Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 11, 2024

Flo and Gregor orally agree that Flo will buy his textbook from last semester for $ 6 5 . Flo and Gregor have a contract

Flo and Gregor orally agree that Flo will buy his textbook from last semester for $

65 .

Flo and Gregor have

a contract barred by the statute of frauds

an express contract.

an implied contract.

a quasi contract.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management of Technological Innovation

Authors: Melissa A. Schilling

5th edition

1259539067, 9781259737817 , 978-1259539060

More Books

Students also viewed these General Management questions

Question

★★★★★

If price were outlawed as the rationing device (used in markets), there would be no need for another rationing device to take its place. We would have reached utopia. Discuss.

Answered: 1 week ago

Question

★★★★★

A business is deciding whether to buy a new machine. The machine may contribute extra profits of $15,000 or $19,000 or a loss of $1,000, with associated probabilities of 0.2, 0.6 and 0.1...

Answered: 1 week ago

Question

★★★★★

What is the key side (supply or demand) of the economy for Keynesian economists? What assumption about prices leads them to this emphasis? What is the key side (supply or demand) of the economy for...

Answered: 1 week ago

Question

★★★★★

Hudson Companys actuary has provided the following information concerning the companys defined benefit pension plan at the end of 2016: Fair value of plan assets (1/1/2016) ........ $350,000 Actual...

Answered: 1 week ago

Question

★★★★★

Flo and Gregor orally agree that Flo will buy his textbook from last semester for $ 6 5 . Flo and Gregor have a contract barred by the statute of frauds an express contract. an implied contract. a...

Answered: 1 week ago

Question

★★★★★

se of a new cookie oven. The original cost of the old oven was $44.000, it is now five years old, and it has a current market value of $19,500. The old oven is being depreciated over a 10-year life...

Answered: 1 week ago

Question

★★★★★

Which of the statements below, regarding the tax reporting requirements applicable to Commodity Credit Corporation ( CCC ) loans, is correct? A farmer can elect each year whether or not to report...

Answered: 1 week ago

Question

★★★★★

Question 01 (working with constructors - Ghost1.java): Goal: To create a class Ghost1, that stores the properties (position, size, colour, frightened \& eaten states, and direction) of a Ghost...

Answered: 1 week ago

Question

★★★★★

Explain the impact of environmental pressures on organizational change

Answered: 1 week ago

Question

★★★★★

Performance Appraisal: Measurement, Assessment, and Management Chapter 7 Radius Images/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Use a...

Answered: 1 week ago

Question

★★★★★

What are the major variables in this study including conceptual and operational definitions of the variables. International Journal of Caring Sciences January - April 2020 Volume 13 | Issue 1/ Page...

Answered: 1 week ago

Previous Question Next Question