Tony's Carpets wants to charge $9.80 a yard for installing a carpet for Serenity Bookstore but accidentally states $8.90 a yard in the bid. Serenity Bookstore accepts Tony's bid. Tony's carpets made a ___ mistake.a. bilateral
b. unilateral
c. mutual
d. rescission
e. fraudulent

Answers

Answer 1

Answer:

Answer:

The correct answer is (B)

Explanation:

The unilateral mistake can incorporate various parts of the agreement including explicit laws, facts, or term definitions. Going into a legitimate agreement necessitates that the two gatherings completely comprehend the terms and duties of the agreement. A case of a unilateral failure happens when one of the gatherings does not understand every aspect of the agreement. Unilateral failures will in general be more typical than bilateral when managing contracts.

Related Questions

The Cost of Quality, COQ, is the difference in the cost of prevention and the cost of failure. If a quality program costs $10,000 to plan and $50,000 to administer, what is the COQ of the program reduces waste by $30,000 and returns of bad products by $40,000
On April 1, Alliance Company purchased $50,000 of Tetter Company's 12% bonds at 100 plus accrued interest of $2,000. On June 30, Alliance received its first semiannual interest. On February 1, Alliance sold $40,000 of the bonds at 103 plus accrued interest. The journal entry Alliance will record on April 1 for the purchase of the bonds will include a:____________.1. debit for Cash of $50,0002. debit to Investments—Tetter Company Bonds for $52,0003. debit to Investments—Tetter Company Bonds for $50,000
How can the Richards bay minerals improve on high crime rate
On March 1, a firm paid $1,800,000 cash to purchase land on which to construct a new facility. Construction began the same day. Total expenditures incurred for construction were as follows: The new facility was finished and ready for use on July 1. To finance the building construction, the firm borrowed $2,400,000 on March 1 on a 9%, 3-year note payable. Other than the construction note, the firm’s only other outstanding debt during the year was a $1 million, 12%, 6-year note payable dated January 1. If the weighted-average accumulated expenditures for the construction project were $2,900,000, then what amount of interest cost should the firm capitalize for the year?
After John worked at a job for 10 years, his salary doubled. If he started at $x, his salary after 10 years is _____.$x $x + 2 $x - 2 $2x

Strong corporations that expand to the extent that they greatly reduce competition are called:partnerships
big 4
monopolies
stock companies

Answers

the answer is monopolies

Answer:

C. Monopolies

Explanation:

This is because the businesses either buy out other companies similar to their product or become so big that the smaller companies can no longer profit on their product resulting in 1 or few big businesses controlling a certain product

The law of demand states that:a. A decrease in supply of a good will lead to a decrease in demand for that good.
b. An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.
c. An increase in supply of a good will lead to a decrease in demand for that good.
d. An increase in income will lead to a decrease in demand, and a decrease in income will lead to an increase in demand.

Answers

The answer is B. An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.

Final answer:

The Law of Demand dictates that there is an inverse relationship between the price of a good or service and consumer demand. As price increases, demand typically decreases and vice versa.

Explanation:

The Law of Demand is a principle in economics that states that as the price of a good or service increases, the quantity demanded decreases, assuming all else is equal. Conversely, as the price of a good or service decreases, the quantity demanded increases. Therefore, the correct response to your question would be option B: 'An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.'

As an example, if the price of a candy bar increases significantly, customers might choose to purchase fewer candy bars or possibly buy other types of candy instead. Conversely, if the price decreased, customers were likely to buy more candy bars, all else being equal.

Learn more about the Law of Demand here:

brainly.com/question/31603372

#SPJ6

Suggest one project that Bricks Construction could implement to address EACH key problems which are Unemployment, Lack of Housing and poor/inadequate education and training

Answers

1)Unemployment-employ workers in their projects 2)Lack of housing -Building Houses for the local citizens 3)poor education and training-Build schools and train local citizens in the building field.

The industries which provide support services to other industries are known as(a) Primary industries
(b) Secondary industries
(c) Commercial industries
(d) Tertiary industries

Answers

Answer:

It's known as Tertiary industries

Banks operating on the basis of ___ ___ are vulnerable to panics or runs

Answers

Banks operating on the basis of fractional reserve banking are vulnerable to panics or runs. Fractional reserve banking refers to the practice of banks holding only a fraction of their deposits as reserves and lending out the rest.

This system allows banks to make profits by charging interest on loans, but it also means that banks have a limited amount of cash available to meet the demands of depositors who wish to withdraw their funds.

In the event of a panic or run on the bank, where many depositors try to withdraw their funds at once, the bank may not have enough reserves to meet these demands and may be forced to close.

To know more about Fractional reserve ,refer to the link:

brainly.com/question/31551719#

#SPJ11

There were several reasons why the South was especially suited to produce cotton on a large scale. According to the course materials, which of the following was the most important factor?

Answers

Answer:

The institution of slavery.

Explanation:

Slavery was not needed in the north because due to cold weather poor soil the Northerners depended on trade and manufacturing but in south the soil was fertile and plantation system was rampant so slave labour was utilised on tobacco and cotton farms.

Some of the large plantations had more than 200 slaves and there were laws that barred the slaves for earning their freedom, receiving education and freedom.

The planters depended on the slave labour because indentured labour became expensive, they tried to use the Natives American but they didn't had immunity to the European diseases hence perished in large numbers. while the African slaves had immunity against such diseases.

Other Questions

When selecting a career you should consider all of the following, EXCEPT: a. what others think b. your skills and interests c. desired lifestyle d. how much education is required

Whether an item is large enough to likely influence the decision of an investor or creditor. (b) Constraint that weighs the cost that companies will incur to provide the information against the benefit that financial statement users will gain from having the information available. (c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer. (d) Information that is complete, neutral, and free from error. (e) The primary accounting standard-setting body in the United States.

rental apartments and private homes are examples of what? complementary goods, alternativebgoods, neutral goods, simultaneous goods

As a gift from your parents, you just received $50,000 for your education. You can earn an annual rate of 8% on your investments. How much can you withdraw each year (end of year) for the next 4 years just using up the $50,000?