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nordsb [41]
4 years ago
5

Gunnar, age 12, is paid $8 a week by his parents, bjorn and anna, to clean his room, fold and put away his laundry, take out the

trash, empty the dishwasher, and tend the sheep after school. on saturday, he offered to clean his room for additional time playing xbox. his room was very messy. which is true?
Business
2 answers:
daser333 [38]4 years ago
7 0

I guess the correct answer here is,

Cleaning his room would not be adequate consideration for the additional Xbox time.

Taya2010 [7]4 years ago
7 0

Answer:

Cleaning his room would not be adequate consideration for the additional Xbox time.

Explanation:

According to a different source, these are the options that come with this question:

  • Cleaning his room would be adequate consideration in exchange for playing Xbox.
  • Cleaning his room would not be adequate consideration for the additional Xbox time.
  • The contract is void as Gunnar is a minor.
  • None of the above.

In this example, we learn that the $8 that Gunnar is paid a week include the task of cleaning his room. Therefore, if Gunnar wants to do something in addition to this in order to earn more time with his Xbox, he needs to do something that is extra. In other words, a task that he was already meant to do cannot be adequate consideration for an extra reward.

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Sufficient Dwelling Coverage? Colton Gentry of Lancaster, California, has owned his home for ten years. When he purchased it for
Shtirlitz [24]

Answer:

a. $17,978

b. $300,000

Explanation:

Conditions

  • The  cotton country of lancaster, california has owned his home for ten years
  • purchased it for $178,000, cotton bought a $160,000 homeowner's insurance policy
  • the replacement cost of the home is now $300,000

a.    hence,

the proportion of the house insured = \frac{InsuranceAmount}{PriceOfThe Home} \times 100%

                                                             = \frac{160000}{178000}\times 100

                                                             =   89.89%

Percentage amount covered by the policy

= proportion of the house insured = 89.89%

Amount covered by the policy in dollars

= $20,000 × 89.89%

= $17,978

b

Amount of insurance on the home that cotton should now carry to be fully reimbursed for a fire loss  = current value of the home

= $ 300,000

5 0
3 years ago
Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 5.90%, and a maturity risk premium of 0.
never [62]

Answer:

the rate of return that expected on one year treasury security is 9.00%

Explanation:

The computation of the rate of return that expected on one year treasury security is as followS

= Risk free rate + average expected future inflation rate + maturity risk premium

= 3.00% + 5.90% + 0.10%

= 9.00%

Hence, the rate of return that expected on one year treasury security is 9.00%

Therefore the correct option is d.

And, the rest of the options are wrong

5 0
3 years ago
What are the various methods of collecting data? Explain with suitable example​
Reil [10]

Answer:

Mark my answer brainliest

3 0
3 years ago
which of these statements regarding unit investment trusts (uits) is correct? a) units in a uit are priced in the secondary mark
MA_775_DIABLO [31]

Units are actively managed, as portfolio managers typically attempt to match the return of a stated index

<h3>What is  portfolio manager ?</h3>

A portfolio manager (PM) is a qualified individual tasked with selecting investments and carrying out related tasks on behalf of invested people or organizations. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.

PMs are in charge of developing an investment strategy, choosing the right investments, and properly allocating each investment to an investment fund or asset management vehicle. They collaborate with a team of analysts and researchers to carry out these tasks.

An investment manager's objective is to generate a return that is higher than the return anticipated given the level of risk. Investors can keep track of this return through performance reports given by the PM on a weekly, monthly, quarterly, or annual basis. A performance benchmark or a comparison of the manager's investment approach to an index may be established.

To know more about  retirement fund

brainly.com/question/14826786

#SPJ1

6 0
1 year ago
Engineers and capital equipment manufacturing managers who have been recently laid off because companies are not buying new capi
BARSIC [14]

The fact that the engineers and capital equipment managers have been laid off because of the economic downturn will increase<u> cyclical unemployment. </u>

<h3>What is cyclical unemployment?</h3>

This is a type of unemployment that happens when there is a loss of productivity in the economy.

The loss of jobs by these engineers and managers will therefore lead to more cyclical unemployment.

Find out more on types of unemployment at brainly.com/question/11786076

#SPJ1

7 0
2 years ago
Read 2 more answers
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