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IRINA_888 [86]
1 year ago
12

Guido and hal want to rescind their contract under which guido sold hal a mountain bike for $100. To rescind the contract.

Business
1 answer:
True [87]1 year ago
8 0

Guido must return the $100 and Hal and must return the bike.

What does it mean to rescind the contract?

Cancellation of a contract.

Rescission may be unilateral, as when a party rightfully cancels a contract because of another party's material breach.

Rescission can also be mutual, as when the contracting parties agree to discharge all remaining obligations.

What is an example of rescind?

Rescind is defined as to cancel or make something void.

An example of rescind is someone calling off their wedding. verb. 2. To cancel a contract, whether unilaterally or by mutual agreement and restore both parties to status quo ante (the positions they would have been in if the contract had never existed).

Learn more about rescind here:

brainly.com/question/14259999

#SPJ4

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Which of the following statements best describes the attitudes of an old-style manager?Most people wish to avoid responsibility,
Shkiper50 [21]

Answer:

The correct answer is: Most people wish to avoid responsibility, have little ambition, and want security.

Explanation:

This type of management thinking responds to the early theories of management, more especially to the classical theories of organization. These theories were devoted to the superior's authority, objectives, rules and, economic activities.  They organized men and materials for achieving objectives for their benefits, characterized by a large and complex atmosphere with impersonal detachment from human resources.

The motivation of workers were purely by bonus and monetary benefits. The general idea was that workers were inspired to perform the job if they are paid according to their contributions. Workers are considered economic beings.  Man was considered a rational and not an emotional being.  It assumes that man wants only money, and this assumption provides the maximum opportunity to exploit employees.  The idea that people avoid responsibility is due to the hierarchy and chain of command, the responsibility of the work rests on the superior.

8 0
3 years ago
Before supplier relationship management (SRM), buyers typically spent 40% of their time on expediting orders. After SRM implemen
Semmy [17]

Answer: c. 10% of their time on expediting orders

Explanation:

Supplier relationship management is an approach to evaluate or assess supplier's contributions to businesses with the aim of improving the business and grow relationship between both parties. The supplier relationship management has helped buyers spend just 10% of their time on expecting orders.

7 0
2 years ago
How do u uplaod a video on a eportfolio
stellarik [79]
Doesn't it have an upload button
4 0
3 years ago
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An FX trader in Germany is watching the market, noticing that the U.S. dollar suddenly changes in value against the euro, moving
PSYCHO15rus [73]

Answer:

2.30%  appreciated

Explanation:

The computation of the change in dollar is shown below;

But before that we have to find out the base currency which is

As we know that

Old rate = $0.8909 / Euro

And New rate = $0.8709 / Euro

Therefore changing the base currency to Dollar, we get

Old rate = (1 ÷ 0.8909)

             = Euro 1.122460 / $

New rate = (1 ÷ 0.8709)

               = Euro 1.148237 / $

The more number of Euors could be bought when there is a change in rates together the dollar is also used. So dollar has appreciated.

Now the change in dollar is

Change in dollar = (New rate ÷ Old rate) -1

                            = (1.148237 ÷  1.122460) - 1

                            = 1.0229647 - 1

                            = 0.0229647

                            = 2.29647% or 2.30%

8 0
3 years ago
Prepare an amortization schedule for a five-year loan of $71,500. Assume the interest rate is 7 percent per year and the loan ag
soldi70 [24.7K]

Answer:

$15,015.00

Explanation:

Note: See the attached excel file for the loan amortization schedule.

The amount of total interest that is paid over the life of the loan is $15,015.00  

Download xlsx
8 0
3 years ago
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