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docker41 [41]
1 year ago
6

Luc, a vehicle dealer, offers to sell mel a truck and trailer, which luc claims can haul a certain weight. He knows nothing abou

t the capability of the truck, but it is not as he asserts. Mel buys the truck. On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is.
Business
1 answer:
andrew-mc [135]1 year ago
8 0

On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is Fraudulent misrepresentation

In contract law, fraudulent misrepresentation is a civil tort. A contract is induced into being entered into by a false statement of fact. Fraudulent misrepresentation occurs when a defendant intentionally conceals or exaggerates a material fact in order to persuade the opposing party to enter into a contract. A misrepresentation can take the shape of anything intended to deceive the other person, such as innuendos, half-truths, or remaining silent when speaking is required. The definition of a fraudulent representation is one that is made with knowledge or belief that it is false or inaccurate with reference to a material fact; see also misrepresentation.

To learn more about Fraudulent misrepresentation visit here;

brainly.com/question/28964131

#SPJ4

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Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their store. The firm expects that sa
Sunny_sXe [5.5K]

Answer:

a. and. d

Explanation:

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8 0
2 years ago
Read 2 more answers
Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, deprec
ANTONII [103]

Answer:

It is $18,290.24

Explanation:

Profit after Tax (65%) = addition to retained earnings+dividend paid

                                   = $411 +  $285

                                    = $ 696

Profit before Tax = [100/65] * $ 696

                            = $1070.76

Tax (35%)             = 35% * $1070.76

                            = $374.77

Gross Profit = Profit before tax + Total expenses

                    = $1070.76 + [  $4,370+ $103+ $812]

                    = $6355.76

Cost of Sales= $24,646 -$6355.76

                     = $18,290.24 .

Note

-Dividend is paid is paid from profit after tax

6 0
3 years ago
Which of the following students is most likely to receive a merit based scholarship?
bonufazy [111]
A student with a high academic score
8 0
4 years ago
Read 2 more answers
How do you find tax liability from taxable income?
ycow [4]

Answer:

How to calculate tax liability from taxable income

Explanation:

Your taxable income minus your tax deductions equals your gross tax liability. Gross tax liability minus any tax credits you're eligible for equals your total income tax liability. hope this helps you :)

7 0
3 years ago
For what range in marginal cost will the firm continue to charge a price of $60?
hammer [34]

Range for marginal cost  =  $20 to $50

Since at the price of $60 total Marginal revenue on demand curve two  =  $20

 Total Marginal revenue on demand curve on =$50

Hence $60 for the product is optimum for the range of marginal cost from $20 to $ 50.

Since the optimum level of price is where marginal cost is equal to marginal revenue.

The marginal cost of production includes all costs that vary with that level of production. For example, if a company needs to build an entirely new factory to produce more goods, the cost of building the factory is the marginal cost.

Marginal Cost = Change in Total Cost / Change in Quantity. Change in Total Cost = Total Cost of Manufacturing Including Additional Units – Total Cost of Manufacturing Regular Units. Quantity Change = Full Quantity Product with Additional Units - Full Quantity Product in Regular Units.

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5 0
2 years ago
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