Answer:
There is no contract since both Helen and Garth made a mutual mistake.
In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.
Mutual mistakes are not on purpose, they are mistakes committed in good faith.
Answer:
The correct answer is the option F: a, b and c only.
Explanation:
To begin with, in most of the cases where a company receives commodities from other business and also gives finished products to other companies normally tend to focus more in his own stock price just like the other members of the supply chain do. In addition to that, these types of companies also focuses in the short run and in the day to day business due to the fact that do not encourage the fact of creating an alliance with the other members of the chain. And finally, all those factors take part of a whole that also includes the fact of not having time to learn how to implement collavorative business models to improve the perfomance of the business at the long run due to the fact that the managers are to busy working in the day to day operations and focuses on the short run and their own stock prices and not on working with the other managers' companies of the supply chain to establish an alliance that will help all of the members to improve everyone's performance and product.
Answer: d. a two year opportunity cost of $40,000 after leaving her teaching position.
Explanation:
Hi, to answer this we have to analyze the information given.
The difference between teaching modern dance and joining a touring dance company per year is:
- $44,000- $24,000 = $20,000
We simply subtracted the earnings per year at the touring dance company to the earnings per year of teaching modern dance.
The opportunity cost per year is $20,000.
Since she is joining the touring dance company for 2 years, the opportunity cost is:
Dawnell’s decision will result in a two-year opportunity cost of $40,000 after leaving her teaching position. (option d)
Answer:
Quoted price of bond = $1825.05
Explanation:
The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.
The interest is payed semi annually, thus the semi annual coupon payment (C) is,
C = 2000 * 5.87% * 6/12 = 58.7
The semi annual YTM is = 6.9%/2 = 3.45%
Total semi annual periods are = 13 * 2 = 26
Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345] + 2000 / (1+0.0345)^26
Bond Price = $1825.051207 rounded off to $1825.05
Answer: A. What is the retailer’s markup percentage on selling price?
Explanation:
