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

I believe that the contract for the additional $12,500 is a valid contract but can be voided by the Hoffmans if they prove that duress was established, so it is a  voidable contract.

Explanation:

In legal terms duress means that someone was illegally forced to accept a contract or perform an action. In this case the Hoffmans were victims of duress since All-Right's foreman forced them to accept the price increase or there house would be in bad shape due to rain. It's like a doctor asking more money in the middle of an operation or else he will stop operating.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

false! basically!

i hope i'm correct.