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ale4655 [162]
3 years ago
14

Which of the following are characteristic s of customs and usage?

Business
1 answer:
GaryK [48]3 years ago
5 0

Answer:

primary source of law, oral, and repetitive

Explanation:

In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.

Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.

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Insurance is deemed by some as a social and merit good. Discuss the pros and cons of insurance within the context of it being de
Alex787 [66]

Insurance is a social and merit good as it makes financially risk averse people better off. It can help protect a business or a person from financial loss, liabilities or instability in the case of an owner or business partner's death. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

8 0
3 years ago
Compared to attending a technical school, completing a four-year college degree allows you to (4 points)
OLEGan [10]
<span>Compared to attending a technical school, completing a four-year college degree allows you to select from a wide range of careers.
When you get a college degree, you can choose to specialize in any area of study that you want, and thus you have many more options to choose from. However, a college degree is far more expensive than a technical school. You won't necessarily enter the workforce sooner, because you have to have knowledge, and not only a degree. You won't avoid student loans because, as I said, college is expensive.
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8 0
3 years ago
Which of the following types of insurance do businesses frequently offer as part
aev [14]

Answer:

i think is B correct me if i wrong

8 0
2 years ago
Read 2 more answers
Sales and cost data are promising internal secondary data for many research problems. In B2B contexts, the______ is a gold mine
Alona [7]

Answer:

The correct answer is letter "A": Sales invoice.

Explanation:

In a Business-to-Business (B2B) transaction sales invoices are provided to record the goods or services exchanged between entities or the record the services rendered from one company to the other. The information included in the invoice reflects the details of the operation such as <em>good or service acquired, quantity, date, </em>and <em>price</em>. This feed could help businesses to predict the future behavior of the other entity or to provide profitable suggestions to them.

4 0
3 years ago
demand and marginal revenue curves are downward-sloping for monopolistically competitive firms because
Brrunno [24]

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.

<h3>What is product differentiation?</h3>

Product differentiation  can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.

A monopolistic competitive firms can tend to  face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.

Therefore the correct option is A.

Learn more about Product differentiation here: brainly.com/question/8107956

#SPJ1

The complete question is:

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...

a)product differentiation allows each firm some degree of monopoly power

b)there are a few large firms in the industry and they each act as a monopolist

c)mutual interdependence among all firms in the industry leads to collusion

d)each firm has to take the market price as given

6 0
1 year ago
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