Answer: bilateral contract
Explanation: In simple words, bilateral contract refers to an agreement under which two individual parties agree to satisfy the obligations of performing a specific activity.
In the given case, Peter promises to paint the store of Mary and Mary promises to pay him $3000.
Hence from the above we can conclude that the given case illustrates bilateral contract.
Your friend is in the category of people considered to have HIGH INCOME.
Friend's salary is more than $1 million and he lives off a credit card. He has high income but net worth can't be determined.
Answer:
It would be a good idea to research state law to find out if professional liability insurance is mandatory in your state. She will need a different policy to insure the firm for bodily injury and property damage because professional liability insurance covers direct financial loss and expense to the legal professional that arise from claims of neglect, omissions or errors, but not intentional torts.
Answer:
Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of $100. The business then produces at additional 100 units at a cost of $90. So the marginal cost would be the change in total cost, which is $90.