professor torres briefly mentioned information about klaus schwab and his world economic forum. this organization started in the early 1970s. what are some of its goals?

Answers

Answer 1

The World Economic Forum (WEF), founded in the early 1970s by Klaus Schwab, has several goals, including promoting public-private cooperation, addressing global issues, fostering economic growth, and improving the state of the world.

The World Economic Forum is an international organization that brings together political, business, and academic leaders to discuss and address global challenges. Some of its key goals include promoting public-private cooperation to find solutions to societal issues, fostering economic growth and development, and improving the overall state of the world.

The WEF aims to facilitate dialogue and collaboration among stakeholders from various sectors to address pressing global issues, such as economic inequality, climate change, healthcare, education, and technology. It organizes annual meetings in Davos, Switzerland, where leaders gather to discuss these issues and formulate strategies for collective action.

Additionally, the WEF conducts research, publishes reports, and provides platforms for discussions on topics ranging from geopolitics to industry-specific challenges. It also works towards promoting sustainable development, inclusive growth, and responsible business practices.

Overall, the World Economic Forum strives to create a global network of leaders and organizations committed to shaping a more equitable, sustainable, and prosperous world through dialogue, cooperation, and collective action.

Learn more about World Economic Forum here:

https://brainly.com/question/30999569

#SPJ11


Related Questions

When a large, well-known corporation wishes to borrow directly from the public, it can.

Answers

When a large, well-known corporation wishes to borrow directly from the public, it can sell shares of stock.

A corporation is an organization—normally a set of humans or a corporation—legal with the aid of the kingdom to act as a single entity and recognized as such in regulation for positive purposes. Early included entities had been established via the constitution. maximum jurisdictions now allow the advent of new corporations via registration.

A company is an enterprise entity that is owned by means of its shareholder(s), who decide on a board of directors to supervise the enterprise's activities. The enterprise is responsible for the actions and finances of the business – the shareholders aren't.

Learn more about corporation here:https://brainly.com/question/13551671
#SPJ4

For each of the roles below, write a paragraph or two supporting or opposing a tariff that is being considered to tax imported fruit. Each response should contain the following:
-What your position is
-Why you support this position
-Why others would agree with your position
-How the consumers, producers, and government will be affected by this tariff.

1. You are a farmer, growing mangoes in California. Due to a recent drought, your crop has been particularly bad this year. The Chilean mango crop, on the other hand, is particularly good this year.

2. You are the proprietor of a restaurant that specializes in tropical cuisine. You use mangoes and other tropical fruits in many of your dishes. Since the competition in the restaurant industry is stiff, you’re always competing to stay in business.

Answers

Answer:

1. You are a farmer, growing mangoes in California. Due to a recent drought, your crop has been particularly bad this year. The Chilean mango crop, on the other hand, is particularly good this year.

As a farmer I would support high import tariffs in order to increase the price of imported mangoes. If the world price of mangoes is very high, then I will be able to charge a higher price for my own production.

Since this was a very bad year for domestic mangoes, a very high price would allow me to recover some of the losses and stay in business. Several families are directly and indirectly affected by whether my business continues or not. I have employees and suppliers that would be negatively affected if I have to close my farm.

By increasing import tariffs, the government will earn higher taxes for every mango imported. The government also has the duty to protect local businesses.

2. You are the proprietor of a restaurant that specializes in tropical cuisine. You use mangoes and other tropical fruits in many of your dishes. Since the competition in the restaurant industry is stiff, you’re always competing to stay in business.

I oppose import tariffs, and if possible they should be eliminated. Import tariffs increase the price of goods, both domestic and imported, increasing my production costs and reducing my income.

Even though import tariffs might help a small amount of local businesses, it hurts society as a whole. Customers have to pay higher prices for mangoes, or any type of product, that should be purchased at much lower prices. The economic loss resulting from import tariffs and negatively affecting consumers and other businesses offsets by far any economic benefit generated by them. If such actions are taken, the domestic mango industry will be unfairly treated just like the sugar industry and a few others that hurt the entire economy and benefit only a few.  

The government has the duty to do what is best for its citizens and businesses, and it cannot help a handful of businesses by hurting a very large group of other businesses and consumers. Government revenue will also decrease since steep tariffs will prevent any mangoes from being imported, reducing government revenue to zero.

The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

Read more about  APR interest rates

https://brainly.com/question/14270693

#SPJ1

from 1960 to 1970, the consumer price index (CPI) increased from 29.6 to 38.8 if a dozen tangerines cost 0.31 in 1960 and the price of tangerines increase at the same rate as the CPI from 1960 to 1970, approximately how much did a dozen tangerines cost in 1970

Answers

Answer: $0.41

Explanation:

A consumer price index measures the average price changes of goods that are bought by people in an economy. It shows the level of inflation in an economy.

To calculate the cost of a dozen tangerines in 1970we have to know the percentage increase in price index from 1960 to 1970 and this will be:

= [(38.8 – 29.6) / 29.6] × 100%

= (9.2 / 29.6) × 100%

= 31.08%

Let's represent the price of a dozen tangerines in 1970 by X and solve. This will be:

31.08 = (X - 0.31) × 100 / 0.31

Cross multiply

(31.08 × 0.31) = 100X - 31

9.6348 = 100X - 31

100X = 9.6348 + 31

100X = 40.6348

X = 40.6348 / 100

X = 0.46348

X = 0.41

Therefore, the cost of a dozen tangerines in 1970 is $0.41

Discuss the role of the father in attachment theory

Answers

Explanation:

Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.

why is self-representation important in the corporate world?

Answers

The correct answer is A. It determines the kind of interaction you have with your coworkers.

What is self-representation?Self-representation is the word used to describe people's conceptions, ideas, and beliefs about themselves and how these ideas, beliefs, and conceptions affect the way they present themselves to others.Additionally, one's self-perception affects attitudes, behaviors, and interactions with others. For instance, if you think of yourself as superior to others, you probably have arrogance, which will negatively affect your dealings with others. This is especially important in the business environment because it may have an impact on relationships with colleagues. This states that self-representation is crucial because "it controls the interactions you have with your coworkers." A is the right response. Your interactions with coworkers are influenced by it.

The complete question is,

Why is self-representation important in the corporate world?

a. It determines the kind of interaction you have with your coworkers.

b. It determines the percentage of salary increases during appraisals.

c. It shows that you are an honest person with strong work ethics.

d. It shows your self-management abilities.

e. It helps you avoid conflicts

To learn more about self-representation refer to:

https://brainly.com/question/28241237

#SPJ1

Greg's average balance checking account pays simple interest of 5.4% annually, and he made $7.20 in interest last month. What was Greg's average balance last month?​

Answers

Answer:

Greg's average balance last month was $ 1,600.

Explanation:

Given that Greg's average balance checking account pays simple interest of 5.4% annually, and I have made $ 7.20 in interest last month, to determine what was Greg's average balance last month the following calculation must be performed:

5.4 / 12 = 7.20

100 = X

0.45 = 7.20

100 = X

100 x 7.20 / 0.45 = X

720 / 0.45 = X

1600 = X

Therefore, Greg's average balance last month was $ 1,600.

Who did the Lakers beat today?

Answers

Answer:

nobody cuz they suc

Explanation:

Answer:

THE LAKERS BEAT TRUMP BECAUSE TRUMP IS A LOSER

Explanation:

A parallelogram ha a height of 3. 5
feet and a bae meaurement of 12
feet. What i the area of a triangle that ha the ame height and bae meaurement?

Answers

The area of a parallelogram can be calculated by multiplying the height by the base measurement. the area of the triangle that has the same height and base measurement as the parallelogram is 21 square feet.

In this case, the height is 3.5 feet and the base measurement is 12 feet, so the area of the parallelogram is:

3.5 x 12 = 42 square feet

A triangle with the same height and base measurement as the parallelogram will have half the area of the parallelogram. To find the area of the triangle, we'll divide the area of the parallelogram by 2:

42 / 2 = 21 square feet

So the area of the triangle that has the same height and base measurement as the parallelogram is 21 square feet.

In a two-layered plane, a triangle's region is the region that it totally encases. A triangle is a shut shape with three sides and three vertices, as is widely known. The whole region involved by a triangle's three sides is alluded to as its area. A big part of the result of the triangle's base and level gives the overall recipe to computing the region of the triangle.

Know more about Area of triangle - https://brainly.com/question/30187739

#SPJ4

Marigold Corp., a manufacturer of household paints, is preparing annual financial statements at December 31, 2020. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Marigold recall all cans of this paint sold in the last six months. The management of Marigold estimates that this recall would cost $806000. What accounting recognition, if any, should be accorded this situation

Answers

Based on U.S. GAAP principles, the accounting recognition to be recorded in a journal would be:

Date                      Account title                                           Debit         Credit    

December 31        Loss from estimated contingency      $806,000

                             Estimated liability from contingency                    $806,000

Requirements for recording a loss from ContingencyLoss must be probable.Loss amount can be reasonably estimated.

The loss is probable as the government has indicated its wishes clearly. The loss amount is also reasonably estimated to be $806,000. This can therefore be recorded as the above.

Find out more on contingency losses at https://brainly.com/question/25166312.

Describe the objectives of tort law and discuss the distinctions among negligent torts, intentional torts, and strict liability. What are intentional torts

Answers

Tort law provides a legal framework for addressing and resolving various types of civil wrongs, ranging from unintentional negligence to intentional misconduct, with the objective.

Negligent torts, intentional torts, and strict liability are three categories within tort law that distinguish different types of wrongful actions and the legal standards applied to them:

1. Negligent Torts: Negligent torts occur when a person fails to exercise reasonable care, resulting in harm to another person or their property. In order to establish a negligent tort, the following elements must typically be proven:

  - Duty of Care: The defendant owed a duty of care to the plaintiff, meaning they had a legal obligation to act reasonably and prevent foreseeable harm.

  - Breach of Duty: The defendant breached that duty by failing to meet the expected standard of care.

  - Causation: The defendant's breach of duty was the actual and proximate cause of the plaintiff's injuries or damages.

  - Damages: The plaintiff suffered actual harm or loss as a result of the defendant's negligence.

Examples of negligent torts include car accidents caused by careless driving, medical malpractice cases where a healthcare professional fails to provide an appropriate standard of care, or slip and fall incidents due to the negligence of a property owner.

2. Intentional Torts: Intentional torts occur when a person intentionally engages in conduct that causes harm to another person or their property. Unlike negligent torts, intent is a crucial element in intentional torts, as the defendant's deliberate action is central to the claim. Some common intentional torts include:

  - Assault: The intentional act of causing apprehension of harmful or offensive contact.

  - Battery: The intentional act of harmful or offensive contact with another person without their consent.

  - False Imprisonment: Unlawfully restraining or confining someone against their will.

  - Defamation: Making false statements that harm someone's reputation.

  - Trespass: Unauthorized entry onto someone's property.

In intentional torts, the focus is on the defendant's intentional act, regardless of whether they intended to cause harm or not. The injured party can seek compensation for both economic and non-economic damages resulting from intentional torts.

3. Strict Liability: Strict liability is a legal principle that holds a party liable for damages or injuries caused by their actions or products, regardless of fault or intent. In strict liability cases, the injured party does not have to prove negligence or intent on the part of the defendant. This concept is often applied in cases involving dangerous activities, hazardous substances, or defective products. The rationale behind strict liability is to ensure that those engaged in inherently risky activities or producing potentially harmful products bear the responsibility for any harm caused.

Learn more about legal framework  here

https://brainly.com/question/32937857

#SPJ11

How should Southwest grow given that fact that it has largely saturated its short-haul markets with point-to-point service

Answers

Southwest has a variety of options for growth beyond its traditional short-haul markets. By exploring new geographic areas, expanding its service offerings, and investing in technology, it can continue to grow and remain a competitive player in the airline industry.

Southwest has built its reputation on providing affordable, no-frills, short-haul flights, but it could consider adding more amenities and services to attract more customers, including business travelers. Additionally, Southwest can focus on growing its international presence by expanding its partnerships with other airlines and opening new routes to popular international destinations.

This would provide an opportunity to tap into a new customer base and diversify its revenue streams. Southwest can also explore the potential of offering new products and services to its customers, such as loyalty programs and bundled packages that include flights, hotel stays, and rental cars. This could help it to retain its existing customers and attract new ones.

Finally, Southwest can invest in technology to improve its customer experience and operational efficiency. This could include enhancements to its website and mobile app, as well as the adoption of new technologies like artificial intelligence and machine learning to optimize its operations.

For more such questions on markets

https://brainly.com/question/30197415

#SPJ11

Tayco Corporation has just paid dividends of $3 per share. The earnings per share for the company was $4. If you believe that the appropriate discount rate is 15 percent and the long-term growth rate in dividends is 6 percent, and earnings is 6 percent, then the firm's P/E ratio is

Answers

Answer:

the price earning ratio is 8.33

Explanation:

The computation of the price earning ratio is shown below:

P/E Ratio is

= share price ÷  Earning Per share

where,

The price of a share is

= 3 × 106

= $3.18

And, the earning per share is

= $4 × (1.06) ÷ (0.15 - 1.06)

So, the price earning ratio is

= (3 × (1.06) ÷  4(1.06)÷ (0.15 -0.06))

= 8.33

Hence, the price earning ratio is 8.33

1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

Somebody help I'll give 30 points

Somebody help I'll give 30 points

Answers

Answer:

1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.

2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.

3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.

Explanation:

Answer:

Happy meal wih a mcdoobale

Explanation:

The distinction between operating and nonoperating income relates to: (1) continuity of income. (2) primary activities of the reporting entity. (3) consistency of income stream. (4) reliability of measurements.

Answers

The reason why there is a difference between operating and nonoperating income is (2) primary activities of the reporting entity.

What is nonoperating income?

This is income that a company gets from activities that the company does not engage in primarily. For instance, a manufacturing company getting income from investments in a tech firm.

Operating income on the other hand, is income that is acquired from the primary activities of the company in question.

In conclusion, option 2 is correct.

Find out more on nonoperating income at https://brainly.com/question/25906113.

The following transactions can be recorded in the check register: a. Cash received at the time of a sale or from an owner of the company b. Cash received from a customer to be applied to their account balance c. A payment made on a bill received from a vendor d. All of the above QUESTION 20 When reconciling the bank statement using QuickBooks: a. Interest earned is added b. All deposits listed on the bank statement as cleared should be checked off c. Service charges are subtracted d. All of the above

Answers

The correct option from the given options is d. All of the above. All deposits listed on the bank statement as cleared should be checked off. Service charges are subtracted.

Check register is a log that keeps track of all the transactions that have occurred in a bank account. It is also called the cash disbursement journal. It records the deposits, withdrawals, and other account transactions. The following transactions can be recorded in the check register: Cash received at the time of a sale or from an owner of the company. Cash received from a customer to be applied to their account balance. A payment made on a bill received from a vendor.

It helps to verify the accuracy of the financial records maintained by the company. When reconciling the bank statement using QuickBooks, all of the following options are correct: Interest earned is added. All deposits listed on the bank statement as cleared should be checked off. Service charges are subtracted. All of the above options are correct.

To know more about disbursement journal visit:

https://brainly.com/question/1285692

#SPJ11

Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in

Answers

Answer:

"Carry Trade", is the right answer.

Explanation:

Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.

An accountant with ____ has the ability to create a budget, compare the budget to the actual income statement, and determine unnecessary expenses.

Answers

An accountant with technical skills has the ability to create a budget, compare the budget to the actual income statement, and determine unnecessary expenses.

Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs. From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.

Sometimes referred to as "soft talents," human skills comprise our ability to relate to one another and include characteristics such as empathy, compassion, and genuineness. People with great interpersonal skills can build stronger bonds with coworkers and customers. This, in turn, provides a solid foundation for great workplace performance in terms of innovation, adaptable thinking, teamwork, and other areas.

Conceptual skills are mental abilities that allow you to absorb complex ideas and solve challenging situations. These abilities are valuable because they enable people to solve a wide range of problems through careful thought and abstract reasoning.

Motivational abilities are activities or tactics that induce a desired behavior or response in a stakeholder.

Interpersonal skills, often known as people skills, soft skills, or emotional intelligence, are concerned with how you connect and communicate with others.

Hence, technical skills is the answer.

Learn more about income statement:

https://brainly.com/question/24498019

#SPJ4

An accountant with ____ has the ability to create a budget, compare the budget to the actual income statement,

2/10, n30 means:

a. the supplier will pay a discount of from 2-10% if paid within thirty days

b. if the customer pays within 30 days from the date of purchase, they get a 2% rebate, payable in 10 days

c. if the customer pays within ten days from the date of invoice, they get a 2% discount, otherwise the full amount is due in 30 days from the invoice date

d. the customer gets a 10% discount if paid within two days from the date of purchase

Answers

The term 2/10, n30 means that if the customer pays within ten days from the invoice date, they get a 2% discount, otherwise the full amount is due in 30 days from the invoice date.

A discount is an amount or percentage deducted from the regular price of something. A discount is a reduction in the purchase price of products or services. It is used to encourage buyers to purchase a product or service.

The term 2/10, n30 are a type of discount or payment term provided by a seller to a buyer. In 2/10, n30, 2 refers to the discount percentage that the buyer will get if they pay within ten days of the invoice date. n30 means that the net amount (the total invoice amount) is payable within thirty days from the invoice date.

To know more about discounts

https://brainly.com/question/9841818

#SPJ11

Should you write in plural form rather than singular?

Answers

Answer:

it depends, if you need to then yes

Explanation:

it depends how you’re using the word in the sentence. if you’re old taking or stating one thing/object you’d use singular, however if you’re stating two or more thing/object use plural.

Ex Plural: Look at the children
Ex Singular: Look at that child

A local boat manufacturing company has been family owned for more than 70 years, and it is the largest employer in the county. The boat company demonstrates corporate social responsibility by:________

Answers

The boat company shows corporate social responsibility by their initiative to start a free trade school that would train people to be welders, electricians, plumbers, or boat builders.

Corporate social responsibility (CSR) is a self-policing business model that aids an organization in being socially responsible to itself, its stakeholders, and the general public. Companies can be aware of the kind of effect they are having on all facets of society, including the economic, social, and environmental, by engaging in corporate social responsibility, also known as corporate citizenship. When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits the environment and society rather than harming it.

Learn more about corporate social responsibility here:

https://brainly.com/question/13528806

#SPJ4

A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax

Answers

A regressive tax is a  tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.

What is regressive tax?

When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.

Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.

Thus, option D is correct.

For more details about regressive tax, click here:

https://brainly.com/question/9373731

#SPJ2

What is influencing the change in cost of garden hoses worldwide ?

A. german economy
B. U.S economy
C. Internet Availability
D. Hose availability

Answers

Answer:

D. Hose availability

Explanation:

specifications for transactions do not need to be reviewed quickly.
T/F

Answers

False. Specifications for transactions should be reviewed quickly to ensure accuracy and efficiency in business operations.

Timely review allows for identifying and resolving any errors or discrepancies, minimizing the risk of financial losses or misunderstandings. Quick review also enables prompt decision-making, reduces delays in transaction processing, and enhances customer satisfaction. Delayed or inadequate review of transaction specifications can lead to prolonged processing times, increased costs, and potential negative impacts on business relationships. Therefore, reviewing transaction specifications promptly is crucial for maintaining smooth operations and ensuring the overall success of business transactions.

learn more about business here:

https://brainly.com/question/15826771

#SPJ11

A complete halt to trading with a particular nation or in a particular product is called a(n) a. embargo. b. stoppage. c. stay. d. closure.

Answers

When there is a complete halt in trading with a particular nation or in a particular product, this is called an A. Embargo.

What are embargoes?

Embargoes refer to the action of the stoppage of trade with a particular nation either in terms of all the products traded with that country, or with particular products.

The purpose of embargoes is simply to get a nation to do something that the nation that placed the embargo wants it to do. For instance, when the Allied nations wanted Italy to stop invading Abyssinia, they placed embargoes on the nation. Sometimes these work, other times they don't.

Find out more on embargoes at https://brainly.com/question/2124607

#SPJ1

Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.

Answers

Answer:

Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.

Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.

Explanation:

PLATO

Answer:

The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.

Explanation:

This is not from plato or edmentum. I typed it myself

cookiesamichael12345678

Answers

Answer: ?

Explanation:

Girl what does that mean, either you can count right or thats a username

If a merchant receives and cashes a check for partial payment of a debt and the check bears the notation that the amount is in full payment of a disputed sum, the total debt is released. True False

Answers

When a merchant receives and cashes a check with a notation that it is in full payment of a disputed sum, they are accepting the terms specified on the check.

By cashing the check, the merchant agrees to release the total debt, as they have accepted the partial payment as a settlement for the disputed amount.The three most common payment methods on the market today are credit cards, debit cards and cash. Credit and debit card transactions, which include fees paid by the merchant to the card issuer, tend to have larger purchase amounts than cash transactions. The number of ways a merchant can collect payment from a customer. direct debit, offline payment, etc. Stores accept cash, credit cards, or mobile payment options such as Apple Pay.

To know more about    Credit and debit card transactions  visit:

https://brainly.com/question/30086298

#SPJ11

The invisible hand principle indicates that competitive markets can help promote the efficient use of resources Group of answer choices only if buyers and sellers really care, personally, about economic efficiency. even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use. even if business firms fail to produce goods efficiently. if, and only if, businesses recognize their social obligation to keep costs low and use resources wisely.

Answers

Answer:

even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use.

Explanation:

A capitalist economy also referred to as free-enterprise system, pure capitalism, or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a capitalist economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a capitalist economy is a type of economy that is completely driven by demand and supply of goods and services.

The invisible hand principle indicates that competitive markets can help promote the efficient use of resources even when each market participant such as producer and suppliers cares only about their own self interest rather than about the overall efficiency of resource use.

The "invisible hand" concept asserts that, the self-interest by producers and suppliers of resources in a market system will automatically promote the public interest as well.

This ultimately implies that, public and private interest will always coincide assuming there exist competition in a free market system.

In conclusion, the invisible hand concept is a metaphorical description of the unforeseen forces that typically moves a free market system or economy.

Other Questions
Lisa is putting 29 juice bottles into coolers for a picnic. Each cooler holds 6 juice bottles How many coolers will Lisa need to hold all the juice bottles? What is literatureconflict? A flute plays a note with a frequency of 266 Hz. What is the speed of sound if the wavelength is 1. 3 m? 102 m/s 205 m/s 346 m/s 692 m/s. . What can occur when new information about a particular organism is discovered? Please help! photo is attached, will give brainliest. A ball is thrown into the air with an initial velocity of 30 ft/sec. This situation is modeled by h=-16t^2+30t+6. Will it reach the top of a building with a roof height of 22 feet? 2. A 1250 kg car is moving down the highway with a velocity of 32.0 m/s when it bumps into the car ahead of it which has a mass of 875 kg and a velocity of 25.0 m/s. After the collision, the two cars stick together. What will be the resulting velocity of the two cars together? How much energy will be lost in this collision? A project sponsor forces the project management to include a management reserve in the cost of a project. However, the project If the data in the stem-and-leaf graph below were shown in a line plot, which statement(s) would be true of the line plot? ( Can pick more than one answer) Three angles of a triangle are the 4x or (4x-2) and (3x+6). Find x I need help with this please. I already did this problem but I think I made a mistake can you please look it over? i cannot help a friend with a mental illness . only a doctor can ? true or false ? Help please asap help please The fair distribution of benefits and burdens refers to...A) BeneficenceB) comparative justiceC) distributive justiceD) Fidelity If you get 1 point for every 100 steps how many steps do you need to get to 2000 points What indicators suggest that Ethiopias current crisis may be a genocide? Please Help me ASAP 100 points for correct answer In 1952, Hershey and Chase confirmed Avery's (1944) conclusion thatA. proteins are the repositories for hereditary information.B. DNA is the repository for hereditary information.C. RNA is the repository for hereditary information.D. each DNA molecule is composed of two strands that are twisted into a double helix.E. the replication of DNA is semiconservative. If mSKL=31 and mJKS=52, what is the measure of JKL? the enzymes that catalyze cellular reactions are macromolecules made of organic compounds composed of carbon, hydrogen, oxygen, and nitrogen. these types of macromolecules are known as a. starchesb. proteinsc. fats