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irga5000 [103]
3 years ago
12

Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun

ctioning. During one of these healthy periods, Ronald enters into a contract, which he later seeks to avoid. In a majority of states, the contract will not be enforced because of Ronald's dementia.1. True2. False
Business
1 answer:
vova2212 [387]3 years ago
6 0

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

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Today, expenditures worldwide on all forms of promotion exceed:
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total media ad spending worldwide will rise 7.4% to $628.63 billion in 2018, according to eMarketer's latest report.

8 0
3 years ago
Which of the following is correct?
Eduardwww [97]

Answer:

The correct answer is option D.

Explanation:

The Bureau of Labor Statistics is a unit under the US department of labor. It is tasked with collecting information on the labor market, prices, and productivity and provide statistical data on its basis.  

The unemployment rate is calculated on the basis of data collected through a monthly survey called the current population survey.

The part of the adult population which is either working or do not have a job but are actively looking for one are included in labor force. Discouraged workers or those who are unemployed but not looking for jobs actively are not included.

Unemployed homemakers are not counted as employed, they are not included in the labor force either. They are considered out of the labor force as they do not have a job and are not looking for one.  

All full time and part-time workers are counted as employed.

6 0
3 years ago
What kind of business most often risks problems over who will do what kind of work and under what circumstances?
uysha [10]
Es la C tienes mas riesgos por que aquí tu tienes tu propia empresa y por lo tanto mas dinero lo cual atrae a lis delincuentes para hacer secuestros robos asesinatos etc Espero q te sirva
7 0
3 years ago
Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $38,000 and a remain
irina [24]

Answer:

Alternative A should be accepted as it is giving favourable result of $30,600

Explanation:

Xinhong Company

ALTERNATIVE A: INCREASE OR (DECREASE) IN NET INCOME

Cost to buy new machine                                                   $123,000

Cash received to trade in old machine                             $48,000

Reduction in variable manufacturing costs = 4*($33500 - $22400) = $44,400

Total change in net income                                                $30,600

ALTERNATIVE B: INCREASE OR (DECREASE) IN NET INCOME

Cost to buy new machine                                                   $119,000

Cash received to trade in old machine                             $48,000

Reduction in variable manufacturing costs = 4*($33500 - $10300) = $92,800

Total change in net income                                                $21,800

Therefore, Alternative A should be accepted as it is giving favourable result of $30,600

4 0
3 years ago
3<br>Hame and explain<br>of skills that should be possess by an entrepreneur <br>​
vaieri [72.5K]

Answer:

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2. Time management. Prioritization, milestone definition, execution, and iteration are all critical. None of this would be possible without the proper project management and time allocation methodologies in place to complete the work.

3. Strategic thinking. Learning to break down a problem to its simplest components and identify growth opportunities. Inventive problem-solving and spotting the low-hanging fruit. Defining an MVP's scope and testing concepts in a short amount of time and on a tight budget.

7 0
2 years ago
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