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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Discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
<h3>What is discretionary fiscal policy?</h3>
This refers to the decision of the federal government to increase or decrease taxes. Here, the changes in taxes are subject to the president and congress approval.
Hence, discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
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Hey there,
Your question states: <span>Which of the following best explains why zoos are not affected by the threat of new entrants?
Based on the option's above, I feel like the answer would be (</span><span>Starting a zoo has a high entry cost.) Because by doing this, this could make to (zoo) in better quality. So when things go down like (a cage) for example, they could easily pay it back with all the extra money they have.
Hope this helps.
~Jurgen</span>
When using Debt financing, the company incurs a legal obligation to repay the amount borrowed. Retained earnings assign to the percentage of net acquiring not to paid out as dividends, but retained by the company to be reinvested in its core business, or to pay a debt.
