subject
Business, 07.11.2019 00:31 RandomLollipop

Cohen contracts to sell his house and lot to windsor for $100,000. the terms of the contract call for windsor to pay 10 percent of the purchase price as a down payment. the terms further stipulate that if the buyer breaches the contract, cohen will retain the deposit as liquidated damages. windsor pays the deposit, but because her expected financing of the $90,000 balance falls through, she breaches the contract. two weeks later, cohen sells the house and lot to ballard for $105,000. windsor demands her $10,000 back, but cohen refuses, claiming that windsor’s breach and the contract terms entitle him to keep the deposit. discuss who is correct.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:30
The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.
Answers: 2
question
Business, 22.06.2019 23:00
Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers
Answers: 1
question
Business, 22.06.2019 23:30
Each state’s organizational structure is guided by the federal government.true or false?
Answers: 1
question
Business, 23.06.2019 11:10
Danielle puts 8 percent of her paycheck in a 401(k) plan administered by her employer. danielle earns $55,000 per year and is in the 28 percent tax category. what annual tax savings does she get from her contribution? if her employer matches contributions on the first 5% of her salary dollar for dollar and the second 5% 50 cents on the dollar, how much will her employer put into her account this year?
Answers: 2
You know the right answer?
Cohen contracts to sell his house and lot to windsor for $100,000. the terms of the contract call fo...
Questions
question
History, 05.02.2021 06:20
question
Mathematics, 05.02.2021 06:20
question
English, 05.02.2021 06:20
question
Mathematics, 05.02.2021 06:20
question
History, 05.02.2021 06:20