which of the following is necessary in order to establish that a mutual mistake involving a basic assumption about the subject matter of a contract was made? question 44 options: the mistake involved a misunderstanding regarding the applicability of the uniform commercial code (ucc) to the contract the mistake involved the existence, quality, or quantity of the items to be exchanged the mistake involved the identity of parties to the contract or whether a party misunderstood the time constraints involved in the contract the mistake involved whether a party could profit from the contract the mistake involved whether a party could profit from the contract or whether a party misunderstood the time constraints involved in the contract
Answers
a mutual mistake involving a basic assumption about the subject matter of a contract was made the contract the mistake involved the existence, quality, or quantity of the items to be exchanged.
What is a mutual mistake in contract law?When both parties to a contract are erroneous regarding the same crucial piece of information, this is known as a mutual error. They disagree with each other. Although the parties are in agreement, they are in error.The situation in which all parties to a contract are "mistaken" regarding a fundamental fact is a common error. The contract may be defective at law or, in some cases, voidable in equity if both parties had the same mistaken belief (such as that items were included in a sale of contract).To learn more about mutual error refer,
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Related Questions
What other major trends or forces might affect marketing?
Answers
Answer:some major trends are -
Explanation:There will be increasing complexity in consumer purchasing decisions. ...
Personalization in product design and communications will be more prevalent. ...
Mobile communications are becoming the center of marketing. ...
Transparency will dictate brand-customer relationships.
Today you earn a salary of $28,500. What will be your annual salary fifteen years from
now if you earn annual raises of 3.5 percent?
Answers
Answer:
$47.747.44
Explanation:
After 14 years, the salary will be equivalent to the future value of $28,500 at 3.5% compound interest.
The formula for calculating compound interest is as follows.
FV = PV × (1+r)n
where FV = Future Value
PV = Present Value... 28,500
r = annual interest rate.... 3.5%
n = number of periods...15
Fv = $28,500 x ( 1+ 3.5/100)15
Fv = $28,500 x ( 1+0.035)15
Fv =$28,500 x 1. 67534883
Fv =$47.747.44
Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to the jewelry store, she went through a drive-through fast food restaurant to get a soda. While in line, she negligently bumped the vehicle in front of her which was owned by Ralph. Melinda did not have insurance. Ralph asked Cindy to pay for the damage to his bumper. Cindy refused on the basis that she never gave Melinda authority to stop for a soda. Should Cindy be held liable
Answers
Suggest strategies to succeed in outsourcing its HR services
Answers
Answer:
The answer is below.
Explanation:
The strategies of a company to succeed in outsourcing its HR services
1. Internal Analysis and Baselining: this involves the cost and value analysis of using internal HR vs Outsourcing HR
2. Understanding Cost vs. Value of HR: knowing what the cost and value of outsourcing entails can go a long way in determining whether it offers the value the company wants
3. Identifying Core Competencies: realizing the competencies of outsourcing HR particularly in the area of competitive advantage of the company.
4. Aligning Technology to Support Operational Objectives: utilization of outsourcing HR technology and operational support ensure the company doesn't cure additional coast
5. Agreeing on Expectations with HR Outsourcer: knowing what to expect and agreed on the outcome of the outsourcing process is one of the key strategies.
6. Addressing and Enforcing Performance Metrics: Also, the expected performance and what is needed to be achieved should be discussed and ensured it is ultimately accomplished.
A clothing design company pays two different people to design its T-shirts. The company pays person A $10 an hour and pays person B $12. Person A cannot work more than 5 more hours than person B, but they cannot work more than 30 hours total. Person A makes the company a profit of $15 an hour, and person B makes the company a profit of $20 an hour. If the company wants to make at least $250 in profit, which value will minimize the cost to the company? (Each point is (a, b), where a is the hours person A works and bis the hours person B works.) A. (17.5, 12.5) B. (0, 12.5) C. (10, 20) D. (0, 30)
Answers
AnswerAnswer:
B. (0, 12.5)
Explanation:
A+B = 30
a+a+5=30
a=12.5
if a = 12.5 b= 17.5
12.5 x 15 = 187.5 17.5 x 20 = 350
12.5 x 17.5 = 250 hence B is the correct answer
The combination of hours that minimizes the cost to the company while making at least $250 in profit is (17.5, 12.5), or answer choice A.
To minimize the cost to the company, we need to find the combination of hours for person A and person B that will allow the company to make at least $250 in profit while keeping the total cost of labor as low as possible. Let's call the number of hours that person A works "a" and the number of hours that person B works "b". We know that person A earns $10 per hour and person B earns $12 per hour. Additionally, we know that person A makes the company a profit of $15 per hour, while person B makes the company a profit of $20 per hour.
If we let x be the number of hours that person B works, then person A can work at most x+5 hours. This means that the total number of hours worked must be no more than 30, or a + b ≤ 30.
To make at least $250 in profit, we can set up the following inequality:
15a + 20b ≥ 250
Now we want to find the combination of a and b that minimizes the cost to the company. The cost to the company is given by:
Cost = 10a + 12b
We can use the method of Lagrange multipliers to solve this problem. We need to minimize the cost function subject to the constraints that a + b ≤ 30 and 15a + 20b ≥ 250.
The Lagrangian is:
L(a,b,λ) = 10a + 12b + λ(30 - a - b) + μ(250 - 15a - 20b)
where λ and μ are the Lagrange multipliers.
Taking partial derivatives with respect to a, b, λ, and μ, we get:
∂L/∂a = 10 - λ - 15μ = 0
∂L/∂b = 12 - λ - 20μ = 0
∂L/∂λ = 30 - a - b = 0
∂L/∂μ = 250 - 15a - 20b = 0
Solving these equations, we get:
a = 17.5, b = 12.5, λ = -1, μ = -2.5
Therefore, the combination of hours that minimizes the cost to the company while making at least $250 in profit is (17.5, 12.5), or answer choice A.
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The order of presentation of activities on the statement of cash flows is______________
1 point
a) Operating, Investing, and Financing.
b) Operating, Financing, and Investing.
c) Financing, Operating, and Investing.
d) Financing, Investing, and Operating.
Answers
The order of presentation of activities on the statement of cash flows is Operating, Financing, and Investing.
The option (B) is correct.
Cash flows are classified and introduced into working exercises (either utilizing the 'immediate' or 'circuitous' technique), contributing exercises, or funding exercises, with the last two classes commonly introduced on a gross premise. as it shows whether the business has sufficient fluid money to put in now is the ideal time and invest in assets.
When creating your income statement, list incomes first. Then, at that point, drill down any costs your organization had during the period and take away the costs from your income. The lower part of your pay proclamation will let you know whether you have a net gain or shortfall for the period.
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Frederico owns a coffee shop and is required to pay sales taxes on the total amount he earns in his coffee shop. Who assessed this tax?
A. Consumer court
B.coffee suppliers
C. Local government
D. Banks
Answers
Answer:
Local Government
Explanation:
They are the ones that assess your taxes
Why is it important to study ethics in school?
O A. Business values have improved since ethics was introduced into
the curriculum.
O B. Knowledge of ethical practices can stop you from making bad
decisions due to ignorance.
O C. It will make people more ethical.
D. It is required for entry into graduate business schools.
Answers
Answer:
b.
Explanation:
Knowledge of ethical practices can stop you from making bad decisions due to ignorance it is important to study ethics in school. Thus, option (b) is correct.
What is school?The term school refers to the educational institutes that are involved with students and teachers. The teacher is a guide for the student. The teacher's job is to teach the student as related to the study, courses, and future guidance. The student is able to effectively communicate, build punctuality, decorum, ethics, and value.
According to the school are the based on the study ethics are the ethical practices can stop you from making bad decisions due to ignorance. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.
As a result, the knowledge of ethical practices can stop you from making bad decisions due to ignorance it is important to study ethics in school. Therefore, option (b) is correct.
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Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)
Answers
The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.
How do these events impact the equilibrium price and quantity?The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.
But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.
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NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?
Answers
Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.
To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.
First, let's calculate the dividends for the next 7 years:
Year 1: $2.25 (given)
Year 2: $2.25 * (1 + 18%) = $2.655
Year 3: $2.655 * (1 + 18%) = $3.1399
Year 4: $3.1399 * (1 + 18%) = $3.7029
Year 5: $3.7029 * (1 + 16.5%) = $4.3177
Year 6: $4.3177 * (1 + 16.5%) = $5.0273
Year 7: $5.0273 * (1 + 6.5%) = $5.3485
Next, let's calculate the present value of these dividends using the required rate of return of 11%:
PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7
PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7
Finally, summing up the present values, we can estimate the stock price:
Stock Price = PV
Calculating this equation will give the estimated stock price of NBM common stock.
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in preparation of standard cost we consider what situation macroeconomics or microeconomics???
Answers
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine
Answers
A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.
Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.
Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.
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The course is Applied Business Decisions 315.
Answers
Answer:
i dont Know sowwy UwU pabrainlist na din
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Answers
1.How and when do you use disposable gloves, and how often should you change them?
Answers
Answer:
when you don't want to get your hands messy like cleaning dishes and I saw the horse in your pf so mabey when braiding there hair or anything like that and theow away everytime u use them I'm not sure if that is the answer you were looking for but I hope so lol
You work for a pharmaceutical company that has developed a new drug. The patent on the drug will last 1717 years. You expect that the drug's profits will be $ 5$5 million in its first year and that this amount will grow at a rate of 2 %2% per year for the next 1717 years. Once the patent expires, other pharmaceutical companies will be able to produce the same drug and competition will likely drive profits to zero. What is the present value of the new drug if the interest rate is 10 %10% per year?
Answers
Answer:
Present value = $45,185,606
Explanation:
Data:
number of periods(n) = 17 years
First-year profit = $5 million
Growth rate = 2%
Interest rate = 10%
Present value = ?
Solution:
The present value of the growing annuity can be calculated as follows
Formula:
Let's denote
annual interest rate = x
annual growth rate = y
Present value = First-year profit x \((\frac{1-(\frac{1+y}{1+x} )^{n} }{x-y} )\)
Present value = $5,000,000 x \((\frac{1-(\frac{1+0.02}{1+0.1} )^{17} }{0.1-0.02} )\)
Present value = $5,000,000 x 9.03
Present value = $45,185,606
How can i make money while i sleep?
Answers
Answer: Start an online business or Start a blog .
Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be
Answers
Answer:
1.8 divided by 15 easy
Explanation:
0. somthing
1- Describe the four directions of communication with examples. (5 Marks)
Answers
Answer:
I don't have any idea , sorry i need to save points
Answer:
Downward communication:
Communication in the first place, flows downwards. That is why, traditionally this direction has been highlighted or emphasized. It is based on the assumption that the people working at higher levels have the authority to communicate to the people working at lower levels.
Upward communication:
The function of upward communication is to send information, suggestions, complaints and grievances of the lower level workers to the managers above. It is, therefore, more participative in nature.
Lateral or horizontal communication:
This type of communication can be seen taking place between persons operating at the same level or working under the same executive. Functional managers operating at the same level, in different departments, through their communication, present a good example of lateral communication.
Diagonal or crosswise communication:
Diagonal or crosswise communication takes place when people working at the same level interact with those working at a higher or lower-level of organizational hierarchy and across the boundaries of their reporting relationships.
Making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses is called cash:
capitalization
management
maintenance
targeting
administration
Answers
Answer:
Managment
Explanation:
Making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses is called cash management. Therefore Option C is correct.
What is Cash Management?The daily management of managing cash inflows and outflows is referred to as cash management in a banking institution. It is necessary to manage the numerous monetary transactions that occur every day. The main objectives of cash management are to increase liquidity and decrease funding costs.
Both "Cash Management" and "Treasury Management" are terminology for specific cash flow-related services in the banking industry. Despite the fact that these phrases are frequently used interchangeably, Treasury Management includes a company's financial and investing activities.
Cash management is a crucial element in establishing and maintaining a company's financial stability. Whether you're an individual or a business, "cash" is the main asset needed to cover obligations, so it needs to be managed carefully to maximize profits.
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What does software alone enable a computer to do?
O connect to the Internet
O control processing speeds
O interact with the user
O manage other software
Answers
Answer:
its a
Explanation:
Which statements are true about making decisions? Select ALL that apply
A. Good decisions result in positive outcomes.
B. Decisions require making trade-offs.
C. Clear rationales are an indication that a decision is good.
D. The first step in the decision-making process is collecting information.
Answers
Answer:
D And C
Explanation:
because clear rational thinking and collecting information gives you knowledege Deal with it and you'll be fine
Q1. The following information relates to Alexis Company. Prepare Financial Statement Analysis as required below.
Alexis Corporation
Income statements
as at 31 December, 2019 and 2020
(In thousands Birr)
2019 2020
Revenue 2,240 2,681
Cost of goods sold (1,745) (2,272)
Gross Profit 495 409
Operating expenses (252) (362)
Operating Profit 243 47
Interest Expense (18) (32)
Profit Before Taxation 225 15
Taxation (60) (4)
Profit for the year 165 11
A. Prepare common size income statement for the year 2019 and 2020.
B. Perform a trend analysis and interpret the results
Answers
Answer:The following information relates to Alexis Company. Prepare Financial Statement Analysis
as required below.
Alexis Corporation
Income statements
as at 31 December, 2019 and 2020
(In thousands Birr)
2019 2020
Revenue 2,240 2,681
Cost of goods sold (1,745) (2,272)
Gross Profit 495 409
Operating expenses (252) (362)
Operating Profit 243 47
Interest Expense (18) (32)
Profit Before Taxation 225 15
Taxation (60) (4)
Profit for the year 165 11
A. Prepare common size income statement for the year 2019 and 2020.
B. Perform a trend analysis and interpret the results
Explanation:
A. Common Size Income Statement: 2019 2020, Revenue 100% 100%, Cost of goods sold 78.5 85, Gross Profit 22.5 15, Operating expenses 11.2 13.4 ,Operating Profit 10.9 1.7, Interest Expense 0.8 1.2, Profit Before Taxation 10.1 0.6, Taxation 2.7 0.2 and Profit for the year 7.4 0.4.
What is Profit?Profit is the money a business earns after accounting for all its expenses. It is the difference between a company’s total revenue and its total costs. Profit is earned when a business’s income is greater than its expenses. It is a key performance indicator to measure the success of a business.
B. Trend Analysis
The trend analysis of the common size income statement for Alexis Company shows that the revenue for the year 2020 has increased by 19.6% compared to the year 2019. However, the cost of goods sold has also increased by 28.9%, resulting in a decrease in the gross profit of 63.5%. The operating expenses also increased by 44.4%, leading to a decrease in operating profit of 82.3%. The interest expense increased by 77.7% and the profit before taxation decreased by 94.3%. The taxation also decreased by 93.3% and the profit for the year decreased by 97.6%. This trend analysis suggests that the company has not been able to manage its costs and expenses efficiently, resulting in a significant decrease in profits.
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60 points
Include the following:: The name of the career Some information you learned from research Education a person needs to get this type of job Skills a person needs to get this type of job How people in this job use technology
pls help i will give branlyist
Answers
Human job talent is being devoured by machines. And it's not only about low-skilled, repetitive work. Recent studies have shown that automation, robotics, algorithms, and artificial intelligence (AI) .
What is Artificial Intelligence (AI) ?Artificial Intelligence (AI) can perform tasks as well as or sometimes even better than people, including those performed by dermatologists, insurance claims adjusters, lawyers, seismic testers in oil fields, financial and sports journalists, crew members of guided-missile destroyers, hiring managers, psychologists, retail salespeople, and border patrol agents.
Additionally, there is growing concern that upcoming technological advancements will eliminate the jobs of millions of people who operate automobiles, analyze medical tests and data, carry out middle management duties, dispense medication, trade stocks and assess markets, engage in combat on battlefields, carry out governmental duties, and even replace those who program software.
Numerous studies have shown that as programmed devices, many of which are smart, autonomous systems, increasingly permeate the workplace, a huge number of employment are at risk.
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4
Select the correct answer.
What is the term for protection that guarantees payment to you in the event of financial loss?
Ο Α.
claim
B.
insurance
C.
premium
Reset
Next
Answers
Determine the amount of tax liability in each of the following instances:
a. A married couple filing jointly with taxable income of $32,991.
b. A married couple filing jointly with taxable income of $192,257.
c. A married couple filing separately, one spouse with taxable income of $43,885 and the other with $56,218.
d. A single person with taxable income of $79,436. A single person with taxable income of $297,784.
e. A head of household with taxable income of $96,592. A qualifying widow with taxable income of $14,019.
f. A married couple filing jointly with taxable income of $11,216.
Answers
The determination of the tax liability in each of the following instances is as follows:
Taxable Filing Tax Tax
Income Status Rate Liability
a. $32,991 Joint 12% $3,958.92
b. $192,257 Joint 24% $46,141.68
c. $43,884 Separate 12% $5,266.08
c. $56,218 Separate 12% $6,746.16
d. $79,436 Single 22% $17,475.92
d. $297,784 Single 35% $104,224.40
e. $96,592 Household 24% $23,182.08
e. $14,019 Widow 12% $1,682.28
f. $11,216 Joint 10% $1,121.60
What is a tax liability?A tax liability is the payment that an individual or couple must pay within the tax year to the government. Generally, tax liabilities arise when the individual earns income or sells an investment. Examples of tax liabilities are income taxes or capital gains taxes.
Thus, the tax liability of each instance depends on the tax rate and the filing status of the individual or couple.
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In your own life, what is important to you to “preserve, protect and/or defend”?
Answers
Answer:Um protect or to defend.
Explanation:
How does earned income, like wages, differ from unearned income, like interest or rental
income? How would you pay taxes on these different types of income?
Answers
Answer:
Your tax liability is based on your overall income, so it's important to understand the different types of income and how the IRS treats them. Earned income and unearned income each include diverse forms of payments and have unique tax implications.
Explanation: Hope this helps <3
Help hep help help help
Answers
Julian prefers abstract concepts to concrete things. Which section of the Myers' Briggs framework would measure this?
Answers
Since Julian prefers abstract concepts to concrete things, a section of the Myers' Briggs framework that would measure this is Sensing or intuition (intuitiveness).
What is Myers-Briggs personality trait?Myers-Briggs personality trait can be defined as a to a type of personality indicator or a self-report inventory that was designed and developed by Isabel Myers and Katherine Briggs, in order to identify the personality type, preferences, and strengths of an individual.
Additionally, the Myers-Briggs Type Indicator classification comprises the following four (4) categories:
Introversion or extraversion.Sensing or intuition (intuitiveness).Thinking or feeling.Judging or perceiving.According to the Myers-Briggs personality trait, Sensing or intuition (intuitiveness) would measure Julian's preference to abstract concepts over concrete things.
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