Which of the Following Costs Are Variable A)1 and 2
B)1 and 4
C)only 1
D)only 2

question 130

Multiple Choice

Which of the following costs are variable? $\begin{array}{crr}\text { Cost } & 10,000 \text { Units } &30,000 \text { Units } \\1.& \$ 100,000 & \$ 300,000 \\2 . & 40,000 & 240,000 \\3 . & 90,000 & 90,000 \\4 . & 50,000 & 150,000\end{array}$

• A)1 and 2
• B)1 and 4
• C)only 1
• D)only 2

---

Definitions:

Mistake Of Law

An error arising from misunderstanding or ignorance of legal principles, which can affect the validity of a contract.

Legal Actions

Legal actions are formal steps taken within the judicial system to enforce or defend rights, often involving lawsuits or proceedings in court.

Duress

A situation where an individual performs an act as a result of violence, threat, or other pressure against them.

Economic Duress

Refers to a situation where one party compels another to agree to a contract under threats or pressure that deprive the victim of their free will.