Business, 25.04.2020 01:34 katarah42

Marilyn contracted with Joe's Builders to build an addition to her house for $50,000. After digging the foundation, Joe's Builders decides that it will take more work and more materials than it had originally thought, and that it will need to charge an additional $10,000 to make a profit on the job. Assuming Marilyn agrees to the extra $10,000, which of the following is correct?

a. Marilyn will have to pay $20,000.
b. This is a contract under seal which is enforceable.
c. This is a modification of a pre-existing contract, which under common law must be supported by additional consideration on the part of Joe's Builders.
d. This is the settlement of a disputed debt that requires no additional consideration on the part of Joe's Builders.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 22:30

Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be

Answers: 1

Answer

Business, 22.06.2019 02:00

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

Answers: 2

Answer

Business, 22.06.2019 03:30

Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.

Answers: 3

Answer

Business, 22.06.2019 14:30

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

Answer

You know the right answer?

Marilyn contracted with Joe's Builders to build an addition to her house for $50,000. After digging...

Questions