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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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If the expected ROE on reinvested earnings is equal to k, the multistage DDM reduces to:_______A. VO= (Market return in year 1)/

slega [8]

Answer:

VO = ( expected EPS in year 1 )/k ( D )

Explanation:

The multistage DDM reduces to, VO = ( expected EPS in year 1 )/k, The expected ROE on reinvested earnings been equal to K shows that the ROE is constant. since it is constant the value on returned earnings would be zero.

this simply means that EPS = DPS

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3 years ago

The principle of ____ in the products liability context holds that all merchant sellers of a defective and dangerous product are

saw5 [17]

Answer: Strict product liability

Explanation:

Strict product liability holds that all merchants sellers of defective and dangerous product are responsible for the outcome of their products regardless of who among them is at fault. The merchants bear the risk for this particular product based on how dangerous they seen to be.

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4 years ago

Susan williams runs a small flagstaff job shop where garments are made. the job shop employs eight workers. each worker is paid

slavikrds [6]

Labour Productivity is basically the worth of goods produced by each labour or collectively in an hour, This can be expressed in the formula below:

Labour Productivity per hour of work= $\frac{Worth of Goods Produced}{Total Number of Labour Hours}$

In order to find worth of goods we shall use below Formula:

Worth of Goods= Sale Price per Unit*Number of Units Sold

In given case there are 2 types of goods sold as below

1. Proper Garments

Worth of Goods Sold= $210*78 Garments

Worth of Goods Sold=$16380

2. Seconds

Worth of Goods Sold= $100*54

Worth of Goods Sold= $5400

Total Goods Sold= $5400+$16380

Total Worth of Goods=$21780

Total Hours Worked= No of Workers*Hours Worked each Worker

Total Hours Worked= 8*45

Total Hours Worked=360 Hours

Labour Productivity= $\\ \frac{21780}{360}$

Labour Productivity=$60.5 per Hour

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3 years ago

A local utility company needs to make a decision regarding which tire type to use for the truck it uses when servicing the local

Arada [10]

Answer:

Explanation:

Using type B

Rate of gasoline use = 25 miles per gallon

In 1 year - 25000 miles

So, gasoline to be spent = 25000/25=1000

Using type A

Rate of gasoline use = 20 miles per gallon

In 1 year - 25000 miles

So, gasoline to be spent = 25000/20=1250

1250 -1000=250

Thus, by using type B, save up 250 gallons and 250*$3 = $750

Total cost of A:

Gasoline costs for year = 1250*3=$3750; for 6 years $22500

Tires last for 2 years (50000/25000), so it needs to be repurchased 3 times

Tire cost = 3*240*4 = $3000

Total Cost = 3000+22500=25500

Total cost of B:

Gasoline costs for year = 1000*3=$3000; for 6 years $18000

Tires last for 3 years (75000/25000), so it needs to be repurchased 2 times

Tire cost = 2*400*4 = $3200

Total Cost = 3200+18000=21200

Type B is cheapest and lasts longer, so it should be purchased

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4 years ago

Zhao Co. has fixed costs of $390,600. Its single product sells for $181 per unit, and variable costs are $119 per unit. The comp

Julli [10]

Answer:

Explanation:

The preparation of the contribution margin income statement for the year ended December 31, 2017 is presented below:

Sales (10,000 units × $181) $1,810,000

Less: Variable cost (10,000 units × $119) ($1,190,000)

Contribution margin $620,000

Less: Fixed cost ($390,600)

Net income $229,400

5 0

3 years ago