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Dmitrij [34]
2 years ago
15

If you borrow capital to start a business and the money is provided interest-free, then your cost of capital is zero.

Business
1 answer:
aev [14]2 years ago
8 0

Answer:

If you borrow capital to start a business and the money is provided interest-free, then your cost of capital is zero.

True

Explanation:

Reason being that it does not take any cost to secure such capital i.e no interest, then there is no cost for such capital

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Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment f
alukav5142 [94]

Answer:

A. Undue influence

Explanation:

Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.

In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.

Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.

6 0
3 years ago
All of the following are true regarding implied agreements EXCEPT which one?
Brrunno [24]

Answer:

An implied agreement is based on a formal agreement.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.

This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.

4 0
2 years ago
The local fire department is using a selection test to measure the ability to continue maximum effort requiring prolonged effort
Airida [17]
<span>The type of physical ability is the fire department measuring is called <u>“Stamina”</u>.
</span>
<span>Strength is one thing, the ability to continue exerting the same amount of strength over time is called stamina. Stamina is important especially in quick-response jobs which usually cater to emergencies</span>
6 0
3 years ago
Read 2 more answers
Blink, Inc. has 1,000 shares of $10 par, 5% preferred stock, and 20,000 shares of $10 par common stock issued and outstanding. I
monitta

Answer:

The answer is : The payment to common shareholders will total $19,500

Explanation:

Because preferred share has priority to receive dividend over common shares, the amount of dividend declaration must fulfill the firm's commitment to its preferred shareholders before the residual amount may be distributed among common shareholders.

Amount of dividend needs to be paid to preferred share holders = Number of share x Par value per preferred share x % dividend = 1,000 x 10 x 5% = $500.

The residual amount of dividend declaration which will go to common shareholders = 20,000 - 500 = $19,500.

=> Thus, the answer is $19,500.

6 0
2 years ago
What does medical coverage on an auto insurance policy cover?
stealth61 [152]

Medical coverage on an auto insurance policy covers Medical bills for yourself and anyone else in your car in case of an accident

<h3>WHAT IS MEDICAL COVERAGE </h3>

Medical coverage is a type of insurance that protects the occupants in a car against medical bills should accidents occure irrespective of who caused it.

Medical coverage of an auto insurance ensures that medical expenses are covered in cases of an accident.

Learn more about medical coverage at brainly.com/question/3545635

#SPJ1

6 0
2 years ago
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