Answer:C. A mistake of value support the cancellation of a contract.
Explanation:
The law of equity says ' he who comes to equity must come with a clean hand. Although the law requires the enforcement of a valid contract but the precensce of a substantial mathematics mistakes make the contract unenforceable.
It's not a bilateral mistake because it's from one the parties, though not all unilateral mistakes can cancel a contract especially when done with negligence.
The contract been below the price of contract of similar nature is not a valid excuse for non performance after agreement.
Answer:
The correct answers are letters "B" and "D".
Explanation:
The global service system of Theo Chocolate provides a great opportunity for some of its staff to get a <em>deeper insight into how the company's different markets work</em>. Operations in different regions include coping with different cultures which also include talking about different people and consumer patterns. Thus, all this information can be collected by the employees who are sent for one year to work in those regions.
Furthermore, chances of <em>diversification chances may appear in spotting the opportunities</em> of Theo Chocolate in foreign markets. The organization must ensure that the members sent for the exchange experience are well trained to get the most out of the global service program.
Iron triangles have given way to INTER-GOVERNMENTAL LOBBYING over the years.
Iron triangles refer to a mutual relationship between three three groups or organizations such as government agencies, interest groups and legislative committees (law makers). It is a policy making relationship in the United States politics.
Answer:
Greg’s capital gain on the apartment = $590,000
Explanation:
Purchase Cost = $100,000
Improvements = $300,000
Total Initial cost = Purchase Cost + Improvements
Total Initial cost = $100,000 + $300,000
Total Initial cost = $400,000
Depreciation for 20 Years = Depreciation per annum * 20
= $2,500 * 20
= $50,000
Net Book value after 20 Years = Initial cost - Depreciation for 20 Years
= $400,000 - $50,000
= $350,000
Capital Gain = Net Sale - Net Book Value
When Net Sale = Sale Price - Commission
= $1,000,000 - $ 60,000
= $940,000
Hence, Capital Gain = Net Sale - Net Book Value
Capital Gain = $940,000 - $350,000
Capital Gain = $590,000
