record book .................................................... .
<span>A lack of trust between two parties engaged in international trade is exacerbated by the </span><span>problems of using an underdeveloped international legal system to enforce contractual obligations. When a strong internal legal system is put place, there is a better chance for trust to be held in trading. When doing international trade both parties need to understand their roles and responsibilities and hold up to the end of the deal. Without trust it's likely the two countries will stop trading with one </span>another.
Answer:
<u>Interlocking corporate director</u>
Explanation:
Interlocking corporate director refers to an individual serving as a director on the board of multiple companies.
Interlocking directorship is not considered illegal if the companies of which the same individual serves as a director, are not competing firms.
In the given case, an individual serves on the board of a bank, also serves the board of a computer manufacturing company that usually borrows from the bank.
Here, the independence and objectivity of the director would be impaired and this may lead to a situation of conflict of interests as the director exercises sizable influence in framing the lending policies of the bank.
Thus, such a situation would be in violation and the director may have to step down from the board of one of the companies.
Answer:
D. both a and b.
Explanation:
The marginal cost of production is the marginal private cost. When an individual or a firm spend extra cost for an extra unit of good or service, it is called marginal private cost. The marginal social cost of production is the cost that an entire society pays for the consumption of an extra unit of goods or services.
The extra benefit a consumer gets from the use of extra good is referred to as the marginal private benefit. When there is a change in benefit due to the extra unit of consumption, it is the marginal social benefit. It includes an extra benefit.
The economic efficiency of a market equilibrium deters the marginal private cost and benefit. Externalities affect that market equilibrium.
So, both a and b is the answer.
They have no record of crashing
