subject
Business, 27.06.2020 23:01 Rodriguezi4971

Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms. The offer stated that a telegraphed acceptance was required. Within a reasonable time, Louis telephoned Laura to accept. Which of the following is a true statement about this situation? A) Louis can use promissory estoppel to enforce a contract here.
B) Louis's telephone call would be a good acceptance as this case involves a sale of goods.
C) Louis has not accepted and there is no contract.
D) Louis has accepted because a telephone call is a reasonable means of acceptance.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
Chip wilson has hired goldman sachs, an investment banking company, to assist him with a hostile takeover of lululemon. wilson's goal is to hire a new board of directors because he believes there is a need for a more long-term focus. goldman sachs is a proven firm at making a profit in every move that they make. if the hostile takeover does not pan out, what could be another motive for investors?
Answers: 1
question
Business, 22.06.2019 06:30
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
question
Business, 22.06.2019 14:50
One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 2
question
Business, 22.06.2019 17:00
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
You know the right answer?
Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material t...
Questions
question
Health, 03.06.2021 22:00
question
Physics, 03.06.2021 22:00
question
Mathematics, 03.06.2021 22:00
question
Mathematics, 03.06.2021 22:00
question
Mathematics, 03.06.2021 22:00
question
Mathematics, 03.06.2021 22:00
question
Computers and Technology, 03.06.2021 22:00
Questions on the website: 13722360