Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is an open ended question Question 9 (20 points) Lucy invented a new electric pickup that will travel 1300 miles on a 49 cent

image text in transcribed

this is an open ended question

Question 9 (20 points) Lucy invented a new electric pickup that will travel 1300 miles on a 49 cent electrical charge and tow 12,000 lbs. Friendly motors enters into a contract with Ralph, an industrial espionage agent, to steal the plans. At about the same time, Lucy hired Sarah to supervise the construction of the new cars for $150,000 per year for 2021 and 2022 Lucy decided that the business will be more profitable than she first thought so she brings Sarah into her office and signs a new contract promising to pay Sarah $275,000 for 2021 and 2022. As Sarah and Lucy are negotiating Ralph pays the security guard $50,000.00 to let him into the safe and he photographs the plans. Ralph delivers the plans to Friendly Discuss the rights and liabilities of the parties if Friendly doesn't pay Ralph and Lucy only pays Sarah $150,000 per year. Question 9 (20 points) Lucy invented a new electric pickup that will travel 1300 miles on a 49 cent electrical charge and tow 12,000 lbs. Friendly motors enters into a contract with Ralph, an industrial espionage agent, to steal the plans. At about the same time, Lucy hired Sarah to supervise the construction of the new cars for $150,000 per year for 2021 and 2022 Lucy decided that the business will be more profitable than she first thought so she brings Sarah into her office and signs a new contract promising to pay Sarah $275,000 for 2021 and 2022. As Sarah and Lucy are negotiating Ralph pays the security guard $50,000.00 to let him into the safe and he photographs the plans. Ralph delivers the plans to Friendly Discuss the rights and liabilities of the parties if Friendly doesn't pay Ralph and Lucy only pays Sarah $150,000 per year

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Finance questions

Question

10. What is meant by a feed rate?

Answered: 1 week ago