Here is the answer your welcome
Answer:
You have the answer yet? I am stuck on this question as well!
Explanation:
Answer:
d. laws that support enforceable contracts between firms.
Explanation:
Chao sources his bicycle bparts from Upright Strides Inc. such as wheels and tires. A threat to his business will be if he does not get his supply from Upright Strides Inc. Long drawn out disputes will cause loss of income for Chao.
So if the government implements laws that supports enforceable contracts between firms, in the case of dispute or non supply of goods Chao can enforce their contract with Upright Strides compelling them to supply goods.
Answer:
$14,250
Explanation:
To determine what amount of money will make Fred take his chances and invest in this new business, we first have to solve this equation:
- current wealth - (% chance of losing money x wealth after losing money)
$12,000 - (20% x $3,000) = $12,000 - $600 = $11,400
Then:
$11,400 / 80% of getting wealthier = $14,250
