Question: Do you feel there should always be at least a 24 hour rescind on any contract that exists? Why or why not?

Do you feel there should always be at least a 24 hour rescind on any contract that exists? Why or why not?


Step by Step Solution

★★★★★

3.40 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Yes there should always be at least a 24 hour rescind on any con... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Discuss the following roles of Information Technology in Supply Chain Network: 1. It speeds up the business processes and prevents bottlenecks. 2. Manufacturers and suppliers can collaborate better...

Q:

There should always be at least two components to any reflective writing assignment: analysis and personal reflection that have significant depth and breadth. This document is short guide describing...

Q:

Do you feel there is a meaningful excess number of cases of cleft palate in the area surrounding the nuclear power plant? Explain. Suppose 12 cases of cleft palate are observed, whereas only 7 are...

Q:

Do you feel there should always be at least a 24 hour rescind on any contract that exists? Why or why not?

Q:

Post-mortem of the first phase: 4. How were the new roles defined, communicated, understood? This case presents two phases of a large business transformation project involving the implementation of...

Q:

Post-mortem of the second phase: What were the strong points in the second implementation process what areas needed improvements? This case presents two phases of a large business transformation...

Q:

Goals: 1. Perform use-case analysis techniques to discover and specify the conceptual classes. 2. Use design principles to translate conceptual class design into an appropriate set of abstract and...

Q:

QUESTION 21 The balance of A/P is $100 and will be paid off entirely in May. In May, June, and July payments to suppliers for raw materials are $200, $250, and $300 respectively. The company pays...

Q:

Objectives: To compare the following in Java and C++: -text file I/O -support for data abstraction -class libraries -random number generation -exception handling -string manipulation -command line...

Q:

Please respond to the post below on whether you agree with their view or not and why you feel this way. Must be at least two paragraphs. Some common sense talking points are moving around in our...

Q:

You are an experienced accountant working for a newly formed publicly listed company, Five Star Ltd. Your main focus is aligning company processes and policy with the applicable AASB accounting...

Q:

Master Bhd. makes a range of products with budgeted overhead costs incurred in production departments, A and B and one service department, C for the year ending 31 December 2020. The followings are...

Q:

Question 6 [ 9 Marks ] 6 . 1 Give examples of two factors that impact the technical feasibility of LEC projects. [ 4 ] 6 . 2 State the principles of job design in an LEC environment.

Q:

(a) Record the following transactions in the General Fund General Ledger of Benford Township using the consumption method (periodic inventory system) to account for materials, supplies, and...

Q:

The partnership agreement of Jones, King, and Lane provides for the annual allocation of the business's profit or loss in the following sequence: Jones, the managing partner, receives a bonus equal...

Q:

Refer to the information in Exercise and compute the In exercise A manufactured product has the following information for June. (1) Direct materials price (2) Direct materials quantity variances....

Q:

True or false? a. Sensitivity analysis can be used to identify the variables most crucial to a project's success. b. Sensitivity analysis is used to obtain expected, optimistic, and pessimistic...

Q:

(a) Record the following transactions in the General Fund General Ledger of a school district that uses the purchases method to account for materials, supplies, and prepayments. Record both the...

Q:

An employer is vicariously liable for the acts of its employees even if an employee is acting on his or her behalf and not the employer's when the employee commits a tort. True False

Q:

CASE 1 Ann owns a shop selling prints. She placed an advertisement in the Friday edition of her local paper stating: 'Unique opportunity to own an original Bell print for 500 cash. One only...

Q:

Background: Performance Drinks, LLC is owned by Dave N. Port. Performance Drinks produces a variety of sports centered drinks. They began operations in 1993 shortly after Mr. Port graduated with his...

Q:

Safari File Edit View History Bookmarks Window Help C A bbhosted.cuny.edu Home | Chegg.com Take Test: BTM 110 Online - Spring II - Summer - 2022 Final ... MindTap - Cengage Learning Remaining Time: 1...

Q:

Vendor and Purchaser 2 Tutorial Questions Tutorial 2 Modules 2 Module 2: Inquiries and Affectations Question 1 At what stage must a proposal reach before it can be said to have come into existence?...

Q:

OBLIGATIONS AND CONTRACTS (Arts. 1169-1178, Civil Code of the Philippines) Questions: 1. B and C entered into a contract wherein B would deliver to C 10 cases of softdrinks on March 30, 2022. B...

Q:

Hi, This subject is financial accounting, here is a short essay type question, approximately 5 paragraphs. ''Drawing on private interest theory, what powers do you believe the Australian Accounting...