A contract without the element of consideration is void. Though it is necessary it: A. Must be adequate. B. Needs not be sufficient. C. Needs not be adequate. D. Must be adequate though not sufficient.
Answers
A contract without the element of consideration is void. Though it is necessary it must be adequate. Here option A is the correct answer.
Consideration refers to the exchange of things of value between the contracting parties, making a contract legally binding and enforceable. The exchange of things of value can take various forms, including a promise to do something or refrain from doing something, money, goods, or services.
A contract is a legally binding agreement between two or more parties, outlining their obligations and responsibilities to one another. The exchange of consideration is a fundamental element of all contracts. Consideration serves as an incentive for the parties to enter into a contract, as it provides a mutual benefit that each party hopes to obtain.
Consideration is essential in contracts because it serves as evidence of mutual agreement between the parties, which is a necessary element for a contract to be legally binding. Therefore option A is the correct answer.
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Related Questions
Why is the automobile industry considered an oligopoly?
It offers little differentiation within the market.
It has significant barriers to entry.
It is controlled by companies that patent key technology.
It relies on price variation to attract customers.
It depends on brand loyalty and image to generate sales.
It is dominated by a few key players.
Answers
The reasons that the automobile industry is an oligopoly in market economics are because of B. It has significant barriers to entry and F. It is dominated by a few key players.
An oligopoly is a market condition where the possibility of firms colluding with each other exists.Firms in this market are interdependent, especially with regards to pricing.
Oligopolistic firms differentiate their products, and they have few producers.There are barriers to entry.
Thus, an oligopoly limits entries to a few key players who dominate the market.
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Answer:
B: It has significant barriers to entry.
E: It depends on brand loyalty and image to generate sales.
F: It is dominated by a few key players.
Kim has worked in the tech industry for some time and would like to start consulting. in opening her new business, she will need equipment. she needs to purchase 3 laptops, 2 desktop computers, and a fax machine. each laptop costs $546.78, each desktop computer costs $1,255.99, and the cost of the fax machine is $125.99. she currently has $3,500 in her savings account. determine if kim has enough in her savings account to cover the expenses of her new company, and if she doesn't have enough, determine the amount needed to cover the cost.
Answers
After expenses, Kim will need an additional $778.31 to cover the cost and start her new company.
What is an expense?An expense is the cost of operations incurred by a business in order to generate revenue.
It is given in the question that Kim needs to purchase 3 laptops, 2 desktop computers, and a fax machine.
Cost of 1 laptop = $546.78
∴ Cost of 3 laptops = 3×546.78 = $1,640.34
Cost of 1 desktop = $1,255.99
∴ Cost of 2 desktop =2×1,255.99 = $2,511.98
Cost of 1 fax machine = $125.99.
The total cost for Kim =$( 1,640.34+2,511.98+125.99) = $4278.31
As, Kim has $3,500 in her savings account.
The additional amount needed to start business:
$4278.31-$3,500 = $778.31
Therefore, after expenses, Kim will need an additional $778.31 to start her new company.
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what would be the ramifications to us taxpayers, tax professionals and the us government if the tax rates for individuals were also set at a flat percentage?
Answers
Lack of wealth redistribution, the increased burden on middle-class and lower-income people, and tax rate conflicts with neighboring nations are some disadvantages of a flat tax rate system.
The ratio at which a firm or individual is taxed is known as the tax rate in a tax system. Statutory, average, marginal, and effective tax rates are just a few of the ways that can be displayed. These rates can also be displayed using the inclusive and exclusive definitions of a tax base. The tax rate on income that is set at a higher rate for incomes above a specified higher bracket, which in the United States in 2016 was $415,050, is known as a marginal tax rate. The marginal tax rate in 2016 was 39.6% for yearly income that was above the threshold for that higher bracket. The reduced tax rate applied to income that was $415,050 or less or 35%.
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Joseph is trying to select a new couch for his living room. As he looks at each couch at the furniture store, he tries to visualize how it would look in his living room at home. Joseph is using _____ to help him determine which couch to buy
Answers
Joseph is using visualization to help him determine which couch to buy.
Joseph's process of visualization plays a crucial role in helping him determine which couch to buy for his living room. As he explores each couch at the furniture store, he actively engages his imagination to envision how it would look in his own living room. This mental exercise allows him to mentally place the couch within the context of his home environment, considering factors such as size, color, style, and how it complements his existing decor.
By visualizing the couch in his living room, Joseph can gauge whether it will harmonize with the overall aesthetic and layout of the space. He considers how the couch will fit in terms of dimensions, ensuring it neither overwhelms nor gets lost in the room. Joseph takes into account the color scheme, contemplating whether the couch will be a complementary or contrasting element within the existing palette.
Furthermore, visualization enables Joseph to assess the functionality and practicality of each couch. He imagines himself and his family members sitting, lounging, or entertaining on the couch, considering aspects like comfort, seating capacity, and usability. Joseph also envisions the placement of the couch, mentally arranging and rearranging furniture in his living room to find the optimal configuration.
Through this visualization process, Joseph is able to mentally project and assess the potential outcome of each couch in his living room. This aids him in making an informed decision based on his preferences, lifestyle, and the specific needs of his living space. By relying on his imaginative faculties, Joseph ensures that the chosen couch not only meets his aesthetic preferences but also seamlessly integrates into his living room, creating a cohesive and visually appealing environment.
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Corinth's labor supply grew by 1.4% and land stock grew by 1% from 425 BCE to 424 BCE. Landowners received 50% of income. If total factor productivity grew by 0.3% find the growth rate of aggregate output.
Answers
Answer:
1.51%
Explanation:
Recall that:
Total Output = \(A\times K^a \times ^{1-a}\)
here;
A = total productivity factor
K = capital input
L = labor input
SInce Landowners gets 50% of income; then a = 0.50
\(= A\times K^ {0.50} \times ^{1-0.50}\)
Output at 424BBC
\(= 1.003A \times (1.014K)^{0.5}(1.01L)^{0.5}\)
\(= 1.003 \times (1.007)(1.005)AK^{0.5}L^{0.5}\)
\(=1.0151AK^{0.5}L^{0.5}\)
Thus, the growth rate from 425 BCE to 424 BCE :
= 1.0151 - 1
= 0.0151
= 1.51%
when is the latest date by which a licensee can expect the division to issue required disciplinary actions if the violation occurred in 2018?
Answers
The licensee consult with the specific licensing board or a qualified legal professional to determine the applicable statutes of limitations and the expected timeline for disciplinary actions related to a violation that occurred in 2018.
A violation is a breach or infringement of a law, rule, regulation, or policy. It refers to the act of failing to comply with a prescribed standard of conduct or behavior. Violations can occur in various contexts, such as in the workplace, on the road, in a sports game, or in a social setting.
Violations can range from minor to severe and can have consequences such as fines, penalties, legal action, or disciplinary action. They can also cause harm to individuals, organizations, or society as a whole. Examples of violations include speeding, stealing, cheating, harassment, discrimination, and environmental pollution. To prevent violations, it is important to educate people about the rules and consequences of non-compliance, provide clear guidelines and expectations, enforce consequences consistently and fairly, and encourage a culture of ethical behavior.
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4. Which of the following statements is true about debits?
a) Debits show an increase in what a company owns or a decrease in what it owes.
b) A debit to an asset account shows a decrease.
c) A debit to a liability account shows an increase.
d) Debits show a decrease in what a company owns or an increase in what it owes.
Answers
Answer:
I believe the answer is d
Blogs are used for all of the following except
O professional development
O editing corporate documents
O sharing news
O promotions
Answers
Answer:
B - editing corporate documents
Answer:
I thing promotions
Explanation:
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The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
which items are examples of components likely found in tables? Check all that apply. Header row, banded row, header colums, total row, header row drop-down arrow, total row drop-down arrow.
Answers
header row, banded rows, total row, drop-down arrow for header row, and drop-down arrow for total row.
What does the Insert table dialog box do?Use the Table Assistant or this dialog box to create a straightforward table. Select Insert > Standard > Table or drag the standard Table object from the Standard category of the Object Library palette into the Layout Editor to display this dialog box.
How do you locate the formatting rule dialog box?In a report with a range, table, or PivotTable, choose one or more cells. Click Manage Rules after clicking the arrow next to Conditional Formatting in the Styles group of the Home tab. The dialog box for the Conditional Formatting Rules Manager appears.
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Why is a dress code important for demonstrating professionalism?
A. Many in tech fields refuse to wear suits or professional clothing.
B. Many become defensive when they feel you're over-dressed.
C. Most will make snap judgments based on first impressions.
D. Many feel that those who dress poorly are too particular.
Answers
Answer:
C.
Explanation:
Most will make snap judgments based on first impressions.
(If you go to work in a crop top or in a speedo, then people will judge you).
Answer:
C. Most will make snap judgments based on first impressions.
Explanation:
Explain Jodi's self esteem throughout Tall Girl? Movie
Answers
Answer:
Poor
Explanation:
Jodi is very self-concious about her height. She thinks that it makes her different than other "normal" people among her peers, or even inferior to more feminine, smaller girls.
Answer:
Explanation:
'Tall Girl' Review: A Ridiculous Take on the Teenage Self-Love Narrative ... This week, we gave our group of interns a challenge: pick a movie from ... narrates Jodi (Ava Michelle) as she towers over a high school hallway in Tall Girl. ... Pain is relative, but Tall Girl treats Jodi's height as if it were the end-all,
what method of transportation accounts for the majority of finished goods finding their way to consumers?
Answers
The method of transportation that accounts for the majority of finished goods finding their way to consumers is truck transportation or road transportation.
Trucks are a commonly used mode of transportation for delivering finished goods to consumers. They offer flexibility, accessibility to various locations, and the ability to transport goods directly to the desired destination. Truck transportation is particularly suitable for short to medium distances and is extensively utilized for last-mile deliveries, where goods are transported from distribution centers or warehouses to individual customers.
Trucks are well-suited for transporting a wide range of goods, including consumer products, groceries, electronics, furniture, and more. Their extensive road network coverage and the ability to navigate through urban areas make them a preferred choice for many businesses and logistics providers.
While other modes of transportation, such as rail, air, and maritime, also play significant roles in transporting goods, truck transportation remains the dominant method for delivering finished goods to consumers due to its convenience, flexibility, and ability to reach final destinations efficiently.
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What changed entry would make this income statement accurate? A. (2,200) B. Switch Operating and Non-Operating C. 4,500 D. 4,600
Answers
OIption C 4500 will make the income statement accurate
What is an income statemnet?An income statement, also known as a profit and loss statement (P&L statement), is a financial statement that provides a summary of a company's revenues, expenses, gains, and losses over a specific period. It provides a snapshot of a company's financial performance and its ability to generate profits during a given timeframe, typically a quarter or a year.
The income statement consists of several key components:
Revenue: This section lists the total amount of money generated from the sale of goods or services, often categorized by different revenue streams.
Cost of Goods Sold (COGS): This includes the direct costs associated with producing or delivering the goods or services sold. It typically includes costs like raw materials, labor, and manufacturing expenses.
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Study the entries in lupe’s records in the closereader. for which entry was the amount recorded in the wrong column? the purchase at gio’s pizza the 11/15 paycheck the 11/30 paycheck the purchase at lola’s books
Answers
After reviewing Lupe's records in the CloseReader, it appears that the amount recorded in the wrong column was for the purchase at Lola's books.
The entry for the purchase at Lola's books shows the amount of $38.50 recorded under the "income" column instead of the "expenses" column. This mistake likely occurred because Lupe may have accidentally switched the two columns when recording the transaction. It's important to double-check entries when recording financial transactions to ensure accuracy and avoid errors.
In this case, correcting the mistake will require adjusting the entry to move the $38.50 from the income column to the expenses column. This will help ensure that Lupe's records accurately reflect her financial situation and make it easier to track her spending and income.
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Planning for the Future investors' target rate 10. (Cost of Equity Capital) Use the following information to estimate the VentureBanc investors'tar of return: RETURN COMPONENT RATE COMPONENT 5% Liquidity premium Risk-free rate Advisory premium Market risk premium Hubris projection premium 6% 99 7.5% 15% A. VentureBanc uses a systematic risk measure of 2.0. Based on the information shown estimate VentureBanc's investment risk premium. Then estimate the cost of equity capital for VentureBanc. B. Determine the rate components and their returns that a venture investor like VentureBanc would require to be covered beyond a traditional cost-of-equity estimate. C. What overall venture investment discount rate would be used by VentureBanc? 11. [Weighted Average Cost of Capital] Kareem Construction Company has the following amounts of interest-bearing debt and common equity capital: FINANCING DOLLAR INTEREST COST OF SOURCE AMOUNT RATE CAPITAL Short-term loan S200,000 12% Long-term loan S200,00D 14% Equity capital $600,000 22% Kareem Construction is in the 30 percent average tax bracket. A. Calculate the after-tax WACC for Kareem. B. Show how Kareem's WACC would change if the tax rate dropped to 25 percent and the estimated cost of equity capital were based on a risk-free rate of 7 percent, a market risk premium of 8 percent, and a systematic risk measure or beta of 2.0. 12. (CAPM Estimate of Cost of Equity Capital] Voice River, Inc., has successfully moved through its early life cycle stages and now is well into its rapid-growth stage. However, by traditional standards this provider of media-on-demand services is still considered to be a relatively small venture. The interest rate on long- term U.S. government securities is currently 7 percent. Voice River's management has observed that, over the long run, the average annual rate of return on small-firm stocks has been 17.3 percent, while the annual returns on long-term U.S. government securities has averaged 5.7 percent. Management views Voice River as being an average small-company venture at its current life cycle stage. A. Determine the historical average annual market risk premium for small-firm common stocks. B. Use the CAPM to estimate the cost of common equity capital for Voice River. 13. [Weighted Average Cost of Capital] Voice River, Inc., is interested in estimating its WACC now that it is in its rapid-growth stage. Voice River has a $500,000, 10 percent interest, short-term bank loan; a $1.5 million, 12 percent interest, long-term debt issue; and $42 million in common equity. The venture is in the 35 percent income tax bracket. A. Determine the after-tax costs of the bank loan and the long-term debt issue. B. Calculate the WACC for Voice River, Inc., using the cost of common equity capital estimated in Problem 12. 14. [Weighted Average Cost of Capital] Refer to Problem 13 for Voice River, Inc. A. Estimate the WACC if the cost of common equity capital is 20 percent. B. Estimate the WACC if the cost of common equity capital is at the representative target rate or 25 percent for typical ventures in their late rapid-growth life cycle stage.
Answers
The offered problem set requires computing several financial indicators for various initiatives, such as the cost of equity capital, weighted average cost of capital, and market risk premium.
The problem set necessitates the application of financial concepts and formulas in order to estimate the cost of capital and weighted average cost of capital for various businesses. This entails assessing the cost of equity capital using the Capital Asset Pricing Model (CAPM) and calculating the after-tax cost of various kinds of financing, such as short-term and long-term debt.
To arrive at correct estimations, the issue set additionally includes parameters such as the risk-free rate, market risk premium, and systematic risk measure (beta). To arrive at the proper answers, the issues necessitate a thorough comprehension of financial concepts and formulas.
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How much interest would a person pay to borrow $700 for 9 months at 10 percent?
Answers
The principal is Rs 10,000, the interest rate is 10%, and the loan term is six years. The simple interest can be calculated as follows: A = 10,000 (1+0.1*6) = Rs. 16,000. Interest is 16000 divided by 10,000, or Rs. 6,000.
What is interest rate?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.
The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.
An index of the preference for a dollar of present over a dollar of future has been used to describe the interest rate.
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write the Express of following numbers. Three times x is 11 and 36
Answers
Answer:
3x + 11 = 32
Explanation:
In this case, expressing means creating an equation that describes
the sum of three times x and 11 is 32.
'Sum' refers to the total while 'is' refers to equals to.
therefore, the total of 3x and 11 = 32
i.e., 3x + 11 = 32
Free competition
What type of economy it is
Answers
Answer:
Mixed Economy = USA
Explanation:
Naomi is an entrepreneur of skin care products specializing in face mask. She just started the business and plans to sell only withing her city. If you are Naomi, which pricing strategy do you think would best fit for the product and what distribution channel would you choose?
Answers
The valued pricing strategy is the best pricing strategy and the Direct selling is the best distribution channel for the skin care products.
What is a pricing strategy?It refers to the method that is used to establish the best price for a product or service.
The valued pricing strategy will help her fix the best price that is proportionate to the value of the Skin care product while the direct selling will connect her directly to her client.
Therefore, the word "valued pricing strategy" and "direct selling" is correct.
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Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answers
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
Which investment security has the least risk associated?
A) Mutual Funds
B) Stocks
C) Bonds
Answers
Answer:
I think it's Mutual Funds?
Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?
Answers
Helen's minimum balance during the quarter was $613.
What is Minimum Balance in Account?According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.
Plugging in the values, we get:
A = 783(1 + 0.027/4)^(4*(3/12))
A ≈ $791.13
So the balance at the end of the quarter, before the deposit, was about $791.13.
Next, we need to figure out the impact of the withdrawal and deposit:
August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.
September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.
We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.
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You follow the suggestion of your cousin on which computer to buy. What category of influence is this?
50 Points/Please give a real answer only else will have to report the account.
Thank you.
Answers
The reasoning is because the suggestion was a form of advice that you were taking, and that form of adobe would fall under the advisory influence category.
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what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
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If you focus on the present now, instead of focusing on your future concerns, you will be able to __________.
a. Gain more enjoyment from your leisure time
b. Avoid doing more work than necessary
c. Create a feeling of control in your life
d. All of the above
Answers
In the case when we focus on the present so rather than focusing it we have to gain, avoid excess work, and control the feeling of control.
Importance of focus on the present:If we focus on the present rather than thinking of the future so automatically the present, as well as the future, will get better.
Due to this, we will be able to do the enjoyment arising from the leisure time, avoiding excess work, and developed a feeling for control in the life.
Hence, the option d is correct.
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venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answers
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
Define the word inquisitive in entrepreneurship form .
Answers
Answer:
Inquisitive, according to the Merriam-Webster Dictionary, means “tending to ask questions: having a desire to know or learn more.” The word is derived from the Latin root inquirere, later becoming inquire, which means to “seek information by questioning.” To be inquisitive is to be curious and hungry for knowledge
Explanation:
1. inclined to ask many questions or seek information; eager to learn. 2. asking more questions than is necessary or proper; prying. SIMILAR WORDS: ˈcurious.
A job search should be treated like a full time job.
True or False
Answers
Answer:True in some cases
Explanation:
True.. it could be easy to prevent frequent turnover of employees and a pleasant job satisfaction
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Which of the following is the best question to ask yourself about your job
A) How can I make more money?
B) How can I make myself more useful to my employer?
C) How can I take advantage of this job?
OD) How can I impress my boss?
Answers
Answer:
B
Explanation:
Because u should work hard instead
Answer: I think that B. How can I make myself more useful to my employer? is the best option
Explanation: This is because that is the person who gave you a job so you must be nice in return in this time of need for others.