A court will consider a common law principle known as the Parol Evidence Rule if a landlord claims to allow cats in an apartment but the lease specifies otherwise.
Demonstrate The Parol Evidence RuleParol evidence is any agreement that is not part of the written contract and is used in contract disputes. According to the parol evidence rule, unless there is proof of fraud, duress, or a mutual error, these agreements made outside of the contract are not admissible in court. The rule's justification is to prevent dishonest criticism of contracts. The parol evidence rule prohibits the use of extrinsic evidence, including earlier or contemporaneous oral and written agreements, that contradict or alter a written provision that the parties intended to be fully incorporated. In other words, the jury is not allowed to hear any information that occurred prior to, during, or after a contract that was not set forth in writing.
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What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.
Answer: It’s C
Explanation: read it before you check it because the order might be different in different test.
The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.
What is specialization in an economy?Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.
Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.
Therefore, option C is correct.
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The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
state any five occupations in public service sector? Explain any one of them.
Answer:
Explanation:
Public service simply refers to the services that are provided by the government. The examples of occupations in the public service sector include:
1. Firefighter
2. Law enforcement officer
3. Custom inspector
4. Military
5. Public health nurse
A law enforcement officer is a person that enforces law. They also help in protecting lives and properties.
Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
Conclusion about public companies and state owned enterprises task
Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
What is public and state owned company?A public company can be described as the company that can sell all or a portion of itself to the public .
A state-owned company on the other hand is a legal entity which is been created by a government for the sake of commercial activities which is been run on government's behalf.
Therefore, Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
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A retail clothing store offers customers an opportunity to open up a credit card during checkout. one location of the retail clothing store states that the number of credit cards, a, that are openedt months since january can be modeled by the function a(t) = 10 2t. the number of credit cards opened at another location, b, is defined by the function b(t) = 25 − t. what is an expression that can be used to determine the total amount of credit cards opened at the two locations? (a b)(t) = 35 t (a b)(t) = 35 3t (a − b)(t) = −15 t (a − b)(t) = −15 3t
An expression that can be used to determine the total amount of credit cards opened at the two locations is: (A+B) (t)=35+t.
ExpressionExpression for location A
Location A total number of credit card=A(t)=10+2t
Expression for location B
Location B total number of credit card=B(t)=25-t
Hence,
Total amount of credit card:
(A+B) (t)=(10+2t) + (25-t)
(A+B) (t)=10+2t+25-t
(A+B) (t)=35+t
Therefore an expression that can be used to determine the total amount of credit cards opened at the two locations is: (A+B) (t)=35+t.
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During 2020 , Teal Company started a construction job with a contract price of \( \$ 1,580,000 \). The job was completed in 2022 . The following information is available.
Your answer is correct. Comp
During 2020, Teal Company commenced a construction project with a contract price of $1,580,000. The job was finished in 2022. The following information is available:
1. 2020 Costs:$160,000 for materials$300,000 for labour$80,000 for overheads$40,000 of indirect costs that are not part of the contract price.
2. 2021 Costs:$240,000 for materials$450,000 for labour$120,000 for overheads$60,000 of indirect costs that are not part of the contract price3. 2022 Costs:$160,000 for materials$240,000 for labour$80,000 for overheads$20,000 of indirect costs that are not part of the contract price. We have to identify the profit or loss for Teal Company in 2020, 2021, and 2022 based on the given data. Teal Company has the following total costs for 2020:$160,000 + $300,000 + $80,000 + $40,000 = $580,000
Therefore, we can calculate the estimated revenue for 2020 using the formula: Estimated Revenue = Contract Price - Total Costs Estimated Revenue = $1,580,000 - $580,000 = $1,000,000Since the actual revenue earned was $1,200,000, the estimated profit can be calculated using the formula: Estimated Profit = Actual Revenue - Total Costs Estimated Profit = $1,200,000 - $580,000 = $620,000
Total Costs Estimated Profit or Loss for 2022 = $1,580,000 - $500,000 = $1,080,000In 2020, Teal Company earned a profit of $620,000. In 2021, they made a profit of $330,000, while in 2022, they made a profit of $1,080,000. Therefore, Teal Company made a profit of $2,030,000 on this project.
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a constraint in a decision is a restriction placed on ___
Answer:
Explanation:
a constraint in a decision is a restriction placed on the options or solutions that are available to choose from. A constraint can be anything that limits the set of possible solutions, such as budget restrictions, time limitations, resources available, and legal or regulatory requirements. In decision-making, constraints play a crucial role in determining the feasibility of different solutions and help to guide the decision-making process towards finding a solution that meets the needs and goals of the decision-maker while also being practical and achievable within the given restrictions. Understanding and identifying constraints is an important step in the decision-making process and can help ensure that the final decision is feasible, effective, and sustainable.
what are the sources of income of the government? where do these taxes go?
Answer:
The taxes go in the national income of country
Firms A and B plan to collude in an economy for their similar products, which includes the grim strategy for punishment. They plan to set the price of their product at $8. The marginal cost of Firm A is $5 and Firm B is $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, which of the following situations would likely occur? A. Firm B reduces the price to $7 causing Firm A to exit the market. B. Firm B reduces the price to $7 causing Firm A to reduce its price to $7. C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50. D. Firm A reduces the price to $7 causing Firm B to exit the market.
Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
BOX 2.5 Case Highlight Limiting Imports of Hormone-Treated Beef Case Name and Tribunal European Communities-Measures Concerning Meat and Meat Products (Hormones) (WTO Appellate Body, 1998)17 Facts In response to concerns of EU citizens about the risks presented by beef injected with natural and synthetic growth hormones, the European Union imposed a ban on the import of such beef. The United States challenged the restriction under the SPS Agreement, claiming that the panel reviewing the issue evalu- ated the risk associated with the use of hormones for growth promotion twice and the only evidence on record showed that the studies looked at a "theoretical framework for the systemic analysis of such problems" but did not actually investigate and evaluate the problems that arise from the use of such hormones. Issue Did the EU's ban on hormone-treated beef comply with the re- quirements of the SPS Agreement? Decision A risk assessment, as required by Article 5.1, is "a scientific process aimed at establishing the scientific basis for the sani- tary measure a Member intends to take." The ban was found not to be based on a risk assessment that followed scientific principles and procedures and, therefore, was in violation of the SPS Agreement. Analysis/Application In order to rely on exceptions to the GATT under the Agree- ment on Technical Barriers to Trade (TBT Agreement), member states must rely on sound scientific principles and provide evi- dence of such. Aftermath The case raised difficult issues and required a consideration of the uncertainty presented by divisions of scientific opinion. The European Union was unwilling to remove its restrictions on the import of the hormone-treated beef, with the result that the WTO in 1999 authorized the United States and Canada to col- lect penalties of more than $100 million per year in extra duties on European exports. The European Union brought the issue back to the WTO, where unprecedented open hearings were held in 2005. The European Union argued that new scientific evidence showed that the European Union complied with the 1998 WTO judgment. The impasse between the United States and the European Union was settled by way of a negotiated agreement in 2012 in which the European Union kept its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.
The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.
The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).
The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.
The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.
The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.
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As the number of interest compounding periods in one year increases, the present value of a lump sum cash flow received in the future will:
As the number of interest compounding periods in one-year increases, the present value of a lump sum cash flow received in the future will decrease.
Interest is a term used to describe the cost of borrowing money or the compensation received for lending money. When a person borrows money from a lender, they are typically required to pay back the amount borrowed plus an additional amount of money, which is the interest. The interest rate is usually expressed as a percentage of the loan amount and can be fixed or variable.
Interest rates can vary depending on a number of factors such as the borrower's credit score, the length of the loan, and the current economic conditions. When interest rates are high, borrowing becomes more expensive, and when they are low, borrowing becomes more affordable. Interest can also refer to the earnings received on investments, such as savings accounts, stocks, or bonds. The interest earned on these investments is typically expressed as an annual percentage rate (APR), and it can vary depending on the type of investment and market conditions.
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Darcy’s dress emporium has adopted an inventory system that reduces the amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise at the store, available for sale. This increases product availability and lowers inventory investment. These benefits are attributed to the ________ system.
The benefits mentioned in the question are attributed to a Just-In-Time (JIT) inventory system. JIT is a strategy that aims to reduce inventory costs and increase efficiency by only ordering and receiving goods as they are needed in the production process or for sale.
By reducing the amount of time between recognizing the need to place an order and receiving the merchandise, the JIT system helps to ensure that products are available for sale when customers want to purchase them, while minimizing the costs associated with holding excess inventory.
The JIT system is particularly useful for businesses that deal with perishable or seasonal products, as it allows them to manage inventory levels more effectively and respond quickly to changes in customer demand. By implementing a JIT system, Darcy’s dress emporium can improve its product availability and reduce inventory investment, leading to increased profitability and customer satisfaction.
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Nstruction usually in manual or skilled trades to prepare a student for gainful employment is called _______________ training
Instruction usually in manual or skilled trades to prepare a student for gainful employment is called __Vocational_ training.
Vocational training focuses on developing technical skills for a specific job or trade. It offers you practical knowledge in contrast to theoretical knowledge offered by the conventional formal education system. Understanding different vocational training options can help you choose the right one for your career growth and development. It offers an opportunity to learn the skills of your choice and make a career switch at almost any point in time.
A vocational school is a type of educational institution specifically designed to provide vocational education.Vocational training can take place at the post-secondary, further education, or higher education level and can interact with the apprenticeship system.
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During the long run:
Output is limited because of the law of diminishing returns
The scale of operations cannot be changed
The firm must decide how to use the current plant
All inputs are variable
During the long run, the firm must decide how to use the current plant because all inputs are variable.
During the long run, a firm operates under conditions where all inputs are variable. This means that the firm has the flexibility to adjust and change its input levels, such as labor, capital, and raw materials, to optimize its production process. However, the firm faces the constraint of utilizing its existing plant or facilities. The decision on how to use the current plant becomes crucial in determining the firm's output and efficiency.
The law of diminishing returns states that as more units of a variable input, such as labor or capital, are added to a fixed input, such as the current plant, the additional output produced will eventually decrease. This implies that there is a limit to the amount of output that can be generated using the current plant. The firm needs to carefully consider the allocation of its variable inputs to maximize productivity and avoid reaching a point of diminishing returns.
Additionally, the scale of operations cannot be changed in the long run. Unlike the short run, where at least one input is fixed, the long run allows the firm to adjust all inputs. However, the firm cannot alter the size or capacity of its plant or facilities. This means that the firm must make efficient use of its current plant and find ways to optimize its production process within the given constraints.
In conclusion, during the long run, a firm's output is limited due to the law of diminishing returns, and the firm must decide how to use the current plant effectively since all inputs are variable. By carefully allocating its variable inputs and maximizing productivity within the existing plant, the firm can achieve optimal output levels and long-term profitability.
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Which time-series model uses BOTH past forecasts and past demand data to generate a new forecast? A) naïve. B) moving average. C) weighted moving average
Option d: Exponential smoothing. The time-series model uses BOTH past forecasts and past demand data to generate a new forecast is exponential smoothing.
Demand forecasting is known as the process of making future estimates related to customer demand over a period of time.
In general, demand forecasting considers historical data and other analytical information to produce the most accurate forecast.
More specifically, demand forecasting methods use predictive analysis of historical data to understand and forecast customer demand, understand key economic conditions, and provide key insights to optimize company profitability. including making appropriate supply decisions.
Demand forecasting methods fall into two main categories: qualitative methods and quantitative methods. Qualitative methods are based on expert opinion and information from practice.
It is mainly used in situations where little data is available for analysis. For example, when a company or product is launched. However, quantitative methods use data and analytical tools to make predictions.
Demand forecasting can be used for production planning, inventory management, and in some cases assessing future capacity needs and making decisions about entering new markets.
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Complete question:
Which time-series model uses BOTH past forecasts and past demand data to generate a new forecast?
A) naïve
B) moving average
C) weighted moving average
D) exponential smoothing
E) trend projection
define the study of economics
analyze ways that economics influences our daily lives
identify three basic economic questions: What will be produced? How will it be produced? For whom will it be produced?
The Study of economics can be defined as the study of People. Economics tries to explain what driving factor behind human behaviour, decisions and reactions when faced with difficulties or successes.
The effects of economics on our daily lives can be analyzed in the following ways
Opportunity costHow to maximize utilityThe effects of externalitiesImportance of savingEffects of Inflation.What are the Basic Economic Questions? What should we produce How should we produce it For whom should we produce itLearn more about economics at https://brainly.com/question/17996535
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D. now suppose instead that domestic tire producers in the united states convince the government to impose a tariff (tax) on imported tires with the goal of doubling the quantity of domestic tires produced compared to the quantity supplied at the world price. how large would the tariff need to be to achieve this goal?
Answer: Protective tariff; Revenue
Explanation:
A key characteristic of evolutionary change is that it is
A)widespread.
B)unexpected.
C)short-lived.
D)dramatic.
E)narrowly focused.
The key characteristic of evolutionary change is A) widespread.
Evolutionary change refers to the gradual process of biological transformation that occurs over generations. It is a widespread phenomenon that affects various aspects of life on Earth. This change encompasses the development of new species, adaptations to the environment, and modifications in genetic traits.
B) Unexpected: While evolutionary change may lead to unexpected outcomes, it is not a defining characteristic. Evolution operates based on natural selection and genetic variation, which can result in both predictable and unpredictable changes.
C) Short-lived: Evolutionary change is not short-lived; in fact, it takes place over long periods of time, often spanning thousands or millions of years. It involves cumulative changes that gradually accumulate and shape populations and ecosystems.
D) Dramatic: Although some evolutionary changes can be dramatic, such as major adaptive shifts or mass extinctions, not all changes are characterized by such dramatic events. Many evolutionary changes occur through small, incremental modifications.
E) Narrowly focused: Evolutionary change is not narrowly focused but rather affects a wide range of organisms and traits. It influences entire populations and ecosystems, leading to diversification and the emergence of new species.
In conclusion, the key characteristic of evolutionary change is its widespread nature, influencing various aspects of life and shaping the diversity of organisms on Earth over extended periods of time.
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Melinda sells candles. Last month, her starting balance was $6,200, her ending balance was $4,900, and her revenue was $2,300. What is Melinda’s current run rate?
Revenue meaning is the money that is produced by carrying out normal business operations and is calculated by multiplying the average sales price by the number of items sold.
What is the meaning of Revenue?Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.
Revenue, which is determined by dividing the average sales price by the number of products sold, is the money generated by conducting regular business operations. To compute net income, various costs and expenses must first be deducted from the total amount of money.
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definition of the term small business
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.Plzzz help me with this one
Answer:
what the question.....
write on perfect competition
Assume that the market for soybeans is purely competitive. Currently, firms growing soybeans are earning positive economic profits. In the long run, we can expect Multiple Choice new firms to enter, causing the market price of soybeans to fall. new firms to enter, causing the market price of soybeans to rise. some firms to exit, causing the market price of soybeans to fall. some firms to exit, causing the market price of soybeans to rise.
Answer:
I don't understand what the question is supposed to be?
Individuals produced their own goods. They then decided to specialise. They formed a group and offered their skills to each other but without the use of money. What is not likely to be the result for the group? A. It will enjoy a rise in its material standard of living. B. It will have a wider choice of goods and services. C. It will need to use a system of barter. D. It will save time in obtaining goods and services.
Answer:
It will save time in obtaining goods and services.
Explanation:
Describe the characteristics of three technology-based business models.
Answer:1. The value is created using digital technologies
2. Digital business models are new to the market
3. Digital customer acquisition and distribution
4. USP is created digitally
Explanation:
How many years will it take for output to quadruple if output is growing at 5% annually?
Answer:
28.4 years
Explanation:
If the economy were to grow at a sustained average rate of 4%, it would take only 17.7 years to double 35.4 years to quadruple at a rollicking 5% growth rate.
To calculate the annual growth rate formula, follow these steps -
1. Find he ending value of the amount you are averaging
2. FInd the beginning value of the amount you are averagin
3. Divide the ending value by the beginning value
4. Subtract the new value by 1
5. Use the decimal to find the percentage of annual growth.
1. Explicit and Implicit Costs Juan and Julia contributed $50,000 of their own money to the company They bought equipment for $3,000 They hired an employee with a salary of $20,000 Juan quit his job where he earned $30,000 Julia quit part of her job where she earned $15,000 · Purchases of materials for the business were $10,000 · At the end of the year the value of the equipment is $28,000 · A business loan of $100,000 pays 6% annual interest The normal profit based on the above data from running the business is $30,000. True or false?
Explicit and Implicit Costs The normal profit based on the given data from running the business is $30,000. False.An explicit cost is the money that the business spends, which includes the wages paid to employees, the rent, and the cost of supplies.
When the business purchases a new piece of equipment or hires a new employee, this is a clear cost that is easily measured and accounted for. The implicit cost is a little more complicated. It is a cost that a company pays but that is not explicitly stated in the business records. When a company uses its own funds to purchase equipment or pay salaries, it incurs implicit costs.
The normal profit based on the above data from running the business is $30,000. False, it is a loss as we can calculate it as follows:
Total explicit costs = $50,000 + $3,000 + $20,000 + $10,000 + $6,000 (interest expense) = $89,000 Total implicit costs = $30,000 + $15,000 + $30,000 = $75,000Total revenue = $0Therefore, normal profit = Total Revenue - Total Explicit Costs - Total Implicit Costs = $0 - $89,000 - $75,000 = ($164,000)
This means that the company is operating at a loss of $164,000.
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A targeted cover letter is written specifically for work within the industry you prefer.
True or False?
Answer
False is the answer hope this helps
Answer:
true
Explanation:
If Assets are $ 5,000 and Liabilities are $ 3,000, what is Owner’s Equity?
Answer:$2,000
Explanation:
Owner's equity = all of the assets - all of the liabilities
$5,000-$3,000=$2,000