Answer:
A. Undue influence
Explanation:
Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.
In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.
Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.
Answer:
__Publicity_____ allows manufacturers to add a team’s logo or image to merchandise in order to make the product more attractive to fans of the team.
Explanation:
Publicity is the promotional opportunity that allows marketers to take advantage of a team's popularity to sell more of their products and services. It is achieved by associating the products or services with the team. The marketers may use the team's logo or image on their merchandise, thus making the product or service more attractive to the fans of the team and other game enthusiasts.
Answer:
D) $25,000
Explanation:
Accrual basis is a method of recording accounting transactions for revenue when earned (rather than when the cash is received) and expenses matched with revenues when incurred (rather than at the time when expenses are paid).
In the year, Grace Company earned revenues: $60,000
Expense incurred: $35,000
Prepaid $8,000 that will be expense next year.
Net Income = Earned revenues - Expense incurred = $60,000-$35,000 = $25,000
Answer:
1. $25,500
2. $50,000
Explanation:
Company will earn zero economic profit if the price is $25,500
Insurance price = (50% x $50,000) + (50% x $ 1,000)
Insurance price = $25,000 + $500
Insurance price = $25,500
If the careful doctors are not willing to pay more than $5,000 for insurance then I am afraid reckless doctors will take the insurance with price of $50,000
Answer:Accept Option B
Explanation: The concept of Future Value helps to to critically analyze investment opportunities so you can make decisions among options amd most importantly pick the project that yields the highest return.
The Future value of project A after discounting is $881.4 and for project B is $10,487.8
This is because of the difference in the amount invested.
The difference in return is $10,487.8-$881.4 = $9,606.4