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lesya692 [45]
3 years ago
5

Garland induces Jules to enter into a contract for the purchase of a Chef’s Burger House restaurant. Garland knowingly misrepres

ents a number of material features about the restaurant and the business. When Jules discovers the truth, he can
Business
1 answer:
jeka943 years ago
4 0

Answer:

Jules can rescind the contract on the basis of fraud.

Explanation:

Since Garland misrepresented the material facts about the restaurant, that constitutes fraud.

When a party involved in a contract is purposefully dishonest with the other parties while making or performing a contract, it is called contract fraud. Contract fraud also occurs when a party intentionally misrepresents the material facts concerning the contract.

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If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?
mamaluj [8]

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

5 0
3 years ago
A large U.S.-based mechanical engineering firm, wants to enter the global market. Upon careful analysis of the market, they will
ozzi

Answer:Is big business that is very competitive today,and is expected to be more important and more competitive in the future.

Explanation: The Global or international market is a multifaceted,with several players and many opportunities, competitions taking place in the world. In the years to the business will become more important and competitive as new entrance from major multinational organizations. For it to survive the management has to put in place COST SAVING APPROACHES, COMPETITIVE PRICING AND ADOPT STRATEGIC PLANNING, SUPERIOR QUALITY PRODUCT,TIMELY EXECUTION OF WORK, GOOD CUSTOMER SERVICE etc are the possible actions to ensure it COMPETES FAVORABLE in the Global business.

8 0
3 years ago
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend co
butalik [34]

Answer:

You must deposit "$74,806.25" today.

Explanation:

The given values are:

Periodic payment,

P = $10,300

Rate of interest,

r = \frac{4.4 \ percent}{2}

 = 2.2 \ percent

Number of periods,

n = 4\times 2

  = 8

Now,

The PV of annuity will be:

=  \frac{P\times [1 - (1 + r)^{-n}]}{r}

On substituting the given values, we get

=  \frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}

=  \frac{1,645.73}{2.2 \ percent}

=  74,806.25 ($)

8 0
3 years ago
If you were reviewing a Financial company such as JPMorgan Chase, which of the following metrics is most relevant?
Elena L [17]

Answer: A) Net Interest Margin.

Explanation:

JPMorgan Chase as a financial company would not deal with actual inventory so the Days sales outstanding is not a relevant measure. Neither is the SSS as the company is not a retail chain.

The relevant metric would be the Net Interest Margin which is used to measure the difference between the interest income that a bank or similar financial institution makes vs the interest payments that the company will pay out to its lenders.

7 0
3 years ago
Suppose an investor is interested in purchasing the following income producing property at a current market price of $450,000. T
Vikki [24]

Answer:

Net Present value of Project is $9,890

Explanation:

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

Net Present Value of Property is $9,890

Workings are made in an MS Excel file, which is attached with this answer. please find it.

Download xlsx
6 0
3 years ago
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