Answer:
There is no contract since both Helen and Garth made a mutual mistake.
In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.
Mutual mistakes are not on purpose, they are mistakes committed in good faith.
Answer:
The change in checking deposit is equal to $22,727.27.
Explanation:
An amount of $2,500 is deposited in a checking account.
The required reserve ratio is 0.11 or 11%.
A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.
The change in the checking deposits will be
=
amount deposited
= 
= $22,727.27
Answer:
b.(1/2, 1/2)
Explanation:
If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.
Therefore, Nash equilibrium is (1/2 , 1/2).
Answer:
Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.
Explanation:
Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.
Answer:
a
Explanation:
Because not all landlords count it against you