1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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As they are rescinded they must return things that they agreed.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.

You might be interested in
Fundamental areas of management in supply chain operations management include:____________
inessss [21]

Answer:

<u>1.</u> Quality, Inventories, and Processes.

Explanation:

6 0
3 years ago
A central bank acts as a lender of last resort especially in times of financial crisis. What is the purpose of this function
mr_godi [17]

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

7 0
3 years ago
Dunay Corporation is considering investing $750,000 in a project. The life of the project would be 11 years. The project would r
photoshop1234 [79]

Answer:

The Net Present Value is - $20324

Explanation:    

We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.

We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000

CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)

CF 1 160 inflow

CF 2 160 inflow

CF 3 160 inflow

CF 4 160 inflow

CF 5 160 inflow

CF 6 160 inflow

CF 7 160 inflow

CF 8 160 inflow

CF 9 160 inflow

CF 10 160 inflow

CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220

We now use our financial calculator and input these amounts into the calculator.

We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.

We get an answer of -20,32400407

We now need to put the amount into thousands. Thus = -20324,004

rounded to the nearest dollar we get - $ 20324

7 0
3 years ago
Please help solve: Suppose that initially the money supply is $1 trillion , the price level equals 3, the real GDP is $5 trillio
topjm [15]
The new price level after the increase in the money supply is 3.3. Therefore, the percentage increase in the money supply is 10%. The percentage change in the price level is 10%. Percentage change in the money supply is the same as the percentage change in the price level.
3 0
3 years ago
Rights guaranteed by the First Amendment include _____.
WITCHER [35]
<span>D. all of these is correct</span>
7 0
4 years ago
Read 2 more answers
Other questions:
  • On February 1, 2021, Miter Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six mont
    8·1 answer
  • If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the
    6·1 answer
  • Which of the following correctly describes how price adjustments eliminate a shortage?
    15·1 answer
  • Sara is the team leader for the remote coding project team at her hospital. Sara reports to the chief financial officer (CFO). T
    8·1 answer
  • On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,00
    10·1 answer
  • A company purchases 12,000 pounds of materials. The materials price variance is $6,000 favorable. What is the difference between
    9·1 answer
  • Smith Office Equipment​ Company's budgeted manufacturing overhead is $ 4 comma 500 comma 000. Overhead is allocated on the basis
    6·1 answer
  • Please help , Thank you.
    15·2 answers
  • . Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight of
    13·1 answer
  • Yesterday, Bob and Maria were not willing to trade $40 for book. Today, they are. What made the difference?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!