Answer:
increased
Explanation:
The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.
Answer:
B: rescind the contract on the basis of undue influence.
Explanation:
The fact that Mona has a guardian infers that this is someone she could trust for at least her financial issues, and because this person has used his or her advantage position and knowledge, and they relationship as well, to induce her to sign a contract she didn't understand fully, she can resort to a contract rescission on basis of undue influence.
Answer:
See below
Explanation:
The above is an incomplete question. From a similar question, we were given cost of goods sold to be $60,800.
Firm's day sales in inventory is computed as;
= (Ending inventory / Cost of goods sold) × 365
Given that;
Ending inventory = $41,000
Cost of goods sold = $60,800
= ($41,000/$60,800) × 365
= 246days
Answer:
The answer to this question is, it depends on the motive for the dissolution.
Explanation:
Partnerships can be very rewarding. Yet they are the most unstable of all the legal personalities which can be created for the purpose of for-profit operations or not-for-profit operations.
The dissolution of a partnership can happen for any of the following reasons:
- Bankruptcy
- Change in business practices
- Death
- Partner negligence
- Poor cash flow and
- Retirement
If a person maliciously deploys any of the scenarios as an excuse to dissolve the partnership, then it becomes unethical. This, of course is difficult to prove. A very unethical case would be to dissolve a partnership a partnership, make away with business secrets to start another. If this is discovered and can be proven, the aggrieved party may seek redress in the law court.
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