Answer:
C) formed a valid contract because Rachel's outward expressions showed the formation of a contract.
Explanation:
A valid contract is a binding and enforceable agreement, where all parties are legally bound to perform the contract.
Probably the most important part of a contract is the existence of an offer and acceptance. Once a valid offer is accepted, it binds the parties into a valid contract.
In this case, Rachel accepted Julius´s offer to buy her boat, so an offer and acceptance exists.
Answer:
A <u>increase</u> in the money supply will cause interest rates to decrease, which, in turn, causes spending to <u>increase.</u>
Answer:
A) One exemption for their daughter Siera as a qualifying child but no exemption for Angela.
Explanation:
The six IRS requirements for determining a qualifying child are:
- Relationship
- Age
- Residence
- Support
- Joint return
- Citizenship
The problem with Angela is that she fails number 1, which means that she has no legal relationship with the Dasrups. She would qualify for the remaining 5, but if only one is missing, then the IRS will not qualify Angela.
On the other hand, Siera qualifies because she meets all the requirements.
Answer:
increase in the market value per share
Explanation:
Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.
The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.
One of the goals of financial management is the maximization of the shareholders wealth, this will find expression in how the business actions or inaction of the management has enriched the shareholders.
