The correct answer is a true meeting of the minds.
Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.
What is Genuineness or reality of aggreement?
- Genuine Consent may be a total understanding between two competent parties.
- A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
- Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
- All parties must lock in within the assention openly. A contract may not be upheld on the off chance that one or more parties have made botches within the dialect.
- Moreover, a contract may be voided in case one party has committed extortion or applied undue impact over another.
- For case, you sign a contract in which you concur to offer your house to your next-door neighbor for $1. Once you marked the contract, your neighbor was undermining you. Clearly, you made the understanding beneath pressure, so the contract isn't substantial.
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There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;
In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.
People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.
I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.
I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.
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Answer:
The expected return = 10.739.
Explanation:
Given risk-free rate of return = 2.3 per cent
Market expected return = 12 percent
The value of beta = 0.87
Use the below formula to find the expected return.
The expected return = Risk free rate of return + Beta × (Market expected return - risk free rate of return)
The expected return = 2.3 + 0.87 (12 – 2.3)
The expected return = 10.739
Answer:
Explanation:
The journal entry to record the given transaction is shown below:
Cash A/c Dr XXXXX
To Common stock A/c XXXXX
(Being the issuance of the common stock is recorded)
The accounting equation is
Total Assets = Total liabilities + Stockholder equity
Cash Increased = No effect + Increased
Therefore, the cash account and the common stock is increased.
The Answer is
B) Missing a credit card payment.