Answer:
It is void (1)
Explanation:
A void contract is a type of contract that cannot be enforced by law by either of the party. A void agreement is void ab initio, i e from the beginning.
A good example of void contract is agreement to carry out an illegal act.The contracting parties do not have the power to make a void contract enforceable.
A contract can also be void due to the impossibility of its performance or prerequisites of a valid contract is/are absent.
Rebecca sells her personal scooter = $550
And she purchased three years ago for $700
loss in the selling of scooter = $700 - $550
= $150
she sell painting for $1200
and he purchased that painting five years ago = $900
profit = $1200 - $900
$300
So $300 - $150 = $150
She still get benefit on selling both things
Answer: Barbara needs to look for running balance or the amount the has been recorded.
Answer:
False
Explanation:
Liquidity gap is the shortage of funds that a firm experiences due to the difference in the supply and demand of the assets and liabilities and also due to differences in the maturity of the assets and liabilities . When there will be an excess demand for funds, this will create a shortage and hence there will exist a liquidity gap.