Answer:
Correct Answer is Irrelevant contracts
Explanation:
Unenforceable contracts become inapplicable by law due to some technical aspects. The contract cannot be executed against either party.
For example, A agrees to sell 100kgs of rice for B for 10,000 / -. But there was a great flood in the states and all rice crops were destroyed. Now, this contract cannot be enforced and cannot be enforced against any of the parties.
Answer: Option a
Explanation: In simple words, marginal propensity to import refers to the change in the level of import in an economy due to change in the level of disposable income.
However the marginal propensity is calculated with respect to volume and not price thus it is calculated by dividing the change in imports with the real GDP in the given tear.
Answer:
The correct answer is C. Permanent.
Explanation:
The permanent fund is one of the five types of government funds established by the GAAP. It is classified as a restricted real endowment fund for governments and nonprofit organizations. Simply put, a permanent fund can be used to generate and disburse money to those who are entitled to receive payments by qualification or agreement, as in the case of Alaska citizens or residents who meet the standards for the payment of their state oil revenues . It was first introduced through the GASB Declaration 34. The name of the fund comes from the purpose of the fund: a sum of capital used to generate payments permanently to maintain some financial obligation. In addition, a fund can only be classified as a permanent fund if the money is used to report the status of a restricted financial resource. The resource is restricted in the sense that only the earnings of the resource are used and not the principal. For example, a fund can be classified as a permanent fund if it is used to pay accounting services for a permanent endowment of a government-run graveyard or financial endowments for a government-managed library.
Rhonda is purchasing a house from brooks. she has obtained financing, and her lender requires her to have title insurance. the company she selects conducts a title search and a cashier's check.
Title restraint actions may be brought by a buyer seeking to remove a cloud of ownership. In many cases, cloud discovery brings transactions to a halt, especially when lenders are involved. Title insurance is used for protecting a purchaser or lender from economic loss resulting from defects in the title to real property.
Title insurance protects against claims for defects. Defects are for example. B. Third Party Property Claims, Improperly Authenticated Deeds, Fraud, Counterfeiting, Attachment, Infringement, Easements, and Other Items Covered in the Policy.
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