Business, 23.10.2019 00:00 shanice13

Kathy left her classic 1978 volkswagen convertible at freddie’s service station, requesting a "tune-up." when she returned that evening, freddie’s bill was $374. kathy stated that firestone and sears advertise tune-ups for $70, and she asked freddie, "how can you justify this bill? " freddie responded, "carburator work." kathy refused to pay the bill and left. that evening, when the station closed, she took her other set of keys and removed her car, after placing a check in the station’s mail slot. the check was made out to freddie’s service station for $200 and stated on its face: "this check is in full payment of my account with you regarding the tune-up today on my 1978 volkswagen convertible." freddie cashed the check in order to meet his business expenses and then sued kathy for the difference owed. what result?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 07:10

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Answers: 1

Answer

Business, 22.06.2019 10:30

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Answers: 2

Answer

Business, 22.06.2019 12:50

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

Answers: 3

Answer

Business, 22.06.2019 13:30

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.

Answers: 1

Answer

You know the right answer?

Kathy left her classic 1978 volkswagen convertible at freddie’s service station, requesting a "tune-...

Questions