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dsp73
3 years ago
10

Guido and Hal want to rescind their contract under which Guido sold Hal a mountain bike for $100. To rescind the contract​ Selec

t one:
a. ​Guido must return the $100 and Hal must return the bike.
b. ​Guido must return the $100 only.
c. ​Hal must return the bike only.
d. ​the parties can keep the "benefits" of their bargain.
Business
1 answer:
Leokris [45]3 years ago
8 0

Answer:

a. ​Guido must return the $100 and Hal must return the bike.

Explanation:

As they are rescinded they must return things that they agreed. In that condition Guido must return  $100 and Hal must return the bike. Other options don't match with the rescind issue.

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Sheridan Company had the following department data on physical units: Work in process, beginning 3080 Completed and transferred
Karo-lina-s [1.5K]

Answer:

Equivalent units for the month = 18,720

Explanation:

Provided that

Opening units of work in process = 3,080 units

Which are 100% complete to materials as the materials are added fully initially.

Completed and transferred during the period = 19,400

Since not provided assumed these are added during the period, and includes opening work in process.

Closing Work in process = 2,400 units.

For the period equivalent units = During the month + Closing - Opening

= 19,400 + 2,400 - 3,080 = 18,720 units

6 0
3 years ago
According to Barry Oshry, system blindness: occurs in a limited amount of organizations. causes low-level employees to feel over
Nataly_w [17]

Answer:

is rooted in troubled relationships between groups that have little grasp of what’s going on outside their own neighborhood.

Explanation:

This alternative is correct because according to Barry Oshry's studies system blindness occurs when behavioral patterns are negatively cultivated in an organization. Barry studied how to positively motivate employee behavior and reverse negative patterns.

System blindness is a flaw that must be reviewed and reviewed by organizational leaders, the cause of negative patterns must be studied and reviewed, and the question of which organizational policy and culture is contributing to blindness among employees must be ascertained.

8 0
4 years ago
Zimmerman Auto sells new and used cars. Among its assets are the following: (1) the showroom building, a separate building used
In-s [12.5K]

Answer: The assets that are classified as plant assets on the company's balance sheet include :

(1) the showroom building, a separate building used to service customer cars, and various parking lots.

Plant asset is known as the long-term fixed asset that is used to bring forth or sell commodities and services for the institution. These assets are tangible and are expected to produce economic benefits for the organization.

4 0
4 years ago
If the prepaid rent account before adjustment at the end of the month has a debit balance of $2,800, representing a payment made
Fudgin [204]

Answer:

$2,100

Explanation:

The amount that will appear in the balance sheet after the adjustment of the rent expense of the $700 during the month is given as follow:

Amount of prepaid rent on balance sheet at the end of month=Debit balance of prepaid rent-monthly rent expense for the month

Amount of prepaid rent on balance sheet at the end of month=$2,800-$700

                                                                                                       =$2,100

5 0
3 years ago
Monica received an inheritance of $70,000. She invested part at 11% and deposited the remainder in tax-free bonds at 10%. Her to
erica [24]

Answer:

The correct answer is $50,000.

Explanation:

According to the scenario, the given data are as follows:

Amount = $70,000

Invested at rate = 11%

Tax free investment = 10%

Total income from investments = $7,500

So , we can calculate the invested at 11% by using following formula:

Let the amount invested at 11% = X

So,

= 11% × X + (70,000 - X) × 10% = $7,500

= 0.11 × X + (70,000 - X) × 0.1 = $7,500

= 0.11X + 7,000 - 0.1X = $7,500

= 0.11X -0.1X = $7,500 - $7,000

= 0.01X = $500

X = $500 / 0.01

= $50,000

Hence, the amount invested at 11% is $50,000.

5 0
4 years ago
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