Answer: Return the car and pay for the damage(D)
Explanation:
To disaffirm a contract means to avoid the obligations in a contract. A contract can be disaffirmed by a minor when he shows an intent that he or she isn't bound by it. Contracts can be disaffirmed by minors before they reach eighteen years. When a minor disaffirms a contract, all properties transferred to the minor can be gotten back.
In the scenario explained in the question, even though Eddie had damaged the car, he can disaffirm the contract and satisfy his duty if restitution by returning the car and paying for damage.
Answer:
a. an invitation to submit offers, not an offer itself.
Explanation:
When a property is to be sold at an auction it involves an invitation for interested buyers to submit offers to the seller. The seller will now consider the offers and see the best one for him.
There is usually no price stated for the auction and seller goes for the highest bid.
If however if the seller says that there is no reserve price or that the reserve price was met, it can now be considered an offer in itself.
In this case Owen is offering the property at a live auction and does not state requirements for a reserve price
Answer:
$519,800
Explanation:
Variable cost per unit = $5.90 + $5.30 + $8.90 + $0.60
Variable cost per uni= $20.70
Fixed cost total = $32,000 + $178,000 + $7,000 + $20,000
Fixed cost total = $237,000
Cash disbursements for December = (Variable selling and administrative cost per unit*Number of unit (Yutes) sold) + (Fixed manufacturing overhead less depreciation)
= (14,000 * $20.70) + ($237,000 − $7,000)
= $289800 + $230,000
= $519,800
<u>Answer:</u>
<em>D. The equilibrium interest rate and amount invested would both increase
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<u>Explanation:</u>
Investment spending is a significant classification of actual GDP. Not exclusively is it the most unstable piece of real GDP; however, speculation spending on physical capital is additionally a significant supporter of financial development. Things being what they are, if a firm needs to construct another processing plant, where does it get the assets to assemble it? The investment of loanable assets depends on investment funds. The interest in loanable assets depends on getting.
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