1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A<br> Advantages of Product Added Mothed<br> Accounting<br> in National income
Ganezh [65]

It is determined by subtracting the value of the output from the value of the intermediate goods. As double counting, a severe mistake when estimating national income, is concerned, the value-added approach is a widely utilized method for computing national revenue.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

Learn more about double counting here

brainly.com/question/1098565

#SPJ9

6 0
1 year ago
The ABC Corporation is considering introducing a new product, which will require buying new equipment for a monthly payment of $
scZoUnD [109]

Answer:

5500 units per month must be sold to earn the required profit

Explanation:

The target profit is the amount of profit that a business wants to earn. To calculate the target profit, we can use the break even analysis and include the factor for target profit under its formula and calculate the units and the dollar sales needed to earn the target profit.

In this case, the target profit is $50000 per month.

The break even in units = Fixed cost / contribution margin per unit

Contribution margin per unit = selling price per unit - variable cost per unit

To calculate units required for target profit, we will add the target profit to the fixed cost and divide by the contribution margin per unit

Target profit units = (fixed cost + target profit) / Contribution margin per unit

So,

Contribution margin per unit = 20 - 10 = $10 per unit

Target profit units = (5000 + 50000) / 10

Target profit units = 5500 units per month

7 0
3 years ago
The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fans and casual
Reika [66]

Answer:

B) $125,000

Explanation:

Price discrimination strategy refers to charging each customer the maximum amount of money he/she is willing to pay for a product.

In this case, the concert promoters should charge $150 per ticket to 1,000 die hard fans  = $150,000 in revenue.

Then it should charge only $50 per ticket to 500 casual fans = $25,000 in revenue.

Total revenue             = $150,000 + $25,000 = $175,000

<u>minus total costs        = ($50,000)    </u>

Net income                 = $125,000

6 0
2 years ago
The following information was obtained from MCB​ Manufacturing, Inc.:Advertising Costs $9,900Indirect Labor 53,000CEO's Salary 6
Eddi Din [679]

Answer:

The MCB Manufacturing's total product costs is $170,560

Explanation:

The computation of the total product cost is shown below:

Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used  + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation

= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100

= $170,560

Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.

8 0
3 years ago
What does it mean when your tax return is being processed?
alexandr402 [8]
<span>According to the IRS FAQ on the Where's My Refund main page - this notification indicates that your return is being manually reviewed for some reason.   Your bars have disappeared, and perhaps your refund amount is gone, and the message states that "Your tax return is still being processed.  A refund date will be provided when available."  Something triggered a review.

Yeah bro</span>
6 0
3 years ago
Other questions:
  • The _____ environment of your country affects the interest rates you pay on your mortgage and credit cards as well as those you
    12·1 answer
  • ___________ is the ability of a product to satisfy a customer. A. Economic utility B. Value C. Purchasing power D. Outsourcing
    5·1 answer
  • When the Fed buys bonds the supply of money a. increases and so aggregate demand shifts right. b. increases and so aggregate dem
    8·1 answer
  • The legal responsibility for the financial cost of another person's losses or injuries is referred to as:
    8·1 answer
  • Aggregate planning is capacity planning that typically covers a time horizon of one to three months. True or false?
    8·1 answer
  • Use the following selected financial information for Wilcox Corporation to answer questions 11-20. Wilcox Corporation Income Sta
    12·1 answer
  • A yield can be paid in the form of?
    5·1 answer
  • Which statement best explains why reporters should use mostly primary sources?
    14·1 answer
  • ABC Corporation owns a factory. They are selling the factory to Amalgamated Corp. The lawyer for ABC Corporation writes the deed
    10·1 answer
  • An investor in able inc. would like to understand able's availability of resources to pay its short-term cash requirements. this
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!