The answer is Beneficiary because most people buy life insurance to protect the people who depend on the insured from financial losses cause by his or her death
Answer:
The correct answer is A. True.
Explanation:
Yes, it is a valid and accepted practice in macroeconomic terms. The basic premise of the goods and services market is to attract more buyers in order to maximize profits, and offering new products is an action that leads to that purpose.
Answer:
Answer is C. The implied warranty of fitness for a particular purpose takes precedence.
Refer below.
Explanation:
Eden Valley Ranch and Farm Supply Corporation enter into a contract for a sale of fencing materials. Farm Supply, a merchant who deals in goods of the kind, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent:
The implied warranty of fitness for a particular purpose takes precedence.
It's estimated that the United States produce about 768 million pounds of cranberries each year and the Americans consume about 400 million pounds annually. They eat about 20% of those 400 million pounds on Thanksgiving, which is about 80 million pounds.
Answer:
Exit the market.
Explanation:
Suppose there are X firms in a competitive market and they are all making normal profits. If the demand for their products decreases, some of the firms will start to sell less, which will result in lower profits or even losses. In the long run, those firms that experience lower sales resulting in lower profits or losses, will exit the market. Once these firms exit the market, the quantity supplied should decrease, which will result in a price increase.
