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3 years ago

In order for someone to avoid a contract on the grounds of intoxication, the level of intoxication must have been:______.

Business

1 answer:

denpristay [2]3 years ago

6 0

Answer: so great that he didn't comprehend the nature of the agreement he was entering into.

Explanation:

An intoxicated person simply refers to someone who is under contractual incapacity due to the fact that there's ingestion of drugs or alcohol which brought about incompetence.

In order for someone to avoid a contract on the grounds of intoxication, the level of intoxication has to be so great that the person can't comprehend the nature of the agreement he or she was entering into.

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How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net s

Irina-Kira [14]

Answer: See explanation

Explanation:

You didn't give a complete question as there are no figures attached but I saw a question online which I think is the complete question. Below are the answers:

1. After tax interest in 2010

= (1 - t) × Interest

= (1 - 40%) × 120,000,000

= (1 - 0.4) × 120,000,000

= 0.6 × 120,000,000

= $72,000,000

After tax interest in 2009

= (1 - t) × Interest

= (1 - 40%) × 100,000,000

= (1 - 0.4) × 100,000,000

= 0.6 × 100,000,000

= $60,000,000

2. Net debt repayment in 2010

= (1,000,000,000 + 200,000,000) - (1,100,000,000 + 384,000,000)

= 1,200,000,000 - 1,484,000,000

= -284,000,000.

3. The RCF used for common dividend in 2009 = $200,000,000

The RCF used for common dividend in 2009 = $220,000,000

4. Net stock repurchase 2010

= $110,000,000 - $100,000,000

= $10,000,000

8 0

3 years ago

Surveys show that a small increase in the price of one brand of gasoline (e.g. Shell or Irving) will cause most people to switch

tamaranim1 [39]

Answer:

Relative elastic

Explanation:

Elastic demand means that quantity demanded is sensitive to price changes.

A small change in price leads to a greater change in quantity demanded

4 0

3 years ago

According to arnold and bowie, are mnes responsible for the practices of their subcontractors and suppliers?

Vaselesa [24]

Answer:

They are definitely responsible.

Explanation:

Denis Arnold and Norman Bowie advocate for corporate responsibility in their article "Sweatshops and Respect for Persons" (Business Ethics Quarterly 13 - 2003).

<em>"MNE's have a moral duty to ensure their business partners respect employees by ensuring that human rights are not violated in the workplace."</em>

Corporations can't turn a blind eye on abuses committed in countries where they outsource their production.

3 0

4 years ago

Consumers should be concerned about high interest rates because high interest rates __________.

svlad2 [7]

Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.

4 0

4 years ago

partial credit, E12-19A (similar to) Turner Hardware is adding a new product line that will require an investment of $ 1 comma 5

son4ous [18]

Answer:

5.98 years

Explanation:

The computation of the payback period is shown below:

In year 0 = -$1,530,000

In year 1 = $305,000

In year 2 = $270,000

In year 3 = $240,000

In year 4 = $240,000

In year 5 = $240,000

In year 6 = $240,000

In year 7 = $240,000

In year 8 = $240,000

In year 9 = $240,000

In year 10 = $240,000

If we added the first 5 year cash inflows than it would be $1,295,000

Now we have to subtract the $1,295,000 from the $1,530,000 , so the amount would be $235,000 as if we sum the six year cash inflow so the total amount is exceeded to the initial investment. So, we subtract it

And, the next year cash inflow is $240,000

So, the payback period equal to

= 5 years + $235,000 ÷ $240,000

= 5.98 years

5 0

3 years ago