Business, 20.03.2020 10:30 xojade

Kamal places an ad in the local newspaper as follows: "$500 reward for the return of my gold ring." Mira finds the ring and returns it to Kamal, but he refuses to pay her the $500. Which of the following statements is true regarding this case?
A. Mira accepted the ad as an offer for a unilateral contract by returning the ring and hence, Kamal is bound to pay her the $500.
B. As the ad was merely a solicitation of offers, there was no contract until Kamal accepted Mira's offer to find the ring.
C. Mira may not recover the money because she did not contact Kamal before she began her search.
D. As Mira did not pay Kamal to keep the offer open, he is free to revoke the offer and not pay her anything.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:30

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

Answers: 2

Answer

Business, 22.06.2019 15:10

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

Answers: 3

Answer

Business, 22.06.2019 22:10

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates

Answers: 1

Answer

Business, 22.06.2019 22:50

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

Answers: 2

Answer

You know the right answer?

Kamal places an ad in the local newspaper as follows: "$500 reward for the return of my gold ring."...

Questions