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Dovator [93]
4 years ago
6

If a contract is illegal, may it be voided even if the actors knowingly signed to the terms of the contract?

Business
1 answer:
gregori [183]4 years ago
8 0

<u>Answer:</u> Yes, the contract is considered to be voided.

<u>Explanation:</u>

When a contract is void it has no effect so the parties to the contract need not abide by the terms of the contract. Some of the reasons which make a contract void are as follows:

The subject matter of the contract contains illegal content that is against the statutes and the public policy. The terms of contract are not clear or difficult to fulfill. Fraud, misrepresentation of facts or lack of consideration are other factors where the contract becomes void.

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They got opinion and suggestions of everyone involved<br>​
Molodets [167]

Answer:

One of the most challenging aspects of a virtual meeting is keeping people’s attention. It’s important to be thoughtful about how you engage attendees. In the first minute of your meeting, help participants experience the problem you want them to solve by sharing statistics, anecdotes, or analogies that dramatize the issue. Then emphasize shared responsibility for solving it. Define a highly structured and brief task they can tackle in small groups of two or three people and give them a medium with which to communicate with one another (video conference, Slack channel, messaging platform, audio breakouts).  Then have the groups report out. Never go longer than 5-10 minutes without giving the group another problem to solve. The key is to sustain a continual expectation of meaningful involvement so participants don’t retreat into an observer role. When that happens, you’ll have to work hard to bring them back.

Explanation:

4 0
3 years ago
ou are considering a stock investment in one of two firms (A and B), both of which operate in the same industry. A finances its
harina [27]

Answer: A = 9 and firm B = 0.11

Explanation:

Debt to equity ratio = Total Liability/ total equity

Firm A = 18000000 / 2000000

Debt to equity ratio of firm A = 9

Firm B = 2000000 / 18000000

Debt to equity ratio of firm B = 0.11

6 0
3 years ago
Cobalt Sodas has seen its market share erode in recent years, as consumers increasingly turn toward healthier beverage choices s
nadya68 [22]

Answer:

The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior

Explanation:

The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.

Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.  

8 0
4 years ago
An article in the Wall Street Journal contained the following observation: "Every month, millions of workers leave the job marke
Alik [6]

Answer:

The millions of workers leaving the job market for the reasons given are:

  • B) not counted as unemployed in the BLS data because they are no longer actively looking for work.

Even if they don't find a job right away, people entering the job market after graduating from high school or college will

  • A) be counted as part of the labor force by the BLS if they are actively looking for work.

Explanation:

The unemployment rate includes everyone that doesn't have a job but has actively looked for one during the last 4 weeks (generally a month because the unemployment rate is given on a monthly basis), and are currently available and willing to work.

7 0
3 years ago
(Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other
Serga [27]

Answer:

The financial advantage (disadvantage) from further processing is $0.40.

Explanation:

Compute the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks using the equation as shown below:

Financial advantage = Total sales from further processing −

Sale revenue lost of one T−bone −  Cost of further processing

=$8.90−$7.95−$0.55

=$0.40

​  

<h3>Hence, the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks is $0.40. </h3>

Working Notes:

Compute the total sales from further processing using the equation as shown below:

Sales from further processing =  One Fileted Mignon +  New York Cut

=$4.50+$4.40

=$8.90

​  

Hence, the total sale from further processing is $8.90.

Compute the Sales revenue from one fileted mignon after further processing using the equation as shown below:

One Fileted Migon = (Selling price per filet mignon×Yeild per ounce / Size of one T−bone steak )

=  $12×6 ounce  / 16 ounce

​=$4.50

​  

Hence, the sales revenue from one fileted mignon after further processing is $4.50.

Compute the Sales revenue from one New York cut after further processing using the equation as shown below:

New York cut = (Selling price per New York cut × Yeild per ounce  / Size of one T−bone steak )

= $8.8×8ounce  / 16 ounce  

=$4.40

​

3 0
3 years ago
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