Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
A settlement made with the aid of using a minor is frequently voidable, however a minor can most effective keep away from a settlement all through his or her minority popularity and for an inexpensive time after he reaches the age of majority. After an inexpensive length of time, the settlement is deemed to be ratified and cannot be avoided.
- Facts of the case: Sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. At age 19, he wants to void the agreement by claiming that he lacked capacity when he signed the deal at 17.
- Rule of Law: Minor's Contracts are voidable at the option of Minor.
- Analysis: Since, Minor's Contract is voidable at the option of the Minor who Signs the Contact can either honor the contract or void the contract. A minor can void a contract for lack of capacity, only when he is still under the age of majority. If a minor turn 18 i.e., After attaining Majority and hasn't done anything to void the contract, then the contract can no longer be voided.
- Here, Sean has not done anything to void the contract on attaining the age of 18. So, he at the age of 19, cannot void the agreement by claiming that he lacked capacity when he signed the agreement at 17.
- Decision: Sean Vs. Sportswear Company: In the light of the above provisions, a Court will not permit Sean to now void the agreement.
Learn more about minority popularity here:
brainly.com/question/14457086
#SPJ4
Answer:
13 years
Explanation:
Note that, if we add the annual interest rate of 7.9% to $8000 [(0.079*8000)+8000] we get a total value of $8632. We perform random division of the 8632 with 11 12, 13 years we note that at 13 years the total annual payment is lowest.
Such that 8632/13 years= $664 lower than paying $750.
The best type of system for the order of the jewelry would be:
<span>1. </span>A customer chooses what he wants from the jewelry
<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order
<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.
<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>
Answer:
option 14.92%
Explanation:
Data provided in the question;
Expected annual dividend to be paid = $0.65
Expected growth rate = 9.50%
Walter’s stock currently trades = $12.00 per share
Now,
Expected rate of return = 
+ Growth rate
or
Expected rate of return = 
+ 9.50%
or
Expected rate of return = ( 0.054167 × 100% ) + 9.50%
or
Expected rate of return = 5.4167% + 9.50%
or
Expected rate of return = 14.9167 ≈ 14.92%
Hence, the correct answer is option 14.92%
