Wilbur decides to sell his collection of rare stamps on ebay. when he is filling out the information for his item, he types $40 instead of $400 in the reserve price box. wilbur does not notice his mistake until after the auction is over and someone has purchased his stamp collection for $75. wilbur:

a. can rescind the contract because the stamps are worth much more than $75.

b. can rescind the contract because he made a unilateral mistake.

c. can claim he was defrauded.

d. cannot rescind the contract based on his unilateral mistake.

Witch is an example of a non durable good?

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%