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tester [92]
2 years ago
9

A bilateral contract is one in which one side promises to perform in exchange for the other side's actions

Business
1 answer:
ss7ja [257]2 years ago
8 0

The statement is false.

Void and voidable contracts are one and the same. Exculpatory clauses are typically considered void towards public coverage. Covenants not to compete are commonly taken into consideration void as against public coverage.

A bilateral contract is a contract in which each party alternate guarantees to carry out. One birthday party's promise serves as consideration for the promise of the other. As a result, each party is an obligor of that birthday celebration's own promise and an obligee of the opposite's promise.

A contract wherein the events trade a promise for a promise is referred to as a Bilateral contract, whereas a contract wherein one birthday party gives a promise and the other birthday celebration performs an act is known as a Unilateral settlement. these legally enforceable promises can be in writing or oral.

Learn more about the bilateral contract here brainly.com/question/13741271

#SPJ4

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You are stowing items and come across an aerosol bottle of hairspray. What
liubo4ka [24]

Question Completion with Options:

o Stow the hairspray

o Raise an Andon

o Remove it and secure it with bubble wrap

o Place a Flammable sticker on the bottle

Answer:

What to do:

o Stow the hairspray

Explanation:

Stowing means the arrangement or placement of items, especially in a neat, compact way to enable easy retrieval when required.  Therefore, you should continue what you have started by arranging the bottle of hairspray where it belongs in the appropriate packing space.  Stowing ensures that items are properly arranged and put in their proper places or conditions when they are not in​ use.

6 0
3 years ago
A firm wants to develop a level material use schedule based on the following data. What should be the setup cost? Desired lot si
JulsSmile [24]

Answer:

$0.45

Explanation:

Given that

Desired lot size = 60

Annual demand = 40000

Holding cost = 20 per unit

Daily production rate = 320

Workdays per year = 250

Recall that

S = (Q^2 H[1 - d/p])/ 2d

Where S = setup cost

D = annual demand

Q = order quality

P = daily production

Seeing that daily demand is not given. We find d

d = 40000/250 = 160

Therefore

S = [60^2 20( 1 - 60/320)] / 2 × 40000

S = 3600 20 ( -1.12)/ 80000

S = $0.45

4 0
3 years ago
Read 2 more answers
Why would someone want to deposit money into a savings account?
Viefleur [7K]

Answer:To keep their money safe

Explanation:They would put it in there so their money will be kept safe

6 0
3 years ago
Read 2 more answers
On January 1, year 1, LaRose Corp. purchases equipment for $100,000. LaRose uses the double-declining-balance method of deprecia
lesantik [10]

Answer:

Depreciation Expense for the year 1 is $40,000.

Explanation:

The depreciation expense can be calculated using the double declining balance formula which is as under:

Double declining depreciation expense = Cost / Useful life       * 2

By putting the values, we have:

Double declining depreciation expense = $100,000 / 5 years    * 2

Double declining depreciation expense = $40,000

The depreciation expense for the first year is $40,000.

3 0
4 years ago
In an economy, the total expenditures for a market basket of goods in year 1 (the base year) was $5,000 billion. In year 2, the
Vitek1552 [10]

Answer:

CPI = 110

Explanation:

The consumer price index(CPI) measures the general change in prices for a basket of goods and services in an economy over time. The basket of goods and services is representative of consumer spending in the economy.

The formula for calculating CPI with a base year is as below.

consumer price index = <u>cost of the market basket in a given year </u>  x100

                                       cost of a market basket at the base

In this case,

CPI  =  $ 5500    x 100

            $ 5000

CPI = 11 x 100

CPI =110

6 0
4 years ago
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