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
Tom [10]
2 years ago
13

Which of the following is involved in a situation in which a person refuses to perform according to a contract unless the other

person either signs another contract with the one making the threat or pays that person a higher price than was specified in the original agreement?A. Fraudulent duressB. Conditional duressC. Negligent duressD. Economic duressE. Undue influence
Business
1 answer:
nika2105 [10]2 years ago
7 0

Answer:

D. Economic duress

Explanation:

Economic duress -

It refers to the condition in the contract, where the first party threatens to cancel the deal, as the other party does not agrees to the demand of the first party, is referred to as economic duress.

The condition arises in case of any major feud between the two parties, where one of the party is left with no choice, but to follow the other party.

It is a type of forceful situation.

Hence, from the given scenario of the question,

Economic duress is showcased in the question, as one party threatens to cancel the contract, unless and until the second party agrees to all the conditions.

You might be interested in
The following information is available from the records of a manufacturing company that applies factory overhead based on direct
WITCHER [35]

Answer:

The manufactured overhead was under-estimated.

Explanation:

Giving the following information:

The actual manufacturing overhead costs incurred were $515,000.

Estimated Manufacturing overhead was $500,000.

Overhead allocation is the distribution of indirect costs to produced goods. When the administration has undervalued and under-funded the amount of money needed for non-production costs, they have under-allocated overhead.

<u>Over applied manufacturing overhead:</u>

<u></u>

Applied overhead>Actual overhead

<u>Under applied manufacturing overhead:</u>

Applied overhead<Actual overhead

In this exercise:

Actual manufacturing overhead - Estimated Manufacturing overhead= 515000- 500000= 15000

The manufactured overhead was under-estimated.

8 0
3 years ago
Due Monday by 5:29pm Points 100 Submitting a file upload Available Nov 30 at 12am - Dec 7 at 5:29 pm 8 days ACG2021 - Comprehens
jarptica [38.1K]

Answer:

Explanation:

What’s the question?!

3 0
3 years ago
3. This year, Paula and Simon (married filing jointly) estimate that their tax liability will be $200,000. Last year, their tota
choli [55]

Answer:

When a taxpayer has an underpayment of estimated tax or fall behind on his/her tax prepayment, then he/she is required to pay a penalty on Form 2210. This penalty is called underpayment penalty.

According to the tax laws, Mr. P and Ms. S can avoid an underpayment penalty if their withholding's and estimated tax payments equal or exceed one of the following two safe harbors:

  • 90 percent of current tax liability ($200,000 x 90% = $180,000)
  • 110 percent of previous year tax liability (110% x $170,000 = $187,000)

From the above calculation, it is clear that Mr. P and Ms. S's withholding's ($175,000) do not equal or exceed the amount of two safe harbors. So, they need to increase their withholding's or make estimated payments to avoid underpayment penalty.

If Mr. P and Ms. S increase their withholding's by $5,000 or make estimated payments of $1,250

per quarter ($5000/4), they can avoid the underpayment penalty.

Mr. Paula and Simon average gross income is greater than $150,000, so 110% is taken.

7 0
3 years ago
Read 2 more answers
Which of the following helped fuel economic growth by encouraging people to buy american goods? monopolies patents protectives t
Nataliya [291]
Tariffs. monopolies allow companys to set the price at whatever they want and they are illegal in the U.S exept in certain cases, patents cause one person or group to have compleate rights over their invention and keeping anyone from using it without having to pay them money. i have no idea what it means by protectives but finally tariffs are a tax on foreign good making it cheaper to by goods from in this case america
7 0
3 years ago
Although not recommended, some marketers decide to ignore market segmentation and target the whole market with one offer. this i
vodka [1.7K]

The description above is trying to define the undifferentiated marketing strategy as this strategy focuses more on things that will appear to the people, what will make people more attracted and feel more appealed on what they are selling or trying to promote in which they try to ignore the market segmentation. The undifferentiated marketing strategy focuses more on the whole market with just one offer and they tend to use more marketing strategies that will be of beneficial to them in terms of attracting the consumers for this is their main goal and what they focus more when this marketing strategy is being used in the business or marketing field.

7 0
3 years ago
Other questions:
  • Suppose that today, the current yield for a corporate bond is 4.3%. If the market price goes up by 11% tomorrow, compute the cur
    15·1 answer
  • ERP systems can provide vital cross-functional information on business performance to managers in a very timely manner. This des
    11·1 answer
  • Preparing budgeted income statement.
    6·1 answer
  • On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 204
    6·1 answer
  • If a local bank decides to convert some of its U.S. Treasury securities into cash, which it will hold in its vault, reserves wil
    7·1 answer
  • Environmental scanning would be MOST important for which of the following organizations? a. A manufacturer of household linens b
    6·1 answer
  • If consumers really like an ad, __________. Group of answer choices their involvement in processing the ad may decrease classica
    14·1 answer
  • Compute the total annualized inventory holding and ordering costs when the cost per order (S) is $75, the annual demand (D) is 1
    8·1 answer
  • PLEASE HELP NOW
    12·1 answer
  • Larry values attending NoName at 15000 per year. What is Larry;s economic surplus if he attends state college
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!