A broker arrives to present a purchase offer to a disabled woman and finds her son and his wife also present. In the presence of the broker, both individuals persistently urge the woman to accept the offer, even though it is much lower than the price she has been asking for her home. If the woman accepts the offer, she may later claim that

Answers

Answer 1

Answer:

she was under undue influence from her son and daughter in law and therefore the contract is voidable

Explanation:

Since in the question it is mentioned that the broker made a purchase offer to a disabled woman also his wife and her son are present. The price is very much lower and in the case when the women accept the offer and later she said due to pressure she accepted the offer.

As she is a disabled person and the people who are disabled, blind, are not capable to enter into a contract

Therefore the contract is voidable


Related Questions

Alto Company issued 7% preferred stock with a $100 par value. This means that: Multiple Choice Only 7% of the total paid-in capital can be preferred stock. Preferred shareholders are entitled to 7% of the annual income. The amount of the potential dividend is $7 per year per preferred share. Preferred shareholders have a guaranteed dividend. The market price per share will approximate $100 per share.

Answers

Answer:

The amount of the potential dividend is $7 per year per preferred share.  [$100 x 7%] = $7

Explanation:

The preferred stockholder will receive $ 7 per share held each year provided there are sufficient net income to distribute those dividend.

Suppose that the market for candy canes operates under conditions of perfect competition, that it is initially in long-run equilibrium, and that the price of each candy cane is $0.20. Now suppose that the price of sugar falls, decreasing the marginal and average total costs of producing candy canes by $0.15. Based on the information given, we can conclude that in the short run a typical producer of candy canes will be making:

Answers

Answer:

Positive economic profit

Explanation: In the economic profit, we have to consider the revenue earned and the cost of production including the opportunity cost. In the scenario above, the economic profit is positive, because, the average and marginal cost falls by $0.15 at a time when the sales price of the product is $0.20. The economic profit here is positive, due to the further reduction in the marginal and average price of an important material in the production process. In this scenario, due to positive economic profit, the New firms are attracted to the market.

A woman bought acreage but never saw it and did not use it; although, she regularly paid the real estate taxes on it. Without her knowledge, a man moved his mobile home onto the property, drilled a well for water, and lived there for many years. The man may have become the owner of the acreage if he complied with state laws regardinga. intestate succession.b. adverse possession.c. the statute of frauds.d. the statute of limitations.

Answers

Answer: b. Adverse possession

Explanation:

Adverse possession could be described as occupying a property not yours legally. This occurs when the owner of such property can't be found or identified over a very long period of time, then the party going in goes about acquiring the property legally. The individual who acquires the property now could be seen as the legal owner of the property

what is current capital , future human capital and human capital ? is there a difference?

Answers

Answer:

it's money or dollarsand no there's no difference

Honda's new electric unicycle is very unique. It is steered by the rider leaning, computer stabilized through control of its single crabbing wheel (it can move sideways). It has a range of about 3 miles at 3 miles per hour. It takes on hour to recharge. It only weighs 25 pounds, so it can be carried. The cost would be about $2000. The only good reason to produce this would be that

Answers

Answer: Honda could get a lot of notice as innovative company

Explanation:

From the question, we are informed that Honda's new electric unicycle is very unique and that it is steered by the rider leaning, computer stabilized through control of its single crabbing wheel.

It also has a range of about 3 miles at 3 miles per hour, takes n hour to recharge and only weighs 25 pounds, so it can be carried while the cost would be about $2000.

The only good reason to produce this would be that people and every other organization will notice Hinds as being a company that is innovative. This will be advantageous for its brand.

Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah provides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah s

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Complete question :

Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah provides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah selling the hairdressers a security in Fine Cuts?

Answer: No, the hairdressers are not expecting to earn money predominately from Sarah's efforts

Explanation: Based on the description above, Sarah maintains full ownership of the salon and she's not selling any stock or security of Fine Cuts. Because security involves a financial instruments such as stocks or bonds which are sold to investors in other to acquire capital needed to operate a business. Here, Sarah makes her profit directly off the work done by the hairdressers and the items sold to customers by offering them working space and she's in turn paid a certain percentage of their earning.

The Federal Open Market Committee is comprised of A. the seven members of the Board of Governors plus five of the twelve Federal Reserve Bank presidents. B. the five members of the Board of Governors plus the twelve Federal Reserve Bank presidents. C. the seven members of the Board of Governors plus the twelve Federal Reserve Bank presidents. D. the five members of the Board of Governors plus seven of the twelve Federal Reserve Bank presidents.

Answers

Answer:

A. the seven members of the Board of Governors plus five of the twelve Federal Reserve Bank presidents.

Explanation:

The Federal Reserve Bank commonly known as "The Fed" is the central bank of the United States of America.

The Federal Open Market Committee under the Federal Reserve Bank is comprised of the seven members of the Board of Governors plus five of the twelve Federal Reserve Bank presidents.

The Federal Reserve System (the 'Fed) was created by the Federal Reserve Act, passed by Congress in 1913. The Fed began operations in 1914. It was founded by President Woodrow Wilson under the Federal Reserve Act, which was aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.

Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;

- Controlling the issuance of currency in United States of America (it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets).

- Providing banking services to all the commercial banks in the country (the Federal Reserve is the "lender of last resort).

- Regulating banking activities (it has the power to supervise and regulate banks).

You are interested in buying a piece of land overlooking the sea. You find a place atop a 50m high sea cliff. The lot is only about 30m wide but is 200m long parallel to the coast, so you think you are getting a large expanse of the coastline. What would be the most important thing to look for in considering this purchase

Answers

Answer:

The stability of the sea cliff, rock type, etc.

Explanation:

The most significant thing which must be considered is the stability of the sea cliff, rock type, etc. because it is given in the question that the place is at a top of 50 m high sea cliff. Therefore, the cliff must be stable and strong. Moreover, this is 200 m long parallel to the coast so there will not be any difficulty in the view. Thus, only stability is the primary concern that must be considered.

Profits from a sole proprietorship are reported as taxable income and Question 5 options: can be reported as a deduction. are subject to a self-employment tax of approximately 15%. can be deferred to the next tax year. can't be taxed again in a future tax year.

Answers

Answer:

(B) are subject to a self-employment tax of approximately 15%.

Explanation:

Gordon is 60 years old and Mary is 55 years old. They are married with three dependent children over age 17, and Gordon has one job. Assuming that Mary is unemployed, how many allowances should Gordon claim on his Form W-4, assuming no extra allowances for deductions or adjustments?

Answers

Answer:

The remaining part of the question:

.......Assuming that Mary is unemployed, how many allowances should Gordon claim on his Form W-4, assuming no extra allowances for deductions or adjustments?

a. Five

b. Six

c. Seven

d. eight

e. Nine

Correct Answer:

b. Six

Explanation:

The right allowance Gordon could be able o claim in the W-4 Form is actually 6.

What can you tell me about Google's Supply Chain Management ?(10 Marks)

Answers

Answer:

The answer is below

Explanation:

With suppliers across over 60 countries all around the globe, Google continues to organize its supply chain quite efficiently.

Hence, Google’s supply chain management can be summarized in the following key points:

1. Getting reliable suppliers: Google ensures they work with trustworthy suppliers by conducting robust appraisal based on a variety of factors, such as country-specific risk, product-specific risk, suppliers' past records, supplier relationships, etc.

2. Suppliers code of conducting business: this involves social and environmental responsibility and as well as safe working conditions for suppliers' employees.

3. Effective Management of Suppliers Diversity: Google identifies and supports all forms of suppliers' community, regardless of countries, gender, age, disability status, or even sexual orientation of the suppliers. This implies that Google keeps respecting and valuing the contribution of every associated with its supply chain in any capacity.

4. Promoting Tools and Techniques to Supports Suppliers: Google prioritizes training and energy conservations, cost reductions, and product enhancement, for its suppliers, which contribute to easy access to clean and renewable energy.

Vivian's been put in charge of a few clients interested in running Google App campaigns. Some campaigns will use target cost-per-action (tCPA), while others use target cost-per-install (tCPI). Which two statements are correct when it comes to setting daily budgets within App campaigns

Answers

Answer:

- A daily budget should be at least 50 times the tCPI.

- A daily budget should be at least 10 times the tCPA.

Explanation:

Google application campaigns are used to promote Android and iOS applications across different platforms with the use of one system.

Advertisements are formatted to various specifications based on advertiser's uploaded creative assets (text, image, and video assets).

tCPA should be set to at least 10 times daily. This is done to quickly ramp up the campaign. Sometimes up to 20 times can also be used for better results.

tCPI should be set at least at 50 times for bids of $4 to $$5. Even when the CPI goals are lower the target should be set this way.

Melissa works as a computer data-entry operator at VeraSign. Melissa informs VeraSign that she suffers from carpal tunnel syndrome, causing pain in her wrists rendering her unable to use a keyboard. Melissa requests as an accommodation that VeraSign hire a data-entry employee to enter the information on her behalf. VeraSign refuses to do so. VeraSign has

Answers

Answer: not violated the American with Disabilities Act(ADA) because the requested accommodation will have undue hardship on employer

Explanation:

From the question, we are informed that Melissa works as a computer data-entry operator at VeraSign and that Melissa informs VeraSign that she suffers from carpal tunnel syndrome, causing pain in her wrists rendering her unable to use a keyboard.

We are further told that Melissa requests as an accommodation that VeraSign hire a data-entry employee to enter the information on her behalf and that VeraSign refuses to do so.

It should be noted that VeraSign not violated the American with Disabilities Act due to the fact that the requested accommodation will have an undue hardship on VeraSign.

Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the ________ stage of the product life cycle.

Answers

Answer:

Maturity

Explanation:

In this scenario, Antiperspirant deodorants were introduced to the market in 1941. The market for antiperspirant deodorants is currently characterized by slowing product class revenue, fierce price competition, and repeat purchase behavior. Antiperspirant deodorants are currently at the maturity stage of the product life cycle.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Hence, maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.

Heartland Health Systems, which employs 20,000 people in facilities in Chicago, St. Louis, Topeka, and Indianapolis, has suffered from poor management for years. As a result, employees are demoralized, and the workplace culture has become increasingly toxic. The board of directors makes the decision to fire many of the top executives and brings in a new CEO, Bashir. An independent polling company conducts employee surveys across all branches, revealing that Heartland employees rank feeling undervalued and underappreciated among their biggest complaints. Bashir decides to implement a radical approach at all levels of management that will help managers relate to and serve their employees. Which of the following is Bashir most likely to do?

Answers

Answer: engage in active listening so that he can understand employees' needs

Explanation:

From the question, we are informed that Heartland Health Systems has suffered from poor management for years and as a result, the employees are demoralized, and the workplace culture has become increasingly toxic.

The most likely thing for Bashir to do is to engage in active listening so that he can understand employees' needs. When this is done, he will be able to Kno what the workers want and then can improve their morales and together achieve the organizational goals.

The difference between the economic impact upon a municipality by a convention center as opposed to a stadium or arena built for housing sporting events is A. visitors receive the benefits of a convention center. B. the increased presence of visitor spending within a municipality. C. sporting events lead to higher spending. D. business events lead to higher spending.

Answers

Answer:

increase presence of visitor spending

Explanation:

hope the answer satisfies

The difference between the economic impact upon a municipality by a convention center as opposed to a stadium or arena built for housing sporting events is the increased presence of visitor spending within a municipality. Thus, option (b) is correct.

What is economic?

The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.

The city and its residents are dealing with numerous difficulties. There were issues that needed to be resolved by the municipality. The municipality by a convention center are athletic events are the increasing presence of visitor spending on the more into the city the economic development was the created because the people are to spend.

As a result, the increased presence of visitor spending within a municipality. Therefore, option (b) is correct.

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The following information pertains to Cullumber Company.
1. Cash balance per books, August 31, $7,374.
2. Cash balance per bank, August 31, $7,338.
3. Outstanding checks, August 31, $690.
4. August bank service charge not recorded by the depositor $42.
5. Deposits in transit, August 31, $2,810.
In addition, $2,126 collected for Cullumber Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Cullumber Company
Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.)

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Answer:

                            Cullumber Company

                             Bank Reconciliation  

                                 August 31, 2022

Cash balance as per bank                             $7,338

Add: Deposit in transit                                    $2,810

                                                                        $10,148

Less: Outstanding checks                              $690  

Adjusted Cash Balance                                 $9,458

Cash balance per books                                $7,374

Add: Electronic fund transfer received         $2,126

by bank

                                                                        $9,500

Less: Bank service charges                             $42  

Adjusted Cash balance                                 $9,458

Suppose that the central bank must follow a rule that requires it to increase the money supply when the price level falls and decrease the money supply when the price level rises. If the economy starts from long-run equilibrium and aggregate demand shifts right, the central bank must

Answers

Answer:

central bank must decrease the money supply, which shifts aggregate demand left

Explanation:

In such a situation as the one being described the central bank must decrease the money supply, which shifts aggregate demand left. This decrease in the money supply will lead to a decrease in consumer spending, thus reducing price levels and real output since there is less capital for spending in the economy, which ultimately causes the aggregate demand to shift to the left. Therefore creating balance in this situation.

If the economy is in long-run equilibrium and aggregate demand shifts right, the central bank must reduce the money supply, causing aggregate demand to shift left.

When the economy is in long-run equilibrium:

In a case like this, the central bank must reduce the money supply, which pushes aggregate demand to the left.

Because there is less capital for spending in the economy, a fall in the money supply will lead to a decrease in consumer spending, lowering price levels and real output, causing aggregate demand to shift to the left.

As a result, there is a sense of equilibrium in this circumstance.

For more information about long-run equilibrium refer to the link:

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The change brought about by online competition from Amazon and Wal Mart are examples of ______? This is a fill in the blank question

Answers

Answer:

The answer is "changing customer preferences"

Explanation:

The consumer desires were perceptions, preferences, disagreements, and intentions which influence customer for consuming the choices by explaining their consumer's conduct, their support, and their needs. for example,  The client needs a certain theme, brand, and color,    

It's really difficult for a person to create marketing strategies without changing customers ’ preferences. In the corporation, it will maintain its customer base congrats to a comprehensive understanding of the various demand of consumers.

Amazon and Wal mart represent a large segment of the E-commerce industries that have large retail and whole scale chains. These companies operate 24/7 and have a customer base.

The change in the buying behavior of the clients and customers is due to the changing customer preferences in the market. These companies are the ones that drive online sales and marketing. The differences in price, brand value and tastes and preferences of people.

Thus the changing nature of people preferences in the market.

Learn more bout the brought about by online competition from Amazon and Wal Mart.

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Do you agree with the following statement: AVC and MC intersect at the minimum of marginal cost. a. Yes, since an upward sloping AVC will always intersect MC at the minimum of MC b. Yes, since the MC and AVC curve intersect at the minimum of AVC c. No, since the MC and AVC curve intersect at the minimum of AVC d. No, since only the ATC curve intersects at the minimum of MC

Answers

Answer: c. No, since the MC and AVC curve intersect at the minimum of AVC

Explanation:

Marginal cost is the cost of producing one extra unit of a product while average cost is the average of all the units produced so far. Therefore, when Marginal cost is low, it pulls the average costs down with it because it will be lower than the Average costs.

However, as Marginal costs start to rise, average cost will still be low because it is taking into account the lower previous marginal costs. Marginal cost will then keep rising until it intersects the average costs at it's minimum. Once this happens Average cost will start being pulled up because the current high costs will on average eclipse the current low costs.

Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of

Answers

Complete Question:

Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of?

Group of answer choices

A. expected merchandise

B. sample merchandise

C. staple merchandise

D. seasonal merchandise

E. fashion merchandise

Answer:

C. Staple merchandise.

Explanation:

In this scenario, Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of staple merchandise.

A staple merchandise typically comprises of finished goods, which are regularly being purchased, displayed and sold by the retailers in order to meet the need or want of the consumers. Some examples of staple merchandise are detergent powder, bread, milk, egg, butter, salt, sugar etc.

On January​ 1, 2018, Benbrook Company purchased equipment and signed a​ six-year mortgage note for​ $160,000 at​ 15%. The note will be paid in equal annual installments of​ $42,278, beginning January​ 1, 2019. Calculate the balance of Mortgage Payable after the payment of the first installment.​ (Round your answer to the nearest whole​ number.)

Answers

Answer:Balance of the mortgage payable after first installment =  $142,000

Explanation:

Interest Expense of First Installment = Principal x Interest Rate

               = $160,000 X 15% = $24,000

Principle amount of the installment=Total annual  installment−Interest of the first  installment

                =$42,278 −$24,000  =$18,278

Balance of the mortgage payable=   Opening mortgage payable balance

−Principle amount of the first installment

​=$160,000 - $18,278

=$141,722  rounded up to $142,000

On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of Ozarks no par common stock. Bonds that are similar in all respects, except that they are non convertible, currently are selling at 99. Upon issuance, Ozark should:

Answers

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

Issue price of bond is ($10 million * $101) = $10,100,000

The face value of the bond                       = $10,000,000

The premium on bond = $10,100,000 - $10,000,000

The premium on bond = $100,000

                                   Journal entry

                                                    Debit                   Credit

Cash                                        $10,100,000

Premium on bonds payable                                $100,000

Bonds payable                                                     $10,000,000

Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

A successful total quality management (TQM) program requires
a) minimizing changes in the organization's culture.
b) attributing defects to the appropriate production function(s).
c) focusing on defect solutions, not sources.
d) soliciting feedback from division-level managers and above.
e) breaking down barriers between functions.

Answers

Answer:

Breaking down barriers between functions

Explanation:

Total quality management is a management approach to getting all employees committed to improving processes , products and services towards achieving a customer satisfaction and growth success into a foreseeable future.

One key requirement towards achieving this is breaking down barriers between functions as development of new products calls for efficient planning to deliver customer satisfaction and employees in different functions and department also have to work together to anticipate problems that could impair quality of products.

The successful total quality management (TQM) program requires

required Breaking down barriers between functions.

What is TQM:

It is the management approach where it recieved all employees committed for improving out the processes, product & services, so that the customer satisfaction should be achieved. Also, the growth success should be considered for the near future.

If there is the split down barriers that lies between the functions should be of the establishment of the new product calls so that the efficient planning could be done.

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Ben works at a small advertising agency as a graphic artist. Ben enjoys his job because the company allows employees to have flexible schedules and to telecommute when necessary. Which of the following best describes this type of employee compensation? A) indirect financial compensation B) direct financial compensation C) nonfinancial compensation D) required compensation

Answers

Answer:

C) nonfinancial compensation.

Explanation:

In this scenario, Ben works at a small advertising agency as a graphic artist. Ben enjoys his job because the company allows employees to have flexible schedules and to telecommute when necessary. A non-financial compensation best describes this type of employee compensation because employees aren't given any compensation in cash.

A non-financial compensation can be defined as the satisfaction or benefits an employee derives from working in a particular organization without any form of monetary incentive. It has to do solely with non-monetary values such as flexibility, job environment, relaxation spots, food, fitness facilities etc.

Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.

Answers

Answer:

The materials budget for the year = $475,500

Explanation:

let us first lay out the particulars

beginning inventory = 31,000 yards

ending balance = 30,000 yards

amount sold from beginning inventory  =  31,000 - 30,000 = 1,000 yards

budgeted production = 53,000 comforters

requirement for each comforter = 6 yards

total budgeted yards to be required = (requirement for each comforter) × (number of comforters)

= 6 × 53,000 = 318,000 yards

Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:

number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)

= 318,000 - 1000 = 317,000 yards.

Next, we are told that material cost per yard = $1.50

1 yard = $1.50

∴ 317,000 yards = 1.50 × 317,000 = $475,500

Therefore the materials budget for the year = $475,500

The economy begins in equilibrium at point E, representing the real interest rate r 1 at which saving S 1 equals desired investment I 1. What will be the new equilibrium combination of real interest rate, saving, and investment if there is a technological innovation that increases the demand for investment goods

Answers

Answer:

hello below is the missing diagram needed for the question

answer : point B

Explanation:

when there is a technological innovation that increases the demand for investment and goods the real interest rate,savings and investment will take a positive outlook i.e take a shift to the right , this is due to the increase in investment and a corresponding increase in demand by consumers

Technological innovation are very vital for the expansion of production by companies and firms who provide either goods or services

The following per unit cost information is available: direct materials $36, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $40, variable selling and administrative expenses $14, and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute its markup percentage using a total-cost approach

Answers

Answer:

Mark−up percentage = 18.75%

Explanation:

Total manufacturing cost= Direct material + Direct labor  + Variable overhead + Fixed overhead

= $36 + $24 + $18 + $40

= $118

Hence, the total manufacturing cost is $118.

Total selling cost = Fixed selling cost + Variable selling cost

Total selling cost = $28 + $14

Total selling cost = $42

Hence, the total selling cost is $42

Total cost = Total Manufacturing cost + Total selling cost

Total cost = $118 + $42

Total cost = $160

Mark−up percentage = ROI / Total cost * 100

Mark−up percentage = $30 / $160 * 100

Mark−up percentage = 0.1875 * 100

Mark−up percentage = 18.75%

The equity sections from atticus group's 2016 and 2017 year-end balance sheets follow how many common shares are outstanding on each cash dividend date?

Answers

Answer and Explanation:

The computation of the number of common shares outstanding on each cash dividend is shown below:

On Jan 5 = 40,000 shares

On Apr 5, it is

=  Share issued - treasury stock shares

= 40,000 - 3,000

= 37,000 shares

On July 5, it is  

= Share issued - treasury stock shares

= 40,000 - 3,000

= 37,000 shares

On Oct 5, it is

= Share issued - treasury stock shares

= 47,400 - 3,000

= 44,400 shares

If, over a given period, the index of export prices rises by 10% and the index of import prices rises by 5%, the terms of trade are: 110 x 100 / 105 = 104.8 This means that the terms of trade have improved by 4.8%. When the terms of trade rise above 100 they are said to be improving and when they fall below 100 they are said to be worsening. If a country's terms of trade improve, it means that for every unit of exports sold it can buy less units of imported goods.
A) True
B) False

Answers

Answer:

B) False

Explanation:

When the terms of trade improve, it means that a country is actually selling more goods and services to foreign countries than the total amount of goods and services it is importing from foreign countries. For every dollar that a country is exporting, it is importing less than 1 dollar. But this improvement in the terms of trade will actually result in an appreciation of the domestic currency. This means that for every dollar that you export, you will be able to import more goods from foreign countries.

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