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sesenic [268]
1 year ago
11

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

Business
1 answer:
hichkok12 [17]1 year ago
8 0

The correct answer is a true meeting of the minds.

Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.

What is Genuineness or reality of aggreement?

  • Genuine Consent may be a total understanding between two competent parties.
  • A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
  • Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
  • All parties must lock in within the assention openly. A contract may not be upheld on the off chance that one or more parties have made botches within the dialect.
  • Moreover, a contract may be voided in case one party has committed extortion or applied undue impact over another.
  • For case, you sign a contract in which you concur to offer your house to your next-door neighbor for $1. Once you marked the contract, your neighbor was undermining you. Clearly, you made the understanding beneath pressure, so the contract isn't substantial.

To know more about Genuineness or reality of aggreement visit:

brainly.com/question/28175712

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Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different compan
denpristay [2]

If Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO

A range of investments owned by an individual is termed a portfolio.

For instance, when an individual owns different stocks, bonds, and businesses in diverse companies, such an individual is known to have a portfolio.

Portfolios are important for long-term financial goals even though the returns on such portfolios are not immediate.

According to the question, if Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO

Learn more here: brainly.com/question/24598517

7 0
2 years ago
Scrooge, Inc. prepares adjusting entries only at the end of its fiscal year, August 31. Scrooge has the following unadjusted acc
o-na [289]

Answer:

$6,100

Explanation:

The computation of the net income is shown below:

= Service revenue in trial balance + ( unearned revenue × given percentage) - (rent expense in trial balance) + ( Prepaid rent × 2 months ÷ 12 months) - (wages expense in trial balance + adjusted trial balance)

= $5,000 + ($4,000 × 80%) - ($800 + $3,600 × 2 months ÷ 12 months - ($600 + $100)

= $5,000 + $3,200 - $1,400 - $700

= $6,100

4 0
3 years ago
Suppose the working-age population of a fictional economy falls into the following categories: 60 have full-time employment; 20
iogann1982 [59]

Answer:

1) What is the size of Labor force

?

60 people are full time employed + 20 people who are part-time employed + 20 people who are unemployed = 100 people

2) What is the Unemployment rate?

20 people who are unemployed / 100 people = 0.2 or 20%

the unemployment rate includes only those people who do not have a job but are willing and able to work, and are currently looking for one.

5 0
3 years ago
When venturing into a foreign country for business, which controllable risk will you most likely face?
OLEGan [10]

The answer would be C worker strikes due to cultural differences

4 0
3 years ago
"compare intel's actual and pro forma (as if) ratios of intangible assets to long-lived tangible assets in 2012. use r&d cap
kobusy [5.1K]

Since Intel has a history of effectively transforming R&D investment into income, the pro-forma version of the ration seems to be of more significant. A company starting, for instance, would be unalike: its track record would be much poorer and probabilities are that the criteria set in place would not be as rough as Intel’s. Therefore, it appears that the significance hinge on the kind of business: if future benefit is more of a doubt, then R&D should be expensed. The contradictory is true if benefit is almost certain. Intel also has the advantage of being very vibrant with its R&D objectives and having exact, measurable standards. They note obviously what the funds are apportioned to and what the end outcomes should be of the growth.

4 0
3 years ago
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