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Maru [420]
3 years ago
11

Which of the following is NOT a type of mistake in contract law?

Business
1 answer:
faltersainse [42]3 years ago
6 0
What are the possible answers
You might be interested in
Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI
makvit [3.9K]

Answer:

The correct answer is option c.

Explanation:

The nominal interest rate was 5 percent.

The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.

The 5% nominal interest rate means that the dollar value of savings increased at 5%.

Inflation rate

= \frac{(150.3 - 144.2)}{144.2}

= 0.0423 or 4.2%

The real interest rate

= Nominal interest rate - rate of inflation

= 5 - 4.2

= 0.8%

The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.

3 0
3 years ago
______is the satisfaction or value people extract from consumed services or goods and those derived from pursued activities. A.
Mars2501 [29]

Answer:

utility

Explanation:

;/

7 0
3 years ago
On July 1, 2019, Sheffield Corp. pays $20,700 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fisca
11111nata11111 [884]

Explanation:

The journal entries are as follows:

On July 1

Prepaid Insurance A/c Dr $20,700

           To Cash A/c $20,700

(Being prepaid insurance is paid)

On December 31

Insurance expense A/c Dr $

          To Prepaid insurance A/c $1,110

(Being the insurance expense is recorded)

The insurance expense is shown below:

= $20,700 ÷ 3 years × 6 months ÷ 12 months

= $3,450

3 0
3 years ago
When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Nataliya [291]

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

7 0
3 years ago
Interference from differences in personality or status is called​
klemol [59]

The interference of personality or status differences is called personality traits, that is, a way developed by psychologists to organize different personalities according to certain dimensions.

<h3>The Big Five Personality Traits </h3>

This is one of the most accepted approaches today, which divides the personality into the following traits:

  • Opening
  • Conscientiousness
  • Extroversion
  • Agreeableness
  • Neuroticism

Each of the traits encompasses different personality facets that help identify which one individual has more or less of compared to another individual.

Therefore, today's organizations need to understand the personality traits of their employees through testing and analysis, to better understand the motivation of each individual and create an organizational culture based on diversity and development.

Find out more information about personality traits here:

brainly.com/question/18782358

3 0
2 years ago
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