Jackson motors tells sue, a consumer, that bliss automobiles are made with metal bodies when they are in fact made of fiberglass. This would be considered a fraudulent misrepresentation.
Under contract law, a plaintiff can recover compensatory damages against any defendant when the court finds that the defendant has committed a fraudulent misrepresentation. Courts will find that a defendant has committed a fraudulent misrepresentation when following factors have been met:
a representation was made by the defendant, the representation which was made was false
that when it is made, the defendant knew that the representation made by him was false.
that the fraudulent misrepresentation was made with the intention so that the plaintiff rely on it.
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Answer:
the acid-test ratio is 1.5 times
Explanation:
The computation of the acid-test ratio is as follows:
Acid test Ratio = Quick assets ÷ current liabilities
where,
Quick Assets is
= Cash + short tern investments + Account receivable
= $3,500 + $50,000 + $56,000
= $109,500
And, the current liabilities is $73,000
So, the acid-test ratio is
= $109,500 ÷ $73,000
= 1.5 times
Hence, the acid-test ratio is 1.5 times
Answer:
You introduce the following below:
1. Name
2. Your Educational Achievements
3. Your professional achievements related to the work.
4. Your marriage status.
5. Your hobbies.
Explanation:
Note,
You will have to make all this very brief, because your interviewer has your resume and he/she will access you based on it.
Market condition is the correct answer.
Answer:
They may put a firm at a competitive advantage to indigenous competitors
Explanation:
- A trade barrier is a restriction on international trade of import and exports of the products are also called as tariff barriers on imported goods and they include quotas, embargoes, they discourage the free trade and keep the principle of the comparative advantage.
- The main arguments that they help protect the domestic companies, and industries, and the workers.
