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Daniel, a recent college graduate, is on his way home for the Christmas holidays from his new job. He gets caught in a snowstorm and is taken in by an elderly couple, who provide him with food and shelter. After the snowplows have cleared the roads, Daniel proceeds home. Daniel’s father, Fred is most appreciative of the elderly couple’s action and in a letter promises to pay them $500.00. The elderly couple, in need of funds, accept Fred’s offer. Then, because of a dispute between Daniel and Fred, Fred refuses to pay the elderly couple the $500.00. Discuss in detail whether the couple can hold Fred liable in contract for the services rendered to Daniel
Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
Suppose that a mysterious in bovine infertility decreases both the population of dairy cows and the population of beef cattle by 50%.
The Mariner Company, a calendar year corporation, issued $1,000,000 of 5% bonds at a price generating a 4% yield. The bonds were dated January 1, 2006 and were issued that day. Compute the selling price of ONLY the bonds. What is the TOTAL amount of ..
A certain waste water treatment unit process costs $50000 to purchase and install and will cost $500 per year to operate. Given an interest rate of 4.00 percent, what is the net present value of this scenario? Assume a 10 year design life. Limit answ..
Assuming that wheat and barley both sell for $1, and income is $20, compute the price elasticity, cross price elasticity and income elasticity for wheat.
A U.S.-based MNC imports 30 percent of its supplies from Europe. Exports to Europe, which are invoiced in Euros, account for approximately 50 percent of its revenues. Explain how the MNC can reduce its economic exposure to exchange and interest rat..
Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2). Please regard phones as a homogenous product. Prices are all in ..
Illustrate what is the new level of gross national debti. If 100 percent of the deficit is financed by the sale of securities to federal agencies.
Assuming 20 people sign up for the cruise, determine how many passengers will result in the max revenue. What is the max revenue? What is the fare per passenger?
The constant or intercept term in a statistical demand study represents the quantity demanded when all independent variables are equal to:
Some people are saying which majority of the budget deficit are funds which some branches of the government owe to other branches.
q.when milton friedman and anna schwartz in a book titled a monetary history of the united states 1867-1960 uncovered
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