In a condition where Gina induces Hugh to enter into a contract for the purchase of a condominium about which Gina knowingly misrepresents a number of material features, Hugh can rescind from entering into the contract on the basis of fraud when he discovers about the truth of Gina's wrongful intentions.
<h3>What is the significance of a fraud?</h3>
A fraud can be referred to or considered as a situation that arises when either of the parties to a contract is unaware of the wrongful intentions of the other party at the time of entering into the contract.
Therefore, the significance regarding a fraud has been aforementioned.
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Answer:
The value of the firm is $1,485,000
Explanation:
For computing the value of the firm, first, we have to compute the price per share which equals to
= Borrowed amount ÷ repurchase shares
= $220,000 ÷ 20,000
= $11 per share
Now, the value of the firm should be computed. The formula is used which is shown below:
= Price per share × Number of outstanding shares
= $11 × 135,000 shares
= $1,485,000
Hence, the value of the firm is $1,485,000
The financial activity that helps a company based in another country is : A. Foreign direct investment
Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia
The answer is all but D.
the company cannot produce a combination of x,y when the plot is outside the line