subject
Business, 10.04.2020 20:23 braines2003

Desmond has been a fan of Crispin’s paintings for years and is thrilled when the artist promises togive him painting lessons. The two agree that Crispin will provide Desmond with five weekly lessonsfor $1,000 each, payable once the lessons are complete. After Crispin teaches Desmond two lessons, he sadly dies of a heart attack. Crispin’s estate sues Desmond for the $5,000 payment for the artlessons. What result?

a. Crispin’s estate will be able to recover the full contract price of $5,000.
b. Crispin’s estate will be able to recover $2,000 under the doctrine of promissory estoppel.
c. Crispin’s estate will be able to recover $2,000 in restitution.
d. Crispin’s estate will get nothing because the contract is discharged by his death.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:20
Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:
Answers: 2
question
Business, 22.06.2019 06:30
If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.
Answers: 3
question
Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
question
Business, 22.06.2019 19:40
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
You know the right answer?
Desmond has been a fan of Crispin’s paintings for years and is thrilled when the artist promises tog...
Questions
question
Health, 08.09.2021 01:40
question
Mathematics, 08.09.2021 01:40
question
Social Studies, 08.09.2021 01:40
question
Mathematics, 08.09.2021 01:40
Questions on the website: 13722362