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Makovka662 [10]
4 years ago
13

Mika has borrowed $5,000 from her cousin Jun and not repaid it. Now, Mika is selling her house to Jun’s nephew, Cheong. As Mika

writes up the contract, Jun tells her that if she doesn’t sell the house at a steeply discounted price, Jun will take the matter of the $5,000 to court. What is true about this situation?
Business
1 answer:
hram777 [196]4 years ago
3 0

Answer:

Jun's pressure and influence has invalidated Mika's consent.

Explanation:

By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above

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In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document
Paha777 [63]

Answer:

Contract

Explanation:

From the question we are informed about instance, whereby In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document the supplier provided which detailed the rights and obligations of the supplier and Torc Tools Corp. In this case, This document is a type of contract. A contract can be regarded as written agreement that binds. Contracts can be explained as documents which define responsibilities as well as roles, and “Work” which is still under the construction Contract, this document can be seen as one that is legally-binding on involved parties, this could be between Owner and Contractor. It do contains information such as General Conditions as well as Special Conditions and Scope of Work.

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4 years ago
What are some of the reasons that work teams have become more prevalent in todayâs organizations? How do they provide a competit
iris [78.8K]

Answer: working as a team sets up organizations for outstanding success and Improvement of team members

Explanation:

Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;

1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other

2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways

3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group

They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.

3 0
3 years ago
Sugar Cane Company processes sugar beets into three products. During September, the joint costs of processing were $150,000. Pro
aev [14]

Answer:

The description as per the given question is described below.

Explanation:

The given value is:

Joint costs of processing,

= $150,000

According to the question,

The ratio of sale value will be:

= 40,000:35,000:25,000

= 8:7:5

On adding we get,

= 8+7+5

= 20

hence,

The amount of joint cost allocated to each product will be:

Sugar,

= 150000\times \frac{8}{20}

= 60,000 ($)

Sugar syrup,

= 150000\times \frac{7}{20}

= 52,500 ($)

Fructose syrup,

= 150000\times \frac{5}{20}

= 37,500 ($)

5 0
3 years ago
Acellus: into to accounting ?
lorasvet [3.4K]

Answer:

make ur question clear

Explanation:

8 0
3 years ago
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The primary horizontal load-bearing component in a floor frame is the
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The answer is the still plate, so C. 
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3 years ago
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