Ask question

Ask question

All categories

babymother [125]

3 years ago

12

A contract with a mistake that results from failure to understand the contract’s meaning or significance or from failure to read

the contract is:
A. unenforceable
B. void
C. constitutional
D. valid

1 answer:

Olegator [25]3 years ago

4 0

A.............................

You might be interested in

Good X and Good Y are related goods. When the price of Good X rises by 20 percent, the quantity demanded for Good Y falls by 40

ch4aika [34]

Answer:

-2

Explanation:

Good X and Y are related goods

When the price of Good X rises by 20 percent the quantity for Good Y falls by 40 percent

Therefore the cross price elasticity can be calculated as follows

= -40/20

= -2

Hence the cross price elasticity is -2

4 0

4 years ago

Under a contractionary policy the government can reduce the deficit by

Digiron [165]

Under a contractionary taxation policy, the government can reduce the deficit by increasing taxes and/or reduce spending. Contractionary policy is often used by governments that need to slow down the pace of its economy, due to an inflation rate problem.

6 0

3 years ago

Read 2 more answers

During its first year of operations, Ellison, Inc. bills customers $18,000 for the services it provided. At the end of the year,

BlackZzzverrR [31]

Answer:

The answer is: $600

Explanation:

Ellison Inc.'s total sales for the year were $18,000. By the end of the year $12,000 had been paid in cash and $6,000 still remained as accounts receivable. Out of those $6,000, the credit manager estimates 10% will be be noncollectible, that amounts to $600 ($6,000 x 10%).

5 0

4 years ago

Which of the following is good for our economy?

Otrada [13]

Answer:

Stable prices

Explanation:

Stable prices created a structured economy without residents having to constantly adapt to deflation, inflation etc.

8 0

3 years ago

A loan commitment of $4.43 million with an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take-down

valentinak56 [21]

Answer:

Total fees paid = $2,700,085

Explanation:

Given:

Loan Amount = $4,430,000

Up-Front basis fee = 60 points

Back-end fee = 35 points

Take down = 40 %

Computation:

Up-Front basis fee = $4,430,000 x 0.0060

Up-Front basis fee = $26,580

Back-end fee = $4,430,000 x 0.0035

Back-end fee = $15,505

Take down amount = $4,430,000 x 40%

Take down amount = $1,772,000

So

Total fees paid = [$4,430,000 - $1,772,000] + $26,580 + $15,505

Total fees paid = $2,700,085

4 0

3 years ago