Answer:
Supplemental agreement
Explanation:
A supplemental agreement is an agreement which is modified (but not replaced and/or rearranged) with the mutual understanding and consent of both the parties involved. The binding spirit of the contract is not affected because of this modification, nor the mutual considerations to be transferred. The reason behind a supplemental agreement could be anything, it might be because for the inclusion of some important consequences that were previously left unmentioned, which could have increased the contractual inadequacy risk for both the parties or any reason detrimental to legal and/or financial capacity of the parties involved.
Answer:
$562,500
Explanation:
Depletion expenses = Land expenses
Depletion expenses = [$2,300,000 - $50,000 / 4]
Depletion expenses = $2,250,000 / 4
Depletion expenses = $562500
So, the depletion expense recorded for 2018 is $562,500
Answer:
7.5%
Explanation:
The formula to compute the unemployment rate is shown below:
Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100
where,
Number of people employed is 185 million
And, the labor force is 200 million
So in order to find out the unemployment rate, we subtract it by 1
= 1 - ($185 million ÷ $200 million)
= 1 - 0.925 million
= 7.5%
Answer:
mutual mistake
Explanation:
A mutual mistake happens when all the parties involved in a contract (two or more) are mistaken or do not know the correct information about some specific material fact that is relevant to the contract. In this case, the contract can be rescinded because Harry believes that Ryan wants to buy his Cadillac, while Ryan believes Harry is selling his Porsche.
Since both of them are mistaken and do not know relevant material facts regarding the contract, the contract can be terminated.
A) you own a home
Hope this helped!
