Answer:
Misrepresentation & Fraud:
a) Elements for Fraudulent Misrepresentation:
1) A representation was in fact made: This means that it was not just a mere opinion expressed by the party misrepresenting.
2) That particular representation was false: The statement made was untrue.
3) The defendant had knowledge that the representation was false: The misrepresentation was intentional on the party of the defendant.
4) The statement was made with the intention that the other party rely on it and enter into a contract or agreement: The defendant was out to induce the other party to enter the contract.
b) Kahn committed a fraud since he intentionally induced Lischner to contract on the basis of fraudulent misrepresentation. The remedy available for Lischner is to rescind the contract.
Explanation:
a) Fraudulent misrepresentation is the presentation of false facts by someone who attempts to persuade another into action with the intent to deceive. The remedy available to the deceived party is to rescind the contract or to plea for damages.
b) According to the britannica.com, "Fraud, in law, is the deliberate misrepresentation of fact for the purpose of depriving someone of a valuable possession."
Answer:
If the economy is bad then companies have to lay employees off.
Explanation:
Answer:
A. supply curve shifts to the left
Explanation:
An increase in the prices of inputs from $4 to $6 shows economic problems that include a reduction in capital stock, labor, and an increased unemployment rate. This can also give room for inflation.
This increase shows that due to shortage in labor supply, it now costs more to produce a product.
Due to all the above mentioned reasons, the supply curve of both long run and short run supply curves shifts left.
Cheers.
Public Wi-F hotspots are also known as open wifi networks. I would sat the answer is “A” open network.
Answer:
Alicia should toys to her line of business as payback is 2.97 years which is almost the same as her projection.
Explanation:
In judging whether or not Alicia should add toys to her line of business,the actual payback period on the toys business.
The payback as found in the attached is 2.97 years.
In computing the payback period, I picked before the cumulative cash turns positive,year 2 plus(cumulative cash flow in year 2/cash flows in year 3)