a contract that is not legally enforceable. This means that the contract cannot…
Q: Jill is a known prostitute, rented an apartment from Jacob. Jacob is unaware of Jill’s profession…
A: The IRAC model is a framework used in legal analysis to structure a written argument or legal…
Q: A business agreement was drawn up between the parties, containing a clause which specifically stated…
A: In the context of contract law, an intention to create legal relations is a necessary component for…
Q: Murray is a fourth-generation antique collector. His family immigrated to the Americas during the…
A: Detailed explanation: In determining whether there was a valid contract between Murray and the…
Q: Jud says to Mike, "I'll sell you my computer for $500 if you put a jock strap on your head and run…
A: In business law, an offer is a proposal by one party to another to enter into a contract. The offer…
Q: Stark Corp. reported gross income from operations of $350,000 and operating expenses of $375,000…
A: Step 1: Identify Given DataGross income from operations = $350,000Operating expenses =…
Q: 1. Marcus would like to save up $3 million for his retirement. He has chosen a stock index fund that…
A: To calculate how much Marcus needs to save each month, we can use the formula for the future value…
Q: Kevin has remitted $8,000 tax instalments during 2023 in respect of income taxes due on…
A: Step 1: Understanding Tax InstallmentsTax installments are payments made throughout the year to…
Q: Critically examine the concept of corporate personality using case law. Use at least 5…
A: The concept of corporate personality refers to the legal principle that a company is recognized as a…
Q: this is my case: Gaite v. Fonacier, 112 Phil. 728 hi. here"s my case, this is business law (oblicon)…
A: The case enforces some fundamental principles in Oblicon:The terms of the contract should be…
Q: Which statement best explains the federal constitutional and statutory rights of educators?
A: The federal constitutional rights of educators primarily stem from the First Amendment, which…
Q: Compute the total cost of the warehouse
A: Explanation of Direct Costs: Direct costs are expenses that can be traced directly and exclusively…
Q: Generally, what must a plaintiff show in order to collect damages for breach of contract?…
A: The question is asking what a plaintiff must demonstrate in order to be awarded damages for a breach…
Q: What are the consequences or benefits of alternative treatment to drug offender?
A: Alternative treatment for drug offenders refers to non-punitive measures that are used instead of…
Q: How is corporation formed?
A: Approach to solving the question: Detailed explanation:A corporation is typically formed through a…
Q: Similar to how national cultures are neither completely individualistic or completely collectivist,…
A: True. No economic system is purely individualistic or collectivist. Every economic system is a mix…
Give two practical examples to to explain “sufficiently certain in its terms” in contract law

Step by step
Solved in 2 steps
