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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 the contract between mark and dale can be rescinded because of: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The contract between both of them is rescinded because of mutual mistake.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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A department manager recently launched a new initiative so the members of her department can more easily present innovative idea
maw [93]

Answer:

all r true

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5 0
2 years ago
postal express is considering the purchase of a new sorting machine. the sales quote consists of quarterly payments of $37,200 f
Cloud [144]

The five-year sales quote includes quarterly payments of $37,200 at a 7.6% interest rate. The price of the acquisition is $614,184.40.

<h3>Do you mean by PMT payment?</h3>

PMT stands for "payment," therefore the name of the function. A PMT method can estimate your monthly payments, for instance, if you are looking for a $30,000 car loan with a two-year term and an annual interest rate of 7%.

<h3>In the fv formula, what is PMT?</h3>

PV = present value, and FV=PMT(1+i)((1+i)N - 1)/i Future Value (FV) Payment per period (PMT) I = percent per period interest rate N is the number of cycles.

Quarterly Payment = PMT = $37,400

Interest Rates = r = 7.6% per year = 0.076 per year = 0.076 / 4 = 0.019 per quarter

Number of years = 5 years

Number of Payment = n = 5 years x 4 quarters per year = 20 quarters

PV = PMT x (1 - [1 / (1 +r)^n]) / r

PV = $37,200 x (1 - [1 / (1 +0.019)^20]) / 0.019

PV = $614,184.40

Learn more about PMT: brainly.com/question/12890163

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5 0
1 year ago
A plan for a career starting in two years:
r-ruslan [8.4K]

Answer:a) Will give you less opportunities than a career starting right away

wrong

Explanation:

6 0
2 years ago
Which belief best reflects the economic theories of Karl Marx?
Shtirlitz [24]

Answer:

B. Class tensions will lead to the end of market economies.

Explanation:

According to the Marxists theory, the tension between the capitalist and the working class gives birth to the class conflict in the society. It is tension that is created as the result of the exploitation and conflict between the two. This conflict further would initiate a revolution among the working class that would turn the capitalist class upside down. The exploitation faced by the working class by the capitalists is the major force that would turn them to be rebellious.

7 0
3 years ago
NEED HELP AS SOON AS POSSIBLE
Alexeev081 [22]

Answer:it is 10,000

Explanation:

3 0
3 years ago
Read 2 more answers
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