Answer:
A. Jack cannot bring in the evidence of the oral agreement because of the Parol Evidence Rule.
Explanation:
The Parol Evidence rule is a rule in the Anglo-American common law that governs or determines the types or kinds of evidence that parties to a contract dispute can introduce when trying to determine the specific terms of a contract.
The rule also prevents introduction of further evidences by a party after a final written document or agreement has been reached. Things such as the content of oral discussions from earlier in the negotiation process, as evidence of a different intent as to the terms of the contract. The rule states that "extrinsic evidence is inadmissible to vary a written contract". The term " patrol" refers to "word of mouth" hence it is referred to oral pleadings in a court case.
Therefore from the question, Jack cannot bring in evidence of oral agreement into the court for evaluation because of Patrol Evidence Rule.
Answer:
probably not paying it off in time or something
Explanation:
Answer:
True
Explanation:
Generalization creates a set of common practice which is further considered as an identifiable acceptable standard for the instance.
As for example if we state that a person is good at cooking, on the basis on generalization it will be considered necessary and obvious that the person knows the skills of cooking basic food of that region.
Generalization thus, creates a kind of basic skills in every person of that domain. This will influence people to develop more skills.
Answer: The Change of $11500 would be reported as unrealized Losses in the statement of comprehensive income
Explanation:
Debt security are recognised at their Fair Value in the Financial statements. Changes in the Fair Value are recognized in the Statement of comprehensive income as Unrealized Gains or Unrealized Losses.
The Fair Value declined from $40 000 to $28500, The loss of $11500 ($40 000 - $28500) will be reported as Unrealized Losses under OTHER INCOME in the statement of comprehensive income
Answer:
Substantial
Explanation:
The market segment criteria refer to the fact that segments must be large enough for the firm to make a profit by serving them is generally known as "<u>Substantial</u>." In the substantial, there would be no point in dissipating the marketing budget at a market segment that is inadequately large rather has negligible spending authority. A viable market segment is habitually a homogenous group with precisely determined characters before-mentioned as socio-economic background, age group, as well as brand acumen.
