subject
Business, 10.05.2021 21:10 gmedisa08

Cyrano hired Roxanne to purchase a yacht. Cyrano did not want seller to know that he was the buyer because he was very rich and he thought that sellers would demand a higher price if they knew who the buyer was. So he instructed Roxanne to inform the sellers that she was acting on her own. Roxanne followed these instructions and she entered into a contract to purchase a yacht from Richard. However, Cyrano did not like the yacht that Roxanne had selected, and he refuses to pay the purchase price. Richard insists that Roxanne herself pay the purchase price. If Richard sues Roxanne to enforce the contract against her, what will be the outcome

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
question
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
question
Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
question
Business, 22.06.2019 14:20
Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
You know the right answer?
Cyrano hired Roxanne to purchase a yacht. Cyrano did not want seller to know that he was the buyer b...
Questions