subject
Business, 25.04.2020 01:34 katarah42

Marilyn contracted with Joe's Builders to build an addition to her house for $50,000. After digging the foundation, Joe's Builders decides that it will take more work and more materials than it had originally thought, and that it will need to charge an additional $10,000 to make a profit on the job. Assuming Marilyn agrees to the extra $10,000, which of the following is correct?

a. Marilyn will have to pay $20,000.
b. This is a contract under seal which is enforceable.
c. This is a modification of a pre-existing contract, which under common law must be supported by additional consideration on the part of Joe's Builders.
d. This is the settlement of a disputed debt that requires no additional consideration on the part of Joe's Builders.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
question
Business, 22.06.2019 20:30
Identify the level of the literature hierarchy for u.s. gaap to which each item belongs
Answers: 1
question
Business, 23.06.2019 00:00
How do the percentages of the 65 customer satisfaction ratings in that actually fall into the intervals [formula62.mml ± s], [formula62.mml ± 2s], and [formula62.mml ± 3s] compare to those given by the empirical rule? do these comparisons indicate that the statistical inferences you made in parts b and c are reasonably valid? (round your answers to the nearest whole number. omit the "%" sign in your
Answers: 2
question
Business, 23.06.2019 00:30
In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.
Answers: 2
You know the right answer?
Marilyn contracted with Joe's Builders to build an addition to her house for $50,000. After digging...
Questions
question
Mathematics, 12.01.2021 18:50
question
English, 12.01.2021 18:50
question
Mathematics, 12.01.2021 18:50
question
Mathematics, 12.01.2021 18:50
Questions on the website: 13722367