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adell [148]
2 years ago
5

Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, M

arsha states that she has the authority to enter into an agreement with Antonio, that she owns the piece of art, and that the art is authentic and not a forgery. These statements are examples of: ______________
a. covenants.
b. representations and warranties.
c. choice of law provisions.
d. riders.
Business
1 answer:
kramer2 years ago
5 0

Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.

<h3 /><h3>Features of a contract</h3>

Corresponds to a formal and consensual document that must be based on legality to identify an economic transaction between two or more parties, establishing the rights and obligations of both.

Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.

The correct answer is:

B. Representations and warranties

Find out more information about legal contract here:

brainly.com/question/8935110

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You have just won ​$20,000 in the state​ lottery, which promises to pay you ​$1,000​ (tax free) every year for the next
prohojiy [21]

The value of the second​ $1,000 payment is worth $ 952.38

The net present value is given by the expression as shown below:

         NPV = \frac{future value }{(1 + r)^{n}  }

Plugging the values in the above expression,          

Future value =$1,000

                    r=0.05

                    n=1

            NPV = \frac{1000}{(1 + 0.5)^{1}  }

           NPV = 952.38

The value of the second​ $1,000 payment is worth $ 952.38

<h3>What Is Net Present Value (NPV)?</h3>

Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project. NPV is the result of calculations used to find today’s value of a future stream of payments.

Net Present Value (NPV) Formula:

NPV = \frac{R_{t}  }{(1 + r)^{t}  }

where:

R_{t} =Net cash inflow-outflows during a single period

i =Discount rate or return that could be earned in alternative investments.

t=Number of timer periods

Learn  more about NPV on:

brainly.com/question/13228231

#SPJ4

5 0
1 year ago
Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
olga2289 [7]

Based on the definitions of these data analytic types, the following are true:

  • a. Descriptive analysis
  • b. Descriptive analysis
  • c. Prescriptive analysis
  • d. Diagnostic analysis
  • e. Predictive analysis
  • f. Diagnostic Analysis
  • g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

Find out more about data analysis at brainly.com/question/25782746.

6 0
2 years ago
Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing
iVinArrow [24]

Answer:

$120

Explanation:

Given:

• Geometric growth rate of existing financial security:

$4 to $8 to $16 to $32 to $64 to $128

• Arithmetic growth rate of underlying assests:

$4 to $6 to $8 to $10 to $12 to $14

From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.

We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:

Price of underlying assests when decreased by $6 =

$14-$6 = $8.

Therefore, price of existing financial security decline wil be:

$128-$8 = $120

6 0
2 years ago
The American Association of Individual Investors (AAII) has identified several qualitative factors that should also be considere
wel

Answer:

Option 1 is the Correct Answer

Explanation:

Eastern Manufacturing being a one item organization is reliant on a solitary item for their benefit. As the item is at its immersion organize in showcase, the advancement of new item can carry another method for income to organization or the organization would before long face endurance issues.

7 0
3 years ago
The difference between formal proposals and other formal reports lies mainly in
Novay_Z [31]

Answer:

B) the text.

Explanation:

A formal proposal is a written plan conveying an essential idea being put forward for consideration by potential investors or businesses.

A formal report is a concise document containing facts about an investigation and analysis of an issue or event for a specific purpose.

The difference between formal proposals and other formal reports lies mainly in the text.

8 0
3 years ago
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