Duress is a possible ground for rescission of a contract. a. true b. fals

I need help starting this

Nesterboy [21]

Answer:

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Explanation:whats the subject

4 0

3 years ago

Rauch Inc. leases a piece of equipment to Donahue Corp. on Jan 1 2017. The lease agreement called for annual rental payments of

Eduardwww [97]

Answer:

Explanation:

1. Suppose the instead of $8,250, Rauch expects the residual value at the end of the lease to be $5,000, but Donahue agrees to guarantee a residual value of $8,250. All other facts being eqaul, how would Rauch change the amount of the annual rental payments, if at all?

A lower residual value means the car is expected to hold its value less (depreciate more) over the lease term.

Therefore, since most of the lease payment covers the cost of depreciation., more depreciation (or lower residual value) will most likely result into higher monthly payments over the lease term.

2. Explain how a fully guaranteed residual value by Donahue would change the accounting for Rauch, the lessor.

The financial accounting term guaranteed residual value has to do with an additional payment made by a lessee in property, cash, or both at the termination of the lease.

Therefore since Guaranteed residual values are financial commitments made by the lessee, they are factored into the calculation of the minimum lease payment.

3. Explain how a bargain renewal option for one extra year at the end of the lease term would change the accounting of the lease for Rauch, the lessor.

A bargain renewal option is a clause in a lease contract that gives the lessee the option of extension of the term of the lease at a substantially lower trate than the going market rate.

The presence of this clause in a lease contract will most likely imply that the lease will change to a finance lease rather than an operating lease

4 0

3 years ago

Marginal revenue can become negative for A. both competitive and monopoly firms. B. monopoly firms but not for competitive firms

Lena [83]

Answer:

B. monopoly firms but not for competitive firms.

Explanation:

Marginal revenue can become negative for monopoly firms but not for competitive firms.

A monopolist’s marginal revenue is always less than or equal to the price of the good.

Marginal revenue is the amount of revenue the firm receives for each additional unit of output. It is the difference between total revenue – price times quantity – at the new level of output and total revenue at the previous output (one unit less).

Since the monopolist’s marginal cost curve lies below its demand curve. When a monopoly increases amount sold, it has two effects on total revenue:

– the output effect: More output is sold, so Q is higher.

– the price effect: To sell more, the price must decrease, so P is lower.

For a competitive firm there is no price effect. The competitive firm can sell all it wants at the given price.

So the marginal revenue on a monopolist's additional unit sold is lower than the price, because it gets less revenue for selling additional units.

Marginal revenue can become negative – that is, the total revenue decreases from one output level to the next.

5 0

3 years ago

In a flexible budget performance report _____.

natulia [17]

Answer:

b. the budget is adjusted to the actual activity for the period.

Explanation:

A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.

The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.

3 0

3 years ago

Which of the following helped fuel economic growth by encouraging people to buy american goods? monopolies patents protectives t

Nataliya [291]

Tariffs. monopolies allow companys to set the price at whatever they want and they are illegal in the U.S exept in certain cases, patents cause one person or group to have compleate rights over their invention and keeping anyone from using it without having to pay them money. i have no idea what it means by protectives but finally tariffs are a tax on foreign good making it cheaper to by goods from in this case america

7 0

3 years ago

Duress is a possible ground for rescission of a contract.​ a. true b. fals

Duress is a possible ground for rescission of a contract. a. true b. fals