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Korvikt [17]
3 years ago
8

Opal asks Paolo, who does not understand English, to sign what Opal says is an application to open a bank account. In fact, the

application is a note. If sued on the note by an HDC, Paolo's best defense would be_________.
A. extreme duress.
B. fraud in the execution.
C. fraud in the inducement
D. mistake
Business
1 answer:
ser-zykov [4K]3 years ago
8 0

Answer:

fraud in the execution    

Explanation:

Fraud in the execution refers to an unlawful act that can have dire results. Fraud is regarded to be enough action purposely scheduled to mislead another individual with a negative impact on that individual. Fraud may include misinterpreting a contractual component or taking something out of a deal that might deceive another person. Fraud could be a serious felony offense.

Thus, from the above we can conclude that the given case depicts fraud in the execution.

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What is the simplest change that can be made to the budget to produce more savings next month? Add to fixed expenses. Decrease f
ivolga24 [154]

The answer to the question is (B) decreases food expenses.

Since the individual wants to reduce budget for a short period of time (within the next month) she should reduce his variable expenses – in which from the option is only decreasing food expenses. It is impossible for her to reduce her fixed expenses (rent, for example) and she should most definitely refrain from adding more. It is near impossible to add total income within such a short period of time as well.

6 0
3 years ago
Describe where you are in life right now. What makes you most excited about where you are now? What questions do you have, and w
Komok [63]
You say: “I'm excited to see there's a lot of opportunity to use advanced computer skills in this position. Being able to build my skills and continue to develop in a growing company is important to me, and there seems to be long-term opportunities here.”
5 0
3 years ago
Read 2 more answers
A seller wants to sell her existing house and owes $290,000 on mortgage. At closing of the sale she will pay $1,400 in closing c
mote1985 [20]

Answer:

$ 363,880

Explanation:

The seller must cover the mortgage, closing costs, and brokerage fee. Once these expenses are covered, the down payment is added. This adds the minimum amount for the house price.

Mortgage      290,000  

Closing costs            1,400

Brokerage fee       <u>  17,400</u> (6% * 290,000)

<h3>Total Expenses 308,800</h3>

Down payment       <u>   55,000</u>

<h3><u>Minimun price</u>    363,880</h3>
6 0
3 years ago
The following information was available for the year ended December 31, 2016: Net sales $ 857,750 Cost of goods sold 609,550 Ave
mario62 [17]

Answer:Inventory turnover = 3.50 Times

Number of days sales in inventory= 94.5 Days

Accounts Receivable Turnover = 21.5 Times

Number of days sales in accounts receivable =12.5 days

Explanation:

a) Inventory turnover  = Cost of goods sold / Average inventory

$609,550 / $174,000 = 3.50 Times

b)Number of days sales in inventory = inventory at year end / Cost of goods sold x 365

$157,800 / $609,550  x 365 = 94.49≈94.5 Days

.

c)Accounts Receivable Turnover  = Net sales / Average accounts Receivable  for the year

$857,750/$39,900 = 21.49≈ 21.5 Times

d)Number of days sales in accounts receivable = end of year Accounts Receivable / Net credit sales x 365

$29,400 / $857,750  x  365 = 12.51 ≈ 12.5 days

8 0
3 years ago
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
aliina [53]

Answer:

(a.) The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. – <em><u>This will fall under the category of Government Spending(G)</u></em>

Reason: In this case the government is utilizing money in order to construct highway that will benefit public.

(b.) Musashi buys a sweater made in Guatemala –<em><u>This will fall under the category of imports(M)</u></em>

Reason: The product/commodity is being produced outside domestic boundaries, hence it is calculated under imports

(c.) Rina gets a new refrigerator made in the United States. - <em><u>This will fall under the category of consumption(C)</u></em>

Reason: Commodities produced within the domestic boundaries and further consumed or bought within domestic boundaries will be calculated under consumption

(d.) Rina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. - <em><u>This will fall under the category of exports(X)</u></em>

Reason:  Here the maple syrup is being delivered to a third party living abroad so it will be calculated under export .

(e.) Musashi's employer upgrades all of its computer systems using U.S.-made parts. - <em><u>This will fall under the category of investment(I)</u></em>

Reason:  Money spent to upgrade the system in order to increase productivity and this indeed will have an effect for a long duration. Therefore it'll be seen as an investment.

6 0
3 years ago
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