1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
1 year ago
6

Jan tells Lee she will pay him to babysit her son Mark weekday evenings for six months. Lee agrees. Jan and Lee have formed Grou

p of answer choices a bilateral contract. a unilateral contract. a void contract. an unenforceable contract.
Business
1 answer:
Darina [25.2K]1 year ago
3 0

Jan and Lee have formed bilateral contract.

  • A bilateral agreement is one in which both sides share performance commitments. The promise of one party is given in exchange for the promise of the other. Each party is therefore an oblige on the other's pledge and an obligor on their own.
  • A bilateral contract is a legally binding arrangement wherein the parties swap commitments to carry out and fulfill one of the terms of the agreement.
  • The number of parties making a promise is initially the most visible distinction between bilateral and unilateral contracts. While unilateral contracts only require action on the part of one party, bilateral contracts require at least two parties.

Thus the answer is option A.

To learn more about contracts, refer:brainly.com/question/984979

#SPJ4

You might be interested in
Lawrence has worked in his career field for 20 years. one benefit of his experience over younger employees lies in
Ad libitum [116K]
<span>Experience teaches the things which a book can not teach. Thus, having extra work experience gives an edge to the person with higher experience with person with lesser experience. Lawrence's experience is more than his younger employees hence he knows various aspects of his work profile than the youngsters.</span>
3 0
3 years ago
scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movies at home, increase
kenny6666 [7]

Answer:

Elastic demand

Unit elastic demand

Inelastic demand

Explanation:

Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price.

Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.

If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.

The elasticity of demand is usually greater than 1 when demand is elastic.

Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.

If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.

Demand is inelastic if a change in price has little or no effect on quantity demanded.

Coefficient of elasticity is usually less than one.

If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.

I hope my answer helps you

3 0
3 years ago
One example of the role of democracy in education is
erma4kov [3.2K]
I’m pretty sure the answer is C. To cultivate responsibility in our students
5 0
2 years ago
Assume that the interest rate on borrowings in india is 1 percent while the interest rate on bank deposits in a u.s. bank is 6 p
BARSIC [14]
Those who try to benefit from a carry trade are hoping to borrow money at a low interest rate so that they can invest in something that will provide a higher return. People commonly do this between different foreign exchange markets to make the most on their return from investing in different country currencies. 
3 0
3 years ago
You expect a share of EconNews.Com to sell for $65 a year from now. If you are willing to pay $65.74 for one share of the stock
iogann1982 [59]

Answer:

dividend payment = $6

Explanation:

given data

sell = $65

pay = $65.74

require a return =  8%

solution

we will use here present value formula that is express as

current stock price ( present value ) = \frac{future\ value}{1 + rate}  ........................1

$65.74 = \frac{65+d}{1+0.08}

here d is dividend

solve it we get

d = $6.00

so dividend payment = $6

6 0
3 years ago
Other questions:
  • According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of _
    8·1 answer
  • A successful CRM program is expected to help a company achieve all of the following EXCEPT ________.
    10·2 answers
  • An MNC uses which international strategy for entering a foreign market by purchasing another company already operating in the ar
    14·1 answer
  • Which functionality would you include in the product category of the marketing mix?
    15·1 answer
  • The prepaid insurance account had a beginning balance of $6,600 and was debited for $2,300 for premiums paid during the year. Jo
    9·1 answer
  • Reprise Entertainment, Inc., a U.S. television and movie production company, files a suit against Substantivo TV, Ltd., a Mexica
    15·1 answer
  • When using email to request action, the subject line should be as vague as possible.
    11·2 answers
  • On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $76,000
    8·1 answer
  • Determine the net present value for a project that costs $84,500 and would yield after-tax cash flows of $13,000 the first year,
    15·1 answer
  • e exportation of large quantities of a product at a price lower than that of the same product in the home mark
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!