1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
3 years ago
14

Susan drops by her neighbor Dean's garage sale and buys a painting for $10 that both she and Dean think is a copy of a piece by

Matisse, a well-known painter. Later, Susan is delighted to discover that the painting is actually an original Matisse worth $50,000,000. Dean hears the news and wants the painting back. Will Dean be entitled to rescind the contract? Why or why not?
Business
1 answer:
Mars2501 [29]3 years ago
7 0

Answer:

Dean probably will be able to get the painting back. A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money. A mutual mistake makes the contract voidable by any party.

You might be interested in
Which term refers to business processes that are not executed by a single group or function? _______
Vlad [161]

Answer:

B) Cross-Functional

Explanation:

A cross-functional team is a group of workmates from different functional departments who collaborate to achieve a common goal. Organization create cross-functional teams to work as a unit on a specific project.  The teams are temporary and get dissolved once the project is completed.

Cross-functional teams help an organization get better results more quickly.   The team is composed of experts from different sections which eliminates the need for too much internal consultations. The organization gets high-performance results due to the composition of the team.

3 0
3 years ago
Closing entries are Question 13 options: a. an optional step in the accounting cycle. b. posted to the ledger accounts from the
GREYUIT [131]
D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.
7 0
3 years ago
Use information from the Washington Post article Why We've Been Hugely Underestimating the Overfishing of the Oceans to determin
Anton [14]

Answer:

1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.

2. True. The given statement is correct from the source.

3. False. As per the research conducted on the basis of catch reconstruction, the catches have been declining due top several reasons.        

4. The last statement is totally correct as verified by the source mentioned.

 

         

3 0
3 years ago
Match the term or phrase with its best descriptor.Maximum sustainable yieldA. available biomass of a target speciesB. incidental
ArbitrLikvidat [17]

Answer: Option C

Explanation: The best descriptor for the term maximum sustainable yield would be "maximum catch without reducing the population of target species".  The maximum level at which the natural resources can be exploited without having any serious threats to the future is called sustainable yield. So as per this case sustainable yield is the extent of hunting a species that fulfills the requirement of today and does not threat the future needs.

7 0
2 years ago
In material requirement planning calculations, gross requirements for finished products are taken from ________________________.
Ipatiy [6.2K]

Answer:

Forecasted sales

Explanation:

In the production process amount of inventory purchased for producing goods must be carefully calculated.

This avoids waste incurred from buying excess of materials needed for operation. Also when there is shortage of materials time and resources are wasted getting more materials.

So when calculating material requirements for finished products it is important that we consider sales forecasts.

Materials purchased based on this will just adequately meet the demand for product.

This reduce cost of storage of excess materials.

7 0
3 years ago
Other questions:
  • Joe reconciles his checking account check register to the penny every month with the bank’s statement. After accurately recordin
    15·1 answer
  • Marigold Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $12
    6·1 answer
  • What mechanism is used to provide a systematic assessment of an organization's performance in implementing socially responsible
    8·2 answers
  • Burt Inc. has a number of divisions, including the Indian Division, a producer of liquid pumps, and Maple Division, a manufactur
    8·1 answer
  • Identify which of the following statements is true. A. A corporation that accrues compensation payable to an employee must pay t
    6·1 answer
  • Dynamic Apps is an organization specializing in highly specialized technology software, but it found that its original business
    13·1 answer
  • The u.s. dollar is defined as: commodity money, because it is widely used to buy commodities. fiat money, because it was establi
    14·1 answer
  • After getting her degree in marketing and working for 5 years for a large department store, Sally started her own specialty shop
    6·1 answer
  • An expanded income statement is generally divided by the different categories of revenue. the most common categories are:_______
    7·1 answer
  • Which ebusiness tool increases the speed of business by allowing the transfer of documents with the same speed as the telephone
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!