Answer:
voidable title
Explanation:
A voidable title is considered good and valid title until voided.
For example, I purchase a PS4 from my nephew who is a minor and I sell it to my neighbor, and my neighbor purchased it on good faith. My nephew can decide to void the contract because he was a minor, but since I passed good title to my neighbor while the contract was valid, my neighbor doesn't have to return the PS4.
The difference with a void title is that a void title was never good and valid.
On the other hand, if I had stolen the PS4, I would never have good title over it, and I sell it to my neighbor. The rightful owner of the PS4 can claim it back and my neighbor must return it because the contract was void since I never had good title on the PS4.
Answer:
$40,800
Explanation:
The computation of the net income is shown below:-
With regard to non-controlling interest, Lowell Corp. and the non-controlling interest divided Boston net profits proportionately to their ownership interests.
Non controlling interest share of consolidated net income = Boston net income × Remaining percentage
= $204,000 × (100% - 80%)
= $204,000 × 20%
= $40,800
Therefore for computing the Non controlling interest share of consolidated net income we simply multiply the Boston net income with remaining percentage.
Answer:
If all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
Explanation:
The concept of production possibility curve shows the different commodities that can be produced in a given economy, given the prevailing level of technology, if all available resources are efficiently utilized. The idea behind production possibility curve is that in other for in order to produce a particular commodity, the production of another commodity has to be scarified provided that i.e if all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
In a situation where the firm is at point D and an increase the production of bike tires by 300 units, the opportunity cost will be <u>200 truck tires.</u>
When the firm is at point B and decides to increase the production of truck tires by 400 units, in this case, the opportunity cost will be<u> 500 bike tires.</u>
Opportunity cost simply means the potential benefit that an economic entity loses when it engages in another activity.
Learn more about opportunity cost on:
brainly.com/question/481029
Answer:
C. to increase aggregate demand.
Explanation:
Aggregate demand describes the total amount of all finished goods and services demanded in a country in a period. Aggregate is a reflection on the purchasing power of consumers in an economy. A decrease in aggregate demand implies the economic power of consumers has decreased. A high inflation rate, low income, or high rate of unemployment can cause the aggregated demand to declines.
Expansionary fiscal policies are government actions of reducing taxes or increasing expenditure on stimulus programs. Reducing taxes increases the disposable income of consumers. It encourages firms to expand their businesses. An increase in disposable means consumers will have more money to spend, which boosts aggregate demand. If the government spends money on stimulus programs such as the construction of roads and public buildings, it creates employment and income for more people.
