Answer: c. can be voided based upon fraud in the inducement .
Explanation:
Brad knew exactly what kind of stone it was that Andrew had and yet proceeded to lie about it in order to induce a sale at a much lower price than the actual worth of the jewel .
The contract is therefore voidable because the Brad committed fraud by lying and obtaining the diamond at $50 under false pretenses. Andrew should therefore drag him to the Courts of law to face justice.
Answer:
No answer is correct.
If we use the values set by the IRS for 2019, the total travel costs deduction = $290.58.
If we use the 2018 value, the total travel costs deduction = $273.05
Explanation:
The new mileage reduction set by the IRS for 2019 is 58 cents (up from 54.5 cents) per mile. Since Jermaine had to travel 3 times during the year and drove for 167 miles, his total deduction should be:
- total travel costs deduction = 3 x 167 x $0.58 = $290.58
If we use the 2018 deduction rates, Jermaine's total travel deduction will be:
- total travel costs deduction = 3 x 167 x $0.545 = $273.05
The approximate tip for a bill of $81.79 would be $12.30 when the tip is 15% of the bill amount.
<h3>How to calculate tip amount?</h3>
Tip is the extra amount paid over a bill for the services provided by the staff. The tip when calculated as a percentage over the bill, the percentage rate is to be multiplied by the bill amount.
Given:
The amount of tip will be calculated by calculating 15% of the bill amount.
The approximate value of tip will be $12.30.
Therefore, option c is correct.
Learn more about the topic here:
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Answer:
c
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Percentage change in price = (1.8 - 2) / 2 = -0.10
2.5 = percentage change in quantity demanded / -0.10
percentage change in quantity demanded = 0.10 x 2.5 = 0.25 = 25%
Because there was a decrease in price, demand would increase by 25%
Answer:
True is the correct answer.
Explanation: