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Salsk061 [2.6K]
3 years ago
6

TRUE OR FALSE FOR BRAINLIEST ANSWER 1. Generally, a contract must state all of its terms. There can be no missing information an

d reasonable interpretations are not allowed. 2. An ambiguous contract can be interpreted according the plain language of the contract. 3. The doctrine of quasi-contract generally cannot be used when there is an actual contract that covers the matter in controversy. 4. A voidable contract is a contract that may be rescinded (undone). 5. If a person receives a benefit, the law of implied contracts, or quasi contract, requires that person pay for the benefit. 6. According to the Plain Meaning Rule, when a contract’s writing is clear and unequivocal, a court will enforce it according to its obvious terms.
Business
1 answer:
n200080 [17]3 years ago
3 0
True, and that would be the answer :)
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The Jacob Corporation acquired land, buildings, and equipment from a bankrupt company at a lump-sum price of $500,000. At the ti
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Answer:

173,333.33

Explanation:

Lumpsum + Appraisal = Total Spent

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Land + Building + Equipment = Total Fair Value

100,000 + 200,000 + 300,000 = 600,000

Building Costs:

Fair Value Building / Total Fair Value = % of the building cost to apply to the total spent x Total Spent

200,000 /600,000 = .3333 x 520,000 = 173,3333.33

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3 years ago
A firm has three different investment options, each costing $10 million. Option A will generate $12 million in revenue at the en
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3 years ago
Let’s suppose you would like to buy a home for $250,000. But like most U.S. citizens, you don’t have enough cash on hand to pay
noname [10]

Answer:

1. Calculate the monthly payment for a 30-year mortgage loan.

we can do this by using the present value of an annuity formula

the loan's interest rate is missing, so I looked for a similar question and found that it is 6%

present value = monthly payment x annuity factor

monthly payment = present value / annuity factor

  • present value = $200,000 (loan's principal)
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2. Calculate the amount of interest that you’d pay for a 30-year mortgage loan.

total interests paid during the 30 years = (monthly payment x 360) - principal = ($1,199.10 x 360) - $200,000 = <u>$231,676</u>

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3 years ago
Why would a business continue to produce additional units of an item after the marginal cost begins to rise?
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To increase their profit.

Even if the marginal cost is going up, as long as it is less than sales price the company can still make a profit. As the marginal cost continues to rise, that profit gets smaller and smaller but still exists and gives companies motivation to continue producing.

3 0
4 years ago
Read 2 more answers
Kelly's corner bakery purchased a lot in oil city six years ago at a cost of $278,000. today, that lot has a market value of $26
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$1,294,000 here ya go

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3 years ago
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