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fredd [130]
3 years ago
10

The​ _____ rule states that when a sales or lease contract is evidenced by a writing that is intended to be a final expression o

f the​ parties' agreement or a confirmatory​ memorandum, the terms of the writing may not be contradicted by evidence of a prior oral or written agreement or a contemporaneous oral agreement.
Business
1 answer:
zheka24 [161]3 years ago
8 0

Answer: Parole evidence rule

Explanation: The parole evidence rule is an Anglo - American common law that determines what type of evidence can be brought forward when determining certain terms of an agreement (or contract). This rule basically states that once an agreement is finalised in writing between parties, then any evidence brought up against this agreement, whether it be orally or in writing, cannot change or add to the terms of the final exsisting contract (agreement) already drawn up. This applies to all written contracts regardless of whether it was stipulated in the contract or not.

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Which of the following is not true in regard to selling fixed assets?
hichkok12 [17]
Your answer is C. Accumulated Depreciation will be credited. :D
5 0
3 years ago
When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit
yarga [219]

Answer:

The employee has most likely committed a <u>Horns error</u>.

Explanation:

The horns error occurs when <u>one attribute</u> of an individual (which may be positive or negative), <u>creates a bias that influences how that individual is perceived overall</u>.

<em>If an employee is dissatisfied with his manager's disposition and this dissatisfaction influences the employee to rate the manager low on all performance criteria, then the employee has committed a horns error.</em>

5 0
3 years ago
Suppose that in your first year of college you spend $3,700.00 more than you earn. In your second year, your expenses increase a
Artist 52 [7]

The deficit in my third year of college is $600.

Deficit is the amount by which expenditures exceed income. Deficits increases the level of debt because deficit spending has to be funded through borrowing.

Deficit in the third year of college = gap in the third year - gap in the second year

$4,800 -  $4,200 = $600

To learn more, please check: brainly.com/question/1800332

5 0
2 years ago
Why is it important to know the interest rate on your credit card?
Irina18 [472]
A

When you go into credit (the red) you basically loan money which means that you have to pay a "fine" called interest. so the more you loan and depending on the type of loan, the more interest you will pay.

3 0
3 years ago
You are attempting to value a call option with an exercise price of $100 and one year to expiration. The underlying stock pays n
Anastasy [175]

Answer:

$13.64

Explanation:

Given:

Exercise price,X = $100

Current price = $100

Value when price is up, uS = $120

Value when price is down, dS= $80

Risk free interest rate = 10%

First calculate hedge ratio, H:

H = \frac{C_u - C_d}{uS - dS}

Where,

Cu = uS - X

= 120 - 100

= $20

H = \frac{20 - 0}{120 - 80} = \ftac{1}{2}

A risk free portfolio involves one share and two call options.

Find cost of portfolio:

Cost of portfolio = Cost of stock - Cost of the two cells.

= $100 - 2C

This portfolio is risk free. The table below shows that

_______________

Portforlio 1:

Buy 1 share $80; Write 2 calls: $0; Total: ($80 + 0) $80

____________________

Portforlio 2:

Buy 1 share: $120; Write 2 calls: -$40; Total: ($120 - $40) $80

Check for oresent value of the portfolio:

Present value = \frac{80}{1 + 0.10} = 72.73

Value = exercise price - value of option

$72.73 = $100 - 2C

Find call option, C

C = \frac{100 - 72.73}{2} = 13.64

Call option's value = $13.64

8 0
3 years ago
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