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Ket [755]
3 years ago
7

Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return

the car. d. enforceable since it is for a necessary. e. none of the above
Business
1 answer:
AysviL [449]3 years ago
4 0

Answer:

The correct answer is letter "A": voidable.

Explanation:

Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.

Thus, <em>Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).</em>

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dedylja [7]

Answer:

Benefits

Explanation:

Both existing and potential customers attached the value of a product to its perceived benefits rather than its technical features.

When selling a product, businesses should focus more on communicating the benefits of a commodity than its features. Customers are more concerned with the advantages they stand to gain by consuming goods or services.

Focusing on benefits allows a business to set high prices and differentiate the product from its competitors. Communicating benefits creates a psychological conviction on customers, making them want to buy the product, thereby increasing sales.

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3 years ago
Gatorade thirst quencher displays the letter g front and center along with the brand's iconic bolt. according to the company, "g
Alex787 [66]

Perception benefits.

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4 0
3 years ago
A distribution of $15,000 is taken from a Coverdell Education Savings Account in a given year, but only $13,000 is used for the
AysviL [449]

Answer:

B) $2,000 is taxable and a 10% penalty will be imposed

Explanation:

Coverdell ESA distributions that are not used for qualifying educational expenses must be included in the gross income of the beneficiary and usually will be subject to a 10% tax penalty.

Coverdell ESA contributions are not taxed deductible, but the interest that they earn is not taxed. If the distributions are used to cover qualifying educational expenses, they are not taxed. But if they are not used properly, they must be included in the gross income of the beneficiary and will usually result in a 10% tax penalty (of the unused amount).

5 0
4 years ago
With the help of a diagram explain types of price elasticity of supply​
SIZIF [17.4K]

Answer:

...

Explanation:

...

8 0
4 years ago
A certificate of deposit offers a nominal interest rate of 3.5 percent annually.
Snezhnost [94]
I’m pretty sure the answer is c
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3 years ago
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