Mentally infirmed Sasha contracts to purchase a piano for $2,500 in 60 monthly installment payments. Six months later she tries to void the contract on grounds of mental impairment. A court will
a. normally void the contract without requiring anything further on Sasha's part.
b. normally void the contract but will require Sasha to return the piano.
c. ordinarily not void the contract unless Sasha had a court-appointed guardian at the time she entered into the contract.
d. not void the contract unless Sasha agrees to have the court appoint a guardian for her.
b
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Small changes in consumer demand can lead to considerable shifts in business product demand and are referred to as the ________.
A. degree of affiliation B. transverse effect C. acceleration effect D. transactional effect E. multi-attribute model
When a court acts on its own initiative it is said to be acting:
a. de novo b. amicus curiae c. ex parte d. sua sponte
The National Labor Relations Board (NLRB) will not set up bargaining units based on
A. wages. B. training. C. job duties. D. age of employees.
Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation
Accounts Receivable $4,000 Accounts Payable 7,000 Salaries Expense 5,000 Repairs Expense 500 Truck 8,000 Equipment 8,000 Notes Payable 8,100 Cash 7,300 Supplies Expense 1,500 Service Revenue 31,000 Gasoline Expense 3,900 Salaries Payable 100 What is the amount of total assets at the end of the year? A) $12,000 B) $27,300 C) $16,000 D) $23,300