Answer: The court would likely approve Elliot's request in the following situation: <u><em>The corporation was under-capitalized from the beginning, and never had sufficient assets to operate as a viable business.</em></u>
Under the given scenario i.e. for a breach of contract , the condition will apply if the corporation i.e. Acme Inc. was under-capitalized from the start, and they never had predominating assets to work as a viable organization.
<u><em>Therefore the correct option is (a)</em></u>
Answer: ethical imperialism
Explanation:
A U.S. Manager is upset with the company's overseas representative for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order. The manager's belief such payments are wrong reflects a sense of ethical imperialism.
Ethical imperialism is used to describe a situation that occurs when an attitude or a code of ethical behavior is being imposed on another society. In ethical imperialism, regardless of one's culture or location, there's one moral standard which is universal.
Answer:
<u>Increases,.. higher... more.. low.. lower</u>
Explanation:
This monetary policy acts as economic stimulant by increasing the supply of money in the economy, with increased supply come an increase in the economy's demand for goods and services, leading to higher product prices.
Also, In the short run, this <em>positive change</em> in prices induces firms to produce more goods and services.
This, in turn, leads to<u> a low level of unemployment because companies increase their demand for more labour to meet their demand.</u>
In other words, the economy faces a trade-off between inflation and unemployment: Higher inflation leads to lower unemployment.
Answer:
Expenditures of a governmental unit for insurance extending over more than one accounting period May be allocated between or among accounting periods or may be accounted for as expenditures of the period of acquisition.
Explanation:
It is never wrong to document expenditures in real time with definite data such as date, details of expenditure and the costs entered correctly.
Therefore, if the expenditures of a governmental unit for insurance extends over more than one accounting period, it may be accounted for as expenditures of thee period of acquisition.
Since the expenditure spills over to another accounting period, it may also be located between or among the accounting periods it falls on.
Answer:
2.5%
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
<u>Given the following data;</u>
Number of years to double = 28
To find the growth rate, we would use the rule of 70.
Rule of 70 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).
<em>Mathematically, it is given by the formula;</em>
Where;
ARR is the annual rate of return in percent.
Substituting the values into the formula, we have;
ARR = 2.5%
<em>Therefore, the growth rate of the economy's GDP is 2.5%.</em>
