Which of the Following Ratios Would Show You the Level

question 33

Multiple Choice

Which of the following ratios would show you the level of debt compared to assets or equity?

• A) liquidity ratio
• B) leverage ratio
• C) activity ratio
• D) quick ratio

Identify and distinguish between unilateral and bilateral mistakes in contracts.

Recognize the role of misrepresentation and fraud in undermining the validity of a contract.

Understand the concept of material facts and their significance in contract law.

Acknowledge the limitations and applicability of remedies in mistaken and fraudulent situations.