I don't know if I'm correct or if I'm wrong but correct me, They should strengthen your transcript seems more reasonable.
Answer:
The correct answer is True.
Explanation:
When an intoxicated person enters into a contract, the contract can either be enforceable, meaning held to the fullest extent of the law, or voidable by the intoxicated person. The court will look at two criteria that need to be present in order to make the contract voidable:
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The intoxication was severe enough that the person entering into the contract was incapacitated.
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The other party was aware of the intoxication at the time.
A voidable contract, in this instance, is one in which the intoxicated party can end the agreement under certain terms. To expand on the criteria above, in order for the intoxicated person to void the contract, there needs to be adequate proof that one of the following occurred:
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The intoxicated person consumed enough alcohol or drugs to cause impairment in thinking sufficient enough that he could not understand the legal ramifications of entering into the contract.
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The other party to the contract knew of the intoxication.
Answer:
15%
Explanation:
Required rate of return = Net operating income other than income others / Average operating assets
Required Rate of Return = $90,000/$600,000
Required Rate of Return = 0.15
Required Rate of Return = 15%
Thus, the company's required rate of return is 15%
<u>Workings</u>
Return on Investment = Net Profit/Total investments*100
Net income = Return on investment*Total Investments
Net income = $600,000 * 22%
Net income = $132,000
Thus, Net Operating income = Net income - Residual income = $132,000 - $42,000 = $90,000.
Answer:
Confrontation
Explanation:
Confroning a person is better than talking in publoc due to lots of People listening
Answer:
$105.34
Explanation:
Given:
- Coupon rate of 6.7% semiannually = 6.7%/2 = 3.35% (semi-annually)
=> Coupon payment: $100*3.35% = $3.35
- Yield to maturity is : 3.1% + 0.8% = 3.9%/2 = 1.95% (semi-annually)
Using present value formula in excel
pv=(rate,nper,pmt,fv)
pv = (1.95%, 4, 3.35,100)
pv = $105.34
The price of the firm's outstanding two-year bonds be per $100 of face value is: $105.34