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Tju [1.3M]
3 years ago
6

Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investm

ent firm. Unknown to Mona, Newt realizes ongoing commissions from the investment. Most likely, Mona may
a. not rescind the contract.
b. rescind the contract on the basis of undue influence.
c. rescind the contract on the basis of mistake.
d. rescind the contract on the basis of unconscionability
Business
1 answer:
Novosadov [1.4K]3 years ago
8 0

Answer:

B: rescind the contract on the basis of undue influence.

Explanation:

 The fact that Mona has a guardian infers that this is someone she could trust for at least her financial issues, and because this person has used his or her advantage position and knowledge, and they relationship as well,  to induce her to sign a contract she didn't understand fully, she can resort to a contract rescission on basis of undue influence.

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_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen
Kaylis [27]

<em>Answer:</em>

<em>Upselling   </em><em>               </em>

<em>Explanation:</em>

<em>Upselling: </em><em>The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale. </em>

<em>In other words,</em><em> it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.</em>

<em>As per the question, the given statement signifies "upselling".</em>

3 0
3 years ago
Cyclical unemployment is caused by business cycle fluctuations. reducing international trade barriers, which causes some industr
Shalnov [3]

Answer:

The correct answer is letter "A": business cycle fluctuations.

Explanation:

Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.

6 0
3 years ago
Which of these is an example of the broad economic goal of growth? A. Bank failures spark a wave of new loan regulations by the
forsale [732]

“The federal government awards technology development contracts to U.S. businesses” is an example of the broad economic goal of growth.

 

Equity<span> <span>or </span>economic equality<span> is the concept or idea of fairness in </span>economics, particularly in regard to taxation or welfare economics.</span>

 

The correct answer between all the choices given is the third choice or letter C. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

<span> </span>

8 0
2 years ago
Read 2 more answers
The Alpha Division of the Carlson Company manufactures product X at a variable cost of $40 per unit. Alpha Division's fixed cost
zheka24 [161]

Answer:

$70 per unit.

Explanation:

Based on the information given we were been told that the market price of X costs the amount of $70 per unit which simply means that market price exists, based on this the transfer price of X in a situation were each division is been treated as a profit making center will be the market price of $70 per unit.

8 0
3 years ago
Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, a
SVEN [57.7K]

Answer and Explanation:

The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-

For Sun health

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,630 ÷ (($300 + $287) ÷ 2)

= $3,630 ÷ 293.5

= 12.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 12.37 times

= 29.5 days

For Sun medical

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,940 ÷ (($499 + $438) ÷ 2)

= $3,940 ÷ 468.5

= 8.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 8.41 times

= 43.4 days

6 0
3 years ago
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