1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Molodets [167]
3 years ago
9

Shockingly inadequate consideration can indicate the existence of what exceptions? choose three:

Business
1 answer:
Kipish [7]3 years ago
6 0

This can indicate fraud, duress, or undue influence.

In contracts, "consideration" is the things of value each side gives up in an exchange. So if one side gives $1 for a cup of coffee, that might be ok. Now, consider if the contract was to sell your entire house for $1! That would be a shockingly inadequate exchange because even the cheapest home is worth way more than $1.

In that case, the judge might look at <em><u>why</u></em> someone would be willing to give up so much for so little. Were they falsely told there home was worth nothing or maybe told that they would get $1 upfront and more later? That would be <u>fraud</u>. Were they told to sign the contract with a gun pointed at their head? That is an example of <u>duress</u>. Finally, did the person helping them with the contract have undue influence? If your boss, parent, or favorite celebrity advises you to do something that you don't want to do, but you worry about what they will thing if you don't, then you were a victim of their <u>undue influence. </u>

You might be interested in
In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supp
Flauer [41]

Answer:

The answer is C.

Explanation:

In financial market, it is the money that customers save that is available for loans. So customers supply money for loan into the financial market, and the demand for this money makes loan.

The financial markets help to save money for the future and to borrow money for current use.

3 0
3 years ago
Why do you think average income is an important criterion for development explain.
oee [108]

Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.

Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.

A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.

You can learn more about average income at

brainly.com/question/15046941

#SPJ4

7 0
1 year ago
Jahwana works for a large corporation with a 401(k) retirement plan. The company matches dollar for dollar the first 5% of the e
Gre4nikov [31]

Answer:

$8,000

Explanation:

Jahwana earns $40,000:

her 401k contributions = 15% x $40,000 = $6,000

Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000

total annual contribution = $6,000 + $2,000 = $8,000

7 0
3 years ago
Read 2 more answers
Please subscribe to my youtu.be MrJacobGuy i wanna get subscribers
Stella [2.4K]

Answer:

ok will do

Explanation:

6 0
3 years ago
Read 2 more answers
All of the following are examples of fiscal policy except __________.
timama [110]

The given options are all examples of fiscal policy enacted by government except d. lowering the interest rate.

<h3>What is fiscal policy?</h3>

Fiscal policy refers to actions by the government that are meant to improve or constrict economic activity.

They do so by either spending, reducing spending, or altering tax rates. Fiscal policy does not directly influence interest rates as this is done by monetary policy.

Find out more on fiscal policy at brainly.com/question/6583917.

3 0
2 years ago
Other questions:
  • Cycle counting A. involves shutting down production once per year to perform the annual inventory count. B. is a process by whic
    5·1 answer
  • Denti-Way Systems, a manufacturer of dental appliances, invented and patented a new x-ray machine that radically reduced mainten
    5·1 answer
  • Personal Care Products recently introduced a new acai berry shampoo. Rinn, director of new product development, has just reviewe
    13·1 answer
  • Premier Co. produces park equipment and is currently producing 10,000 park benches annually. A supplier has offered to produce t
    5·1 answer
  • Southeast Airlines had pretax earnings of $30 million, including a gain on disposal of a discontinued operation of $5 million. T
    5·1 answer
  • The price elasticity of demand for beef is about 0.60. Other things equal, this means that a 20 percent increase in the price of
    11·1 answer
  • Your younger sister needs $50 to buy a new bike. she has opened a lemonade stand to make the money she needs. your mother is pay
    8·1 answer
  • A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring payment of a six percent commiss
    15·1 answer
  • Amanda wants to buy a new car. What questions of financial responsibility should she ask herself before she makes the purchase?
    6·2 answers
  • __________ values and norms are exhibited by employees based on their observations of what actually goes on in the organization.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!