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Delicious77 [7]
3 years ago
15

If contracting parties attach materially different meanings to a contract word or term subject to more than one reasonable inter

pretation, the contract is void. a. True b. False
Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

True

Explanation:

A contract is a professional document with the set of guidelines and regulations for a business when there is a partnership between two or more people, and that should be a parameter instrument for the effectiveness of a business and compliance with the current legislation.

Every contract must be drafted in a clear and objective manner, with equal rights and obligations for all members and in such a way as not to give scope for different interpretations or clauses that benefit someone. Therefore, it is correct to state that if the contracting parties assign different meanings to words or a contractual term that gives rise to more than one interpretation, the contract will be void.

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Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can
Dovator [93]

Answer:

Edgar

Explanation:

When you find out how fast each person goes in one hour, Edgar goes farther the fastest.

5 0
3 years ago
select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new
mote1985 [20]

The problems with price gouging laws that keep prices low are:

  1. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
  2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.

Here are the options to this questions:

  1. Price gouging laws reduce shortages after a disaster by keeping prices low.
  2. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
  3. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
  4. When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price gouging laws short circuit this effect.
  5. Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods
  6. Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would

Price gouging is when the price of a good or a service is increased to very high levels when the demand for the product is higher than the supply of the product. Price gouging usually occurs after an event. For example, after a natural disaster.

In order to prevent price gouging, the government can set a price ceiling. A price ceiling is when the maximum price for a good or service is set by the government. When prices are prevented from rising above a particular price, this benefits consumers as they would be able to purchase goods at a cheaper price. But producers would be disadvantaged because their profit margins would fall. This can lead to a shortage problem as demand would exceed supply.

To learn more about price gouging, please check: brainly.com/question/10477659?referrer=searchResults

3 0
2 years ago
The Nash Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in t
polet [3.4K]

Answer:

BUILDING C

Explanation:

Calculation to determine In which building would you recommend that The Nash Inc. locate, assuming a 12% cost of funds

BUILDING A $611,000

Calculation for BUILDING B

Annual payments $71,370

X PV factor 8.65246=1+(1-(1.11)^-24)/0.12

Net present value $617,526.1

Calculation for BUILDING C

Annual rental $6,800

X PV factor 7.71993 =(1-(1.11)^-25)/0.12

Present value 52,495.5

Net present value =$657,400- $52,495.5

Net present value =$604,905

Net present value

Building A $611,000

Building B $617,526.1

Building C $604,905

Based on the above calculation Nash inc should locate itself in Building C because it has less Net present value

Therefore the building you would recommend that The Nash Inc. locate, assuming a 12% cost of funds is BUILDING C

4 0
2 years ago
At Bell’s Furniture, assemblers are paid according to the following differential piece rate scale: 1−20 dressers in a week, $7 e
Y_Kistochka [10]

Answer:

$658

Explanation:

Henderson assembled 47 dressers in the week.  

Her applicable pay rate is $14 per piece since she assembled over  30 dressers in one week.

her gross pay for the week

=$14 x 47

=$658

4 0
3 years ago
Paul wrote a check to the dentist for $345.69. He’ll use the check register to record his transaction. What will be his new bala
Sauron [17]

The answer is A) $704.73

8 0
2 years ago
Read 2 more answers
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