Answer:
The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.
In order for a contract to be considered valid and binding, consideration must exist and the more precise the terms, the better. Consideration is something of value that both parties exchange. In this case it is a house vs. money, but the price is not specified.
Answer:
There are six major components of tourism, each with their own sub-components. These are: tourist boards, travel services, accommodation services, conferences and events, attractions and tourism services. Below, I will explain what each of the components offer to the tourism industry and provide some relevant examples.
Explanation:
Answer:
It is the Cost of Goods Manufactured that should be transferred to the Finished Goods account. As both of them are asset account, adding to the Finished Goods account would debit it and taking from the Work in Process account would credit it.
Date Account Title Debit Credit
XX-XX-XXX Finished Goods $1,469,000
Work in Process $1,469,000
Answer:
Following are the response to the given question:
Explanation:
For question 1:
The weighted average of each return is the expected return.
For question 2:
Standard deviation is a measured source of the square deviations from the mean via probability.
![Std \ dev = [0.1 \times (0.183-(-0.22))^2 + 0.2 \times (0.183-(-0.12))^2 + 0.3\times(0.183-0.17)^2 + 0.2\times (0.183-0.33)^2 + 0.2\times (0.183-0.56)^2]^{(\frac{1}{2})}\\\\](https://tex.z-dn.net/?f=Std%20%5C%20dev%20%3D%20%5B0.1%20%5Ctimes%20%280.183-%28-0.22%29%29%5E2%20%2B%200.2%20%5Ctimes%20%280.183-%28-0.12%29%29%5E2%20%2B%200.3%5Ctimes%280.183-0.17%29%5E2%20%2B%200.2%5Ctimes%20%280.183-0.33%29%5E2%20%2B%200.2%5Ctimes%20%280.183-0.56%29%5E2%5D%5E%7B%28%5Cfrac%7B1%7D%7B2%7D%29%7D%5C%5C%5C%5C)
For question 3:
For point a:
For point b:
As per the CAPM: 
In Option I:
When the beta of the stock exceeds 1.0, the change in the required rate of return must be higher than the increase in the premium of market risk. Beta is the degree to which stock return changes as market returns change.
