Answer:
B) Tom's statements provide grounds to set the contract aside.
Explanation:
When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.
What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.
Answer:
(A) Accounts Payable - Liabilities
(D) Equipment - Assets
(E) Supplies - Assets
(F) Retained earning - Owner's Equity
(H) Cash - Assets
Explanation:
The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,
Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.
Liabilities represent the obligations of the company with all kind of creditors.
And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.
Criticism is the construction or the indication of the displeasure of a reasonable and thorough analysis established on the perceived shortcomings or mistakes.
Open-mindedness is the correct blank for the statement.
<h3>What are the factors of the Criticism?</h3>
- During a reproval or denunciation of any topic or person, one should be open-minded to take the discussion seriously but in a positive manner.
- If the person asking the questions during the criticism is understated that is denying the clear emphasis and tries to always defend the allegations and facts results in negative criticism.
- An annoyed interviewer who does not positively take the criticism and always gets agitated cannot be a healthy way to discuss the topic for.
Therefore, option c. is correct.
Learn more about criticism here:
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Answer:
Positioning
Explanation:
This has to do with arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the mind of target consumers.
A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.
Below, this is further discussed.
<h3>Financial statements: What are they?</h3>
Financial statements, in general, are official records of the financial activity and condition of a company, an individual, or another organization. Structured and simple-to-comprehend presentations of pertinent financial data are made.
In summary, Selecting a base year and then expressing each item according to that sum is a helpful method for standardizing financial reporting.
Explore more about Financial statements
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