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Answer and Explanation:
According to the scenario, the explanation of the given situation are as follow:-
1. Ability of Contract : According to the law except of some contract a minor can enter into any contract. Mr. kalen is a seventeen year old minor and he can entered the rent contract because it is not banned by the government for the minor.
2. This is a voidable contract because Mr. Kalen is a minor and he not legally capable to entering in agreement. In voidable contract one party has a right to discontinue the contract it is depends on him that he want to void it or not. If he wants to void it he cannot be bound to go further with this contract. If a minor wants he can rightfully dis-affirm any contract in which he enters.
According to the analysis, under this circumstance, Mr. kalen is not bound to the contract because he is still minor and he shows his disaffirmance of contract by returning the key to landlord. So he is not liable for the balance of the payments due under the lease.
with an expected rate of return of 10% and a default risk of 20% over the portfolio life with an expected rate of return of 10% and a default risk of 20% over the portfolio life
<h3>What is
rate of return?</h3>
A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product.
The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are anticipating that the value of your investment will rise by 10% each year.
Assume an investor paid $950 for a short-term bond, such as a US Treasury Bill, and redeemed it at maturity for its face value of $1000.
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Answer:
decreasing
Explanation:
because more and more machines are made to do work
Answer: Option (B)
Explanation:
Reengineering is referred to as the remodel of the business or organization processes and further the systems and the structure of the organization— so as to accomplish the dramatic development in their performance. It has been also referred to as the new approach to adhere to the business development, with potential so as to accomplish dramatic improvement in their performance.
