1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
3 years ago
13

Which of the following statements (if later established as untrue) would constitute a misrepresentation defense to contract form

ation? a. "You are going to love this house as we have." b. "The school system here is very fine." c. "This farm's well is adequate for household, ranch, and crop needs." d. "Our buyers are the happiest customers around."
Business
1 answer:
schepotkina [342]3 years ago
6 0

Answer:

c. "This farm's well is adequate for household, ranch, and crop needs."

Explanation:

In common law jurisdictions, a misrepresentation is an untrue or misleading statement of fact made during negotiations by one party to another, which induces the other party to enter into the contract.

Only option C above reflects a statement that can be made during negotiation and would most likely induce the acquiring or renting party to enter the contract because it is a benefit on which the price of the property can be determined and buyers respond to perceived benefits.

You might be interested in
Synergy Laboratories has a very liberal atmosphere in which all employees are welcome to participate in the decision-making proc
Luden [163]

Answer:

c. procedural justice.

Explanation:

Procedural justice represents the supposed equality of making decisions. Procedural justice is promoted when officials stick to fair-process laws. One of these laws is speech, or offering an opportunity for workers to share their thoughts and views during making decisions.

Therefore the given situation represents procedural justice so the right answer is a.

6 0
3 years ago
A company had net income of $210,000. Depreciation expense is $27,000. During the year, Accounts Receivable and Inventory increa
Sergio039 [100]

Answer:

a. $179000

Explanation:

The computation of the cash provided by operating activities is shown below:

Net Income $2,10,000    

Add : Depreciation expense $27,000    

Add : Loss on sale of equipment $2,000    

Add : Decrese in prepaid expenses $5,000    

Less : Decrease in accounts payable $6,000    

Less : Increse in accounts receivable $17,000    

Less :Increase in inventory $42,000    

Cash provided by operating activities $179,000

7 0
3 years ago
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $265,000, vari
Bogdan [553]

Answer:

$57,300

Explanation:

Calculation to determine the company's net operating income

Sales $840,000

($265,000+$575,000)

Less Variable expenses $463,400

($141,600+$321,800)

Contribution margin $376,600

($840,000-$463,400)

Less Traceable fixed expenses $193,100

($66,800+$126,300)

Divisional segment margin $183,500

Less Common fixed expenses $126,200

Net Operating Income $57,300

Therefore the company's net operating income will be $57,300

7 0
3 years ago
Pacific Packaging's ROE last year was only 3%; but its management has developed a new operating plan that calls for a debt-to-ca
Natalka [10]

Answer: 12.53%

Explanation:

EBIT = $780,000

Interest = $470,000

EBT = EBIT - Interest

= $780,000 - $470,000

= $310,000

Net Income = EBT - Tax

= $310,000 - (35% × $310,000)

= $310,000 - (0.35 × $310,000)

= $310,000 - $108,500

= $201,500

Total assets turnover ratio = 2.8

Total assets = $10,000,000/2.8

= 3,571,429

Debt ratio = 55% = 0.55

Debt/Total asset = 0.55

Debt/3,571,429 = 0.55

Debt = 0.55 × 3571429

= 1,964,286.4

Equity = 0.45 × 3571429

= $1607143.5

Return on equity = Net income/Equity

= $201,500/$1,607,143.5

= 0.1253

= 12.53%

The company's return on equity will be 12.53%.

6 0
3 years ago
Tesla's use of renewable energy sources is an example of which type of corporate social responsibility?
gizmo_the_mogwai [7]

Answer:

D. Environmental responsibility​

Explanation:

Environmental responsibility can be defined as a set of efforts adopted by companies with the objective of reducing the negative impacts related to business activities and adopting practices aimed at environmental protection.

In the case of Tesla, the use of renewable energies is an example of environmental responsibility, as the company's focus is the production of electric vehicles, which, unlike vehicles that use fossil fuels, do not emit polluting gases that contribute to the greenhouse effect.

Therefore, Tesla offers an alternative that reduces the environmental impact of vehicles, attesting to their environmental responsibility and increasing the brand value, reliability and positioning with stakeholders, being a company aligned with the highest parameters of promoting sustainability.

5 0
3 years ago
Other questions:
  • Ignacio, Inc., had after-tax operating income last year of $1,197,000. Three sources of financing were used by the company: $2 m
    6·1 answer
  • On january? 1, 2017, dodge company purchases? $90,000, 7% bonds at a price of 86.4 and a maturity date of january? 1, 2027. dodg
    9·1 answer
  • On Aug. 6, D submitted an application for a $50,000 Life insurance policy and did not pay the initial premium. On Aug. 18, D wen
    10·1 answer
  • Traders from the faraway nation of Chplandia have brought infected goods to market in the capital of Pcoria. As a result, a new
    6·1 answer
  • Mandy and Jeff have a net worth of $25,000 and total assets of $140,000. If their revolving credit and unpaid bills total $2,200
    7·1 answer
  • Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today,
    11·1 answer
  • Steve Jobs was a demanding perfectionist when it came to his business. In fact, the case recounts instances where Jobs would hav
    6·2 answers
  • A business plan is a form of proposal. If you are serious about starting a business, you will need to write a comprehensive, tho
    14·1 answer
  • A monopolistically competitive firm is one:
    6·1 answer
  • Economies of scale and intra-industry trade combine to produce ________. group of answer choices
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!