Options:
A. Subjective statement
B. Misrepresentation of a fact knowing that it is false.
C. Puffery
D. Seller's talk
Answer:B. Misrepresentation of a fact knowing that it is false.
Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.
Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.
Answer:
c. a necessary risk of doing business on a credit basis.
Explanation:
Bad debt is an amount that is owed to a creditor , which will not be paid back . Bad debt expense could be as a result of company who took a loan and is not able to pay back due to bankruptcy.
Before bad debt expense occur in a business, management often make provisions for such debt. Provision for bad debt expense is an amount set aside to cushion the effect of debts that are likely not to be paid back.
It therefore means that bad debt expense is a necessary risk of doing on a credit basis.
GlobalProtect agent is an application used <span>to protect the end user by using the same security policies that protect the sensitive resources on your corporate network.</span><span>
The three connection methods for the GlobalProtect agent are:
1. Pre Logon
2. User Logon
3. On demand</span>
Answer: 0 years
Explanation:
The payback period calculates the amount of time taken to recoup the initial investment made in a project or in the purchase of a machine or building. It calculates how long the cumulative cash flow generated from a project equals the cost of the project.
The payback period for both machines are zero years because the cumulative cash flow is less than the cost of the machine.
For machine A - cumulative cash flow- $-47,000 is less than -$71,000
For machine B - cumulative cash flow, -$7,000 is less than -$52,000
Explanations on how the figures were derived is found in the attached tables.
Answer:
The nominal annual interest rate is built into the monthly payment plan is 14.4%
Explanation:
E = P×r×(1 + r)n/((1 + r)n - 1)
where:
E is the EMI
p is the Principal
r is the nominal rate
n is the number of periods
$137.41 = $4,000*r* (1 + r)36/((1 + r)^36 -1)
r = 14.4% P.A
Therefore, The nominal annual interest rate is built into the monthly payment plan is 14.4%
