The fishing business goes off of supply and demand... and so does the super market they both sell the products based on the need of the people.
Answer:
The correct answer is letter "B": monetary neutrality.
Explanation:
Austrian economist Friedrich A. Hayek (1899-1992) referred to monetary neutrality as a theory that states the changes in the money supply do not affect the <em>prices of goods, services, wages but no the economy as a whole</em>. According to Hayek, printing more money could increase the demand affecting some economic variables (such as the mentioned above), but in the long run, it does not have a relevant impact.
Answer:
Post the transaction information to the ledger
Explanation:
Usually there about eight steps in the accounting process. The first two steps are:
1. Identification of transactions.
2. Recording of identified transactions in a Journal
3. Posting into the general ledger
The general ledger provides details of all accounting activities by account enabling the bookkeeper to monitor financial positions and statuses by account.
Answer:
The correct answer is letter "A": voidable.
Explanation:
Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.
Thus, <em>Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).</em>
Answer:
The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed
The Triple Bottomline.
It is also referred to by economists as the 3P - People, Planet and Profit.
It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.
In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.
Cheers!