subject
Business, 30.11.2019 06:31 corrineikerd

Keegan buys a new house and offers to sell the current home to oberon for $250,000. oberon wants to think about the offer, and keegan says that is fine. the next day, mikko, keegan's friend, offers keegan $240,000 for the house. keegan really likes mikko more than oberon and signs a contract to sell the house to mikko. later that day keegan sees oberon walking up the driveway. immediately, keegan opens the window and yells "i revoke the offer on the house" before oberon says anything. oberon replies by accepting the offer and expects to purchase the home. oberon tells keegan that even though no steps have been taken steps to get a loan, oberon feels confident that there will be no problem with those matters and that keegan must consider oberon a ready, willing, and able buyer. which of the following is true regarding the offer to oberon assuming keegan's revocation was ineffective? a. the offer was probably still open the next day because a reasonable length of time would not have expired. b. the offer would have terminated because oberon did not provide any consideration to leave it open. c. by operation of law, it would have terminated at midnight on the day it was made. d. by operation of law, it would still have been open because it would not have terminated until midnight on the day after it was made.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 19:50
The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively
Answers: 1
question
Business, 22.06.2019 19:50
Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?
Answers: 1
question
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
You know the right answer?
Keegan buys a new house and offers to sell the current home to oberon for $250,000. oberon wants to...
Questions
question
Mathematics, 10.11.2020 21:10
question
History, 10.11.2020 21:20
question
English, 10.11.2020 21:20
question
Mathematics, 10.11.2020 21:20
question
Mathematics, 10.11.2020 21:20
Questions on the website: 13722362