Lydia, a minor, charges the cost of a smartphone at a Mobile Devices & Minutes store. Two nights later, Lydia loses the phone at Natural Foods restaurant. She disaffirms the phone’s purchase. Lydia owes Mobile Devices the reasonable value of the phoneA) if it is deemed a necessary
B) if it is deemed a luxury.
C) if it is deemed unique.
D) under no circumstances.

Answers

Answer 1

Answer:

Answer:

A) if it is deemed a necessary good

Explanation:

Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.

So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.

But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.

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The money left over after all of the business costs are subtracted is called the __________.
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The slope of a curve is defined as the upper delta upper yδy divided by the upper delta upper xδx . (assume the y values are on the vertical axis and the x values are on the horizontal axis) suppose your business operates a machine at a cost of $250250 per day whether it is used or not plus $5050 for each hour it is used. use the line drawing tool to draw the daily cost curve for this machine assuming an 8 hour day. label the curve 'cost'.

Answers

Explanation:

The cost function for this industry is given by,

$TC = FC + VC*Q$

$TC = $250 + $50(Number of hours used)$

When it is used for full 8 hours, total cost is

$TC= 250 + 50(8) = 250 + 400 = $650$

When it is used for 7 hours, TC is $600.

When it is used for 6 hours, TC is $550

When it is used for 5 hours, TC is $500.

When it is used for 4 hours, TC is $450.

When it is used for 3 hours, TC is $400.

When it is used for 2 hours, TC is $350.

When it is used for 1 hours, TC is $300.

When it is used for 0 hours, TC is $250.

Thus, the cost curve will look like the diagram given below.

4.manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.

Answers

Answer: AJ, MT, RD, Jr

Explanation:

Given the following data :

AJ - 16

TM - 23

WF - 23

SW - 22

MT - 15.5

RD - 18.5

Jr - 20

LS - 23

PB - 36

Median salary can be calculated thus :

Arranging salary in ascending order of Magnitude :

15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)

Meduan salary is the 5th figure in the arrangement = £22 thousand

Therefore, those earning less than the median salary are:

AJ, MT, RD, Jr

Economic nationalism called for nations to strike trade deals with other nations coloniesa. True
b. False

Answers

That statement is False

Economic nationalism called for nations to strike trade deals with their own nations colonies

Hope this helps

Answer:

False.

Explanation:

I took le test UwU

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Answers

Answer:

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Answers

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(c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer.
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Answers

Andswer:

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In this scenario, the answer is (c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer.

Because the size and the nature of such obligations may influence investors to invest or not in the company.

Explanation:

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