Business, 18.12.2019 23:31 jwbri

Chuck olson, aged 16. buys a used car from bobby duncan used cars center on september 15, 2006. olson agrees to pay $200 a month for 12 months. a month after the purchase, olson is involved in an accident that wrecks the car. he immediately calls duncan cars and informs them that he is disaffirming the contract. according to traditional common laws, which of the following is most likely to be true?

a. olson does not have a duty to place duncan in status quo ante

b. olson can ask duncan to pay for the damages as he hasnt made the full payment for the car.

c. olson has to pay for the damages and then return the car to duncan.

d. olson can successfully press charges and force duncan to take care of the damages caused to the car.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 06:10

Amanda works as an industrial designer

Answers: 1

Answer

Business, 22.06.2019 11:00

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified

Answers: 3

Answer

Business, 22.06.2019 11:10

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Answers: 2

Answer

Business, 22.06.2019 13:10

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Answers: 2

Answer

You know the right answer?

Chuck olson, aged 16. buys a used car from bobby duncan used cars center on september 15, 2006. olso...

Questions