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nlexa [21]
3 years ago
14

The criteria that parties to a contract must be in agreement is also known as

Business
1 answer:
irga5000 [103]3 years ago
7 0

Answer:

C: Mutual Assent.

Explanation:

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, the criteria that parties to a contract must be in agreement is also known as mutual assent.

<em>In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties. </em>

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Caribbean Reef Software has 8.4 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments
Zepler [3.9K]

Answer:

9.14%

Explanation:

Calculation for YTM

First step is to use financial calculator to find the I which represent Interest rate

FV = 1,000

PMT= 1,000*8.4%/2= 42

N= 9years*2= 18

PV= -955

Hence,

I= 4.57%

Now let calculate YTM

YTM = 4.57%*2

YTM =9.14%

Therefore YTM will be 9.14%

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3 years ago
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Answer:

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2 years ago
Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha
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These arise out of the <u>legal</u> environment of business.

<u>Explanation</u>:

A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.

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The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

5 0
2 years ago
Assume that a company announces an unexpectedly large cash dividend to its shareholders. In an efficient market without informat
HACTEHA [7]

Answer:

The correct option is A, abnormal price change at the announcement

Explanation:

Abnormal price increase before the announcement would only  be the case if the there was insider dealing, that is there exists information leakage.

An abnormal price decrease cannot be the case, the market prices a share based on its earnings' strength, in other words a stock with high dividends prospect is priced high.

Option D is wrong there would a price change stemming from the announcement made about large cash dividends payout

5 0
3 years ago
Tristan transfers property with a tax basis of $1,245 and a fair market value of $1,750 to a corporation in exchange for stock w
Bas_tet [7]

Answer: $1644

Explanation:

The corporation's tax basis will be the addition of the tax basis of Tristan and the gain that is recognized on the exchange by Tristan.

Gain realized = 1750 - 1245 = 505

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The gain recognized on the exchange will the value that's lower between the gain realized which is $505 and the boot received which is $399. Therefore, gain recognized = $399.

The corporation's tax basis will then be:

= Tristan Tax basis + Gain recognized

= 1245 + 399

= 1644

6 0
3 years ago
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