(b) Statue of frauds
<span>Statue of frauds is generally the requirement of particular
contracts to be in writing and signed by all parties involved in an agreement.
In the context of real estate, the statue of frauds protects tenants from
unfair eviction or tenancy termination. Similarly, it protects property buyers from
sellers’ “change of mind” or refusal to sell the property on the grounds that
the seller obtained a higher offer price from another interested buyer. However,
there are exemptions to the statue of frauds which vary from state to state. </span>
The fraction of fertilizer in the final mixture is 1/9.
A natural or synthetic material called fertilizer that contains chemical ingredients that help plants grow and produce more. Fertilizers may restore chemical elements that previous crops removed from the soil or increase the land's inherent fertility.
Most of the time, fertilizers' contribution to food production is overlooked. For plants, fertilizers are food. The nutrients that crops remove from the soil and replace with fertilizers. Crop yields and agricultural output would be much lower without the addition of fertilizers.
12 oz fertilizer to 96 oz water will make 12+96 = 108 oz of liquid
=12/108
=1/9
1/9 is the fraction of fertilizer in the final mixture.
To know more about fertilizer refer to: brainly.com/question/14012927
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Answer:
C. <u>not valid because performance depends on Parsley's personal skills</u>
Explanation:
A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.
For a contract to be termed as valid, it must be performed by the parties to it.
Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.
In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.
The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.
1) Answer: When the required return is equal to the coupon rate, the bond value is equal to the par value,
2) if the required return is less than the coupon rate the bond will sell at a premium.
Explanation:
1) The reason for this that the required return is the market or investors required rate of return for a particular bond, when the required rate and coupon rate are equal it means that the investor is getting the return he wants in coupon payments, therefore the investor will be willing to buy the bond on par value, as he is getting his required return in the form of coupon payments.
2) When the required return is less than the coupon rate the investor is getting more in coupons than he required from the bond so the bonds price will be higher than par so that the return from the coupons become equal to the required rate of return. Thats why when a bonds required return is less than the coupon it sells on a premium.
