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Sauron [17]
2 years 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]2 years 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

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A company sold garden hoses at a reduced price of ​$7.54 and took an​ end-of-season markdown of ​$11.45. What was the original s
Vitek1552 [10]

Answer:

The original selling price would be $ 18.99

Explanation:

Given formula is,

M = S - N

Where,

M = markdown,

S = original selling price,

N = reduced price

Here,

M = $ 11.45, N = $ 7.54,

By substituting the values,

11.45 = S - 7.54

⇒ S = 11.45 + 7.54 = 18.99

Hence, the original selling price of the house is $ 18.99

3 0
3 years ago
When reviewing her Experian credit report, Dela found it to contain inaccurate information. She has informed Experian in writing
MrMuchimi

The number of days that it would take for Experian to carry out an investigation in the credit report is 30 days.

<h3>What is Experian credit report?</h3>

This can be described to be the detailed report of all the credit transactions as well as the debit transactions of a person.

It gives certain information like the amount of debit that the person has as well as the way they pay their bills and their credits on due dates.

Read more on credit report here:brainly.com/question/9913263

4 0
2 years ago
Normally, most organizational objectives can be summarized as:
Marat540 [252]
<span>Survival: Keep up with its motto and staying in business without going into bankruptcy, in short surviving the highs and lows of the business terrain, growth: adding value to what's already been achieved and expanding. profits: most share holders only want to hear about profit and not losses so they need to be able to make money , and environmental: they need to make sure that they are in compliance with the obtainable environmental laws and they are contributing positively to it.</span>
8 0
3 years ago
Herbert spencer believed that societies evolve from lower to higher forms because as generations pass, the most capable and inte
rodikova [14]
Survival of the fittest

8 0
3 years ago
Read 2 more answers
Gramps purchased a joint survivor annuity that pays $500 monthly over his remaining life and that of his wife, Gram. Gramps is 7
Bezzdna [24]

Answer:

$150

Explanation:

Calculation of how much income that Gramps will recognize on the first payment.

Since joint survivor annuity has 23.1 as the annual return multiple .

Calculation for Expected return

Expected return =Annual payment *Return multiple

($500*12) =$6,000

$6,000×23.1

=$138,600

Therefore :

$97,020/$138,600

=0.7×100

=70%

The 70% of each of the payment will be the return of capital while the 30%(100%-70%) will be the income.

Hence the first payment be:

30%×500

=$150

Therefore the amount of income that Gramps will recognize on the first payment will be $150

6 0
3 years ago
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