Answer:
I should not accept the bet; the precise level of risk aversion does matter.
Explanation:
Risk averse person is the one who is not willing to take the risk even if he is given high returns. Risk averse person will always avoid the risks. In the given scenario the person is risk averse. If he rolls out the dice he has to pay $200 times the dice number which means he just have two chance (dice rolls 1 or dice rolls 2) for getting return otherwise he will loose the bet and he will have to pay money from the pocket.
Answer:
no no entry will be made
Explanation:
Data provided in the question:
Date on which inventory sold, December 29
Amount of inventory sold = $5,500
Account terms = 2/10 n/30
Date on which amount is paid, January 3
Now,
Since the date on which the entry is being made (i.e December 29) is before the payment is actually made (i.e January 3). Therefore, no no entry will be made in its inventory account
The answer to this statement is True goods and services can be easily balanced and purchased at certain prices and if needed the prices will increase
Answer:
The correct answer is Legal.
Explanation:
A legal problem is a dispute that must be resolved within the framework of current law. When the same is submitted to a judge's decision, the obligation to motivate it is usually imposed. This requires defining the dispute based on the normative and factual statements that are introduced by the parties in the process, supported by hermeneutical consensus and / or evidence. When the judge has the full normative and factual information - and their respective interpretative and probative grounds -, he is in a position to formulate the problem. This then has a double component: the normative, which refers to the general aspect of the controversy and states the topic on which the debate will turn, and the factual one, which indicates the characteristics of the case that give the particular hermeneutical turn to the general theme.