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erik [133]
3 years ago
13

27. DORIS PURCHASED A NEW AUTOMOBILE ON CREDIT WHEN SHE WAS SIXTEEN YEARS OLD. TWO DAYS AFTER HER NINETEENTH BIRTHDAY SHE SOUGHT

TO RESCIND HER OBLIGATION TO MAKE FURTHER PAYMENTS. ASSUMING THAT EIGHTEEN IS THE AGE OF MAJORITY, THE CAR DEALER WOULD:
(A) BE ABLE TO ENFORCE HER OBLIGATION SINCE DORIS HAD RATIFIED THE CONTRACT

(B) NOT BE ABLE TO ENFORCE HER OBLIGATION SINCE DORIS HAD NOT RATIFIED THE CONTRACT

(C) BE ABLE TO ENFORCE HER OBLIGATION SINCE THE CAR DEALER WAS A COMPETENT PARTY AT ALL TIMES

(D) NOT BE ABLE TO ENFORCE HER OBLIGATION SINCE DORIS DID NOT RATIFY THE CONTRACT PRIOR TO HER EIGHTEENTH BIRTHDAY

28. AN EXCULPATORY CLAUSE IS A PROVISION OF CONTRACT THAT:

(A) REQUIRES EXTRA PROTECTION BY ONE PARTY
(B) EXCLUDES AN OPTION CONTRACT
(C) DISCLAIMS LIABILITY
(D) IS NEVER UPHELD BY THE COURTS















29. EXCULPATORY CLAUSES IN BAILEES’ CONTRACTS ARE USUALLY HELD TO BE:

(A) ILLEGAL, IF THE COURT FEELS THAT THEY WERE NOT PROPERLY COMMUNICATED TO THE BAILOR

(B) ILLEGAL – EVEN IF THEY ARE PROPERLY COMMUNICATED TO THE BAILOR – IF THEIR TERMS PURPORT TO FREE THE BAILEE FROM LIABILITY ARISING OUT OF THE BAILEE’S NEGLIGENCE

(C) LEGAL, IF PROPERLY COMMUNICATED TO THE BAILOR (EVEN IF THEY PURPORT TO FREE THE BAILEE FROM LIABILITY ARISING OUT OF THE BAILEE’S NEGLIGENCE)

(D) A AND C

30. STATUTES INVOLVING USURY:

(A) ARE ILLEGAL
(B) LIMIT THE AMOUNT OF INTEREST THAT MAY BE CHARGED ON LOANS
(C) CAN ONLY BE FEDERAL STATUTES
(D) CAN ONLY BE STATE STATUTES

31. ROGER EVANS, A REAL ESTATE BROKER LICENSED IN KANSAS, HELPED THOMAS SELL SOME LAND LOCATED IN MISSOURI. IF ROGER IS NOT A LICENSED BROKER IN MISSOURI, HE:

(A) CANNOT COLLECT A COMMISSION SINCE HE DID NOT REPRESENT THE BUYER
(B) CAN COLLECT A COMMISSION SINCE HE RENDERED A VALUABLE SERVICE
(C) CANNOT COLLECT A COMMISSION SINCE THE LICENSING LAW IS VIOLATED
(D) CAN COLLECT A COMMISSION SINCE HE IS LICENSED IN A STATE THAT BORDERS WITH MISSOURI

32. DANDY, A CONSUMER OF FINE CLOTHES, PROMISED TO PAY $1,400 TO ALFRED WHO PROMISED TO MAKE A BUSINESS SUIT FOR DANDY. IF ALFRED HAS COMPLETED THE SUIT BUT DANDY HAS NOT PICKED IT UP OR PAID ANY MONEY, WHICH OF THE FOLLOWING IS THE MOST ACCURATE DESCRIPTION OF THIS CONTRACT? IT IS A:

(A) UNILATERAL, UNENFORCEABLE, IMPLIED-IN-FACT CONTRACT
(B) UNILATERAL, VALID, QUASI-CONTRACT
(C) BILATERAL, VOIDABLE, EXPRESSED EXECUTORY CONTRACT
(D) BILATERAL, VALID, EXPRESSED CONTRACT WHICH IS PARTIALLY EXECUTED AND PARTIALLY EXECUTORY




33. A CONTRACTUAL AGREEMENT MAY BE EXPRESSED IN WRITING, OR IT MAY BE ORALLY STATED. IN THE ALTERNATIVE, AN IMPLIED-IN- FACT CONTRACT:

(A) IS CREATED WHEN THE PARTIES MANIFEST THEIR AGREEMENT BY CONDUCT RATHER THAN BY WORDS
(B) IS BASICALLY THE SAME THING AS A CONTRACT IMPLIED-BY-LAW
(C) IS BASICALLY THE SAME THING AS A QUASI-CONTRACT
(D) IS BASICALLY THE SAME THING AS AN INVALID CONTRACT

34. ACTIONABLE FRAUD CAN BE DEFINED AS REQUIRING ALL THE FOLLOWING ELEMENTS EXCEPT FOR:

(A) KNOWLEDGE OF THE MISREPRESENTATION OF A MATERIAL FACT BY THE SPEAKER
(B) ACCURATE REPRESENTATION OF A MATERIAL FACT
(C) JUSTIFIABLE RELIANCE
(D) INJURY

35. IF A PERSON CAN PROVE THAT HE WAS HONESTLY MISTAKEN AS TO THE TERMS OF A CONTRACT THAT HE HAS MADE, EVEN THOUGH IT WAS NOT APPARENT TO THE OTHER PARTY, AS A GENERAL RULE HE:

(A) CAN RESCIND THE CONTRACT
(B) CANNOT RESCIND THE CONTRACT
(C) CAN RESCIND THE CONTRACT IF HE CAN SHOW THAT THE MISTAKE WAS NOT THE RESULT OF NEGLIGENCE ON HIS PART
(D) NONE OF THE ABOVE
Business
1 answer:
likoan [24]3 years ago
4 0

Answer: Sorry bruh, cant help u with them all.

Explanation:

I dont got the time. But i will answer one. 27. the answer is A I think.

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Y he half glasses???
vovikov84 [41]

Answer:

because he needs to see.

Explanation:

but it is adorable, maybe he needed wider glasses to fit the width of his face? i.d.k he looks like a cool kid though.

3 0
3 years ago
The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable
Ilya [14]

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

3 0
3 years ago
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti
Marysya12 [62]
<span>In a monopoly, prices are usually higher
 because there's no competition,
 whereas in a competitive market items which  are not priced orderly may never sell
so correct option is A 
hope it helps

</span>
6 0
3 years ago
Read 2 more answers
What strategic role has emerged as critical in recent years in large organizations due to cyber attacks?
omeli [17]

Answer:

The correct answer is the option B: Chief Security Officer.

Explanation:

To begin with, a <em>Chief Security Officer</em> or CSO is the most important senior level executive that an organization has in its team whose main purpose is to <em>develop and oversight policies and programs whose primary focus are on the mitigation and reduction of secutiry risk</em> regarding the protection of people, intellectual assets and tangible property.

Secondly, the security of the organization regarding the fact of cyber attacks does have a cooperative inter-connected involvement, where the figure of <em>Chief Information Security Officer</em> appears and combines their function with the CSO. Moreover, the CISO is the one executive inside the organization that <em>focuses to the problems about ensuring information assets in particular</em>.

4 0
3 years ago
Clint Hill, CEO of Oregano Systems, a software engineering company, holds internal contests on the company intranet to get his e
kodGreya [7K]

Answer:

C) Bottom-up approach

Explanation:

The bottom-up approach refers to a management style where employee feedback is very valuable. Employees are generally invited to participate in the decision making or goal setting processes. The communication flows from the bottom of the organization to upper management levels.

In this case Hill, organizes an internal contest in order to get new business ideas.

8 0
3 years ago
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