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1 year ago

As a general rule, an illegal contract is automatically _______, so neither party may enforce it against the other.

Business

1 answer:

Arisa [49]1 year ago

5 0

As a general rule, an illegal contract is automatically void, so neither party may enforce it against the other.

<h3>What is Illegal contract ?</h3>

A contract is illegal if it involves doing something that is a criminal act or a civil wrong, or against the public good.

An Illegal contract or agreement is a contraction in terms when a contract is a legal obligation, illegal contract is viewed as a contradiction in terms.

An Illegal contract is called a contradiction for the following reasons listed below:

When a contract has a term that is obligatory, it is called a legal contract.

According to the rules of terms, when a contract is not done legally, it is considered an illegal contract. On the common law of a contract or agreement, when a court does not apply or impose in any case or otherwise for a contract, it is seen as illegal.

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A business practice associated with globalization involves business moving manufacturing and service centers to countries where

Law Incorporation [45]

Im so sure but I can help you later just give me a few minutes

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1 year ago

The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA

Molodets [167]

Option D is correct. A CMA is not an appraisal and should not be advertised as one.

<h3>What is a comparative market analysis?</h3>

This is the term that is used to refer to the market analysis that may

be done by the real estate agents.

The goal is to analyze and find out the existing prices in the market by the available listings and previous listings of properties. The reason why the real estate agencies carry out the CMA is to determine the right prices for home sellers to sell their homes.

On the other hand, the purpose is to enable the buyers of these homes to buy the properties at the best possible prices.

Complete question

The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA?

A) The CMA is the same as an appraisal

B) A CMA is an estimate of value and an appraisal is exact value

C) A CMA and an appraisal must both conform to USPAP standards

D) A CMA is not an appraisal - and should not be advertised as one

Read more on market analysis here;brainly.com/question/17246850

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1 year ago

Which of the following taxes is not deductible as an itemized deduction?a. Property tax on second residenceb. Sales tax in a sta

Rudiy27

Answer:

<u>b. Sales tax in a state with no income tax</u>

Explanation:

Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.

Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.

The list of expenses can also be itemized by there are limited to the tax year.

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2 years ago

Which of the following is an example of a market segment?

Hatshy [7]

Answer: The answer is "b. A group of individuals with different product requirements".

Explanation: The definition of a market segment refers to a homogeneous and large group of consumers that can be recognized within a market, who have similar desires, buying habits, and who will react similarly to the power of marketing.

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2 years ago

John is 17 years old and he earned $3,500 in a summer job. His grandparents just gave him a gift of $5,000 to help him learn fin

Lerok [7]

"John is 17 years old and he earned $3,500 in a summer job. His grandparents just ..."John can contribute $3,500 to an IRA. This is further explained below.

Generally, For those looking to save and invest for their retirement, an individual retirement account (IRA) is a kind of savings account that offers favorable tax treatment.

In conclusion, "John, who is just 17, worked all summer and saved $3,500. Just recently, his grandparents..." John has an annual IRA contribution limit of $3,500.