The answer to this question is Simple;informal
Simple contracts usually will be used if the transaction happens in small scale (it held small amount of value)
Which means that both parties either believe in one another or they simply do not care enough about the contract to care about the legal precautions.
This can be attributed to period of turmoil in the financial markets at the time of the Great depression.
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What is Great Depression?</h3><h3>
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Great depression refers to the great economic turn down which was stated due to the fall in the market of the stock prices in the year 1929 and 1930. It was the economic depression.
Despite years of efforts to develop more sophisticated underwriting procedures and regulations, the coming of the Great Recession prompted an unprecedented rise in house mortgage defaults. This is explained by period of turmoil in the financial markets.
Learn more about great depression here:
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Answer:
D. Geneva and her team work remotely from all around the world, and are unable to meet face to face.
Explanation:
If Geneva is a team manager of a group of people who work from vastly different areas, communicate through virtual means, and are unable to meet in person at one single place, then, sending the information about the future layoffs by email is justifiable.
Even if the information is of great importance, and does not tend to be sent by email, in this case, Geneva is unable to meet personally with each one of the people who will be laid off.
Answer:
The amount of manufacturing overhead allocated for the year based on machine hours would have been $268,087
Explanation:
For computing the manufacturing overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $238,700 ÷ 20,200 hours
= $11.81
Now the manufacturing overhead equal to
= Actual direct labor-hours × predetermined overhead rate
= 22,700 hours × $11.81
= $268,087
Name the three factors of production:
1. land
2. labour
3. capital
Though sometimes entrepreneurship is included and occasionally land is excluded.
The payment for goods and services is the price, the hiring of factors is usually called wage or rent depending on whether we are discussing labor or capital.