A builder and a wealthy landowner entered into a written contract whereby the builder would build on the grounds of the landowner's estate a mausoleum, using imported Italian granite, to hold the remains of the landowner's recently deceased wife. The cost of the mausoleum was set at $100,000. After the contract was signed but before construction began, the builder learned that an unforeseen embargo prevented him from getting the granite he planned to use to build the mausoleum. He could get the granite from another source, but it would cost an additional $25,000. The builder explained the situation to the landowner, who agreed to pay $125,000 to have the mausoleum built. The builder prepared a writing stating that the price for the mausoleum was now $125,000. Both the builder and the landowner signed the writing. After the work was completed, the landowner gave the builder a certified check for $100,000 and refused to pay one penny more.If the builder brings suit against the landowner to recover the additional $25,000, will the builder likely prevail?A Yes, because the modification was fair and equitable in view of the unanticipated increase in the cost of granite.B Yes, because the later agreement was in writing and signed by the parties.C No, because the builder had a preexisting duty to do the work for $100,000.D No, because the 25% increase in price that the builder was trying to force on the landowner is unconscionable.

Answers

Answer 1

Answer:

If the builder brings suit against the landowner to recover the additional $25,000, the builder will likely prevail:

A Yes, because the modification was fair and equitable in view of the unanticipated increase in the cost of granite.

Explanation:

When the parties signed the original contract, the embargo on the importation of granite was not fully anticipated.  When the builder brought the modification to the landowner's attention, the landowner did not object.  Instead, he gladly and understandably signed the modified terms.  It was based on his modified agreement that the builder was able to perform his own side of the contract.  Therefore, the landowner should be honorable enough to abide by the modified contract price, which is, overall, not unconscionable.


Related Questions

Rivalry among competing sellers is generally more intense when Group of answer choices industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume. barriers to entry are high and buyer switching costs are high. barriers to entry are moderately high and the pool of likely entry candidates is small. buyer demand is growing rapidly. the industry's driving forces are strong and rivals have strongly differentiated products.

Answers

Answer:

industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume.

Explanation:

Rivalry refers to the competitions that take place among firms in an industry with the aim of capturing greater market share

rivalry is influenced by :

1. barriers to entry :

If barriers to entry is high, there would be few firms competing for customers, so there would less intense rivalry

2. differentiation of goods in the industry :

If goods are differentiated, goods are unique from that of competitors. so there would be less need for intense rivalry

"According to new growth​ theory, ______. A. prosperity will last but growth will not last because eventually the real interest rate​ falls, which slows the capital accumulation needed for growth B. growth can persist indefinitely C. growth rates and income levels per person around the globe will converge D. labor productivity grows most quickly in countries with the largest populations"

Answers

Answer:

argues

Explanation:

According to new growth theory option B. growth can persist indefinitely.

What is growth theory?

Growth theory is an economic framework that aims to explain the factors and mechanisms driving economic growth and development over time.

It seeks to understand why some economies experience sustained increases in their output (GDP), while others do not. Growth theory examines the role of various factors such as technological progress, human capital accumulation, capital investment, innovation, and institutions in driving long-term economic growth.

It provides insights into how economies can achieve higher standards of living and improve the well-being of their populations.

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Karen has been asked to head a team at work that is charged with finding new ways to develop products for their marketing group. She has asked her team members to begin exploring approaches that have worked in the past and to identify approaches that have not worked before. Karen wants her team members to start the process of Group of answer choices

Answers

Answer:

C. adopting a questioning attitude.

Explanation:

Since in the question it is mentioned that they have to develop the products for the marketing group so for this they started to exploring the approaches that worked on the past and identified those approaches that does not worked before so here she wants that the process should be begins by adopting the questioning attitude that means they are capable to identify the errors facing in a activities they perfomed

Therefore the option c is correct

"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.

Answers

Answer:

b

Explanation:

The monetary policy is not fundamently altered

In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.

Answers

Answer:

As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.

On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.

And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.

An increase in the wage rate causes Group of answer choices a decrease in the quantity of labor demanded. an increase in labor's marginal productivity. a leftward shift of the firm's labor demand curve. a rightward shift of the firm's labor demand curve.

Answers

Answer:

a decrease in the quantity of labour demanded.

Explanation:

Changes in wage rate leads to changes in the quantity of labour demanded and not a change in demand.

Changes in the quantity of labour demanded leads to a movement along the demand curve for labour and not a shift of the demand curve.

The quantity demanded of labour is inversely related to the wage rate.

An increase in the wage rate increases the cost of employing labour. As a result, the quantity demanded of labour falls

On the other hand, a decrease in the wage rate reduces the cost of employing labour. As a result, the quantity demanded of labour increases

What is the basis of the law of demand?
Group of answer choices

Self-interested behavior

Marginal utility

Utility curves

Market timing

Answers

market timing

Explanation:

because that way u wont miss customers

If you borrow $421 for 9 years at an interest rate of 4%, how much interest will you pay?

Answers

I will assume it as simple interest as nothing is mentioned

SI = (P × R × T)/100

SI = (421×4×9)/100

SI = 15156/100

SI = 151.56

You will pay $151.56

Answered by Gauthmath must click thanks and mark brainliest

Externalities may prevent competitive markets from operating efficiently because A. consumers may buy goods in the black market. B. market prices may reflect the activities of consumers or producers on others. C. the market may goods that generate externalities on others. D. the market may goods that generate externalities on others. E. producers may sell goods outside of the market.

Answers

Answer:

D. the market may oversupply goods that generate negative externalities on others.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, radio, table, etc.

In Economics, an externality could either be positive or negative depending on its effect on a third party.

A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.

On the other hand, a negative externality arises when the production or consumption of a finished product or service has a negative effect and/or impact (cost) on a third party.

This ultimately implies that, an externality is typically an unwarranted cost or benefit by a manufacturer or producer of goods and services that eventually affects a third party.

On a related note, externalities may prevent competitive markets from operating efficiently because the market may oversupply goods that generate negative externalities on others. Some examples of a negative externality is John declining to buy his favorite candy due to an increase in its price, a manufacturing plant that causes noise and pollution to the people living around where it is situated, etc.

Your clients, spouses Jared and Joaquim, are both 33 years old. They are concerned about saving money for a down payment on a home. Currently they have $120,000 set aside for that purpose. They plan to start a family in about a year and would like to buy the home in six months. The amount they have saved is more than 20% of the value of the homes in the area they want to move. They look to you for a place to save the money until they need it. Which of the following is the most suitable recommendation for the couple?

A) A 26-week T-bill
B) The Windmill Growth Fund
C) The Oldtime Life Insurance Company Variable Annuity
D) The Benji Money Market fund

Answers

Answer:

) The Oldtime Life Insurance Company Variable Annuity

What are the qualifications to become a primary teacher and a secondary? Write them.​

Answers

Answer:

The eligibility requirement for a Primary Teacher in a Government School is Senior Secondary School certificate or Intermediate or its equivalent, and Bachelor of Elementary Education (B. El. Ed.), or Diploma or certificate in basic teachers' training of not less than two years duration.

Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above

Answers

Answer:

I believe all of the above

Explanation:

went with what came to mind if its wrong very sorry.

A grocery store change, in the long run, is all of the above. Thus the correct option is D.

What is the importance of change?

In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in  achieving higher revenue by following trends and preferences.

If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.

A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.

The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.

Therefore, option D is appropriate.

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True or false: Regulations prohibit insider trading. It is illegal for anyone to transact in securities to profit from inside information, that is, private information held by officers, directors, or major stockholders that has not yet been divulged to the public. True false question. True False

Answers

Answer:

the answer for this would be true

For the year ended December 31, 2021, Norstar Industries reported net income of $965,000. At January 1, 2021, the company had 1,070,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 85,000 shares in a public offering.May 24 Declared and distributed a 5% stock dividend.June 1 Issued 96,000 shares as part of the consideration for the purchase of assets from a subsidiary.Required:Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Numerator = ? Denominator = ?Earnings per share = ?

Answers

Answer:

0.78

Explanation:

The computation of the earning per share is given below;

= $965,000 ÷ 1,239,000

= 0.78

The 1,239,000 comes from

= 1,070,000 × 12 ÷ 12 + 85000 × 8 ÷ 12 + 96,000 × 7 ÷ 12 + (1,070,000 + 56,667) × 5%

= 1,070,000 + 56,667 + 56,000 + 56,333

= 1,239,000

Short Answer Questions What is a public enterprise? Explain the main features of public enterprises. 1.​

Answers

Answer:

A business organization wholly or party owned by the state and controlled through a public authority is called public Enterprise.

Government ownership and control,main motive of service,autonomy,continuity is one feature of public Enterprise.

What are the two biggest enemies of coffee that affect the freshness of the beans (for my biggby job pls)

Answers

The answer is C I just know this to easybecause I took this test before and I got it right

President Hoover's approach to the Great Depression was to a leave the economy alone to work itself out of trouble. b nationalize major industries. c encourage the states to stimulate spending. d work for the breakup of business monopolies. e offer federal assistance to businesses and banks but not individuals.

Answers

Answer:

e. offer federal assistance to businesses and banks but not individuals.

Explanation:

Herbert Clark Hoover was democratically elected as the 31st President of the United States of America and he served from the 4th of March, 1929 to the 4th, March, 1933.

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

As a result of the aforementioned negative effects, struggling businesses had to lay off workers in order to try to remain open during the Great Depression.

However, President Hoover's approach to the Great Depression was to offer federal assistance to businesses and banks but not individuals.

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Lifelong Learning: Mastery Test
4
Select the correct answer.
Why do many organizations encourage their employees to be lifelong learners?
O A employees will be more able to handle increasing responsibilities
OB. employees will be more likely to follow company policies
OC employees will be more likely to remain loyal to the company
OD. employees will be more likely to interact well with each other
Reset
Next

Answers

Answer: A. employees will be more able to handle increasing responsibilities.

Explanation:

Lifelong learning refers to the ongoing pursuit of knowledge for personal or professional reasons. When a person is a lifelong learner, such person has a growth mindset and pushes himself or herself to find new ideas to solve challenges.

Several organizations encourage their employees to be lifelong learners in order for such employees to be able to handle increasing responsibilities. Some organizations send their employees to study some courses which will help in their growth and development and also to be able to handle certain responsibilities.

ECO Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand category in the apparel industry. Its strategy involved leveraging a network of organic cotton farmers and suppliers of environmentally responsible synthetic materials to create a product that is durable, attractive, affordable, and 100% recyclable. However, because it did not upgrade its outdated production facilities, ECO Jeans could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. ECO Jeans’ strategy failed because

Answers

Answer: it was not backed up with strategic commitments.

Explanation:

The reason why ECO Jeans’ strategy failed is because the strategy was not backed up with strategic commitments.

Strategic commitments refers to the decisions that are taken by a company which have a long-term impact on the company.

Since ECO jeans could not upgrade its outdated production facilities, the company could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. This could have had a positive impact on the company for a long term.

The Rybczynski theorem asserts that in a two-good world, and assuming that product prices stay constant, growth in the endowment of one factor of production, with the other factor unchanged, will lead to:
A. An equal percentage increase in the output of both goods.
B. An increase in the output of the good that uses the growing factor intensively and a decrease in the output of the other good.
C. An increase in the output of both goods but a greater percentage increase in the output of the good that uses the growing factor intensively.
D. An increase in the output of the good that uses the growing factor intensively and no change in the output of the other good.

Answers

Answer:

The answer is "Option b".

Explanation:

The theorem of Rybczynski affirms that certain expansion in the endowments of one factor of manufacturing throughout the two-good economy, with other unchanged factors, which would be the result in increased output for the product that employs the increasing factor as well as a drop throughout the output of the other good.

4. Write 5 examples for each of small, medium and large occupation categories. ​help please

Answers

Small and mid-size enterprises are businesses that maintain revenues, assets or a number of employees below a certain threshold. Each country has its own definition of what constitutes a small and medium-sized enterprise Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.

JPL Company has two segments - Retail and Commercial. The Retail segment has a contribution margin ratio of 40% and traceable fixed expenses of $70,000. Commercial has traceable fixed expenses of $50,000 and a contribution margin ratio of 55%. The company also has $30,000 of common fixed expenses. The break-even point in dollar sales for the Retail segment equals: Multiple choice question. $212,500 $116,667 $175,000 $250,000

Answers

Answer:

$175,000

Explanation:

Calculation to determine what The break-even point in dollar sales for the Retail segment equals:

Using this formula

Break-even point in dollar sales =Traceable fixed expenses/Contribution margin ratio

Let plug in the formula

Break-even point in dollar sales =$70,000 / 40% Break-even point in dollar sales = $175,000

Therefore The break-even point in dollar sales for the Retail segment equals:$175,000

What is one main objective in the study of economics?
RE
recognizing the types of services available to everyone
O recognizing the relationship between producers and consumers
O recognizing the reasons why consumers supply services
O recognizing the difference between producers and consumers

Answers

Answer:

O Recognizing the relationship between producers and consumers.

Explanation:

Economics is the study of how resources are used by people to produce goods and provide services. This branch of study focuses on the production, distribution, and consumption of goods and services.

While the study of economics can be classed into macroeconomics and microeconomics, one of the main objectives of this study is to determine the relationship between producers and consumers. The focus is on the way people respond to the availability and use of the resources.

Thus, the correct answer is the second option.

Angie needs a new dishwasher. She saw a great sale on the model she wanted and went down to her local appliance store. When she got there, the store owner said that they no longer had that dishwasher, but they would be happy to sell her a different model at a higher price. Why might the Federal Trade Commission be willing to look into this?

A.
It is false advertising.

B.
It is creating an invalid debt.

C.
It is preventing fair competition.

D.
It is an improper debt collection.

Answers

Answer:

A. It is false advertising.

Explanation:

Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.

The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.

Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them.

Furthermore, the consumer protection laws enforceable by the Federal Trade Commission (FTC) guarantees truthful information in the marketplace at all times. This is achieved by requiring that business firms only make claims about their products and services that can be proven.

In this scenario, the Federal Trade Commission might be willing to look into this issue (advert of the dishwasher model) because it is false advertising.

logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices

Answers

Answer:

i don´t nou sorry

Explanation:

A housecleaning agency was given a key to a customer's house so that the agency could have its employees clean while the homeowner was away. After a maid sent by the agency had finished and left the homeowner's house, she went back because she had forgotten her cigarettes. She neglected to lock the door when she left the second time because she was already late for the next job. When the homeowner returned after a few days away, she discovered that her house had been ransacked and several items of jewelry stolen. The front door was open, and there were no signs of forced entry. If the homeowner brings an action against the agency that employed the maid, what is the likely result

Answers

Answer:

C. She will prevail, because the maid's failure to lock the door created the risk that someone might enter and take the homeowner's valuables.

Explanation:

Based on the argument presented above, the homeowner will likely prevail against the agency because, the maid whibis an employee of the cleaning agency got the home exposed by failing to get the doors locked which might have allowed unwarranted entry into the building. The fact that there was no forced entry through any of the entry channels and the disappearance of valuables gives the homeowner a stronger case to make in this scenario in her case against the agency.

The journal entry to record an unfavorable direct materials price variance would include a _____. credit to Direct Materials Price Variance debit to Direct Materials Price Variance credit to Materials None of these choices are correct. 2. Jake Shirt Co. used 5,300 square yards of polyester to produce 3,000 shirts. The standard quantity of material for the 3,000 shirts produced is 6,100 square yards. The standard price for direct materials is $4.00 per square yard. The entry to record the direct materials quantity variance would include a debit to Direct Materials Quantity Variance for $3,200. credit to Direct Materials Quantity Variance for $3,200. debit to Direct Materials Quantity Variance for $12,000. credit to Direct Materials Quantity Variance for $12,000. 3. In preparing an income statement for external users, the balances of the variance accounts that are of small amounts are normally transferred to _____ account. Income Summary Work in Process Cost of Goods Sold Finished Goods Inventory

Answers

Which behavior would best describe someone who has good communication skills with customers ? a) Following up with some customers b) Talking to customers more than listening to them c) Repeating back what the customer says d) Interrupting customers frequently

Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger.

Answers

Answer:

b.corporation is answer

A good manager: A. gives advice freely and frequently. B. is more result-oriented than relationship-oriented. C. has a judger mind-set and low self-awareness. D. schedules time for listening to employees each day. E. believes that listening too much is a sign of indecisiveness.

Answers

Answer:

B.

Explanation:

If you're asking a good manager that keeps the busniess running the answer is B because he would get the best money results.

If you mean the best manager because CO-workers like him the answer is A, but I don't think that's what you're asking so the answer is most likely B.

IF THE ANSWER IS SELECT ALL THAT APPLY,

-A

-B

-D

account question ❓❓❓​

Answers

Answer:

1000

Explanation:

100×100+0-9000

61037t7563

Answer: 90011
17 b+c -=
92
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I will never forget that lonesome hill of stone that is herfinal bed, as it fades from my sight. I tread softly by myuncle, my hand in his. I walk with my head turned, watchingthat small hill as it fades from my sight. The soldiers makeus continue walking. My uncle talks to me, trying tocomfort me. I walk in loneliness.Which statement best describes how the author's word choice contributes tothe tone of the passage?O A. The author's use of words like final and soldiers gives the passagea sad and isolated tone.O B. The author's use of words like final and soldiers gives the passagean angry and aggressive tone.O C. The author's use of words like lonesome and fades gives thepassage an angry and aggressive tone.D. The author's use of words like lonesome and fades gives thepassage a sad and isolated tone. If the total income generated from Gasoline for AER was $408 millions, how much would be the cost for a barrel of gasoline Use the figure to find u. A human resources office is working to implement an increase in starting salaries for newadministrative secretaries and faculty at a community college. An administrative secretarystarts at $28,000 and new faculty receive $40,000. The college would like to determine thepercentage increase to allocate to each group, given that the college will be hiring 8secretaries and 7 faculty in the upcoming academic year. The college has at most $5,000 toput towards raises. What should the percentage increase be for each group? What is the meant of by renewable energy and non-renewrable with example of each. (d) Below shows a hydraulic press with a pump piston of area 4 cm2 and a ram area of 12 cm2 . IF A force of 300 N is applied on the pump piston, find: (i)the maximum load on the ram. (ii) the velocity ratio of the machine. (iii) the mechanical advantage of the machine. (iv)the efficiency of the machine. What is the difference of the two polynomials? (NineX squared plus 8X) minus (twoX squared plus 3X) Which of these costs seem justified? Which costs seem unjustified? France debt Which segment is the hypotenuse? PLEASE PLEASE PLEASE HELP. I WILL BE SO SO SO HAPPY!! WILL GOVE BRANLIEST! AND FOREVER BE SO HAPPY! POINTS! Wind instruments like trumpets and saxophones work on the same principle as the "tube closed on one end" that we examined in our last experiment. What effect would it have on the pitch of a saxophone if you take it from inside your house (at 76 degrees F) to the outside on a cold day when the outside temperature is 45 degrees F ? A triangle and a parallelogram have the same base and the same area.If the sides of the triangle are 26 cm, 28 cm and 30 cm and theparallelogram stands on the base 28 cm. Find the height of theparallelogram. Can anyone help me please A backbone network is Group of answer choices a high speed central network that connects other networks in a distance spanning up to several miles. a group of personal computers or terminals located in the same general area and connected by a common cable (communication circuit) so they can exchange information. a network spanning a geographical area that usually encompasses a city or county area (3 to 30 miles). a network spanning a large geographical area (up to thousands of miles). a network spanning exactly 200 miles with common carrier circuits. Question 3Rank the following assets of a commercial bank in order of decreasing liquidity.(a) Market loans(b) Reserves with the Bank of Ghana(c) Cash(d) Personal loans(e) Sale and repurchase agreements (repos)(f) Mortgages(g) Government bonds (of from one to five years to maturity) what is the meaning of want How many spaces does it move over Kenji simplifies 3^5 x 4^ 5and gets the result 12^10, but Darlene is not sure. Is Kenji correct? Justify your answer. who was the author of a farewell to arms Create a properly formatted works cited page for a research paper about the Little Rock Nine. Include at least five sources to Read More >>