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Andrej [43]
3 years ago
15

Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, respectively. Helen agrees to buy "Garth’s ATV" for $750. Gar

th believes, in good faith, that he is selling the $500 ATV. Helen believes, in good faith, that she is buying the $1,000 ATV. In this situation
Business
1 answer:
Jobisdone [24]3 years ago
5 0

Answer:

There is no contract since both Helen and Garth made a mutual mistake.

In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.

Mutual mistakes are not on purpose, they are mistakes committed in good faith.

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_____ makes it illegal to refuse to rent to a person who is disabled.
const2013 [10]
The appropriate response is the Civil Rights Act of 1968. It is a milestone part of enactment in the United States that accommodated break even with lodging openings paying little mind to race, religion, or national starting point and made it a government wrongdoing to "by constrain or by danger of compel, harm, scare, or meddle with anybody by reason of their race, shading, religion, or country.
4 0
3 years ago
Read 2 more answers
According to the model of mass-mediated communication, which of the following statements is not true?
Maslowich

Answer:

The correct answer is D. All of these.

Explanation:

Mass media are the media received simultaneously by a large audience. Mass communication is the name that receives the interaction between a single broadcaster (or communicator) and a massive receiver (or audience), a large group of people who simultaneously meet three conditions: being large, being heterogeneous and being anonymous. The mass media are only instruments of mass communication and not the communicative act itself.

3 0
3 years ago
You are offered a chance to buy an asset for $7,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
Amanda [17]

Answer:

6.14%

Explanation:

The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as  follows:

Year          Cash flow               Present [email protected]%     Present [email protected]%

0               ($7,250)                  ($7,250)                      ($7,250)

1                 $750                       $714.29                      $681.82

2                $1,000                    $907.03                     $826.45

3                $850                       $734.26                     $638.62

4                 $6,250                    $5,141.89                   $4,268.83

                                                   $247.7                       ($834.28)

IRR=A%+[a/(a-b)*(B%-A%)]

A%=5%, a=$247.7 B%=10%  b=(834.28)

IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]

IRR=6.14%

4 0
3 years ago
Stock Y has a beta of 1.0 and an expected return of 12.4 percent. Stock Z has a beta of .6 and an expected return of 8.2 percent
GuDViN [60]

Answer:

Reward-to-risk for stock Y = (0.124 - 0.052) / 1 = 0.072 = 7.2%

Reward-to-risk for stock Z = (0.082 - 0.052) / 0.6 = 0.05 = 5%

SML reward to risk is beta of market. i.e., 6.4%

Explanation:

5 0
3 years ago
Read 2 more answers
In June, buyers of titanium expect that the price of titanium will fall in the following month, July. What happens in the titani
Andrews [41]

Based on the expectation of the buyers of titanium, the effect on the titanium market in June was 4. The demand curve shifts to the left.

<h3>What happened to the demand curve?</h3>

Because the buyers of titanium expected that the price of titanium would fall in July, they would buy less titanium in June as they waited for the price of titanium to fall in July.

This decrease in supply as a result of waiting for the price to fall, would lead to a shift to the left for the demand curve to show that there is less quantity demand.

Find out more on shifts in the demand curve at brainly.com/question/11761847

#SPJ1

7 0
1 year ago
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