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andrew-mc [135]
3 years ago
13

In most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed

contract), the minor may ________ the contract
Business
1 answer:
Jlenok [28]3 years ago
8 0

Answer: disaffirm

Explanation:

most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed contract), the minor may disaffirm the contract.

It should be noted that a contract that is signed by a minor unless in some rare exceptions is normally void and therefore, the minor can disaffirm the contract.

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The Action Toy Company has decided to manufacture a new train​ set, the production of which is broken into six steps. The demand
horsena [70]

Answer:

a. 32 secs

b. 3.75 or 4

Explanation:

The computation is shown below:

(a) Cycle Time is

= Operation time per week ÷  output per week

= (40 hours × 60 × 60) ÷ (4,500)

= 32 secs

(b) And, the Theoretical minimum number of workstations required  is

= Sum of total task times ÷ cycle time

= (22 + 30 + 15 + 14 + 12 + 27) ÷ (32 sec)

= 3.75  or 4

By applying the above formulas we can get the cycle time and the theoretical minimum number of work stations

5 0
3 years ago
After several years with the publishing house that Jessica started at after college, she has been promoted to manager of the fic
ch4aika [34]
Abcdefghijklmnopqrstuvwxyz
6 0
3 years ago
Roll over each item on the left to read the description. Identify whether each of the statements is an argument for or an argume
Naya [18.7K]

Answer:

<u>Floating exchange rate</u>

Here the market decides the value of the currency as it trade freely in the market based on supply and demand.

Argument For;

Market Based - It is market based therefore it reflects the true value of the currency.

Argument Against;

Uncertainty -  As it trades according to the whims of supply and demand, telling which direction it will go in terms of value is a difficult undertaking therefore financial decisions based on such are riskier.

<u>Fixed exchange rate</u>

Here the value of the currency is fixed either to the value of another currency or to the price of gold.

Argument For;

No Uncertainty -  As the currency is tied to another currency which is usually more stable or gold, the rate of the currency is more predictable.

Argument Against;

Unknown Elements

<u>Managed float</u>

In this exchange rate regime, the Central bank of a country intervenes in the Foreign exchange market to push or pull the currency in the direction that it prefers.

Argument For;

Government intervention - The Government Intervention ensures that the currency's value remains stable as well as allowing the Central bank to maintain a good balance of payments.

Argument Against;

Difficult - Maintaining the currency within the band preferred in a difficult undertaking that requires constant intervention in the Forex market.

<u>Pegged exchange rate</u>

The Central bank in this instance pegs the currency to a basket of currencies after setting an exchange rate it would prefer and then intervenes in forex market to keep it that way.

Argument For;

Reduces uncertainty - The movement of the currency is more predictable due to it being pegged to a basket of currencies.

Argument Against;

Continual government intervention - As this requires the currency to remain at a certain value, the government will keep intervening to ensure that it stays at that exact level.

<u>Target zone</u>

Here the Central Bank allows the currency to fluctuate on the market albeit with limits placed on how much it can do so.

Argument For;

Fluctuation with limits - By combining fixed regimes with floating regimes, the currency can maintain a semblance of true value whilst still be less uncertain.

Argument Against;

Limited options.

4 0
3 years ago
When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Positio
Alexxandr [17]

Answer:

Availability Section

Explanation:

All the information in a job application needs to be very detailed and with little to no room for interpretation. This is because a job application is a one-time deal meaning you do not get to redo it once you turn it in. If the hiring manager does not understand something in the job application they will simply throw it away and pass on to the next application on the list, they will not waste time on it. Therefore, the only thing that can be abbreviated would be the Availability Section when dealing with days of the week. Instead of spelling out every day you can say any of the following...

Mon, Tue, Wed, Thu, Fri, Sat, Sun

Sat-Sun

Mon-Fri

8 0
2 years ago
When a firm initiates a price​ decrease, it must seriously consider how competitors will react. although not all competitors are
Anika [276]
The firm initiates a price decrease, their projection on the competitors' reaction is they will also decrease their price to level with them. Starting a price decrease will affect the whole market of like products. Also, another angle that they considered is they will be reprimanded by their regulatory board. 
3 0
3 years ago
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