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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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Explanation:

Companies that engage in marketing by attraction, carryout marketing of a product in such a way that the product they are trying to sell attracts the attention of the consumers. In marketing by attraction the marketers tries to draw the consumer to the product by engaging them, which is achieved by gaining the consumers attention.

7 0
3 years ago
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both ha
nadya68 [22]

Answer:

The proceeds from the simple discount note is $16380 , while that of simple interest is $19500

Explanation:

Simple discount notes could likened to a bank loan where interest on the loan is taken from the borrowed funds before disbursement to the loan's beneficiary,hence proceeds from such notes is face value of the notes less interest taken in advance.

While on the other hand,the proceeds from simple interest note is par or face value.

The discount or interest  is =8%*$19500=$1560 for one year,but $3120  for two years($1560*2)

The proceeds on the simple discount note =$19500-$3120

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The proceeds on the simple interest note is face value of $19500

3 0
3 years ago
The crowding-out effect implies that restrictive fiscal policy will increase aggregate demand and employment. lead to a signific
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The crowding-out effect implies that restrictive fiscal policy will reduce real interest rates.

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The crowding out effect is the circumstances where greater interest rates consequences gives output of a decline in private investment expenditure so as to dampen the initial rise in overall investment expenditure. Authorities often embraces a restrictive fiscal-policy approach and raises spending to stimulate economic activity. This contributes to interest-rate rises. Higher interest rates have a impact on private investment choices. A high magnitude of the crowding-out impact can also result in lower economic revenue.

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are superior to other cultures.

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