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NISA [10]
3 years ago
5

Mark agrees to buy dale's one-half-ton truck so that he can pull his trailer. both mark and dale believe that the truck is large

enough to do the job. after they complete the deal, mark hitches the truck to the trailer and attempts to pull the trailer, but without success. the contract between mark and dale can be rescinded because of:
Business
2 answers:
enyata [817]3 years ago
8 0

I believe the answer is: Mutual mistake

Mutual mistake happen when all the parties involved in the contract both mistaken regarding the things or material within their contract, which make them able to re-consider the term of the contract or even renew it. This type of mistake usually occurs when the planning do not represent the actualisation on the field

Pavel [41]3 years ago
7 0
The contract between both of them is rescinded because of mutual mistake. It is because Mark and Dale, the parties of the contract, are both made a mistake about the estimation of the size of the truck. Although Dale and Mark have meeting of minds which is considered the contract to be valid but both they have made mistake, therefore, the contract is voidable. 
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Part E14 is used by M Corporation to make one of its products. A total of 19,000 units of this part are produced and used every
Gennadij [26K]

Answer: ($24100)

Explanation:

The annual financial advantage (disadvantage) for the company goes thus:

The relevant cost to produce will be:

= ($4.10 × 19,000) + ($8.70 × 19,000) + ($9.20 × 19,000) + ($4.60 × 19,000) + $31,000

= $77900 + $165300 + $174800 + $87400 + $31000

= $536,400

The relevant costs to buy will be:

= 19,000 × $29.5

= $560,500

Since the relevant cost to buy is more than the relevant cost to produce, then the financial disadvantage will be:

= $560500 - $536,400

= $24,100

The answer is ($24,100)

5 0
3 years ago
The Evendale Store is just one of many stores owned and operated by the company. The Apparel Department is one of many departmen
ExtremeBDS [4]

Answer:

<em>Direct cost for Apparel Department</em>

Apparel Department cost of sales—Evendale Store $116,100

Apparel Department sales commission—Evendale Store $7,950

Apparel Department manager’s salary—Evendale Store $9,950

<u><em>Total            134,000</em></u>

<em>Direct cost for Evendale Store</em>

Apparel Department cost of sales—Evendale Store $116,100

Store manager’s salary—Evendale Store $18,300

Apparel Department sales commission—Evendale Store $7,950

Apparel Department manager’s salary—Evendale Store $9,950

Janitorial costs—Evendale Store $13,700

<u><em>Total                 166,000</em></u>

<u><em /></u>

<em>Apparel Direct cost which are also variable</em>

<em>(change as object cost increase)</em>

Apparel Department cost of sales—Evendale Store $116,100

Apparel Department sales commission—Evendale Store $7,950

<u><em>Total                 124,050</em></u>

<u><em /></u>

Explanation:

a) we should consider which cost are directly linked into Apparel department only.

b) here we have to determinate cost directly linked into Evendale Store

c) While in this case, besides looking for cost linked to Apparel department, they also need to be variable thus, changing with the object cost.

5 0
3 years ago
A country that abolishes laws that regulate private enterprises and removes price controls is in the process of
son4ous [18]

Answer:Deregulation

Explanation:

5 0
3 years ago
Priscilla owns a factory that produces kayaks. She is trying to decide whether to continue using her one of her current pieces o
Nataliya [291]

Priscilla does not need to consider the cost of the new equipment.

Originally used by the Inuit, kayaks are a sort of canoe with a light frame and a watertight covering that has a tiny space in the top to sit in.

As a type of compact watercraft, kayaks are renowned for their exceptional design. A boat that is quick, strong, and simple to turn may be modified for calm lakes, swift rivers, and rough seas thanks to its light hull, covered top, and shallow base.

Instead of continuing to use her outdated pieces of equipment, Priscilla could swap them out for more modern ones.She shouldn't consider the price of the new equipment as a result.

Click the link to learn more about the kayaks

brainly.com/question/27326576

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4 0
1 year ago
A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. If the corporati
Dahasolnce [82]

Answer:

c. $37.50

Explanation:

The computation of the market value of the stock split is shown below:

= Current market value ÷ four ÷ one

= $150 per share ÷ 4 ÷ 1

= $150 per share ÷ 4

= $37.50

Simply we divide the current market value by the four for one stock split ratio so that the correct market value can come. The four for one reflect the ratio criteria which is mentioned in the question

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Read 2 more answers
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