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Anit [1.1K]
3 years ago
12

When both parties to a contract are mistaken as to the same material fact either paarty can rescind the contract?

Business
1 answer:
crimeas [40]3 years ago
6 0
I took this question already, so if it was 
<span>
Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.

It would be "True"

</span>
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When you arrive for your job interview, the interviewer greets you with a warm handshake and a smile. While you speak, he smiles
denis23 [38]

Answer:

b. He is actively engaged in your interview.

Explanation:

In most cultures, smiling implies friendliness. In the United States, nodding and maintaining consistent eye contact show interest and engagement in a conversation and respect for the speaker. By combining these three nonverbal behaviors, the interviewer is expressing active, positive interest in your interview.

7 0
3 years ago
To make sure that you do not get too tired when typing for long periods, how often should you get up and stretch? Every 15 minut
andrey2020 [161]
I would say about every 30 minutes, because if not then you would have poor posture, and back problems.
6 0
4 years ago
Mark owns 50% of an S corporation, Wick, Inc., and has a basis in that corporation of $3,000 at the beginning of Year 1. At the
Over [174]

Answer:

$3,000

Explanation:

Mark's basis at the beginning of the year = $3,000

Mark's share of Wick's income = $2,000 x 50% = $1,000

the distribution of the truck = $5,000

Mark's taxable income = basis - share of profits - truck's basis = $3,000 - $1,000 - $5,000 = -$3,000, so Mark has to report a $3,000 income from this distribution.

6 0
4 years ago
Crane Company has outstanding accounts receivable totaling $6.40 million as of December 31 and sales on credit during the year o
atroni [7]

Answer:

$320,000 or $0.32 million

Explanation:

In accounting, the percentage of bad debt expenses is applied to the outstanding accounts receivable at the end of a particular accounting period.

In the question, the end of the accounting period is given as December 31 and the outstanding accounts receivable as at that December 31 is a total of $6.40 million. Therefore, we will disregard other values and simply apply 5% to the the outstanding accounts receivable of $6.40 million as at that December 31 as follows:

Bad debt = Outstanding accounts receivable × 5%

               = $6.40 million × 5%

               = $6,400,000 ×  5%

               = $320,000

Therefore, the amount of bad debt expense to recognized for the year is $320,000 or $0.32 million.

5 0
3 years ago
Qualitative Risk Analysis determine the level of risk based on the __________ and _________ of risk.
S_A_V [24]

Answer:

A

Explanation:

Probability, impact

The purpose of Perform Qualitative Risk Analysis is to determine what impact the identified risk events will have on the project and the probability they will occur. It also puts risks in order of priority according to their effects on the project objectives and this is done by assigning s a risk score for the project. This boosts the chances of sucess of a project.

5 0
3 years ago
Read 2 more answers
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