Answer:
The statement is true as well as correct
Explanation:
Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.
And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.
Answer:
The correct answer is: bribery.
Explanation:
Bribery involves an illegal activity where a reward is offered from one party to another(s) in order to provoke certain favorable behavior. Normally, the bribes are offered to public officials or high range executives to avoid legal responsibilities, or undesired laws or to change the payee point of view on a certain matter being discussed where substantial profits can be obtained.
Answer:
In the case of age 30, there will be more money at the age of 60
Explanation:
When person start investing at the age of 20 then total year till 60 years age is = 40 years.
Interest rate (r ) = 7 percent or 0.07.
Investment amount (Present value) = $1000
Now the total amount at the age of 60 years is calculated below.
Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.
<u>Solution and Explanation:</u>
1. False- Long run Economic growth is likely to be sustainable because of finite natural resources as othe man made resources will be available to sustain growth.
2. False- In mordern economy posesing few natural resources will not affect a country to develop economically; human resources and man made resources will also contribute. Foreign trade can also play an important role towards growth, in the absence of abundant natural resources.
3. True- Natural resources are vital, and mostly exhaustible. Hence it is very essential to find suitable alternatives.
4. False- Economies of 21st century depend on human capital due to depletable atural resources.
5. True - In the 19th century, minerals and farming land were the most mportant resources, since self sustainability was in vogue.