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Answer:
As the bank manager, Steve should be informed that the promissory note met all conditions and the case cannot be seen in the same light as a fraud case because the bank had no reasons to suspect any kind of fraudulent activity as everything was filled correctly and no sign of tampering on the note, it was a genuine and verified promissory note. Aside from the amount and signature, there was nothing in the note to show the agreement that both Steve and Henry had, which is not going above $5,000.
So the bank has the right to collect all its money from Steve, it is a form of negligence on the part of Steve to leave the amount blank which Henry took advantage of.
Although Steve could sue Henry for going above the amount they both agreed on.
An incentive that interest groups engage in to overcome the free rider problem is packaging a selective incentive, <span>a private good available to members only, with public goods produced by the interest </span>group. This type of packaging is also used by American Association of Retired Persons or ARRP and other interest groups.<span> </span>
I think the answer would either be a or b. Most likely the answer would be a.
Answer:
Developing
Explanation:
A developing country is one where,
- Per capita income is lower which means individuals earn money for basic survival. There are no means of investment and savings.
- Life expectancy is higher due to absence of modern medical facilities in all areas.
- Technology is still reaching people in rural areas. Not everybody has access to modern technology.
- High rates of population and unemployment.
Here, the country has all features of a developing world nation.
