Remaining amount of what is owed

Assignment Help Business Management
Reference no: EM131151861

Eric and Trayce Fowler own a home in Sturgis, SD and hire Mike, a professional house painter to paint the outside of their home in June. The agreement was that he would paint the home starting July 5 and be done by July 10. He agreed to paint the home for $7,500 and he would provide the materials and labor. He began the project on July 5 and finished on July 11. Mike sent the bill to the Fowlers for $7,500 on July 20 but the Fowlers failed to pay. If the Folwers do not pay, can Mike recover his fees? If so, how? Say the Fowlers only pay $4,000, can Mike get the remaining amount of what is owed? If so, how?

Reference no: EM131151861

Questions Cloud

Provide an analysis of the financial condition for the firm : Provide an analysis of the financial condition for the firm - Evaluate the firm's credit worthiness and summarize the financial and accounting control procedures in place to ensure compliance with applicable regulatory agencies
Concept of behavioral economics as being a key strategy used : The text presents the concept of behavioral economics as being a key strategy used in the intervention of substance abuse disorders. Discuss your perspective on whether you believe it can have a significant impact in one's decision making when it..
Explain scenes that apply to the social theme : Aside from verbal language, identify all observed body language, facial expressions, gestures, posture stances, modes of dress, nonverbal cues, symbols, and any other means by which inequalities are displayed. Explain your interpretation of the me..
Explain the key features that lead you to your conclusion : Explain the key features that lead you to your conclusion. Identify one modern musician who you believe was great at one type of music yet pioneered another.
Remaining amount of what is owed : Mike sent the bill to the Fowlers for $7,500 on July 20 but the Fowlers failed to pay. If the Folwers do not pay, can Mike recover his fees? If so, how? Say the Fowlers only pay $4,000, can Mike get the remaining amount of what is owed? If so,..
What are ethical ramifications of re-classifying investments : What are the ethical ramifications of re-classifying investments? Give an example of when reclassifying a long term investment as a short term investment makes financial sense for the company
Explain the methodologies of job analysis : This week's individual work is to perform a job analysis, which will help to enable you to explain the methodologies of job analysis and job design in the HR function.
Effectiveness with respect to certain areas : 1. Describe specific quantitative methods and tools that could be used within your discipline to gather data. Include your rationale. 2. Evaluate their effectiveness with respect to certain areas within your discipline. 3. Include company or organi..
Describe how you would collect your data : Describe how you would collect your data, the level of measurement of your data, and which statistical technique you would use to analyze the data. Explain why you chose that statistical technique.

Reviews

Write a Review

Business Management Questions & Answers

  Which big five dimensions does teach for america screening

Which Big Five dimensions does Teach for America's screening system seem to prioritize? Are there other dimensions that would seem relevant to the performance or commitment of teachers?

  Information technologies and business environments

Given the rapid rate of change in both information technologies and business environments, do you believe that extensive information resource planning efforts are worthwhile for most organizations? Why or why not? Under what circumstances might they ..

  Corporation in reference to current global affairs

As a US heavy and outsized air cargo carrier, what are the three most important challenges facing this corporation in reference to current global affairs.

  Illustrate what are the arguments for also against the zero

Illustrate what are the arguments for also against the zero payout, 40% payout, also residual payout policies? Illustrate what should Ashley Swenson recommend to the board of directors with regard to the long-term dividend payout policy for Gaines..

  Advertising strategy

MATS has a new client from Chile who owns a vineyard. He is looking to MATS to help him create online advertisements that promote his company and product coupons.

  Discuss emotions, escalation and fairness

Describe the roles of emotion and fairness in decision making and apply critical thinking skills to analyze business situations.

  Diversity initiatives to manage multi-generational

diversity initiatives to manage multi-generational workforcein an attempt to improve organizational outcomes what

  Changing communication stylesplease show the following how

changing communication stylesplease show the following how would you change your communication style when speaking to

  Forecasting problem for tracking signalsthe tracking

forecasting problem for tracking signalsthe tracking signals computed using past demand history for three different

  Challenges that come with the country risk assessments

Country risk assessments - what are some of the challenges that come with the country risk assessments?

  Process for classifying the incident

Identify the process of how your organization will identify an incident. Identify the process for classifying the incident. What are the criteria for each classification within the organization? Identify what the response will be for each classificat..

  Interview methods

evaluate if the manager should make the final choice or if others should be included in the final decision. Support your position.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd