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 the total cost of the pool. The Jensens refuse to pay anything for the pool. Paddock's best defense is:
A) duress
B) substantial performance.
C) mistake.
D) failure of conditions.
B
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Which of the following statements does not apply to intrastatement tax allocation?
a. It is also referred to as intraperiod tax allocation. b. It includes showing prior period adjustments net of tax effect. c. It includes showing extraordinary items, changes in accounting principle, and operations of discontinued segments net of tax effect. d. It is difficult to employ, and its costs appear to outweigh its benefits.
Explain how the bargaining power of buyers can drive down profits for a particular product. What measures
can be taken by an organization to counter this? What will be an ideal response?
James offers to sell four acres of land to Jennifer for $8,000 and further offers to keep the offer open for one month if Jennifer will pay him $100 for the privilege. Jennifer pays James $100 . Which statement describes the payment of $100?
a. An implied in fact contract has been formed. b. A unilateral contract has been formed. c. This created a formal contract. d. This created an option contract.
The 20-year average return of venture capital firms has been about ________
A) 56% B) 8% C) 24% D) 102%