Business
Business, 23.11.2019 05:31, andrew729

The hoffmans were having their home remodeled by all-right contractors. the roof had to be removed in order to build the second story the hoffmans had contracted and designed to build. after all-right had removed the roof, but before a covering was placed over the exposed half of the home, all-right's foreman said the job would cost an additional $12,500. the hoffmans refused to agree to the additional fees and all-right's foreman said, ""suit yourselves. looks like rain for the next day or two,"" and left. the hoffmans called all-right and agreed to pay the $12,500 extra and went in to sign the paperwork. which of the following statements is true?
a. the contract for the additional $12,500 is valid and binding.
b. the contract for the additional $12,500 is invalid because of duress.
c. the contract was not valid because of duress, but the hoffmans signed anyway - so there is a valid and enforceable agreement.
d. none of the above

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, staxeeyy767
If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.
Answers: 3
image
Business, 22.06.2019 01:10, ltawiah8393
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
Answers: 3
image
Business, 22.06.2019 02:50, smariedegray
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
image
Business, 22.06.2019 06:30, brony2199
"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
Answers: 1
Do you know the correct answer?
The hoffmans were having their home remodeled by all-right contractors. the roof had to be removed i...

Questions in other subjects:

Konu
Mathematics, 12.03.2021 21:30
Konu
Social Studies, 12.03.2021 21:30
Konu
Mathematics, 12.03.2021 21:30