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RoseWind [281]
2 years ago
6

Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.

Business
1 answer:
Papessa [141]2 years ago
6 0

Reality of contract of an agreement is said to be present in a contract when there is genuineness.

When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.

Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.

To learn more about contract here,

brainly.com/question/2669219

#SPJ4

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The name given to the fraction of deposits that a bank is legally required to hold in its vault, or as deposits at the fed, is _
r-ruslan [8.4K]
The answer to this question is the "REQUIRED RESERVE RATIO", it is the name given to the fraction of deposits that a bank is legally required to hold in its vault or as deposits at the fed. As per law and based on the checking account deposits, there is required reserve that a bank is legally authorized to hold.
7 0
3 years ago
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses ma
liq [111]

Answer: $450,000

Explanation:

From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.

Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:

= 3000 × $150

= $450,000

4 0
3 years ago
Debby was the only one in her team who was not informed about some major changes made in the management. Apart from that, she is
Hunter-Best [27]

Answer:

c. Individual

Explanation:

Debby in presenting her complaint before the authorities should categorise it under individual complaint because she was the only person not old about the major changes made by management.

She will also report the negative bias she is noticing. Negative bias is the tendency for people to pay more attention to negative occurrences than positive ones. So if she has noticed signs of negative bias it should against her person.

5 0
3 years ago
Read 2 more answers
At December 31, 2018, Atlanta Company has an equity portfolio valued at $160,000. Its cost was $132,000. If the Securities Fair
Anna71 [15]

Answer:

a. Fair Value Adjustment 28,000 Unrealized Holding Gain or Loss-Income 28,000

Explanation:

The journal entry is as follows

On December 31, 2018

Fair Value Adjustment A/c Dr

          To Unrealized Holding Gain or Loss-Income A/c

(Being the unrealized holding gain or loss is recorded)

The computation is shown below:

= Valued of an equity portfolio - cost -  debit balance of securities fair value

= $160,000 - $132,000 - $8,000

= $20,000

8 0
4 years ago
The government of Nerumbia wants to open the country's economy to international business, and increase its overall attractivenes
ad-work [718]

Answer: Investing in infrastructure and in the required supporting businesses

Explanation:

Infrastructure is a term that is used to describe the essential facilities, and services, for communal use.

The infrastructure is of utmost importance for fostering economic growth and poverty alleviation in a country.

Adequate infrastructure in the form of power, ports, road and railway transport system, airports and their efficient working is needed for integration of the economy with every other economies worldwide.

The government of Nerumbia should invest in infrastructure and supporting businesses wants to increase its attractiveness as a potential market or investment site.

5 0
3 years ago
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