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dmitriy555 [2]
1 year ago
13

while the washington family was gone for the weekend, their home was broken into and robbed. manny, a professional boxer who liv

ed next door, saw the thief, apprehended him, and forced him to return the stolen possessions. when the washingtons returned, mr. washington told manny that he would give him $5,000 for his efforts. the next morning, mr. washington gave manny a check for $2,000. what result? question 18 options: mr. washington broke his contract with manny. manny would lose if he brought a suit against mr. washington because manny's actions would be a past consideration. the bargained-for-agreement obligated mr. washington to pay the boxer $5,000. mr. washington would lose if manny brought a suit against him to recover the amount based on promissory estoppel.
Business
1 answer:
Kisachek [45]1 year ago
3 0

Manny's acts would be a past factor in any lawsuit he filed against Mr. Washington, so Manny would lose. Filipino boxer Manny Pacquiao competed as a professional from 1995 until 2021. regarded as one of the greatest professional boxers ever by boxing historians...

<h3>Where does Manny stand historically?</h3>
  • On ESPN's list of the top boxers, pound-for-pound, over the past 25 years, Pacquiao was placed second in 2016. Pacquiao is ranked by BoxRec as the third-best boxer of all time, pound for pound, and as the best Asian boxer ever.
  • A boxer who has won major world championships in eight different weight divisions is known as an octuple champion. The only boxer in history, Manny Pacquiao, has won twelve major world championships in just eight years.

To learn more about Manny pacquiao refer to:

brainly.com/question/28774013

#SPJ4

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If there is an unanticipated increase in aggregate demand, which of the following is most likely to occur?
emmasim [6.3K]

Answer:

A. an increase in the price level (inflation)

Explanation:

When there is an unanticipated increase in aggregate demand it usually result in the general increase in the price level of that good demanded (inflation). This is because when there is an unpredicted increase in demand for a good, the demand becomes higher than the supply for that good at that particular period. Because the supply is now less than the aggregate demand, the prices of the commodity is then increased to discourage demand. The increase in the price of the commodity (inflation) therefore is a direct result from the increase in the aggregate demand for that commodity.

4 0
3 years ago
_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely
jeka57 [31]

Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0
3 years ago
If the level of incomes rises for high-income workers but doesn't change for low-income workers, then poverty will not change an
Aloiza [94]

If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."

<h3>What is poverty?</h3>

Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.

According to the World Bank, poverty is as follows:

  • Hunger is poverty.
  • Absence of shelter is poverty.
  • Being sick and unable to visit a doctor is poverty.
  • Being illiterate and lacking access to education are both aspects of poverty.
  • Living day by day and not having a job are all signs of poverty.

Some faces of poverty is also-

  • Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
  • Most of the time, people desire to get out of poverty.
  • Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.

Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.

To know more about factors cause poverty in low-income nations, here

brainly.com/question/1985270

#SPJ4

7 0
2 years ago
Which of the following is a characteristic of a monopoly market?
EleoNora [17]

Answer:

single seller competition in the short run

Explanation:

because Monopoly is considered a product maximizer so it can't be minimal and it most definitely is not close substitute for their products and services

5 0
3 years ago
The big problem with average-cost pricing is that:A. fixed costs are hard to estimate.
zavuch27 [327]

Answer:

B. it ignores the firm's demand curve.

Explanation:

A: With the help of average cost pricing, the fixed cost can quickly estimate. Therefore, it cannot be the answer.

C: The average cost must consider the effect of variable cost. Therefore, it is also the wrong statement.

D: It is easy to estimate profit if there is an average cost pricing.

B: average-cost pricing always ignores the demand curve because it is a "U" shaped curve. Because after a certain level of product selling, the average cost is increasing. On the other hand, demand curve is such that if the price decreases, the quantity demanded increases. Therefore, it is a downward slopping curve. Hence, it is understood that, average-cost pricing ignores demand curve.

6 0
3 years ago
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