User Account

All Pages

How much is he likely to be awarded

Assignment Help Accounting Basics
Reference no: EM133247181

Jack agrees to buy a car from Mike's Motors for $6,000. Mike paid $5,500 for the car. On the agreed day, Jack arrives at the dealers, but refuses to accept or pay for the car. In the meantime, the car's market value has risen to $7,000. The following week Mike sells the car for $7,500. Mike claims against Jack for damages. How much is he likely to be awarded. Explain your answer.

Reference no: EM133247181

Questions Cloud

Marketing firms-marketing agencies : You may notice some companies brand themselves as "marketing firms" or "marketing agencies" - and even business marketing firms. While it may seem confusing, th
Specific performance of the 2015 promise : A and B were brothers. From 2003 to 2008, A lived with his brother and his brother's wife, C. During this period, A performed various services for his brother a
Dispute the right to take possession : Jack Jones and his company Jack Holdings Pty Ltd have different legal entities since his business is a registered Sole Proprietorship.
Define a tort using the australian common law : Define a tort using the Australian common law. In your answer identify three types of torts and describe two ways that the obligation to not harm others contain
How much is he likely to be awarded : The following week Mike sells the car for $7,500. Mike claims against Jack for damages. How much is he likely to be awarded. Explain your answer.
Find attorneys fees and legal expenses : Suppose that Albert is on the board of directors of Acme Sailboard Company, Inc. As the result of a contract dispute, Acme Sailboard Company, Inc., and Albert a
Explain healthcare policy and law : Analyze the branches of the U.S. government and explain the impact of each branch (legislative, executive, and judicial branches) on healthcare policy.
Who has the most voting power for making decisions : John, Megan, and Alex form a general partnership. John contributes 50% of the capital, Megan contributes 30% and Alex contributes 20%. Who has the right to mana
Does joe have a legal recourse against ron : Joe is driving down a road and sees a riding lawn tractor for sale in the front yard of Ron's house. Stopping - he speaks to Ron about the lawn tractor and why

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd