Answer:
A) if the mistake involves a material fact
Explanation:
Any party involved in the transaction, either Dale and Ezra, has the right to rescind the contract if the other party provided false information about a material fact that was relevant to the other party's intention of signing the contract. In contract law, a material fact is any fact that is important, significant or essential to any of the parties involved in a contract, e.g. size of a property, age of a property
Answer:
$273,600
Explanation:
The selling price per unit is $160
Variable expense per unit is $70.40
Fixed expense per month is 153,216
Therefore the monthly breaking can be calculated as follows
CM ratio = 56%
=>56/100
= 0.56
= 153,216/0.56
= 273,600
Hence the monthly break even in monthly dollars sales is $273,600
The business system or organization as a system refers to the structure that are interrelated substructure such as production, sales, marketing etc. They all are connected with each other.
<h3>What is a system? What is its characteristics?</h3>
A system is a set of activities that are organized in a specified manner and followed by an organization in order to achieve the pre-determined goals.
System refers to the grouping of interdependent components or departments in one link for the achievement of the specific objective. For example- coordination among the sales, production or personal department as by their properly interaction, a firm can function effectively and profitably.
In any organization, all the departments must interact or coordinate with each other.
Learn more about the systems characteristics here:-
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A best effort approach, in which the investment banker pledges to do his or her best to sell the shares and will take a small percentage of the sale of each stock
