Mr. Ali offers to sell his poultry farm to Mr. Hassan for 5000 OMR Mr. Hassan made a counter- offer, and offered 4500 OMR for the farm. Mr. Ali rejected this proposition. Later, Hassan came back and said that he now accepted the original offer of 5000 OMR. Mr. Ali rejected it. Question a. Can Hassan go to a court of law to enforce the original contract? Why or why not?
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- Case Study: Mr. Murad owned a valuable plot in Bahria Town, worth Rs. 5m. He was forced by some aggressive men to sell this plot to Mr. Noman for Rs. 3.8m. They threatened him of destroying his car, if he would not give consent to this contract. 1. If Mr. Murad gives his consent accordingly, then explain the legal status of this contract, as per the viewpoint of various Muslim jurists on this issue. 2. Describe the legal consequences of this contract, as well.Susan hires Joe to mow her grass every week for eight weeks. They agree on a price. Which kind of contract is this? Implied O ExpressYowzah Bids Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes the bids and creates this graph to bring to the next executive meeting. Bid Plot ($ vs Volume) 400000 350000 300000 250000 200000 150000 100000 50000 0 H O 1000 2000 3000 4000 - 0005 0009 A 7000 B 0008 0006 10000 11000 12000 13000 14000- 15000 16000 17000 18000 19000 20000 D 9 E Yowzah receives a frantic call from company C. Evidently the fixed cost they quoted was in rupees rather than dollars. If the current exchange rate is 60 rupees to the dollar, what is the net effect of an updated analysis? O Company C has the highest total cost throughout the range depicted in the graph. O Even beyond the range depicted in the graph, company C would be the bidder of choice. O Company C is the bidder of choice throughout the range depicted in the graph. Company C has the highest fixed cost of all four companies. 6-05 D 2
- Mr Ali agrees to service all the air conditioners in a building that has 15 floors. He has completed the work till 12 floors only at the moment.a. The above example is an example of Executed contract. Answer as YES OR No?b. Give reason to support your answer in part aShow clear and detailed solutionsA producer of synthetic motor oil for automobiles and light trucks has made the following statement: “One quart of Dynolube added to your next oil change will increase fuel mileage by one percent. This one-time additive will improve your fuel mileage over 50,000 miles of driving.” Solve, a. Assume the company’s claim is correct. How much money will be saved by adding one quart of Dynolube if gasoline costs $4.00 per gallon and your car averages 20 miles per gallon without the Dynolube? b. If a quart of Dynolube sells for $19.95, would you use this product in your automobile?
- A young software genius is selling the rights to a new video game he has developed. Two companies have offered him contracts. The first contract offers 8,000 at the end of each year for the next five years, and then 18,500 dollars per year for the following 10 years. The second offers 10 payments, starting with 9,500 at the end of the first year, 12,500 dollars at the end of the second year, and sof forth, increasing by G dollars each year (i.e., the tenth payment will be (9,500 dollars +9 x G dollars). Assume the genius uses a MARR of 9%. Which contract should the young genius choose? Use a present worth comparison and least common multiple of repeated lives {Perform all calculations using 5 significant figures and round any monetary answers to the nearest dollar). For one life of project one, the present worth is: Number For repeated lives of project one, the present worth is: For one life of project two the present worth is: Number For repeated lives of project two, the present…Market price is always more than factor cost. True /FalseCalculate the payback period
- You have choice when subscribing to our magazine. Which is the best deal for you, the subscriber, if your opportunity cost of funds is 10%? pay $28 at the beginning of each year for four years pay $54 today and $54 again two years from today pay $100 now for a four year subscription no one is superiorplease please solve this problem urgently and perfectly. mention correct answer as you give.i will give positive rating if you give correct answer4-4 Supplier Bids Your company is contemplating bidding on an RFP (request for proposal) for 100,000 units of a specialized part. Why might the amount be more than the requesting company actually wants?