Evangeline Delacruz

Business

18 July, 05:34

On April 6, Apple entered into a signed contract with Bean, by which Apple was to sell Bean an antique automobile having a fair market value of $150,000, for $75,000. Apple believed the auto was worth only $75,000. Unknown to either party the auto had been destroyed by fire on April 4. If Bean sues Apple for breach of contract, Apple's best defense is

a. unconscionability

b. risk of loss had passed to bean

c. lack of adequate consideration

d. mutual mistake

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “On April 6, Apple entered into a signed contract with Bean, by which Apple was to sell Bean an antique automobile having a fair market ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Barry and his wife, Mary, have accumulated over $4.1 million during their 50 years of marriage. They have three children and four grandchildren.

Target Costing Portland Equipment Company wants to develop a new log-splitting machine for rural homeowners. Market research has determined that the company could sell 6,000 log-splitting machines per year at a retail price of $850 each.

Hawaiian Airlines will hire more workers as it expands its fleet. The new hirings are a welcome sign for Hawaii's economy, which lost jobs during the year to May 2009 as the state's unemployment rate rose from 4% to 7%.

The records of Windsor's Boutique report the following data for the month of April. Sales revenue $107,900 Purchases (at cost) $51,900 Sales returns 2,000 Purchases (at sales price) 82,700 Markups 10,900 Purchase returns (at cost) 2,000 Markup

Bret buys a subscription to the catalog of movies provided by Cinematique, an online music vendor. Before accessing the catalog, Bret must agree to a provision stating that she will not make and sell copies of the films. This provision is

New Questions in Business

Firm A and Firm B have the same total assets, ROA and profit margin. However, Frim B has a higher debt ratio and interest expense then Firm A. Which of the following statements is correct? A.) Firm B must have a higher ROE than first A. B.

You own a portfolio that is 32 percent invested in Stock X, 20 percent invested in Stock Y, and 48 percent invested in Stock Z. The expected returns on these three stocks are 6 percent, 19 percent, and 15 percent, respectively.

Which of the following statements about knowledge is true? Data and information are the same as knowledge. Knowledge resides in information. Knowledge is the understanding that one gains from information.

A client with acquired immunodeficiency syndrome (AIDS) develops Pneumocystis carinii pneumonia. Which nursing diagnosis has the highest priority? A. Impaired oral mucous membranes B. Activity intolerance C.

Beaver Construction purchases new equipment for $38,160 cash on April 1, 2018. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end.