Contracts can be discharged by performance: complete performance discharges both sides; material breach discharges the breaching party, who has a right to claim damages; substantial performance obligates the promisee to pay something for the benefit conferred but is a breach.
Answer:
The correct answer is the letter C. by showing that if total spending in the economy grows faster than total production, prices will rise
Explanation:
The dynamic aggregate supply and demand model explains inflation as follows: In the short run, an economy's production capacity is limited to existing factors of production, ie there is little room to increase the amount of capital and thus the supply of goods and services. Thus, if aggregate demand, that is, the economy's consumption capacity grows faster than production capacity, that is, to supply goods and services, there will be demand inflation, which happens when aggregate consumption pressures aggregate supply, raising price levels.
Answer:
C. repetitive production
Explanation:
Based on the information provided within the question it can be said that only in Repetitive Production
will you see at most minor variations implemented. This is because this type of operations uses various machines in a pre-set process to make the product, a small change in the product specifications would require ALL of the equipment to be replaced, rearranged, or modified just to be able to implement the changes to the product. This many times costs more money than what the change will generate.
When the loan amount is divided by either the sales price or the appraised value, (whichever is lower), and then converted to a percentage, this is known as the <u>loan-to-value ratio</u>.
An LTV ratio is calculated by dividing the amount borrowed by the appraised value of the property, expressed as a percentage. The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property. The higher your down payment, the lower your LTV ratio. Mortgage lenders may use the LTV in deciding whether to lend to you and to determine if they will require private mortgage insurance. In some cases, you'll find that the home you're in the process of purchasing appraises for a bit higher than the contract price, which will in turn, lowers your LTV ratio. Keep in mind, though, that it's not common for homes to appraise for much more than the contract price.
To learn more about loan-to-value ratio here
brainly.com/question/28189313
#SPJ4
