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3 years ago

Problems with capacity and consent:

Business

1 answer:

Natalija [7]3 years ago

8 0

Answer:

The correct answers are: 1. voidable, 2. capacity, 3. consent

Explanation:

For a contract to be legally valid, the concurrence of three essential requirements or elements is required, which are: the consent of the contracting parties, the true object that is the subject of the contract and the cause of the obligation to be established.

The consent is the manifestation of will of the parties, consisting of the concurrence of the offer and its acceptance, on the object and the cause of the contract. Any consent given by error, violence, intimidation or intent is void.

The purpose of the employment contract is the provision of paid services for others. Services contrary to laws or good customs, nor those that are outside the trade of men, cannot be subject to the contract.

Example: The provision of prostitution or drug trafficking services cannot be the subject of the employment contract.

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Moorman Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The

Svetlanka [38]

Answer:

Overhead:

Other 18,750

Setting up 13,200

Processing 34,850

Explanation:

We multiply each activity cost pool by the rate of each department, then we add them to get the total overhead per department:

Processing

Depreciation: 55% x 59,000 = 32,450

Indirect labor: 30% x 8,000 = 2,400

Total: 34,850

Setting Up

Depreciation: 20% x 59,000 = 11,800

Indirect labor: 20% x 8,000 = 1,600

Total: 13,200

Other

Depreciation: 25% x 59,000 = 14,750‬

Indirect labor: 50% x 8,000 = 4,000

Total: 18,750

4 0

2 years ago

When a company purchases another company and the purchase price is greater than the fair value of the net assets acquired, this

34kurt

Answer:

Goodwill

Explanation:

Goodwill is an intangible asset, reported on the balance sheet asset side. It is used yearly for the impairment tests.

When the company purchase another company and its purchase price is more than the fair value of the net asset so the excess amount would be called as a goodwill

The fair value of the net asset is come from subtracting the

= Company assets - company liabilities

6 0

3 years ago

There is no doubt that the product development stages are very important in creating a successful product.

skelet666 [1.2K]

Answer:

i think its important because working through these creates the plan for the product, creation of sed product how to use it sell it and have a successful product.

3 0

3 years ago

What is the safest way to dispose of old bank account statements?

zheka24 [161]

Soaking the documents in water after tearing them up words well, burning them is less safe, but is the safest for your records, always tear or shred them no matter what

7 0

3 years ago

Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the enti

Paul [167]

The primary function of supply chain management system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.

<h3>What is the supply chain management?</h3>

In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.

In conclusion, the primary function of any supply chain management system is to provide the managers with increased visibility of the logistics process.