I took this question already, so if it was
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Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.
It would be "True"
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Answer:
The answer is 156.25
Explanation:
In the 1st year:
- Interest: 2,500 x 5% = 125
- Payment amount: 125 x 175% = 218.75
- Principal: 218.75 - 125 = 93.75
Hence, the principal payment in 20 year loan as follow:
10 x 93.75 + 10 x X = 2,500
=> X = 156.25
Answer:
Franchisee
Explanation:
A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.
This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.
This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.
Answer:
c. 250
Explanation:
Since; Turkish lira = 1 Brazilian real
and exchange rate (E) = 0.84
Considering that Brazil is the home country
The price level in Turkey = 210
∴ Brazil price level = 210 / 0.84 = 250 real
