Business, 07.05.2020 04:01 Krazyyykiddd
Data Inc. offers to provide certain services to Enterprise LLC, but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Enterprise accepts the written offer. Enterprise’s best argument in favor of enforcement of the contract is that:.
A. a bilateral mistake does not afford relief from a contract.
B. a mistake of value does not afford relief from a contract.
C. a unilateral mistake does not afford relief from a contract.
D. the price was below the prices of comparable services.
Answers: 2
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Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
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Data Inc. offers to provide certain services to Enterprise LLC, but mistakenly transposes some of th...
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