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2 years ago

Role of microfinance institutions in national development

Business

1 answer:

IgorLugansk [536]2 years ago

7 0

Answer:

Thus, micro-finance has become one of the most effective interventions for economic empowerment of the poor. Microfinance is an economic development approach that involves providing financial services, through institutions, to low-income clients, where the market fails to provide appropriate services (Kumudini, 2015).

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Assuming a court did find there was a valid offer, if there was an action brought against the store, would Vinny's mistake of gi

slavikrds [6]

Answer:

C. Yes, since the mistake would be obvious to a reasonable person.

Explanation:

A unilateral mistake occurs when only one party is mistaken as to the subject matter or the terms contained in the contract agreement.

The general rule involving unilateral mistakes is that, if the non-mistaken party either knew or should have known of the other party's mistake, the mistake is a “palpable unilateral mistake” which makes the contract voidable by the mistaken party.

Therefore, since Vinny's mistake would have been obvious to the other party, it could make the contract voidable and relieve the store of the liability.

7 0

3 years ago

Read 2 more answers

When assessing whether product release deadlines were met during the first three months of the year, the quality assurance (QA)

Amanda [17]

B because I believe I did this before

8 0

2 years ago

Value Electronics, Inc. started its operations on January 1, 2019.

elixir [45]

Answer:

The first step in operating cycle would be to purchase inventory from vendors.

The correct answer is D

Explanation:

The steps involved in operating cycle includes:

1. Purchase of inventory from vendors

2. Sale of goods to customers

3. Recording of sales in accounts

4. Collection of cash from customers

3 0

2 years ago

Explain what type of business would fall under a partnership ???

scZoUnD [109]

here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

4 0

2 years ago

You have been given the following information for Nicole's Neckties Corp.: Net sales = $2,500,000; Cost of goods sold = $1,300,0

Finger [1]

Answer:

$360,000

Explanation:

Net sales : $2,500,000

Cost of goods sold : ($1,300,000)

Gross profit : $ 1,200,000

Interest expense : ($50,000)

Net profit : $ 1, 150,000

Retained earning: ($30,000)

Dividends paid : ($300,000)

Tax at 40%: =40% * $1,150,000

($460,000)

Depreciation expense : $360,000

6 0

2 years ago