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bearhunter [10]
3 years ago
9

Without authorization, rolf contracts on behalf of sari to have tige paint the interior and exterior of sari's house. aware of a

ll material facts involved, sari ratifies the contract. later, sari tries to rescind the part of the contract relating to the exterior. this attempt will be
Business
2 answers:
Arturiano [62]3 years ago
6 0

Answer options:

a. partly successful.

b. partly unsuccessful.

c. totally successful.

d. totally unsuccessful.

Answer:

D) totally unsuccessful.

Explanation:

Since Sari ratified the contract that Rolf made with Tige, then she should not try to rescind it because Tige can enforce it. Sari had the chance to void the contract, but instead she voluntarily decided to ratify it, and by doing so she expressly agreed to perform her part (which is paying for it).

Mademuasel [1]3 years ago
6 0

Group of answer choices:

A) partly successful

B) partly unsuccessful

C) totally successful

D) totally unsuccessful

Answer:

The correct answer is letter "D": totally unsuccessful.

Explanation:

Even if Rolf hired Tige without consulting Sari, Sari ratified the contract which makes it completely legal under the terms Rolf and Tige agreed, implying in the case, painting Sari's house interior and exterior. Therefore, if Sari regrets part of the contract signed, Sari will have nothing to do having given her consent at first. Her attempt to rescind the part of the contract relating to painting the exterior would be <em>totally unsuccessful </em>for such a matter.

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5. Elmofud, Inc. is considering splitting its stock. The stock is currently priced at $90 per share. You own 100 shares of the s
UkoKoshka [18]

Answer:

total value be in the stock $9,000

Explanation:

given data

currently priced = $90 per share

Number of Stocks = 100 share

solution

we get here first Value of Position that is express as

Value of Position = $90  × 100

Value of Position = $9,000

and

After stock split

Number of Stocks will be

Number of Stock  = 100 × 3 = 300

and

Price per Share will be

Price per Share = \frac{90}{3}  

Price per Share = $30

so

Value of Position = 30 × 300

Value of Position = $9,000

8 0
3 years ago
The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a si
SVEN [57.7K]

a) The 1-year interest rate is <u>3.25%</u>.

b) The 2-year interest rate is <u>7.12%</u>.

c) The 3-year interest rate is <u>11.68%</u>.

d) The 4-year interest rate is <u>16.99%</u>.

e) The yield curve is always <u>upward-sloping</u>.  With increased time to maturity, interest rate increases to compensate for the increased risks associated with a longer term.

f) Yes.  The usual shape of the yield curve is upward-sloping because short-term securities generate lower yields than long-term debt instruments.

<h3>What is the interest rate?</h3>

The interest rate is the compensation for undertaking financial risks in view of the time value of money.

The interest rate depends on two factors, the maturity period and the implied risks involved.

The interest rate can be computed using the following yield-to-maturity formula:

YTM Formula = (100%/Price %) - 1

Years to      Price (% of       Interest rate =

Maturity      face value)     (100%/Price %) - 1

1                    96.852%        3.25% (100/96.852 - 1)

2                   93.351%         7.12% (100/93.351 - 1)

3                   89.544%       11.68% (100/89.544 - 1)

4                   85.480%      16.99% (100/85.480 - 1)

Learn more about the interest rate and yield-to-maturity at brainly.com/question/28033398

#SPJ1

6 0
1 year ago
1. Executive Chalk is financed solely by common stock and has outstanding 25m shares with a market price of $10 per share. It no
elena-s [515]

Answer:

a. $10 per share  

b. 16 million shares

c. $250 million

d. 64%

e. No one gain or loss

Explanation:

a. The expected market price of the common stock is same as given in the question i.e $10 per share  

b. The buy back shares would be

= New debt value ÷ market price per share

= $160 million ÷ $10

= 16 million shares

c. The market value of the firm would be

= (Outstanding shares - buy back shares) × market price per share + debt value

= (25 million shares - 16 million shares) × $10 + $160 million

= $90 million + $1260 million  

= $250 million

d. The debt ratio would be

= Debt value ÷ market value of the firm

= $160 million ÷ 250 million

= 64%

e. No one gain or loss

4 0
3 years ago
All potential customers who have similar characteristics are considered a market. True or false.
marta [7]

Answer: True

Explanation: A market is a gathering of potential buyers who are looking to purchase a good or service, and prospective sellers who are willing to provide these goods or services. If customers have similar needs and characteristics for why they require a product, then these customers can be classified under the same market. This makes it easier to supply similar goods to a vast majority of customers who have the same needs for the good. They can be placed into a homogenous market, which is a market place where the goods traded are roughly the same throughout.

8 0
3 years ago
What are the recommendations for completing insurance forms to facilitate optical scanning?
Gekata [30.6K]

Write in capital letters and no punctuation, and be sure that all information is within the required box, check for typographical errors that might cause the claim to be rejected.

4 0
3 years ago
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