which of the following is the best example of a voidable contract? a. a contract which has an illegal purpose. b. a contract where one of the parties is suffering from dementia. c. a contract which is not in writing. d. a contract where one of the parties is unsure about signing it.

According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.

Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.

Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.

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Answer:

a. The expected utility of the consumer if they were to not purchase insurance is approximately 21.24. b. The optimal insurance premium for full insurance is $0.

(a) To calculate the expected utility of the consumer if they were to not purchase insurance, we need to consider the utility in two scenarios: if the festival is canceled and if the festival is not canceled.

If the festival is canceled (with a 10% chance), the consumer's wealth will decrease by $500, resulting in a total wealth of $100. The utility in this scenario is u(100) = √(100) = 10.

If the festival is not canceled (with a 90% chance), the consumer's wealth remains unchanged at $600. The utility in this scenario is u(600) = √(600) ≈ 24.49.

To calculate the expected utility, we weigh the utilities of the two scenarios by their respective probabilities and sum them up:

Expected utility = (0.1 * 10) + (0.9 * 24.49) ≈ 21.24

Therefore, the expected utility of the consumer if they were to not purchase insurance is approximately 21.24.

(b) The optimal insurance premium for full insurance is the price at which the consumer is indifferent between purchasing insurance and not purchasing insurance. In this case, the consumer's wealth would remain unchanged in both scenarios. Let's denote the premium as P.

If the festival is canceled (with a 10% chance), the consumer would pay P and receive a $500 voucher, resulting in a total wealth of $600 - P.

If the festival is not canceled (with a 90% chance), the consumer would pay P but not receive any additional benefits, resulting in a total wealth of $600 - P.

Setting these two scenarios equal, we have:

$600 - P = $600 - P

Simplifying, we find that the premium P cancels out, and we are left with:

$0 = $0

This means that the consumer is indifferent between purchasing insurance and not purchasing insurance when the premium is equal to zero. Therefore, the optimal insurance premium for full insurance is $0.

(c) TRUE. Given the optimal insurance premium of $0, the consumer would take the insurance. Since the insurance premium does not cost anything, it provides a risk-free benefit of a $500 voucher if the festival is canceled. By taking the insurance, the consumer is protected against the possibility of having to spend an additional $500 to attend another festival.

(d) FALSE. Suppose Bronzevoice decides to keep the same insurance premium as before the restructuring, even though the coverage is reduced to $250. In this case, the attendee would still consider purchasing insurance. While the coverage is reduced, the insurance premium remains the same, and it still provides some protection in the event of cancellation.

(e) To determine the new optimal insurance premium given half insurance coverage, we follow a similar approach as before. Let's denote the premium as P.

If the festival is canceled (with a 10% chance), the consumer would pay P and receive a $250 voucher, resulting in a total wealth of $600 - P.

If the festival is not canceled (with a 90% chance), the consumer would pay P but not receive any additional benefits, resulting in a total wealth of $600 - P.

Setting these two scenarios equal, we have:

$600 - P = $600 - P

Again, the premium P cancels out, and we are left with:

$0 = $0

Similar to the previous case, the consumer would be indifferent between purchasing insurance and not purchasing insurance when the premium is equal to zero. Therefore, the new optimal insurance premium for half insurance coverage is $0.

(f) FALSE. Given the new insurance premium of $0 for half insurance coverage, the attendee would still consider purchasing the insurance. Although the coverage is reduced to $250, the insurance premium is now free, providing a risk-free benefit of a $250 voucher if the festival is canceled.

(g) TRUE. If the probability of cancellation increased to 50%, and the insurance company recalculated its premium, the consumer would not buy insurance. With a higher probability of cancellation, the risk of incurring a loss is higher. If the insurance premium is recalculated based on the increased risk

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Answer:

Case of E Commerce Companies, & their technical processes.

Explanation:

Any company based on E commerce model, uses technology in its various phases of operation.

E Commerce refers to online buying & selling of goods. They use technology for website or app maintainence, for order placing, for payment, for delivery tracking & various other updates. Technology is also used for back end stock & orders management etc.

Many big online shopping companies (eg Amazon) use this model & its technical aspects.

Answer:

Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.

Explanation:

a) Import value: Total value of imports. b) Import value of $3000 USD in 2017: Total worth of imports in that year but does not indicate profitability or demand for a product.

Explanation:

a) Import value refers to the total value of goods or services that are imported into a country from other countries during a specific period of time.

b) If the import value is at $3000 USD in 2017, it implies that the total value of goods or services imported into the country from other countries was $3000 USD during that year. It does not necessarily mean that there was a higher demand or that the product is profitable. The import value is affected by a variety of factors such as exchange rates, tariffs, government policies, and global economic conditions.

To understand whether a product is profitable or if there is a higher demand, it is important to consider other factors such as the price of the product, the level of competition, consumer preferences, and market trends. It is also important to consider the overall trade balance of the country, which takes into account both imports and exports. A positive trade balance, where the value of exports is higher than imports, indicates a profitable market for domestic businesses.

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An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

The feature of this debt that is correctly described by the given information is that it is trading at a premium.The face value of the debt is $1,000, which is the amount that will be paid back to the lender at maturity.

The fact that the market price is $1,020 means that investors are willing to pay more than the face value of the debt to acquire it. This premium is likely due to the fact that the annual interest payment of $55 represents a higher yield than other comparable investments available in the market.The fact that the debt is unsecured and noncallable means that it is not backed by any collateral and cannot be called back by the issuer prior to maturity. These are also important features of the debt, but they are not specifically indicated by the given information.

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this is the edmentum answer and ill put my answer as well

Explanation:

edmentum: Ethical dilemmas are very common in the workplace. The employees of an organization are under pressure to deliver an expected level of performance. They need to perform to meet the organization’s goals without compromising on quality or giving in to temptation, such as opportunities to share confidential company data. When an organization provides training and guidance to its employees, it helps them to make appropriate ethical decisions.

The cultures of organizations vary. Some businesses do not look beyond their own profits, and their leaders often ignore their own standards of ethics. Employees who do not agree to certain practices may hesitate to protest because they don’t want to risk losing their jobs or for management to single them out as untrustworthy.

Ethical dilemmas are common in business processes; for example, when employees manipulate work reports to obtain recognition and appreciation, or when employees fudge financial statements to depict false increases in sales.

Another example of an ethical business dilemma would be an employee finding out that a senior manager is misusing company resources for personal gain. The employee may receive an offer from the manager to share in the unethical gains.

my answer: Ethical business dilemmas are growing more important over the years now that people have realized businesses should be treating their employees as human beings. Applying for a job you should be aware of common ethical dilemmas business faces and how well they handle them.  Some common dilemmas are health and safety, diversity and discrimination policies, employee privacy, unethical pricing, and sadly sexual harassment.

The correct option from the given choices is 260.87 percent. To calculate the annual growth rate of dividends for Wal-Mart Stores (WMT) from 2000 to 2007, we can use the following formula:

Annual Growth Rate = [(Ending Value / Beginning Value)^(1 / Number of Years) - 1] * 100

Using the provided data:

Beginning Value (2000): $0.23

Ending Value (2007): $0.83

Number of Years: 2007 - 2000 = 7

Plugging these values into the formula, we get:

Annual Growth Rate = [(0.83 / 0.23)^(1/7) - 1] * 100

Annual Growth Rate = (3.6087 - 1) * 100

Annual Growth Rate = 2.6087 * 100

Annual Growth Rate ≈ 260.87 percent

Therefore, the annual growth rate of dividends for Wal-Mart Stores (WMT) from 2000 to 2007 is approximately 260.87 percent.

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Answer:

Customers to whom a company wants to sell its products and services

Explanation:

When I decided to set up my own business, I decided to focus on just those customers who wanted just the product I invented.  They are my target customers and I'll focus my advertising on just their needs and interests.  That will be my target market.

Answer:

Reduce speed to 20 mph below posted speed limit.

Explanation:

The Florida Move Over Act is an act that provides drivers with an option on what to do when an authorized emergency vehicle is around. This means that the drivers can continue driving but at different speeds while the emergency vehicle is there.

This Act provides motorists to either move to a nearby lane (if that is possible) or if not, reduce speed to less than 20 mph below the posted speed limit. This will enable the emergency vehicle to pass first and get to its destination sooner.

Thus, the correct answer is the fourth/ last option.

Answer:

private property rights

Explanation:

Private property rights are the rights that means the legal ownership of the resources and how it is used. In various type of countries, the property rights are exercised in order to hold, delegate, rent or sell the property also it is a feature of the capitalism

So as per the given situation the private property rights is the answer

The number of pounds of apples is x= 9-3/2y and the number of pounds of peppers is y = 6-2/3x

An equation with some variables is referred to as a system of equations. To find the values for the variables, two or three equations are solved using the basic procedures of substitution and elimination.

Let us consider the number of pounds of apples as x  and the number of pounds of peppers as y

Apples cost = Pounds of apple*Cost per pound

Peppers cost = Pounds of pepper*Cost per pound

Total amount = Apple cost + Peppers cost

18 = 2x + 3y

The number of pounds of apples:

18-3y = 2x

x = 18-3y/2

x = 9 -3/2y

The number of pounds of peppers:

18 - 2x = 3y

18 - 2x/3 = y

6 - 2/3x = y

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"False", Usually by a formal appointment or election process, a formal leader is someone who has been acknowledged by the organization or group as having the authority to engage in leadership activities.  

If someone engages in leadership activities without being recognized by the organization or group, they would be considered an informal leader.

A formal leader is someone who has been officially recognized and granted authority by the organization or group to engage in leadership activities. They usually hold a specific position or title within the organization that gives them the right to lead and make decisions. The description provided in the question refers to an informal leader, who gains influence within a group without having an official leadership role or title.

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The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.

When I had this question I found the link witch is on the document very helpful.

I hope this helps.

When a company culture is ethically corrupt or amoral, it can have detrimental effects on the behavior of its employees. In such environments, there is often a disregard for "first-order" ethical norms and a preference for "second-order" ethical norms (Option A).

This means that employees may prioritize their own interests and self-dealing over doing what is right for the company and its stakeholders.

Moreover, such cultures tend to encourage a tendency in employees to ignore "what's right" and engage in any behavior they think they can get away with. This can lead to a wide range of unethical behaviors, from lying and cheating to stealing and fraud.

In addition, such cultures often prioritize short-term gains over long-term financial gains. This can be seen in managerial actions that focus on boosting short-term revenues and earnings at the expense of long-term financial health. This short-termism can also exacerbate the ethical issues within the organization, as managers may be willing to engage in unethical behavior to achieve immediate financial goals.

In summary, option A is correct company cultures that spawn an ethically corrupt or amoral work climate can encourage a range of unethical behaviors, including self-dealing, a disregard for "first-order" ethical norms, and a focus on short-term gains over long-term financial health.

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D) Apply Custom Split Rate. When different amounts are needed for each sharing reservation, the option to manually change the rate amount is to apply a custom split rate.

This allows for flexibility in assigning specific rates to each reservation based on individual requirements or circumstances.

Applying a custom split rate means that the rate can be customized or adjusted according to the specific needs of each reservation. This may be necessary when different sharing arrangements have varying pricing structures or when there are specific agreements in place for certain reservations.

By selecting the option to apply a custom split rate, the user can input the desired rate amount for each sharing reservation manually. This ensures that the correct pricing is applied and reflects the specific requirements of the reservation.

Overall, the option to apply a custom split rate provides the flexibility and control needed to accommodate varying rates for each sharing reservation, allowing for more accurate and tailored pricing.

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Answer:

Manufacturers

Explanation:

Because I said

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Answer: B. $694.81, 2 weeks

Explanation:

John's payment will be an amount that is deposited into his account and therefore increases it. It will also have a detail that references it to being a salary such as wages, payroll, salary etc.

Looking at the statement, you will notice that there was a payroll payment of $694.81 on October 14,2018 which would make this John's salary. Two weeks later on October 28,2018, he got another payment which means that he gets paid twice a month and the salary is $694.81.

The payment made to John and its duration would be as follows:

B). $694.81, 2 weeks

As per the account details, the payroll payment dated 14th October 2018 displays an amount of $694.81.

This amount exemplifies his salary as the other transactions demonstrate withdrawals.

On 28th October 2018, he receives another payroll deposit of the same amount i.e. $694.81.

Therefore, it can be concluded that he is paid a sum of $694.81 every two weeks.

Thus, option B is the correct answer.

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The number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.

An outstanding shares refers to the number of a firm's shares that is traded on the secondary market.

Outstanding shares = $100,000,000/$100 per share

Outstanding shares = 1,000,000 shares

In conclusion, the number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.

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The primary objective of growth mutual funds is capital appreciation. These funds are designed to invest in companies or sectors that have the potential for significant growth in value over time.

The focus is on increasing the value of the investment through capital gains rather than generating current income.

While some growth funds may provide a moderate level of current income through dividends or interest payments, the emphasis is on long-term growth rather than immediate income generation. Investors in growth funds typically seek to benefit from the appreciation of the fund's underlying assets, aiming for higher returns over the long run.

The high level of current income is not the primary objective of growth mutual funds, as they prioritize the potential for capital appreciation. It is important for investors to consider their investment goals and risk tolerance when choosing mutual funds to align with their financial objectives.

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Review of ratings & the 80/20 Rule

Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.

Review of Rate

You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.

To view the planned and actual rate increases for your insurance plan, look it up online.

80/20 Rule

According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.

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The members of a Limited Liability Company have unlimited liability for any loss or injury caused by the wrongful acts or omissions of the firm.

A limited liability company (LLC) is a type of corporate entity that shields owners from being held accountable for the debts and losses of the company. Liability is taken on by the company rather than the partners or shareholders that make up the firm in the case of a lawsuit or business collapse.

In conclusion, an LLC is a type of business organization that combines limited liability with the pass-through taxation of a corporation with a partnership or sole proprietorship. According to state law, an LLC is not a corporation; rather, it is a type of firm that offers its owners limited liability in many jurisdictions.

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Answer:

increase income or decrease total expenses

Explanation:

Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.

There are insufficient funds in an over budget. To address the insufficient funds issue, more resources must be obtained, or the expenses must be reduced.

The present value would be $21070.31.  Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.

Given that,

semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.

It means, payment is made semi annually  that is two times (twice) in a year.

Payment made =  $2527.

Interest rate =6.1%

Hence, compounded semi annually  = 0.061

Time duration = 6 years = 6 × 2 = 12 (two times)

Using Formula: P = A * i / 1 - (1 + i)-t

Therefore,

Where,

A = amount to pay

P = payment made

t = time duration

i =  interest rate

By placing given values in the formula, we obtain,

A=21070.306476

Hence, the present value is $21070.31

Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.

Semi-annual dates mean June 30th and December 31st of each year.

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Answer:D

Explanation:

edge

Answer:

B

Explanation:

On Edge

Answer:

B

Explanation:

no one cares about cheating