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WITCHER [35]
1 year ago
7

bart and claire are under contract for claire to buy bart's house, but her financing fell through. they decide to cancel the con

tract just as if it never happened. which termination method does this describe?
Business
1 answer:
denis23 [38]1 year ago
5 0

Rescission termination method is described as they decide to cancel the contract just as if it never happened.

<h3>What is termination method?</h3>

Termination is defined as the manner in which the connector is attached to the cable or wire. An essential component of using and choosing connections is the appropriate selection of termination techniques and use of termination technologies.

Rescission termination method is defined as a legal remedy that enables a party to a contract to break it. The process of rescinding a transaction. This is carried out in an effort to return the parties to their pre-contractual state as closely as feasible.

Thus, rescission termination method is described as they decide to cancel the contract just as if it never happened.

To learn more about termination method, refer to the link below:

brainly.com/question/14670135

#SPJ1

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Give any two merits and demerits of the partnership firm
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3 years ago
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Video quiz the story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of
ipn [44]

Answer:

C) Several of the characteristics of a high performing strategic leader.

Explanation:

Nishimatsu established several policies (e.g. open-door, eating with employees, etc.) to decentralize planning strategies.

Nishimatsu also had the habit of talking with flight attendants and other low level employees as a way of being well informed about the airline's operations.

He even decided to take a wage cut when the airline was in financial trouble, which is extremely uncommon for a CEO.  

Nishimatsu's behavior and traits made the employees have a very positive opinion of him, and they felt he was approachable and a true leader.

3 0
3 years ago
Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received inco
Fudgin [204]

The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.

5 0
3 years ago
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
4 years ago
On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life,
I am Lyosha [343]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life, it is estimated that the van will be worth $15,600.

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= (153,000/5)*2= 61,200

Year 2= [(153,000 - 61,200)/5]*2= 36,720

Year 3= (55,080/5)*2= 22,032

Year 4= 13,219

Year 5= 7,932

Total= $141,103

5 0
3 years ago
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