Guido and Hal want to rescind their contract under which Guido sold Hal a mountain bike for $100. To rescind the contract Select one:
a. Guido must return the $100 and Hal must return the bike.
b. Guido must return the $100 only.
c. Hal must return the bike only.
d. the parties can keep the "benefits" of their bargain.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Guido and Hal want to rescind their contract under which Guido sold Hal a mountain bike for $100. To rescind the contract Select one: a. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Organizations may apply trait theory by a. considering the relationships among employees b. using management development programs c. hiring only from top-ranked business schools d. doing a job audit e. empowering the HR department
Answers (1)
Webster and Moore paid $148,000, in cash, for equipment three years ago. At the beginning of last year, the company spent $21,000 to update the equipment with the latest technology.
Answers (1)
The risk-free rate of return is 5.5%, the expected rate of return on the market portfolio is 13%, and the stock of Xyrong Corporation has a beta coefficient of 2.9.
Answers (1)
Adjusting entries: Multiple Choice Adjust the balance of revenue and expense accounts to zero. Often include the Cash account. Usually are recorded at the beginning of the accounting period.
Answers (1)
Mistletoe Corporation has a detailed set of organizational goals and management information system that delivers timely and accurate information.
Answers (1)
New Questions in Business
Look at the thesaurus entry that follows this sentence. which word is the best replacement for the word "expensive"? the new insurance plan was expensive - far beyond karl's ability to pay.
Answers (1)
The best way for a franchisee and franchisor to evaluate each other is for the potential franchisee to go to a sales presentation. for the potential franchisee to spend time working in a franchise location.
Answers (2)
Suppose that the nominal rate of interest is 7% and the expected inflation rate is 3% then the real rate of interest is equal to:
Answers (1)
There are plenty of products and services on the market that customers can choose from. however, customers select the business in which they purchase products based on the perceived value of the business and product.
Answers (1)
A married couple abandoned their principal residence in May. They had purchased the house five years ago for $350,000. The house had a current fair market value of $300,000.
Answers (1)