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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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APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period<span>.</span>
3 0
2 years ago
A company has total revenue of $50,000,000, cost of sales of $40,000,000, operating expenses of $5,000,000, and financing costs
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Answer:

$30

Explanation:

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Formula for EPS is as follow:

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We need to calculate the net Income, which is calculated as below

Net Income = Revenue - Cost of Goods Sold - Operating Expenses - Financing costs = $50,000,000 - $40,000,000 - $5,000,000 - $2,000,000

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Placing Values in the formula of EPS

EPS = $3,000,000 / 100,000 shares = $30

8 0
3 years ago
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3 years ago
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avanturin [10]

Answer: C. Perceived Value

Explanation:

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3 years ago
When you do a job that needs to be done without being told, you demonstrate _____.
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THE ANSWER IS .....
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