In legislature, any consequences of legislation enacted to cancel budget authority previously provided by Congress before the time when the authority would otherwise lapse is called a rescission.
<h3>What do we need to understand about
rescission?</h3>
In legal term, a rescission refers to when a contract is rendered null and void, and so is no longer recognized as legally binding. As such, the ruling courts can free the non-liable parties from their agreed obligations and will effectively seek to restore them to the position they were in before the contract was signed.
In contract law, a rescission can always occur when there is a material error in the contract, evidence of fraud, a lack of legal or mental capacity as well as other applicable circumstances.
In a typical court, the rescission is seen as an equitable remedy and is discretionary and a synonym for termination at law. A ruling court may decline to rescind a contract if one party has affirmed the contract by his action or a third party has acquired some rights or there has been substantial performance in implementing the contract.
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Answer:
11.30%
Explanation:
Roten rooters have an equity multiplier of 1.52
The total assets turnover is 1.20
The profit margin is 6.2%
= 6.2/100
= 0.062
Therefore the ROE can be calculated as follows
= 0.062× 1.52×1.20
= 0.1130×100
= 11.30%
Hence the ROE is 11.30%
If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.
<h3>What is Supply Curve?</h3>
The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.
The complete question is attached below.
According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.
It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.
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The one that best explains the relationships between borrower's credit score and a down payment requirement is :
B. Someone with a high credit score may be required to make a lower down payment
Someone with high credit score usually correlated with Economic stability
hope this helps
Answer:
Over $110,000
Explanation:
According to the Society for Industrial and Organizational Psychology, I/O psychologists who began their careers with doctoral degrees reported an average starting salary of $81,815.
In 2012, Male I/O psychologists with a doctorate reported an average salary of $141,549 per year and female industrial-organizational psychologists with a doctoral degree earned an average of $117,936 per year
In the same year, that is 2012 I/O psychologists who held a doctoral degree earned an average of $95,743 per year with two to four years of experience, according to the Society for Industrial and Organizational Psychology.