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aleksandrvk [35]
2 years ago
15

In need of money, the owner of a ring prepared an email one evening proposing to sell the ring to a friend for $500, but only if

he responded within 24 hours. Unable to bring herself to send the email, the owner, who normally was a teetotaler, began drinking. When she was thoroughly intoxicated, she sent the email without realizing it. After the owner sobered up the following afternoon, she called her friend and said that she had never meant to send the email, but her friend informed her that he had already responded by email, agreeing to the transaction. Does a valid contract exist
Business
1 answer:
weeeeeb [17]2 years ago
3 0

Answer: No

Explanation:The law presumes that some people do not have the power to form contracts. These people are:

children under the age of 7

people who lack mental capacity

people who are under the influence of drugs or alcohol

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Nadine is retiring today at age 66 and expects to live to age 82. She has $136,000 in her retirement savings account. She is som
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Answer:

$1,103.56

Explanation:

In this question, we use the PMT formula that is shown in the attachment. Kindly find it below:

Provided that

NPER = (82 - 66) × 12 = 192

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Future value = $0

Rate of interest = 6% ÷ 12  months = 0.5%

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $1,103.56

6 0
3 years ago
If the fed raised the reserve requirement, the demand for reserves would.
Ilya [14]

In a scenario where the fed raise the reserve requirement, the demand for reserves would increase.

<h3>What is a reserve requirement?</h3>

A reserve requirement simply means the amount of money that banks are expected to keep with the central bank.

It should be noted that when the fed raise the reserve requirement, the demand for reserves would increase, therefore, the federal rates would fall.

Learn more about reserve requirements on:

brainly.com/question/10684321

8 0
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Answer:

A. policy

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Capital goods are those good used to make consumer goods and services.
Thus answer is D

Capital goods is also known as intermediate goods, durable goods or economic capital.
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Brenda, the sales manager of a firm, wants to generate a particular report containing sales analyses of the second and third qua
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Query is the correct answer to the question
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