Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
Answer:
Explanation:
Face value = 1000
market price = 1000
annual yield = 106
yield to maturity = (106/1000) x 100
= 10.6 % .
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
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Right to Safety</span>
</span>
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Responsibility of Right to Safety</span>
</span>
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Right to Be Informed</span>
</span>
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Responsibility of Right to Be Informed</span>
</span>
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Right to Choose</span>
</span>
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Responsibility of Right to Choose</span>
</span>
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Right to Be Heard</span>
</span>
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Responsibility of Right to Be Heard</span>
</span>
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Right to Redress</span>
</span>
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Responsibility of Right to Redress</span>
</span>
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Right to Consumer Education</span>
</span>
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Responsibility of Right to Consumer
Education</span>
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Right to Healthy Environment</span>
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Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer and Explanation:
a. The computation of the weighted average contribution margin ratio is shown below:
The Contribution margin ratio is
= (Combined contribution ) ÷ (Sales)
= ($60,000 + $180,000) ÷ ($1,000,000)
= ($240,000) ÷ ($1,000,000)
= 0.24
b. Now the break even point in dollars is
= Fixed cost ÷ contribution margin ratio
= $300,000 ÷ 0.24
= $1,250,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
B.stays with you for life.